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Iradimed (IRMD) Competitors

Iradimed logo
$48.30
-0.97 (-1.97%)
(As of 11/1/2024 ET)

IRMD vs. UTMD, PLSE, TELA, ICAD, APYX, ENOV, IRTC, SLNO, CNMD, and TNDM

Should you be buying Iradimed stock or one of its competitors? The main competitors of Iradimed include Utah Medical Products (UTMD), Pulse Biosciences (PLSE), TELA Bio (TELA), iCAD (ICAD), Apyx Medical (APYX), Enovis (ENOV), iRhythm Technologies (IRTC), Soleno Therapeutics (SLNO), CONMED (CNMD), and Tandem Diabetes Care (TNDM).

Iradimed vs.

Iradimed (NASDAQ:IRMD) and Utah Medical Products (NASDAQ:UTMD) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, community ranking, media sentiment, valuation, earnings, dividends, risk, analyst recommendations and institutional ownership.

92.3% of Iradimed shares are owned by institutional investors. Comparatively, 69.6% of Utah Medical Products shares are owned by institutional investors. 37.1% of Iradimed shares are owned by insiders. Comparatively, 6.6% of Utah Medical Products shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Iradimed received 99 more outperform votes than Utah Medical Products when rated by MarketBeat users. Likewise, 64.78% of users gave Iradimed an outperform vote while only 61.45% of users gave Utah Medical Products an outperform vote.

CompanyUnderperformOutperform
IradimedOutperform Votes
252
64.78%
Underperform Votes
137
35.22%
Utah Medical ProductsOutperform Votes
153
61.45%
Underperform Votes
96
38.55%

Iradimed presently has a consensus price target of $60.00, indicating a potential upside of 24.22%. Given Iradimed's higher possible upside, research analysts clearly believe Iradimed is more favorable than Utah Medical Products.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iradimed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Utah Medical Products
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Iradimed had 9 more articles in the media than Utah Medical Products. MarketBeat recorded 12 mentions for Iradimed and 3 mentions for Utah Medical Products. Utah Medical Products' average media sentiment score of 0.96 beat Iradimed's score of 0.54 indicating that Utah Medical Products is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Iradimed
1 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Utah Medical Products
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Iradimed has a beta of 0.79, meaning that its share price is 21% less volatile than the S&P 500. Comparatively, Utah Medical Products has a beta of 0.08, meaning that its share price is 92% less volatile than the S&P 500.

Iradimed pays an annual dividend of $0.60 per share and has a dividend yield of 1.2%. Utah Medical Products pays an annual dividend of $1.20 per share and has a dividend yield of 1.9%. Iradimed pays out 41.1% of its earnings in the form of a dividend. Utah Medical Products pays out 28.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Utah Medical Products is clearly the better dividend stock, given its higher yield and lower payout ratio.

Utah Medical Products has a net margin of 34.62% compared to Iradimed's net margin of 26.83%. Iradimed's return on equity of 24.71% beat Utah Medical Products' return on equity.

Company Net Margins Return on Equity Return on Assets
Iradimed26.83% 24.71% 20.86%
Utah Medical Products 34.62%12.04%11.42%

Iradimed has higher revenue and earnings than Utah Medical Products. Utah Medical Products is trading at a lower price-to-earnings ratio than Iradimed, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Iradimed$69.48M8.81$17.19M$1.4633.08
Utah Medical Products$50.22M4.44$16.64M$4.2715.01

Summary

Iradimed beats Utah Medical Products on 14 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRMD vs. The Competition

MetricIradimedSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$611.96M$4.41B$5.54B$8.53B
Dividend Yield1.13%42.37%5.13%4.14%
P/E Ratio33.0838.74114.8115.14
Price / Sales8.8165.081,495.55100.10
Price / Cash37.1749.0939.6734.08
Price / Book8.534.264.665.02
Net Income$17.19M$11.52M$119.06M$225.46M
7 Day Performance-4.15%1.06%0.80%0.37%
1 Month Performance-2.56%0.92%5.65%3.57%
1 Year Performance17.80%39.37%36.75%29.43%

Iradimed Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRMD
Iradimed
4.8625 of 5 stars
$48.30
-2.0%
$60.00
+24.2%
+17.6%$611.96M$69.48M33.08110Dividend Announcement
News Coverage
UTMD
Utah Medical Products
3.9597 of 5 stars
$63.38
-1.0%
N/A-19.1%$220.56M$50.22M14.84180Analyst Upgrade
News Coverage
PLSE
Pulse Biosciences
1.2205 of 5 stars
$17.36
-0.4%
N/A+232.4%$1.06B$700,000.000.00140Earnings Report
News Coverage
TELA
TELA Bio
3.285 of 5 stars
$2.75
-2.1%
$10.00
+263.6%
-49.7%$67.95M$58.45M-1.60120Upcoming Earnings
ICAD
iCAD
0.464 of 5 stars
$1.89
+1.6%
N/A+37.9%$50.16M$17.32M-17.1867Short Interest ↑
APYX
Apyx Medical
4.5083 of 5 stars
$1.21
+3.4%
$5.00
+313.2%
-49.1%$41.91M$52.35M-1.48270Upcoming Earnings
ENOV
Enovis
2.955 of 5 stars
$41.62
+0.8%
$67.00
+61.0%
-5.8%$2.32B$1.71B-25.076,550Upcoming Earnings
IRTC
iRhythm Technologies
3.0804 of 5 stars
$73.11
+0.9%
$111.60
+52.6%
-4.9%$2.28B$492.68M-15.042,000Earnings Report
Analyst Forecast
News Coverage
SLNO
Soleno Therapeutics
4.3012 of 5 stars
$55.06
-1.2%
$69.86
+26.9%
+132.7%$2.14BN/A-22.5730Upcoming Earnings
CNMD
CONMED
4.8114 of 5 stars
$68.24
+4.6%
$79.80
+16.9%
-28.7%$2.10B$1.24B16.214,000Earnings Report
Analyst Forecast
News Coverage
High Trading Volume
TNDM
Tandem Diabetes Care
4.5355 of 5 stars
$31.70
+1.1%
$55.13
+73.9%
+79.8%$2.08B$747.72M-15.172,400Upcoming Earnings
Positive News

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This page (NASDAQ:IRMD) was last updated on 11/2/2024 by MarketBeat.com Staff
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