Fonar Stock Price, News & Analysis (NASDAQ:FONR)

$23.45 -0.05 (-0.21 %)
(As of 12/11/2017 06:00 AM ET)
Previous Close$23.50
Today's Range$23.25 - $23.82
52-Week Range$17.20 - $33.90
Volume31,000 shs
Average Volume42,507 shs
Market Capitalization$147.44 million
P/E Ratio8.03
Dividend YieldN/A
Beta2.72

About Fonar (NASDAQ:FONR)

Fonar Corporation (Fonar) is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company operates its business through two segments: Medical Equipment segment, and Physician Management and Diagnostic Services segment. Its Medical Equipment segment is conducted through Fonar. Its Physician Management and Diagnostic Services segment is conducted through its subsidiary Health Management Company of America (HMCA). It offers Upright MRI, which is used to scan any part of the body. The Upright MRI allows patients to be scanned in various conditions, such as standing, sitting, bending or lying down in any position. The Company offers SMART, where scanning allows for same-scan customization of 63 slices.

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Industry, Sector and Symbol

Industry Advanced Medical Equipment & Technology
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:FONR
CUSIPN/A
Phone631-694-2929

Debt

Debt-to-Equity RatioN/A
Current Ratio4.05%
Quick Ratio3.92%

Price-To-Earnings

Trailing P/E Ratio8.03
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$78.04 million
Price / Sales1.89
Cash Flow$3.73 per share
Price / Cash6.28
Book Value$13.37 per share
Price / Book1.75

Profitability

Trailing EPS$2.92
Net Income$19.62 million
Net Margins24.02%
Return on Equity24.13%
Return on Assets19.88%

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 Corporation (NASDAQ:FONR) posted its quarterly earnings results on Wednesday, May, 10th. The medical equipment provider reported $0.88 earnings per share (EPS) for the quarter. The medical equipment provider had revenue of $20.01 million for the quarter. Fonar had a return on equity of 24.13% and a net margin of 24.02%. View Fonar's Earnings History.

When will Fonar make its next earnings announcement?

Fonar is scheduled to release their next quarterly earnings announcement on Wednesday, February, 7th 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:

  • Raymond V. Damadian, Chairman of the Board (Age 79)
  • Timothy R. Damadian, President, Chief Executive Officer (Age 44)
  • Claudette J. V. Chan, Secretary, Director (Age 77)
  • Charles N. O'Data, Lead Independent Director (Age 79)
  • Robert J. Janoff, Independent Director (Age 88)
  • Ronald G. Lehman, Independent Director (Age 39)

Who owns Fonar stock?

Fonar's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.14%), Hillsdale Investment Management Inc. (0.67%), OxFORD Asset Management LLP (0.66%), Cornerstone Capital Management Holdings LLC. (0.21%), Municipal Employees Retirement System of Michigan (0.18%) and New York State Common Retirement Fund (0.16%). View Institutional Ownership Trends for Fonar.

Who sold Fonar stock? Who is selling Fonar stock?

Fonar's stock was sold by a variety of institutional investors in the last quarter, including OxFORD Asset Management LLP and Hillsdale Investment Management Inc.. View Insider Buying and Selling for Fonar.

Who bought Fonar stock? Who is buying Fonar stock?

Fonar's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Municipal Employees Retirement System of Michigan, First Quadrant L P CA, American Century Companies Inc., Cornerstone Capital Management Holdings LLC., Russell Investments Group Ltd. and New York State Common Retirement Fund. View Insider Buying and Selling for Fonar.

How do I buy Fonar stock?

Shares of Fonar 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 Fonar stock can currently be purchased for approximately $23.45.

How big of a company is Fonar?

Fonar has a market capitalization of $147.44 million and generates $78.04 million in revenue each year. The medical equipment provider earns $19.62 million in net income (profit) each year or $2.92 on an earnings per share basis. 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:  33 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  69
MarketBeat's community ratings are surveys of what our community members think about Fonar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock 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


No equities research coverage for this company has been tracked by MarketBeat

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
2/7/2018N/AView Earnings Details
5/10/2017Q3 2017$0.88$20.01 millionViewN/AView Earnings Details
11/10/2014Q115$0.38$16.83 million$17.99 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
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
(Data available from 1/1/2011 forward)

Estimates

Fonar (NASDAQ:FONR) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Fonar (NASDAQ:FONR)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Fonar (NASDAQ FONR) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 8.33%
Institutional Ownership Percentage: 44.88%
Insider Trades by Quarter for Fonar (NASDAQ:FONR)
Institutional Ownership by Quarter for Fonar (NASDAQ:FONR)

Fonar (NASDAQ FONR) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/16/2016Raymond V DamadianTreasurerSell2,700$19.09$51,543.00View SEC Filing  
4/14/2016Raymond V DamadianTreasurerSell2,000$15.01$30,020.00View 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
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

DateFilerForm TypeView

Social Media

Financials

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

Chart

Fonar (NASDAQ FONR) Stock Chart for Monday, December, 11, 2017

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This page was last updated on 12/11/2017 by MarketBeat.com Staff

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