IRMD official logo IRMD
IRMD 1-star rating from Upturn Advisory
Iradimed Co (IRMD) company logo

Iradimed Co (IRMD)

Iradimed Co (IRMD) 1-star rating from Upturn Advisory
$84.96
Last Close (24-hour delay)
Profit since last BUY22.42%
upturn advisory logo
Consider higher Upturn Star rating
BUY since 66 days
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

11/05/2025: IRMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

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

1 Year Target Price $86.5

1 Year Target Price $86.5

Analysts Price Target For last 52 week
$86.5 Target price
52w Low $47.21
Current$84.96
52w High $87.88

Analysis of Past Performance

Type Stock
Historic Profit 32.17%
Avg. Invested days 48
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.08B USD
Price to earnings Ratio 51.28
1Y Target Price 86.5
Price to earnings Ratio 51.28
1Y Target Price 86.5
Volume (30-day avg) 2
Beta 1.09
52 Weeks Range 47.21 - 87.88
Updated Date 11/7/2025
52 Weeks Range 47.21 - 87.88
Updated Date 11/7/2025
Dividends yield (FY) 0.80%
Basic EPS (TTM) 1.65

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 2025-10-30
When Before Market
Estimate 0.46
Actual 0.47

Profitability

Profit Margin 26.31%
Operating Margin (TTM) 32.23%

Management Effectiveness

Return on Assets (TTM) 14.87%
Return on Equity (TTM) 23.31%

Valuation

Trailing PE 51.28
Forward PE 35.59
Enterprise Value 851141961
Price to Sales(TTM) 13.37
Enterprise Value 851141961
Price to Sales(TTM) 13.37
Enterprise Value to Revenue 10.96
Enterprise Value to EBITDA 34.6
Shares Outstanding 12721156
Shares Floating 7205390
Shares Outstanding 12721156
Shares Floating 7205390
Percent Insiders 36.82
Percent Institutions 57.62

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Iradimed Co

Iradimed Co(IRMD) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Iradimed Co. was founded in 1992. It focuses on developing innovative magnetic resonance imaging (MRI) compatible products. It initially specialized in medical device design and manufacturing before concentrating on MRI-compatible solutions.

Company business area logo Core Business Areas

  • MRI Compatible IV Infusion Pump Systems: Iradimed designs, manufactures, and distributes MRI-compatible IV infusion pump systems, including the MRidium MRI IV Infusion Pump system, which is designed for use in MRI environments.
  • MRI Compatible Patient Monitoring Systems: The company also offers MRI-compatible patient vital signs monitoring systems, such as the 3880 MRI Patient Vital Signs Monitoring System, which monitors various physiological parameters during MRI procedures.

leadership logo Leadership and Structure

John P. Sperzel III is the Chairman, President, and Chief Executive Officer. The company maintains a relatively lean organizational structure focused on engineering, manufacturing, and sales/marketing of its specialized product lines.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • MRidium MRI IV Infusion Pump System: The MRidium MRI IV Infusion Pump System is a key product designed for precise fluid delivery in MRI environments. While exact market share data is difficult to obtain, Iradimed is considered a leading player in this niche market. Competitors include smaller specialized firms.
  • 3880 MRI Patient Vital Signs Monitoring System: The 3880 MRI Patient Vital Signs Monitoring System provides real-time monitoring of vital signs during MRI procedures. As above, exact market share data is not readily available, but Iradimed holds a significant position in this market segment. Competitors include Siemens Healthineers (SIEGY) and Philips (PHG) in terms of overall patient monitoring.

Market Dynamics

industry overview logo Industry Overview

The MRI-compatible device market is a niche within the broader medical device industry, driven by the increasing use of MRI technology in diagnostics and treatment. It's characterized by high regulatory hurdles and specialized engineering requirements.

Positioning

Iradimed is positioned as a leader in MRI-compatible infusion and monitoring systems, focusing on safety and reliability in MRI environments. Their competitive advantage lies in their deep expertise and specialized product portfolio.

Total Addressable Market (TAM)

The TAM for MRI-compatible devices is estimated to be in the hundreds of millions of dollars annually. Iradimed is well-positioned to capture a significant portion of this TAM due to its focused product line and strong reputation.

Upturn SWOT Analysis

Strengths

  • Specialized expertise in MRI-compatible devices
  • Strong brand reputation in a niche market
  • Proprietary technology and patents
  • FDA approval and regulatory compliance

Weaknesses

  • Limited product diversification
  • Reliance on a single market segment (MRI)
  • Smaller scale compared to larger medical device companies
  • High customer concentration

Opportunities

  • Expanding product line within the MRI environment
  • Geographic expansion into international markets
  • Developing new MRI-compatible technologies
  • Partnerships with MRI equipment manufacturers

Threats

  • Competition from larger medical device companies
  • Technological obsolescence
  • Changes in MRI technology and adoption rates
  • Regulatory changes affecting MRI devices

Competitors and Market Share

Key competitor logo Key Competitors

  • PHG
  • SIEGY
  • MDSO

Competitive Landscape

Iradimed possesses specialized advantages in MRI compatibility, but it is significantly smaller than competitors like Philips and Siemens, which have broader product portfolios and greater resources.

Growth Trajectory and Initiatives

Historical Growth: Historical growth would be assessed based on past revenue and earnings data.

Future Projections: Analyst estimates for future revenue and earnings growth would be included.

Recent Initiatives: Recent initiatives include product innovation and expansion into new markets.

Summary

Iradimed is a strong niche player in the MRI-compatible device market, with a leading position in infusion and monitoring systems. Its specialized expertise and strong brand reputation provide competitive advantages. However, its limited product diversification and smaller scale compared to larger competitors pose potential risks. Continued innovation and market expansion are crucial for future growth.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings, Market research reports, Analyst estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is estimated based on available information and may not be precise.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.