Iradimed Co Stock Today

IRMD Stock  USD 53.93  0.35  0.65%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Iradimed is trading at 53.93 as of the 30th of November 2024, a 0.65% increase since the beginning of the trading day. The stock's lowest day price was 53.52. Iradimed has under 5 % chance of experiencing financial distress over the next 2 years and had a ok performance during the last 90 days. Equity ratings for Iradimed Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
16th of July 2014
Category
Healthcare
Classification
Health Care
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging compatible medical devices, and related accessories and services in the United States and internationally. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida. The company has 12.67 M outstanding shares of which 85.85 K shares are currently shorted by private and institutional investors with about 2.49 trading days to cover. More on Iradimed Co

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Iradimed Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORoger Susi
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.150.1866
Significantly Down
Slightly volatile
Asset Turnover0.870.7114
Fairly Up
Slightly volatile
Gross Profit Margin0.620.765
Significantly Down
Pretty Stable
Total Current Liabilities17.1 M16.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.5 M4.4 M
Way Down
Slightly volatile
Total Assets54.5 M92.2 M
Way Down
Slightly volatile
Total Current Assets49 M76 M
Way Down
Slightly volatile
Total Cash From Operating Activities7.7 M13.5 M
Way Down
Slightly volatile
Debt Levels
Iradimed can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Iradimed's financial leverage. It provides some insight into what part of Iradimed's total assets is financed by creditors.
Liquidity
Iradimed Co currently holds 2.04 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Iradimed has a current ratio of 12.57, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Iradimed's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(7.79 Million)
Iradimed Co (IRMD) is traded on NASDAQ Exchange in USA. It is located in 1025 Willa Springs Drive, Winter Springs, FL, United States, 32708 and employs 148 people. Iradimed is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 683.48 M. Iradimed conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 12.67 M outstanding shares of which 85.85 K shares are currently shorted by private and institutional investors with about 2.49 trading days to cover. Iradimed Co currently holds about 55.59 M in cash with 13.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.42.
Check Iradimed Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Iradimed is $683.48 Million. Over half of Iradimed's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Iradimed Ownership Details

Iradimed Stock Institutional Holders

InstituionRecorded OnShares
Acadian Asset Management Llc2024-06-30
160.4 K
Northern Trust Corp2024-09-30
133.3 K
Hightower Advisors, Llc2024-06-30
103 K
Soleus Capital Management, L.p.2024-06-30
102.1 K
Millennium Management Llc2024-06-30
83.1 K
Goldman Sachs Group Inc2024-06-30
79 K
Rice Hall James & Associates, Llc2024-09-30
71.6 K
Teacher Retirement System Of Texas2024-09-30
70.1 K
Charles Schwab Investment Management Inc2024-09-30
66.6 K
Nine Ten Capital Management Llc2024-09-30
905.9 K
Blackrock Inc2024-06-30
818.3 K
View Iradimed Diagnostics

Iradimed Historical Income Statement

At present, Iradimed's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 21 M, whereas Selling General Administrative is forecasted to decline to about 9.3 M. View More Fundamentals

Iradimed Stock Against Markets

Iradimed Corporate Management

Randy WaddellVice MarketingProfile
Lynn NeuhardtVice DevelopmentProfile
Chris WilliamsonExecutive TechnologyProfile
Matt GarnerControllerProfile
Steve KachelmeyerVice AssuranceProfile
John GlennChief OfficerProfile
When determining whether Iradimed is a strong investment it is important to analyze Iradimed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iradimed's future performance. For an informed investment choice regarding Iradimed Stock, refer to the following important reports:
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.
Please note, there is a significant difference between Iradimed's value and its price as these two are different measures arrived at by different 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.