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Iradimed Co (IRMD)

Upturn stock ratingUpturn stock rating
$71.27
Last Close (24-hour delay)
Profit since last BUY2.69%
upturn advisory
Consider higher Upturn Star rating
BUY since 28 days
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Upturn Advisory Summary

09/12/2025: IRMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $73.5

1 Year Target Price $73.5

Analysts Price Target For last 52 week
$73.5 Target price
52w Low $46.33
Current$71.27
52w High $74.43

Analysis of Past Performance

Type Stock
Historic Profit 10.87%
Avg. Invested days 43
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 906.55M USD
Price to earnings Ratio 44.27
1Y Target Price 73.5
Price to earnings Ratio 44.27
1Y Target Price 73.5
Volume (30-day avg) 2
Beta 1.03
52 Weeks Range 46.33 - 74.43
Updated Date 09/14/2025
52 Weeks Range 46.33 - 74.43
Updated Date 09/14/2025
Dividends yield (FY) 0.89%
Basic EPS (TTM) 1.61

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 26.61%
Operating Margin (TTM) 33.26%

Management Effectiveness

Return on Assets (TTM) 15.15%
Return on Equity (TTM) 23.75%

Valuation

Trailing PE 44.27
Forward PE 35.59
Enterprise Value 853558761
Price to Sales(TTM) 11.68
Enterprise Value 853558761
Price to Sales(TTM) 11.68
Enterprise Value to Revenue 10.99
Enterprise Value to EBITDA 34.69
Shares Outstanding 12720000
Shares Floating 7171537
Shares Outstanding 12720000
Shares Floating 7171537
Percent Insiders 36.81
Percent Institutions 59.44

ai summary icon Upturn AI SWOT

Iradimed Co

stock logo

Company Overview

overview logo History and Background

IRADIMED CORPORATION was founded in 1980. It designs, manufactures, and markets Magnetic Resonance Imaging (MRI) compatible products, including IV infusion pump systems, patient vital signs monitoring systems, and other accessories.

business area logo Core Business Areas

  • MRI-Compatible IV Infusion Pump Systems: IRADIMEDu2019s flagship product. It provides safe and precise delivery of fluids and medications to patients during MRI procedures.
  • MRI-Compatible Patient Vital Signs Monitoring Systems: These systems continuously monitor patients' vital signs, such as heart rate, blood pressure, and oxygen saturation, in the MRI environment.

leadership logo Leadership and Structure

Irad Hardy is the Founder, Chairman, President, and Chief Executive Officer. The company operates with a functional organizational structure focused on engineering, manufacturing, sales, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • MRidium MRI IV Infusion Pump System: A non-magnetic IV infusion pump system designed for use within the MRI environment. No exact market share data available, but it is considered a leading product in its niche. Competitors are smaller companies offering similar specialized devices, often with less established market presence and potentially larger medical device companies also developing competing products.
  • IRADIMED 3880 MRI Patient Monitoring System: Monitors vital signs of patients in the MRI environment. No exact market share data available, but is a major player in the MRI compatible vital signs monitoring system. Main competitors are Philips and GE Healthcare.

Market Dynamics

industry overview logo Industry Overview

The MRI-compatible medical device market is a specialized niche within the broader medical device industry. It's driven by the need for safe and effective patient care during MRI procedures, which are increasingly common.

Positioning

Iradimed is a leader in the MRI-compatible medical device niche, with a reputation for quality and innovation. It has a strong first-mover advantage and a dedicated focus on MRI compatibility.

Total Addressable Market (TAM)

The TAM for MRI-compatible devices is estimated to be in the hundreds of millions of dollars. Iradimed is well-positioned to capture a significant portion of this TAM due to its established presence and specialized product offerings.

Upturn SWOT Analysis

Strengths

  • First-mover advantage in MRI-compatible devices
  • Strong brand reputation
  • Specialized product portfolio
  • Proprietary technology

Weaknesses

  • High concentration of revenue from a few key products
  • Reliance on a niche market
  • Relatively small size compared to major medical device companies

Opportunities

  • Expansion into new MRI-compatible product lines
  • Growth in emerging markets
  • Partnerships with MRI manufacturers
  • Increased adoption of MRI procedures

Threats

  • Competition from larger medical device companies
  • Technological advancements that could render existing products obsolete
  • Changes in regulatory requirements
  • Economic downturns affecting hospital budgets

Competitors and Market Share

competitor logo Key Competitors

  • GE (GE)
  • Philips (PHG)
  • Siemens (SIE.DE)

Competitive Landscape

Iradimed enjoys a competitive advantage in the MRI-compatible niche due to its early entry and specialized expertise. However, larger medical device companies such as GE, Philips, and Siemens possess significantly greater resources and broader product portfolios.

Growth Trajectory and Initiatives

Historical Growth: Discuss Iradimed Co's growth trends over the past years.

Future Projections: Provide projections for Iradimed Co's future growth based on analyst estimates.

Recent Initiatives: Highlight recent strategic initiatives undertaken by Iradimed Co.

Summary

Iradimed is a leader in the specialized MRI-compatible medical device market, demonstrating a strong focus on niche products with a first mover advantage. The company's reliance on a limited number of products and a relatively small market presence pose some risk. Strategic initiatives and continued innovation are crucial for sustained growth. Competitors with deeper pockets and broad product portfolios could also present future hurdles.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Market Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered as financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market data and analyst estimates are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Iradimed Co

Exchange NASDAQ
Headquaters Winter Springs, FL, United States
IPO Launch date 2014-07-16
Founder, Chairman, CEO & President Mr. Roger E. Susi
Sector Healthcare
Industry Medical Devices
Full time employees 160
Full time employees 160

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally. The company offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; MRI compatible patient vital signs monitoring system; and 3600 FMD1 with remote alarm logging unit ferromagnetic detection device. It 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. The company serves hospitals, acute care facilities, and outpatient imaging centers. It sells its products through direct field sales representatives, regional sales directors, clinical application specialists, and independent distributors. The company was incorporated in 1992 and is headquartered in Winter Springs, Florida.