NASDAQ:RDNT

RadNet (RDNT) Stock Price, News & Analysis

$48.83
+1.18 (+2.48%)
(As of 04/23/2024 ET)
Today's Range
$47.73
$49.19
50-Day Range
$37.53
$49.23
52-Week Range
$25.11
$49.94
Volume
348,977 shs
Average Volume
522,593 shs
Market Capitalization
$3.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.67

RadNet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.9% Upside
$53.67 Price Target
Short Interest
Bearish
4.32% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
0.67mentions of RadNet in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
48.57%
From $0.35 to $0.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.17 out of 5 stars

Medical Sector

322nd out of 909 stocks

Medical Laboratories Industry

9th out of 19 stocks

RDNT stock logo

About RadNet Stock (NASDAQ:RDNT)

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company operates in two segments: Imaging Centers and Artificial Intelligence. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems that distribute, display, store, and retrieve digital images; offers picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of breast, lung, and prostate images, as well as AI solutions for prostate cancer screening. RadNet, Inc. was founded in 1981 and is headquartered in Los Angeles, California.

RDNT Stock Price History

RDNT Stock News Headlines

Analyzing RadNet (NASDAQ:RDNT) & Akumin (NASDAQ:AKUMQ)
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
RadNet, Inc. (RDNT)
RadNet (NASDAQ:RDNT) Rating Lowered to Sell at StockNews.com
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Does RadNet (RDNT) Have a Long Runway for Growth?
What 4 Analyst Ratings Have To Say About RadNet
RDNT Apr 2024 35.000 put
RDNT Apr 2024 35.000 call
See More Headlines
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Company Calendar

Last Earnings
3/01/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:RDNT
Employees
10,288
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$53.67
High Stock Price Target
$58.00
Low Stock Price Target
$48.00
Potential Upside/Downside
+9.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$3.04 million
Pretax Margin
2.40%

Debt

Sales & Book Value

Annual Sales
$1.62 billion
Cash Flow
$3.50 per share
Book Value
$11.79 per share

Miscellaneous

Free Float
65,442,000
Market Cap
$3.34 billion
Optionable
Optionable
Beta
1.69

Social Links

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Key Executives

  • Dr. Howard G. Berger M.D. (Age 78)
    Chairman, President & CEO
    Comp: $5.56M
  • Mr. Mark D. Stolper (Age 53)
    Executive VP & CFO
    Comp: $1.13M
  • Mr. Mital Patel (Age 38)
    Executive VP of Financial Planning & Analysis and Chief Administrative Officer
    Comp: $1.15M
  • Mr. Norman R. HamesMr. Norman R. Hames (Age 68)
    President & COO of Western Operations
    Comp: $1.28M
  • Mr. Stephen M. Forthuber (Age 63)
    President & COO of Eastern Operations
    Comp: $1.3M
  • Ms. Christine Nayoma Gordon (Age 61)
    Senior VP of Operations - Northern California & Director
    Comp: $384.38k
  • Mr. Ranjan Jayanathan (Age 68)
    Executive VP, Chief Information Officer & GM of eRAD - Radiology Information Technology Division
  • Dr. Gregory Sorensen M.D. (Age 62)
    Executive VP, Chief Science Officer & Director
  • Ms. Laura Foster BSRT
    MPH, J.D., Senior Vice President of Compliance & Regulatory Affairs
  • Mr. David Jeffrey Katz (Age 59)
    Executive VP, Chief Legal Officer & Corporate Secretary

RDNT Stock Analysis - Frequently Asked Questions

Should I buy or sell RadNet stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RadNet in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RDNT shares.
View RDNT analyst ratings
or view top-rated stocks.

What is RadNet's stock price target for 2024?

3 brokerages have issued 1 year target prices for RadNet's shares. Their RDNT share price targets range from $48.00 to $58.00. On average, they expect the company's stock price to reach $53.67 in the next year. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for RDNT
or view top-rated stocks among Wall Street analysts.

How have RDNT shares performed in 2024?

RadNet's stock was trading at $34.77 at the start of the year. Since then, RDNT shares have increased by 40.4% and is now trading at $48.83.
View the best growth stocks for 2024 here
.

When is RadNet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our RDNT earnings forecast
.

How can I listen to RadNet's earnings call?

RadNet will be holding an earnings conference call on Thursday, May 9th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10188629".

How were RadNet's earnings last quarter?

RadNet, Inc. (NASDAQ:RDNT) announced its earnings results on Friday, March, 1st. The medical research company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.11 by $0.09. The medical research company earned $420.38 million during the quarter, compared to analysts' expectations of $410.11 million. RadNet had a trailing twelve-month return on equity of 4.72% and a net margin of 0.19%. The business's quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.11 earnings per share.

What guidance has RadNet issued on next quarter's earnings?

RadNet updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

What is Howard G. Berger's approval rating as RadNet's CEO?

174 employees have rated RadNet Chief Executive Officer Howard G. Berger on Glassdoor.com. Howard G. Berger has an approval rating of 45% among the company's employees. This puts Howard G. Berger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RadNet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RadNet investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), OPKO Health (OPK), Boeing (BA), Rigel Pharmaceuticals (RIGL), UnitedHealth Group (UNH), Pfizer (PFE) and AT&T (T).

Who are RadNet's major shareholders?

RadNet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.73%), Raymond James & Associates (0.14%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.04%), Maryland State Retirement & Pension System (0.03%) and Contravisory Investment Management Inc. (0.01%). Insiders that own company stock include Christine Nayoma Gordon, David L Swartz, Lawrence L Levitt, Michael N Murdock, Norman R Hames and Ruth Louisa Villigerwilson.
View institutional ownership trends
.

How do I buy shares of RadNet?

Shares of RDNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RDNT) was last updated on 4/23/2024 by MarketBeat.com Staff

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