How to Buy Iradimed Stock

Iradimed Corp

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally.

Iradimed stock last closed at $55.41, down 8.39% from the previous day, and has increased 23.12% in one year. It has overperformed other stocks in the Medical Devices industry by 0.3 percentage points. Iradimed stock is currently +37.89% from its 52-week low of $40.18, and -12.46% from its 52-week high of $63.29.

There are currently 12.67M shares of IRMD outstanding. The market cap of IRMD is $702.17M. In the last 24 hours, 106,459 IRMD shares were traded.

How to Buy Iradimed Stock

Wondering how to invest in Iradimed stock? Here's how.

  1. Choose where to buy Iradimed stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Iradimed stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your payment method and add your information.
  4. Evaluate Iradimed stock: The Iradimed ticker symbol is IRMD. Is Iradimed stock a good investment? Should you buy shares of IRMD? How do IRMD's underlying business fundamentals look? Do top analysts think Iradimed is a good buy? Why has IRMD's stock price moved recently? (Hint: Our stock market research website can help you evaluate if IRMD is a good stock to buy).
  5. Make your IRMD buy order: Decide if you will purchase IRMD shares at the current market price or use a limit order to buy IRMD stock at a given price.
  6. Watch your IRMD investment: Create a watchlist to important notifications about your position in Iradimed shares.

Step 1: Choose where to buy Iradimed stock

You will need an online brokerage account in order to access the NASDAQ market and buy IRMD stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you are able to invest in IRMD today.

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Step 3: Put funds into your brokerage account

Now that you have created your account on the best stock app, your next step is to transfer the money for your investment:

Check out this video walkthrough for more details transferring funds into your investment account.

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Step 4: Evaluate Iradimed stock

After you have selected the best place to buy Iradimed stock, it's important to research their stock prior to buying, so you truly understand the risk as well as the upside.

Iradimed stock data

IRMD Price
$55.41
1w %
-9.71%
1y %
23.12%
5y %
113.34%
P/E
37.44x
P/B
8.42x
P/S
9.84x
PEG
6.22x
Revenue
$71.31M
Earnings
$18.63M
Fore. Rev. Growth
13.33%
Fore. Earn. Growth
7.43%
Market Cap
$702.17M
Next Earnings
N/A
Next Dividend
N/A

Iradimed Fundamentals

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on IRMD's stock page.

What is the fair value of IRMD stock?

Analysts use many financial metrics, analyses, models, and charts to gauge IRMD's true value.

Using relative valuations metrics:

  • IRMD could be undervalued based on its P/E ratio of 37.44x, relative to Medical Devices industry P/E ratio of 42.41x
  • IRMD may be overvalued based on its P/B ratio of 8.42x, relative to Medical Devices industry P/B ratio of 4.36x
  • IRMD may be overvalued based on its PEG ratio of 6.22x

You can do additional valuation analysis on IRMD's stock here.

IRMD Financial Summary

Positive Health Checks:

  • IRMD has a low debt to equity ratio of 0.13.
  • There are more short-term assets than long-term liabilities on the IRMD balance sheet.
  • IRMD earnings of $23.61M is not enough to cover its interest payments.
  • Total IRMD debt is lower than 5 years ago, relative to shareholder equity.
  • IRMD profit margin has gone up from 25.9% to 26.1% in the past year.
  • IRMD's operating cash flow of $23.55M allows it to safely service it's debt of $264.08k.
  • There are more short-term assets than short-term liabilities on the IRMD balance sheet.

You can dive deeper into what analysts are saying on the Iradimed stock forecast page.

IRMD Trading Indicators

SMA10
60.14
SMA20
60.01
SMA50
56.98
SMA100
54.23
SMA200
49.39
MACD
0.66
MACD Signal
1.17
MACD Histogram
-0.52
RSI
38.01
Stochastic %K
50.09
Stochastic %D
49.9
StochRSI %K
10.14
StochRSI %D
11.18

IRMD Growth Numbers

Last year, IRMD earnings were $18.63M. In the last five year, IRMD's earnings have increased by 14.87% per year. This was slower than the Medical Devices industry average of 15.64%.

Last year, IRMD revenue was $71.31M. In the past 5 year, IRMD's revenue has increased by 14.67% per year. This was faster than the Medical Devices industry average of 9.97%.

Find out more about IRMD's earnings and revenue performance here.

Latest Insiders Trades at IRMD

In the last year, executives and large shareholders at IRMD have sold more shares than they have bought.

John Glenn, CHIEF FINANCIAL OFFICER of IRMD, was the latest IRMD insider to sell. They sold $135,450.00 worth of IRMD stock on Dec 2, 2024.

Get more info about who owns IRMD stock here.

Does IRMD provide a stable income stream?

Iradimed pays a dividend of 0.81%, compared to the Medical Devices industry's average dividend yield of 1.21%. If you owned $1,000 worth of IRMD stock, you would have been paid $8.12 in the past year.

Get more info about Iradimed dividend yield and history here.

Get analysis from other investors

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your IRMD buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open button and your broker will place the order.

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Step 6: Watch your IRMD investment

Now that you own some IRMD stock, you'll want to keep up with your investment.

Start a watchlist to get notified of the latest news about your IRMD stock.

IRMD Feed

How to Buy Stock in Iradimed

To summarize, here are the 6 steps you need to take to buy Iradimed stock right now:

  1. Choose where to buy Iradimed stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Iradimed stock
  5. Make your IRMD buy order
  6. Watch your IRMD investment

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Iradimed, create a watchlist today.

NASDAQ: IRMD
$55.41-5.08 (-8.39%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: IRMD
$55.41-5.08 (-8.39%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Iradimed share?

As of Feb 13, 2025, it costs $55.41 to buy one share of Iradimed stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.18 shares of IRMD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Iradimed stock?

One way to place an order for Iradimed stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.