NASDAQ:FONR - Fonar Stock Price, Price Target & More

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$27.05 -0.10 (-0.37 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$27.05
Today's Range$26.95 - $27.6160
52-Week Range$21.10 - $33.90
Volume15,307 shs
Average Volume31,353 shs
Market Capitalization$170.71 million
P/E Ratio10.36
Dividend YieldN/A
Beta2.08

About Fonar (NASDAQ:FONR)

Fonar Corporation, together with its subsidiaries, engages in the design, manufacture, sale, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, and other medical conditions and injuries. It operates in two segments, Medical Equipment, and Physician Management and Diagnostic Services. The company offers Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. It markets its scanners to private diagnostic imaging centers and hospitals. The company also provides management services, administrative services, billing and collection services, office space, equipment, repair, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging. Fonar Corporation owns and operates 4 diagnostic imaging facilities in Florida; and manages 26 MRI scanning facilities, including 17 facilities located in New York and 7 facilities located in Florida. Fonar Corporation was founded in 1978 and is based in Melville, New York.

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Industry, Sector and Symbol

Industry Electromedical equipment
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:FONR
CUSIPN/A
Phone631-694-2929

Debt

Debt-to-Equity RatioN/A
Current Ratio4.96
Quick Ratio4.82

Price-To-Earnings

Trailing P/E Ratio10.36
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$78.04 million
Price / Sales2.18
Cash Flow$3.7208 per share
Price / Cash7.27
Book Value$14.72 per share
Price / Book1.84

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$19.62 million
Net Margins20.38%
Return on Equity19.54%
Return on Assets16.67%

Miscellaneous

Employees500
Outstanding Shares6,290,000

Fonar (NASDAQ:FONR) Frequently Asked Questions

What is Fonar's stock symbol?

Fonar trades on the NASDAQ under the ticker symbol "FONR."

How were Fonar's earnings last quarter?

Fonar Co. (NASDAQ:FONR) released its earnings results on Thursday, May, 10th. The medical equipment provider reported $0.51 earnings per share (EPS) for the quarter. The medical equipment provider had revenue of $20.98 million for the quarter. Fonar had a return on equity of 19.54% and a net margin of 20.38%. View Fonar's Earnings History.

When is Fonar's next earnings date?

Fonar is scheduled to release their next quarterly earnings announcement on Thursday, September, 13th 2018. View Earnings Estimates for Fonar.

Who are some of Fonar's key competitors?

Who are Fonar's key executives?

Fonar's management team includes the folowing people:
  • Dr. Raymond V. Damadian M.D., Chairman, Principal Financial Officer & Treasurer (Age 82)
  • Mr. Timothy R. Damadian, CEO & Pres (Age 54)
  • Mr. Luciano B. Bonanni, COO & Exec. VP (Age 63)
  • Mrs. Claudette J. V. Chan, Sec. & Director (Age 80)
  • Mr. Daniel Culver, Director of Communications

Has Fonar been receiving favorable news coverage?

Media headlines about FONR stock have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fonar earned a media sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the medical equipment provider an impact score of 46.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Fonar's major shareholders?

Fonar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include LSV Asset Management (4.70%), Dimensional Fund Advisors LP (3.03%), Polar Asset Management Partners Inc. (2.46%), Northern Trust Corp (1.49%), Matarin Capital Management LLC (0.73%) and JPMorgan Chase & Co. (0.70%). Company insiders that own Fonar stock include Raymond V Damadian and Robert J Janoff. View Institutional Ownership Trends for Fonar.

Which institutional investors are selling Fonar stock?

FONR stock was sold by a variety of institutional investors in the last quarter, including Bailard Inc. and Spark Investment Management LLC. View Insider Buying and Selling for Fonar.

Which institutional investors are buying Fonar stock?

FONR stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Matarin Capital Management LLC, JPMorgan Chase & Co., Polar Asset Management Partners Inc., Wells Fargo & Company MN, Mackay Shields LLC, Algert Global LLC and LSV Asset Management. View Insider Buying and Selling for Fonar.

How do I buy shares of Fonar?

Shares of FONR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fonar's stock price today?

One share of FONR stock can currently be purchased for approximately $27.05.

How big of a company is Fonar?

Fonar has a market capitalization of $170.71 million and generates $78.04 million in revenue each year. Fonar employs 500 workers across the globe.

How can I contact Fonar?

Fonar's mailing address is 110 Marcus Drive, Melville NY, 11747. The medical equipment provider can be reached via phone at 631-694-2929 or via email at [email protected]


MarketBeat Community Rating for Fonar (FONR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  64 (Vote Underperform)
Total Votes:  125
MarketBeat's community ratings are surveys of what our community members think about Fonar and other stocks. Vote "Outperform" if you believe FONR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FONR will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Fonar (NASDAQ:FONR) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/26/2016 forward)

Earnings

Fonar (NASDAQ:FONR) Earnings History and Estimates Chart

Earnings by Quarter for Fonar (NASDAQ:FONR)

Fonar (NASDAQ FONR) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/13/2018        
5/10/2018Q3$0.51$20.98 millionViewN/AView Earnings Details
2/12/2018Q2 2018$0.70$20.17 millionViewN/AView Earnings Details
11/9/2017Q1 2018$0.54$19.33 millionViewN/AView Earnings Details
9/14/2017Q4 2017$0.87$20.89 millionViewN/AView Earnings Details
5/10/2017Q3 2017$0.88$20.01 millionViewN/AView Earnings Details
2/9/2017Q2 2017$0.63$18.40 millionViewN/AView Earnings Details
11/9/2016Q1 2017$0.54$18.73 millionViewN/AView Earnings Details
9/19/2016Q4 2016$0.96$18.77 millionViewN/AView Earnings Details
5/10/2016Q3 2016$0.45$18.62 millionViewN/AView Earnings Details
2/9/2016Q2 2016$0.53$18.37 millionViewN/AView Earnings Details
11/9/2015Q1 2016$0.43$17.61 millionViewN/AView Earnings Details
9/14/2015Q4 2015$0.86$16.88 millionViewN/AView Earnings Details
5/11/2015Q3 2015$0.31$17.10 millionViewN/AView Earnings Details
2/9/2015Q2 2015$0.40$17.09 millionViewN/AView Earnings Details
11/10/2014Q115$0.38$16.83 million$17.99 millionViewN/AView Earnings Details
9/15/2014Q4 2014$0.62$17.02 millionViewN/AView Earnings Details
5/15/2014Q314$0.26$11.64 million$17.04 millionViewN/AView Earnings Details
2/14/2014Q214$0.33$9.60 million$17.60 millionViewN/AView Earnings Details
11/15/2013Q114$0.37$9.50 million$16.80 millionViewN/AView Earnings Details
10/15/2013Q4 2013$0.74$18.38 millionViewN/AView Earnings Details
5/15/2013Q3 2013$0.17$9.50 million$11.60 millionViewN/AView Earnings Details
2/14/2013Q412$0.21$9.33 million$9.61 millionViewN/AView Earnings Details
11/15/2012Q312$0.22$9.60 million$9.50 millionViewN/AView Earnings Details
10/1/2012Q4 2012$0.22ViewN/AView Earnings Details
5/15/2012Q3 2012$0.20ViewN/AView Earnings Details
2/14/2012Q2 2012$0.24ViewN/AView Earnings Details
11/15/2011Q1 2012$0.24ViewN/AView Earnings Details
10/3/2011Q4 2011$0.04ViewN/AView Earnings Details
5/10/2011Q3 2011$0.20ViewN/AView Earnings Details
2/22/2011Q2 2011$0.24ViewN/AView Earnings Details
11/19/2010Q1 2011$0.07ViewN/AView Earnings Details
10/13/2010Q4 2010$0.01ViewN/AView Earnings Details
2/22/2010Q2 2010($0.26)ViewN/AView Earnings Details
11/23/2009Q1 2010($0.31)ViewN/AView Earnings Details
10/5/2009Q4 2009($0.01)ViewN/AView Earnings Details
5/19/2009Q3 2009$0.13ViewN/AView Earnings Details
2/18/2009Q2 2009$0.16ViewN/AView Earnings Details
11/13/2008Q1 2009($0.09)ViewN/AView Earnings Details
5/20/2008Q3 2008($0.55)ViewN/AView Earnings Details
2/19/2008Q2 2008($0.78)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Fonar (NASDAQ:FONR) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Fonar (NASDAQ FONR) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 3.00%
Institutional Ownership Percentage: 51.39%
Insider Trading History for Fonar (NASDAQ:FONR)
Institutional Ownership by Quarter for Fonar (NASDAQ:FONR)

Fonar (NASDAQ FONR) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/20/2018Robert J. JanoffDirectorSell1,000$25.73$25,730.00View SEC Filing  
6/16/2016Raymond V DamadianTreasurerSell2,700$19.09$51,543.00103,702View SEC Filing  
4/14/2016Raymond V DamadianTreasurerSell2,000$15.01$30,020.00106,402View SEC Filing  
5/22/2015Raymond V DamadianPresidentSell4,550$10.66$48,503.00View SEC Filing  
1/9/2014Robert J JanoffDirectorSell1,000$26.32$26,320.00View SEC Filing  
12/13/2013Raymond V DamadianChairmanSell3,350$14.93$50,015.50View SEC Filing  
6/19/2013Raymond V DamadianChairmanSell4,000$6.18$24,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Fonar (NASDAQ FONR) News Headlines

Source:
DateHeadline
Investor Expectations to Drive Momentum within Jack Henry & Associates, The Providence Service, Farmer Brothers, comScore, Preferred Bank, and Fonar — Discovering Underlying Factors of InfluenceInvestor Expectations to Drive Momentum within Jack Henry & Associates, The Providence Service, Farmer Brothers, comScore, Preferred Bank, and Fonar — Discovering Underlying Factors of Influence
finance.yahoo.com - May 24 at 8:03 AM
New Research: Key Drivers of Growth for Oritani Financial, TIER REIT, The Boston Beer, Fidelity Southern, Riot Blockchain, and Fonar — Factors of Influence, Major Initiatives and Sustained ProductionNew Research: Key Drivers of Growth for Oritani Financial, TIER REIT, The Boston Beer, Fidelity Southern, Riot Blockchain, and Fonar — Factors of Influence, Major Initiatives and Sustained Production
finance.yahoo.com - May 21 at 8:02 AM
Fonar (FONR) Downgraded by ValuEngineFonar (FONR) Downgraded by ValuEngine
www.americanbankingnews.com - May 12 at 12:40 PM
Fonar (FONR) Issues Quarterly  Earnings ResultsFonar (FONR) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 2:50 PM
FONAR Announces Financial Results for Fiscal 2018 3rd Quarter and Nine-MonthsFONAR Announces Financial Results for Fiscal 2018 3rd Quarter and Nine-Months
finance.yahoo.com - May 10 at 6:20 PM
Fonar: Fiscal 3Q Earnings SnapshotFonar: Fiscal 3Q Earnings Snapshot
finance.yahoo.com - May 10 at 6:20 PM
Fonar (FONR) Upgraded to Buy by ValuEngineFonar (FONR) Upgraded to Buy by ValuEngine
www.americanbankingnews.com - May 4 at 12:54 AM
Fonar (FONR) Scheduled to Post Quarterly Earnings on TuesdayFonar (FONR) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - May 1 at 2:44 AM
Want To Invest In Fonar Corporation (NASDAQ:FONR)? Here’s How It Performed LatelyWant To Invest In Fonar Corporation (NASDAQ:FONR)? Here’s How It Performed Lately
finance.yahoo.com - April 13 at 8:01 AM
Robert J. Janoff Sells 1,000 Shares of Fonar Co. (FONR) StockRobert J. Janoff Sells 1,000 Shares of Fonar Co. (FONR) Stock
www.americanbankingnews.com - February 21 at 7:10 PM
Free Post Earnings Research Report: Boston Scientific’s Quarterly Revenues Jumped 9.9%; Adjusted EPS Advanced 13.3%Free Post Earnings Research Report: Boston Scientific’s Quarterly Revenues Jumped 9.9%; Adjusted EPS Advanced 13.3%
finance.yahoo.com - February 21 at 8:00 AM
FONAR Announces Fiscal 2018 2nd Quarter and Six Months Financial ResultsFONAR Announces Fiscal 2018 2nd Quarter and Six Months Financial Results
finance.yahoo.com - February 12 at 7:58 AM
Is It Time To Buy Fonar Corporation (NASDAQ:FONR) Based Off Its PE Ratio?Is It Time To Buy Fonar Corporation (NASDAQ:FONR) Based Off Its PE Ratio?
finance.yahoo.com - February 8 at 7:51 AM
Fonar (FONR) Scheduled to Post Quarterly Earnings on WednesdayFonar (FONR) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - January 31 at 2:28 AM
One corner of the stock market sees even crazier trading than bitcoinOne corner of the stock market sees even crazier trading than bitcoin
www.businessinsider.com - January 12 at 4:51 PM
ETFs with exposure to FONAR Corp. : December 28, 2017ETFs with exposure to FONAR Corp. : December 28, 2017
finance.yahoo.com - December 28 at 3:40 PM
FONAR Corp. :FONR-US: Earnings Analysis: Q1, 2018 By the Numbers : December 28, 2017FONAR Corp. :FONR-US: Earnings Analysis: Q1, 2018 By the Numbers : December 28, 2017
finance.yahoo.com - December 28 at 9:38 AM
ETFs with exposure to FONAR Corp. : December 14, 2017ETFs with exposure to FONAR Corp. : December 14, 2017
finance.yahoo.com - December 14 at 5:33 PM
ETFs with exposure to FONAR Corp. : November 27, 2017ETFs with exposure to FONAR Corp. : November 27, 2017
finance.yahoo.com - November 27 at 5:46 PM
Fonar is Now Oversold (FONR)Fonar is Now Oversold (FONR)
www.thestreet.com - November 22 at 4:56 AM
ETFs with exposure to FONAR Corp. : November 17, 2017ETFs with exposure to FONAR Corp. : November 17, 2017
finance.yahoo.com - November 18 at 8:47 AM
FONAR Announces First Quarter Earnings of Fiscal 2018FONAR Announces First Quarter Earnings of Fiscal 2018
finance.yahoo.com - November 10 at 5:00 PM
ETFs with exposure to FONAR Corp. : November 6, 2017ETFs with exposure to FONAR Corp. : November 6, 2017
finance.yahoo.com - November 6 at 10:58 PM
Fonar Corporation (FONR) Scheduled to Post Earnings on TuesdayFonar Corporation (FONR) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - October 31 at 9:56 AM
ETFs with exposure to FONAR Corp. : October 24, 2017ETFs with exposure to FONAR Corp. : October 24, 2017
finance.yahoo.com - October 25 at 12:14 AM
ETFs with exposure to FONAR Corp. : October 13, 2017ETFs with exposure to FONAR Corp. : October 13, 2017
finance.yahoo.com - October 13 at 4:22 PM
FONAR Corp. :FONR-US: Earnings Analysis: Q4, 2017 By the Numbers : October 5, 2017FONAR Corp. :FONR-US: Earnings Analysis: Q4, 2017 By the Numbers : October 5, 2017
finance.yahoo.com - October 5 at 5:56 PM
Fonar Corp (FONR) Files 10-K for the Fiscal Year Ended on June 30, 2017Fonar Corp (FONR) Files 10-K for the Fiscal Year Ended on June 30, 2017
finance.yahoo.com - October 2 at 2:27 PM
FONAR Corp. :FONR-US: Earnings Analysis: 2017 By the Numbers : September 29, 2017FONAR Corp. :FONR-US: Earnings Analysis: 2017 By the Numbers : September 29, 2017
finance.yahoo.com - October 2 at 2:27 PM
ETFs with exposure to FONAR Corp. : October 2, 2017ETFs with exposure to FONAR Corp. : October 2, 2017
finance.yahoo.com - October 2 at 2:27 PM
FONAR Announces Fiscal 2017 Year-End EarningsFONAR Announces Fiscal 2017 Year-End Earnings
finance.yahoo.com - September 14 at 7:23 PM
Fonar Corporation (FONR) Scheduled to Post Quarterly Earnings on MondayFonar Corporation (FONR) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - September 11 at 1:46 AM
ETFs with exposure to FONAR Corp. : August 8, 2017ETFs with exposure to FONAR Corp. : August 8, 2017
finance.yahoo.com - August 8 at 6:28 PM
Action Was Under the Surface in Mondays MarketAction Was Under the Surface in Monday's Market
finance.yahoo.com - July 17 at 7:38 PM
FONAR Celebrates Two Milestones: the 40th Birthday of the MRI Industry and the Impact of Joining the Russell 3000® IndexFONAR Celebrates Two Milestones: the 40th Birthday of the MRI Industry and the Impact of Joining the Russell 3000® Index
finance.yahoo.com - July 10 at 6:41 PM
ETFs with exposure to FONAR Corp. : July 10, 2017ETFs with exposure to FONAR Corp. : July 10, 2017
finance.yahoo.com - July 10 at 6:41 PM
BRIEF-FONAR Q3 earnings per share $0.88BRIEF-FONAR Q3 earnings per share $0.88
www.reuters.com - May 11 at 3:26 AM
Fonar posts 3Q profitFonar posts 3Q profit
marketbeat.com - May 10 at 10:48 AM
BRIEF-Fonar reports Q2 EPS $0.63BRIEF-Fonar reports Q2 EPS $0.63
www.reuters.com - February 10 at 10:55 PM
FONAR CORP Files SEC form 10-Q, Quarterly ReportFONAR CORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - February 9 at 5:53 PM
FONAR CORP Files SEC form 10-K, Annual ReportFONAR CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - September 29 at 10:04 AM
FONAR CORP Files SEC form 8-K, Results of Operations and Financial ConditionFONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - September 21 at 9:19 AM

SEC Filings

Fonar (NASDAQ:FONR) SEC Filings

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Social Media

Financials

Fonar (NASDAQ:FONR) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Fonar (NASDAQ FONR) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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