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NASDAQ: IRMD
Iradimed Corp Stock

$42.00-0.20 (-0.47%)
Updated Mar 4, 2024
IRMD Price
$42.00
Fair Value Price
$45.60
Market Cap
$531.84M
52 Week Low
$36.12
52 Week High
$51.04
P/E
30.88x
P/B
7.45x
P/S
9.13x
PEG
2.33x
Dividend Yield
1.5%
Revenue
$65.56M
Earnings
$17.19M
Gross Margin
76.5%
Operating Margin
33.16%
Profit Margin
26.2%
Debt to Equity
0.29
Operating Cash Flow
$13M
Beta
0.82
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

IRMD Overview

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. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Zen Score

Industry Average (26)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how IRMD scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

IRMD ($42.00) is undervalued by 7.9% relative to our estimate of its Fair Value price of $45.60 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
IRMD ($42.00) is not significantly undervalued (7.9%) relative to our estimate of its Fair Value price of $45.60 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
IRMD ($42.00) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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IRMD News

Valuation

IRMD fair value

Fair Value of IRMD stock based on Discounted Cash Flow (DCF)
Price
$42.00
Fair Value
$45.60
Undervalued by
7.90%
IRMD ($42.00) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IRMD ($42.00) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
IRMD ($42.00) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IRMD price to earnings (PE)

For valuing profitable companies with steady earnings
Company
30.88x
Industry
29.85x
Market
36.03x
IRMD is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IRMD is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

IRMD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
7.45x
Industry
4.05x
IRMD is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IRMD price to earnings growth (PEG)

For valuing profitable companies with growth potential
IRMD is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

IRMD's financial health

Profit margin

Revenue
$17.5M
Net Income
$4.5M
Profit Margin
26%
IRMD's Earnings (EBIT) of $21.74M... subscribe to Premium to read more.
Interest Coverage Financials
IRMD's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$92.2M
Liabilities
$20.7M
Debt to equity
0.29
IRMD's short-term assets ($76.00M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IRMD's short-term assets ($76.00M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IRMD's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
IRMD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$3.9M
Investing
-$632.8k
Financing
-$262.6k
IRMD's operating cash flow ($13.47M)... subscribe to Premium to read more.
Debt Coverage Financials

IRMD vs Medical Device Stocks

TickerMarket Cap1d %P/EP/B
IRMD$531.84M-0.47%30.88x7.45x
NVRO$528.13M+2.04%-5.67x1.80x
MXCT$483.70M-0.85%-12.62x2.07x
OFIX$480.41M+0.54%-3.35x0.78x
ZIMV$464.49M+1.30%-1.15x1.13x

Iradimed Stock FAQ

What is Iradimed's quote symbol?

(NASDAQ: IRMD) Iradimed trades on the NASDAQ under the ticker symbol IRMD. Iradimed stock quotes can also be displayed as NASDAQ: IRMD.

If you're new to stock investing, here's how to buy Iradimed stock.

What is the 52 week high and low for Iradimed (NASDAQ: IRMD)?

(NASDAQ: IRMD) Iradimed's 52-week high was $51.04, and its 52-week low was $36.12. It is currently -17.71% from its 52-week high and 16.28% from its 52-week low.

How much is Iradimed stock worth today?

(NASDAQ: IRMD) Iradimed currently has 12,662,809 outstanding shares. With Iradimed stock trading at $42.00 per share, the total value of Iradimed stock (market capitalization) is $531.84M.

Iradimed stock was originally listed at a price of $9.90 in Jul 16, 2014. If you had invested in Iradimed stock at $9.90, your return over the last 9 years would have been 324.24%, for an annualized return of 17.42% (not including any dividends or dividend reinvestments).

How much is Iradimed's stock price per share?

(NASDAQ: IRMD) Iradimed stock price per share is $42.00 today (as of Mar 4, 2024).

What is Iradimed's Market Cap?

(NASDAQ: IRMD) Iradimed's market cap is $531.84M, as of Mar 5, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Iradimed's market cap is calculated by multiplying IRMD's current stock price of $42.00 by IRMD's total outstanding shares of 12,662,809.
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