S&P 500   4,967.23
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How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:FONR

FONAR (FONR) Stock Price, News & Analysis

$16.81
-0.02 (-0.12%)
(As of 04/19/2024 ET)
Today's Range
$16.80
$17.04
50-Day Range
$16.52
$23.24
52-Week Range
$12.13
$24.05
Volume
5,681 shs
Average Volume
18,956 shs
Market Capitalization
$106.37 million
P/E Ratio
9.14
Dividend Yield
N/A
Price Target
N/A
FONR stock logo

About FONAR Stock (NASDAQ:FONR)

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Diagnostic Services. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company also offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters, and development and implementation of practice growth and marketing strategies. It owns and operates diagnostic imaging facilities in Florida; and manages MRI scanning facilities. The company markets its scanners to private diagnostic imaging centers and hospital outpatient imaging facilities. FONAR Corporation was founded in 1970 and is based in Melville, New York.

FONR Stock Price History

FONR Stock News Headlines

Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
Fonar Corp.
Fonar: Fiscal Q2 Earnings Snapshot
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
Fonar Corp FONR
2024 Strategies: Buy or Hold for 3 Medical Stocks?
Holiday Outlook: 3 Medical Stocks to Consider Buying
Fonar GAAP EPS of $0.59, revenue of $25.84M
Pleasing Signs As A Number Of Insiders Buy FONAR Stock
Back Into FONAR Corporation
Fonar Shares Drop on Volume Spike
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/19/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:FONR
Employees
561
Year Founded
N/A

Profitability

Net Income
$9.38 million
Pretax Margin
19.92%

Debt

Sales & Book Value

Annual Sales
$102.42 million
Cash Flow
$2.83 per share
Book Value
$23.07 per share

Miscellaneous

Free Float
5,785,000
Market Cap
$106.37 million
Optionable
Not Optionable
Beta
1.12
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FONR Stock Analysis - Frequently Asked Questions

How have FONR shares performed in 2024?

FONAR's stock was trading at $19.56 at the beginning of 2024. Since then, FONR shares have decreased by 14.1% and is now trading at $16.81.
View the best growth stocks for 2024 here
.

Are investors shorting FONAR?

FONAR saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 8,500 shares, a decrease of 14.1% from the March 15th total of 9,900 shares. Based on an average daily volume of 19,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.
View FONAR's Short Interest
.

When is FONAR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our FONR earnings forecast
.

How were FONAR's earnings last quarter?

FONAR Co. (NASDAQ:FONR) announced its quarterly earnings results on Wednesday, February, 14th. The medical equipment provider reported $0.54 earnings per share for the quarter. The medical equipment provider had revenue of $25.39 million for the quarter. FONAR had a net margin of 12.63% and a trailing twelve-month return on equity of 8.47%.

What other stocks do shareholders of FONAR own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FONAR investors own include Gilead Sciences (GILD), Amarin (AMRN), CRISPR Therapeutics (CRSP), Exelixis (EXEL), Pfizer (PFE), Bausch Health Companies (BHC), Incyte (INCY), Jazz Pharmaceuticals (JAZZ), Lannett (LCI) and Madrigal Pharmaceuticals (MDGL).

Who are FONAR's major shareholders?

FONAR's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.25%). Insiders that own company stock include Luciano B Bonanni and Timothy Raymond Damadian.
View institutional ownership trends
.

How do I buy shares of FONAR?

Shares of FONR 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:FONR) was last updated on 4/19/2024 by MarketBeat.com Staff

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