Is Iradimed Stock a Good Investment?
Iradimed Investment Advice | IRMD |
- Examine Iradimed's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Iradimed's leadership team and their track record. Good management can help Iradimed navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Iradimed's business and its evolving consumer preferences.
- Compare Iradimed's performance and market position to its competitors. Analyze how Iradimed is positioned in terms of product offerings, innovation, and market share.
- Check if Iradimed pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Iradimed's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Iradimed Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Iradimed Co is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Iradimed Stock
Researching Iradimed's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 37.0% of the company shares are held by company insiders. The company last dividend was issued on the 15th of November 2024.
To determine if Iradimed is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Iradimed's research are outlined below:
| About 57.0% of the company shares are owned by institutional investors | |
| On 25th of November 2024 Iradimed paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Is There An Opportunity With IRADIMED CORPORATIONs 47 percent Undervaluation |
Iradimed Quarterly Accounts Payable |
|
Iradimed uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Iradimed Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Iradimed's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Iradimed's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Iradimed's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-10-30 | 2020-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2019-04-30 | 2019-03-31 | 0.15 | 0.13 | -0.02 | 13 | ||
2015-04-30 | 2015-03-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2021-04-30 | 2021-03-31 | 0.1 | 0.13 | 0.03 | 30 | ||
2020-04-30 | 2020-03-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2019-02-06 | 2018-12-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2017-04-28 | 2017-03-31 | 0.01 | -0.02 | -0.03 | 300 | ||
2016-10-28 | 2016-09-30 | 0.11 | 0.14 | 0.03 | 27 |
Know Iradimed's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Iradimed is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Iradimed Co backward and forwards among themselves. Iradimed's institutional investor refers to the entity that pools money to purchase Iradimed's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Acadian Asset Management Llc | 2024-06-30 | 160.4 K | Northern Trust Corp | 2024-09-30 | 133.3 K | Hightower Advisors, Llc | 2024-06-30 | 103 K | Soleus Capital Management, L.p. | 2024-06-30 | 102.1 K | Millennium Management Llc | 2024-06-30 | 83.1 K | Goldman Sachs Group Inc | 2024-06-30 | 79 K | Rice Hall James & Associates, Llc | 2024-09-30 | 71.6 K | Teacher Retirement System Of Texas | 2024-09-30 | 70.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 66.6 K | Nine Ten Capital Management Llc | 2024-09-30 | 905.9 K | Blackrock Inc | 2024-06-30 | 818.3 K |
Iradimed's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 668.52 M.Market Cap |
|
Iradimed's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.19 | 0.17 | |
| Return On Capital Employed | 0.26 | 0.24 | |
| Return On Assets | 0.19 | 0.15 | |
| Return On Equity | 0.24 | 0.20 |
Determining Iradimed's profitability involves analyzing its financial statements and using various financial metrics to determine if Iradimed is a good buy. For example, gross profit margin measures Iradimed's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Iradimed's profitability and make more informed investment decisions.
Iradimed's Earnings Breakdown by Geography
Please note, the presentation of Iradimed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Iradimed's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Iradimed's management manipulating its earnings.
Evaluate Iradimed's management efficiency
Iradimed has return on total asset (ROA) of 0.1467 % which means that it generated a profit of $0.1467 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2358 %, meaning that it created $0.2358 on every $100 dollars invested by stockholders. Iradimed's management efficiency ratios could be used to measure how well Iradimed manages its routine affairs as well as how well it operates its assets and liabilities. As of November 28, 2024, Return On Tangible Assets is expected to decline to 0.17. In addition to that, Return On Capital Employed is expected to decline to 0.24. At present, Iradimed's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 2.6 M, whereas Other Assets are forecasted to decline to 0.95.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.67 | 2.86 | |
| Tangible Book Value Per Share | 5.47 | 2.80 | |
| Enterprise Value Over EBITDA | 26.47 | 51.09 | |
| Price Book Value Ratio | 8.38 | 10.29 | |
| Enterprise Value Multiple | 26.47 | 51.09 | |
| Price Fair Value | 8.38 | 10.29 | |
| Enterprise Value | 550.5 M | 578.1 M |
Iradimed has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.0114 | Forward Dividend Yield 0.0114 | Forward Dividend Rate 0.6 | Beta 0.799 |
Basic technical analysis of Iradimed Stock
As of the 28th of November, Iradimed retains the Risk Adjusted Performance of 0.079, market risk adjusted performance of 0.1302, and Downside Deviation of 1.95. Iradimed technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Iradimed jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Iradimed is priced fairly, providing market reflects its last-minute price of 53.58 per share. Given that Iradimed Co has jensen alpha of (0.0004), we strongly advise you to confirm Iradimed's regular market performance to make sure the company can sustain itself at a future point.Iradimed's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Iradimed insiders, such as employees or executives, is commonly permitted as long as it does not rely on Iradimed's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Iradimed insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Iradimed's Outstanding Corporate Bonds
Iradimed issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Iradimed uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Iradimed bonds can be classified according to their maturity, which is the date when Iradimed Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US462613AP51 Corp BondUS462613AP51 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| IQVIA Holdings 5 Corp BondUS46266TAA60 | View |
Understand Iradimed's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Iradimed's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.079 | |||
| Market Risk Adjusted Performance | 0.1302 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.95 | |||
| Coefficient Of Variation | 1053.33 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Information Ratio | 0.0344 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | 0.1202 | |||
| Maximum Drawdown | 11.03 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.26 | |||
| Downside Variance | 3.82 | |||
| Semi Variance | 2.99 | |||
| Expected Short fall | (1.80) | |||
| Skewness | 0.2721 | |||
| Kurtosis | 2.57 |
| Risk Adjusted Performance | 0.079 | |||
| Market Risk Adjusted Performance | 0.1302 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.95 | |||
| Coefficient Of Variation | 1053.33 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Information Ratio | 0.0344 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | 0.1202 | |||
| Maximum Drawdown | 11.03 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.26 | |||
| Downside Variance | 3.82 | |||
| Semi Variance | 2.99 | |||
| Expected Short fall | (1.80) | |||
| Skewness | 0.2721 | |||
| Kurtosis | 2.57 |
Consider Iradimed's intraday indicators
Iradimed intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Iradimed stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Iradimed Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 6th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Iradimed Stock media impact
Far too much social signal, news, headlines, and media speculation about Iradimed that are available to investors today. That information is available publicly through Iradimed media outlets and privately through word of mouth or via Iradimed internal channels. However, regardless of the origin, that massive amount of Iradimed data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Iradimed news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Iradimed relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Iradimed's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Iradimed alpha.
Iradimed Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Iradimed can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Iradimed Corporate Management
| Randy Waddell | Vice Marketing | Profile | |
| Lynn Neuhardt | Vice Development | Profile | |
| Chris Williamson | Executive Technology | Profile | |
| Matt Garner | Controller | Profile | |
| Steve Kachelmeyer | Vice Assurance | Profile | |
| John Glenn | Chief Officer | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iradimed. If investors know Iradimed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iradimed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0) | Dividend Share 0.45 | Earnings Share 1.46 | Revenue Per Share 5.635 | Quarterly Revenue Growth 0.11 |
The market value of Iradimed is measured differently than its book value, which is the value of Iradimed that is recorded on the company's balance sheet. Investors also form their own opinion of Iradimed's value that differs from its market value or its book value, called intrinsic value, which is Iradimed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iradimed's market value can be influenced by many factors that don't directly affect Iradimed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Iradimed's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Iradimed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iradimed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.