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Iradimed (IRMD) Competitors

Iradimed logo
$53.11 -0.73 (-1.36%)
(As of 12:45 PM ET)

IRMD vs. IRTC, CNMD, WRBY, SLNO, TNDM, RXST, INMD, MDXG, ESTA, and PLSE

Should you be buying Iradimed stock or one of its competitors? The main competitors of Iradimed include iRhythm Technologies (IRTC), CONMED (CNMD), Warby Parker (WRBY), Soleno Therapeutics (SLNO), Tandem Diabetes Care (TNDM), RxSight (RXST), InMode (INMD), MiMedx Group (MDXG), Establishment Labs (ESTA), and Pulse Biosciences (PLSE). These companies are all part of the "medical equipment" industry.

Iradimed vs.

Iradimed (NASDAQ:IRMD) and iRhythm Technologies (NASDAQ:IRTC) are both medical companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, valuation, risk, institutional ownership, analyst recommendations, media sentiment, community ranking, earnings and profitability.

iRhythm Technologies received 151 more outperform votes than Iradimed when rated by MarketBeat users. Likewise, 66.17% of users gave iRhythm Technologies an outperform vote while only 64.78% of users gave Iradimed an outperform vote.

CompanyUnderperformOutperform
IradimedOutperform Votes
252
64.78%
Underperform Votes
137
35.22%
iRhythm TechnologiesOutperform Votes
403
66.17%
Underperform Votes
206
33.83%

In the previous week, iRhythm Technologies had 5 more articles in the media than Iradimed. MarketBeat recorded 11 mentions for iRhythm Technologies and 6 mentions for Iradimed. iRhythm Technologies' average media sentiment score of 1.58 beat Iradimed's score of 0.56 indicating that iRhythm Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Iradimed
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
iRhythm Technologies
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Iradimed has higher earnings, but lower revenue than iRhythm Technologies. iRhythm Technologies 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$65.56M10.40$17.19M$1.4636.87
iRhythm Technologies$492.68M5.58-$123.41M-$4.86-18.09

Iradimed presently has a consensus price target of $60.00, indicating a potential upside of 11.45%. iRhythm Technologies has a consensus price target of $108.50, indicating a potential upside of 23.44%. Given iRhythm Technologies' higher probable upside, analysts plainly believe iRhythm Technologies is more favorable than Iradimed.

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
iRhythm Technologies
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90

92.3% of Iradimed shares are owned by institutional investors. 37.1% of Iradimed shares are owned by company insiders. Comparatively, 0.7% of iRhythm Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Iradimed has a beta of 0.79, indicating that its stock price is 21% less volatile than the S&P 500. Comparatively, iRhythm Technologies has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500.

Iradimed has a net margin of 26.12% compared to iRhythm Technologies' net margin of -26.90%. Iradimed's return on equity of 23.99% beat iRhythm Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Iradimed26.12% 23.99% 20.45%
iRhythm Technologies -26.90%-120.86%-17.96%

Summary

Iradimed beats iRhythm Technologies on 10 of the 18 factors compared between the two stocks.

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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$682.09M$4.45B$5.36B$8.94B
Dividend Yield1.11%43.03%5.33%4.05%
P/E Ratio36.8725.91117.6718.00
Price / Sales10.4052.031,424.20155.72
Price / Cash37.8755.4242.8038.60
Price / Book8.186.307.356.66
Net Income$17.19M$13.60M$118.46M$224.93M
7 Day Performance2.06%2.64%3.40%2.50%
1 Month Performance11.46%7.38%2.49%10.24%
1 Year Performance26.88%46.32%36.17%30.14%

Iradimed Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRMD
Iradimed
4.7939 of 5 stars
$53.11
-1.4%
$60.00
+13.0%
+26.9%$672.90M$65.56M36.38110Insider Trade
Short Interest ↑
IRTC
iRhythm Technologies
3.7099 of 5 stars
$85.82
-1.3%
$108.50
+26.4%
-1.5%$2.69B$492.68M-17.892,000Analyst Forecast
Short Interest ↓
Positive News
Gap Down
CNMD
CONMED
4.1784 of 5 stars
$75.47
+1.9%
$79.80
+5.7%
-30.7%$2.33B$1.29B17.714,000Positive News
WRBY
Warby Parker
2.704 of 5 stars
$22.11
-1.9%
$18.82
-14.9%
+99.3%$2.25B$669.77M-83.483,491Positive News
SLNO
Soleno Therapeutics
4.8467 of 5 stars
$50.94
-3.4%
$74.83
+46.9%
+67.6%$2.20BN/A-15.8830Analyst Forecast
News Coverage
TNDM
Tandem Diabetes Care
4.7574 of 5 stars
$32.29
+5.4%
$54.25
+68.0%
+53.4%$2.12B$747.72M-17.252,400Analyst Upgrade
Positive News
RXST
RxSight
2.7729 of 5 stars
$45.85
-2.2%
$61.63
+34.4%
+55.6%$1.85B$128.29M-55.28220
INMD
InMode
2.3534 of 5 stars
$19.54
+0.1%
$22.60
+15.7%
-20.8%$1.64B$492.05M10.52480News Coverage
Positive News
MDXG
MiMedx Group
3.659 of 5 stars
$9.34
+1.0%
$12.00
+28.5%
+17.4%$1.37B$342.80M16.82895Positive News
ESTA
Establishment Labs
2.5228 of 5 stars
$47.00
+2.4%
$60.60
+28.9%
+78.8%$1.32B$153.07M-17.79960Positive News
PLSE
Pulse Biosciences
1.736 of 5 stars
$20.81
-2.8%
N/A+127.9%$1.28B$700,000.000.00140Short Interest ↓

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This page (NASDAQ:IRMD) was last updated on 12/3/2024 by MarketBeat.com Staff
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