Iradimed Stock Target Price and Analyst Consensus

IRMD Stock  USD 95.82  1.28  1.35%   
The current analyst and expert consensus on Iradimed is Strong Buy, with only one strong buy opinion. The current projected Iradimed target price consensus is 99.00 with 2 analyst opinions. Check out Macroaxis Advice on Iradimed to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Iradimed analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Iradimed executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Iradimed. We encourage you to use your own analysis of Iradimed to validate this analysis. Iradimed buy-or-sell recommendation module provides average expert sentiment on the projected Iradimed target price to derive its highest and lowest estimates based on projected price volatility of 1.3769.
Lowest Forecast
90.09
Highest Forecast
109.89
Target Price
99
The current year's Gross Profit is expected to grow to about 68 M, whereas Pretax Profit Margin is forecasted to decline to 0.18. At present, Iradimed's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 68.6 M, whereas Short and Long Term Debt Total is forecasted to decline to about 169 K.
It's important to approach Iradimed's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Iradimed price targets

Iradimed's stock target price is an estimate of its future price, usually made by analysts. Using Iradimed's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Iradimed's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Iradimed's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Iradimed Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Iradimed is a key component of Iradimed valuation and have some predictive power on the future returns of a Iradimed.
Hype
Prediction
LowEstimatedHigh
93.1494.5295.90
Details
Intrinsic
Valuation
LowRealHigh
85.09104.12105.50
Details
Naive
Forecast
LowNextHigh
88.0989.4690.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.470.470.47
Details

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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 Macroaxis Advice on Iradimed to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, the presentation of Iradimed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Iradimed's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Iradimed's management manipulating its earnings.