RadNet Company Profile (NASDAQ:RDNT)

About RadNet

RadNet logoRadNet, Inc. is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. The Company operates directly or indirectly through joint ventures with hospitals, approximately 300 centers located in California, Delaware, Florida, Maryland, New Jersey, New York and Rhode Island. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Its services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. It operates approximately 140 fixed-site, freestanding outpatient diagnostic imaging facilities in California, over 10 in Delaware, three in Florida, 50 in Maryland, 20 in New Jersey, 20 in the Rochester and Hudson Valley areas of New York, approximately 40 in New York City, as well as five in Rhode Island.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Laboratories & Research
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: RDNT
  • CUSIP:
Key Metrics:
  • Previous Close: $6.25
  • 50 Day Moving Average: $6.08
  • 200 Day Moving Average: $6.56
  • 52-Week Range: $46,467,000.00 - $4.66
  • Trailing P/E Ratio: 64.58
  • Foreward P/E Ratio: 16.76
  • P/E Growth: 2.50
  • Market Cap: $288.10M
  • Outstanding Shares: 46,467,000
  • Beta: 1.4
Profitability:
  • Net Margins: 0.51%
  • Return on Equity: 22.29%
  • Return on Assets: 1.00%
Debt:
  • Debt-to-Equity Ratio: 15.38%
  • Current Ratio: 1.56%
  • Quick Ratio: 1.56%
Additional Links:
Companies Related to RadNet:

Analyst Ratings

Consensus Ratings for RadNet (NASDAQ:RDNT) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $8.33 (34.41% upside)

Analysts' Ratings History for RadNet (NASDAQ:RDNT)
Show:
DateFirmActionRatingPrice TargetDetails
11/10/2016Jefferies Group LLCReiterated RatingHold$7.00View Rating Details
11/9/2016Craig HallumDowngradeBuy -> HoldView Rating Details
9/3/2016B. RileyReiterated RatingBuy$9.00View Rating Details
6/2/2016Sterne Agee CRTInitiated CoverageNeutralView Rating Details
4/15/2016SidotiInitiated CoverageBuy$9.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for RadNet (NASDAQ:RDNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
11/9/2016Q316$0.11$0.04$223.31 million$224.60 millionViewListenView Earnings Details
8/9/2016Q216$0.04$0.09$220.09 million$224.60 millionViewN/AView Earnings Details
5/10/2016Q116$0.01($0.04)$205.01 million$216.40 millionViewListenView Earnings Details
3/14/2016Q415$0.15$0.02$185.60 million$215.70 millionViewListenView Earnings Details
11/9/2015Q315$0.15$0.18$194.25 million$208.40 millionViewN/AView Earnings Details
8/10/2015Q215$0.11$0.08$195.19 million$204.30 millionViewListenView Earnings Details
5/11/2015Q115$0.06($0.11)$169.96 million$181.30 millionViewListenView Earnings Details
3/16/2015Q414$0.10$0.10$185.30 million$185.60 millionViewN/AView Earnings Details
11/6/2014Q314$0.06$0.10$177.85 million$175.20 millionViewN/AView Earnings Details
8/8/2014Q214$0.05$0.12$176.85 million$179.10 millionViewN/AView Earnings Details
5/9/2014Q114($0.06)($0.03)$173.53 million$168.90 millionViewN/AView Earnings Details
3/3/2014Q4 13$0.01$0.03$172.97 million$178.30 millionViewN/AView Earnings Details
11/11/2013Q3 13$0.07($0.01)$173.41 million$175.20 millionViewN/AView Earnings Details
8/9/2013Q2 2013$0.06$0.07$175.62 million$176.52 millionViewN/AView Earnings Details
3/12/2013Q4 2012$0.05$1.42$160.74 million$165.80 millionViewN/AView Earnings Details
11/9/2012Q312$0.08$0.13$165.23 million$167.00 millionViewN/AView Earnings Details
8/9/2012$0.07$0.07ViewN/AView Earnings Details
3/8/2012$0.07$0.12ViewN/AView Earnings Details
8/9/2011$0.06$0.09ViewN/AView Earnings Details
5/10/2011($0.06)($0.02)ViewN/AView Earnings Details
3/8/2011$0.04$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for RadNet (NASDAQ:RDNT)
Current Year EPS Consensus Estimate: $0.25 EPS
Next Year EPS Consensus Estimate: $0.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164($0.04)$0.14$0.04
Q2 20163$0.01$0.09$0.05
Q3 20163$0.07$0.13$0.11
Q4 20163$0.07$0.14$0.11
Q1 20171$0.06$0.06$0.06
Q2 20173$0.08$0.23$0.18
Q3 20173$0.09$0.25$0.19
Q4 20171$0.09$0.09$0.09
(Data provided by Zacks Investment Research)

Dividends

Dividend History for RadNet (NASDAQ:RDNT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for RadNet (NASDAQ:RDNT)
Insider Ownership Percentage: 9.18%
Institutional Ownership Percentage: 46.76%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/19/2016Norman R HamesInsiderSell5,000$6.20$31,000.00View SEC Filing  
12/16/2016Norman R HamesInsiderSell5,000$6.20$31,000.00View SEC Filing  
12/15/2016Norman R HamesInsiderSell2,500$6.10$15,250.00View SEC Filing  
12/14/2016Norman R HamesInsiderSell5,000$6.15$30,750.00View SEC Filing  
12/13/2016Norman R HamesInsiderSell25,000$6.18$154,500.00View SEC Filing  
12/6/2016Norman R HamesInsiderSell5,000$6.20$31,000.00View SEC Filing  
12/1/2016Norman R HamesInsiderSell1,500$6.10$9,150.00View SEC Filing  
11/30/2016Norman R HamesInsiderSell18,547$6.25$115,918.75View SEC Filing  
11/28/2016Norman R HamesInsiderSell2,500$6.21$15,525.00View SEC Filing  
11/25/2016Norman R HamesInsiderSell7,322$6.12$44,810.64View SEC Filing  
9/19/2016Stephen M ForthuberInsiderSell20,000$7.18$143,600.00View SEC Filing  
8/23/2016Jeffrey L LindenInsiderSell30,000$6.41$192,300.00View SEC Filing  
8/12/2016Mark StolperVPSell35,414$6.25$221,337.50View SEC Filing  
3/18/2016Stephen M ForthuberEVPSell29,000$5.21$151,090.00View SEC Filing  
12/18/2015Stephen M. ForthuberEVPSell24,143$6.03$145,582.29View SEC Filing  
12/16/2015Michael N. MurdockEVPSell72,861$6.12$445,909.32View SEC Filing  
12/11/2015Michael N MurdockEVPSell771$6.60$5,088.60View SEC Filing  
12/10/2015Michael N MurdockEVPSell25,000$6.22$155,500.00View SEC Filing  
12/3/2015Mark StolperCFOSell19,187$6.18$118,575.66View SEC Filing  
9/17/2015Norman R. HamesEVPSell75,000$6.18$463,500.00View SEC Filing  
9/16/2015Norman R. HamesEVPSell40,000$6.04$241,600.00View SEC Filing  
9/15/2015Norman R HamesEVPSell13,100$5.82$76,242.00View SEC Filing  
9/14/2015Norman R HamesEVPSell15,204$5.76$87,575.04View SEC Filing  
9/11/2015Norman R HamesEVPSell1,400$5.87$8,218.00View SEC Filing  
9/10/2015Norman R HamesEVPSell10,000$5.86$58,600.00View SEC Filing  
9/9/2015Norman R HamesEVPSell5,000$6.00$30,000.00View SEC Filing  
9/4/2015Norman R. HamesEVPSell4,200$6.00$25,200.00View SEC Filing  
9/2/2015Norman R. HamesEVPSell6,500$6.04$39,260.00View SEC Filing  
8/26/2015Norman R. HamesEVPSell11,000$6.20$68,200.00View SEC Filing  
8/25/2015Norman R. HamesEVPSell7,126$6.08$43,326.08View SEC Filing  
8/19/2015Norman R HamesEVPSell1,600$7.22$11,552.00View SEC Filing  
6/18/2015Norman R HamesEVPSell10,000$6.95$69,500.00View SEC Filing  
6/16/2015Todd W SkulteEVPSell12,000$6.95$83,400.00View SEC Filing  
6/15/2015Norman R HamesEVPSell18,700$7.07$132,209.00View SEC Filing  
6/12/2015Stephen M ForthuberEVPSell40,000$6.72$268,800.00View SEC Filing  
6/10/2015Norman R HamesEVPSell5,000$6.64$33,200.00View SEC Filing  
6/5/2015John V CruesDirectorSell10,000$6.62$66,200.00View SEC Filing  
6/5/2015Norman R HamesEVPSell5,000$6.60$33,000.00View SEC Filing  
6/3/2015John V CruesDirectorSell15,000$6.47$97,050.00View SEC Filing  
3/20/2015Norman R HamesEVPSell11,390$7.60$86,564.00View SEC Filing  
12/18/2014Stephen M ForthuberEVPSell35,000$8.59$300,650.00View SEC Filing  
12/17/2014Stephen M ForthuberEVPSell80,000$8.54$683,200.00View SEC Filing  
12/10/2014Jeffrey L LindenEVPSell15,000$8.22$123,300.00View SEC Filing  
12/5/2014Michael N MurdockEVPSell13,800$8.35$115,230.00View SEC Filing  
12/4/2014Michael N MurdockEVPSell37,039$8.25$305,571.75View SEC Filing  
8/18/2014John V CruesDirectorSell16,667$6.91$115,168.97View SEC Filing  
6/5/2014Michael L Md ShermanDirectorSell26,752$6.67$178,435.84View SEC Filing  
5/13/2014John CruesDirectorSell16,667$6.40$106,668.80View SEC Filing  
5/13/2014Mark StolperCFOSell75,000$6.47$485,250.00View SEC Filing  
8/23/2013Norman HamesEVPSell361,334$2.71$979,215.14View SEC Filing  
5/23/2013Mark StolperCFOSell75,000$2.43$182,250.00View SEC Filing  
5/21/2013Norman R HamesEVPSell38,666$2.50$96,665.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for RadNet (NASDAQ:RDNT)
DateHeadline
News IconTrading Center: Watching Shares of RadNet Inc. (RDNT) - Benton Bulletin (NASDAQ:RDNT)
bentonbulletin.com - February 18 at 8:16 AM
News IconWhat the Technicals Are Saying About RadNet, Inc. (NASDAQ:RDNT) - BVN (NASDAQ:RDNT)
bvnewsjournal.com - February 18 at 8:16 AM
News IconCompany Levels in Review: RadNet, Inc. (NASDAQ:RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - February 15 at 12:32 AM
News IconConsensus Take: RadNet, Inc. (NASDAQ:RDNT) Earnings & Ratings Watch - Aiken Advocate (NASDAQ:RDNT)
aikenadvocate.com - February 10 at 10:22 PM
investornewswire.com logoExpected For RadNet, Inc. (NASDAQ:RDNT) Sales Of $920.124 - Investor Newswire (NASDAQ:RDNT)
www.investornewswire.com - February 10 at 10:22 PM
News IconInvestor Update: Looking at Shares of RadNet, Inc. (NASDAQ:RDNT) - Benton Bulletin (NASDAQ:RDNT)
bentonbulletin.com - February 10 at 10:22 PM
biz.yahoo.com logoRADNET, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio (NASDAQ:RDNT)
biz.yahoo.com - February 8 at 10:21 PM
News IconTechnical Toolbox: Investor Focus on RadNet Inc. (RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - February 3 at 10:13 PM
News IconMarket Review: Indicator Watch for RadNet Inc. (RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - February 3 at 4:25 AM
finance.yahoo.com logoRadNet Announces Amendment to First Lien Credit Facilities (NASDAQ:RDNT)
finance.yahoo.com - February 2 at 11:23 PM
News IconWilliams %R Check on Shares of RadNet Inc. (RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - January 31 at 9:45 PM
realistinvestor.com logoRadNet, Inc. (NASDAQ:RDNT) EPS Projection At $0.09 - RealistInvestor.com (NASDAQ:RDNT)
www.realistinvestor.com - January 31 at 9:45 PM
News IconStock Review: Checking in on Share of RadNet, Inc. (NASDAQ:RDNT) - Gilbert Daily (NASDAQ:RDNT)
gilbertdaily.com - January 29 at 7:54 PM
News IconEarnings in Full Force, Analysts Take Aim at RadNet, Inc. (NASDAQ:RDNT) - Wall Street Beacon (NASDAQ:RDNT)
wsbeacon.com - January 28 at 7:38 PM
News IconFCF Score Check on Shares of RadNet, Inc. (NASDAQ:RDNT) - The Tribune (NASDAQ:RDNT)
lakecitytribune.com - January 28 at 7:38 PM
News IconRadNet Inc RDNT Pharmaceuticals Healthcare Deals and Alliances Profile Prices from USD $250 (NASDAQ:RDNT)
www.bioportfolio.com - January 28 at 6:06 AM
News IconShares in View: RadNet Inc. (RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - January 26 at 3:03 AM
News IconMA Watch on Shares of RadNet Inc. (RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - January 24 at 8:14 AM
News IconTechnical Buzz on RadNet, Inc. (NASDAQ:RDNT) | The Tribune - The Tribune (NASDAQ:RDNT)
lakecitytribune.com - January 24 at 8:14 AM
News IconActive Trading Watch on Shares of RadNet Inc. (RDNT) - Sherwood Daily (NASDAQ:RDNT)
sherwooddaily.com - January 18 at 8:09 AM
realistinvestor.com logoRadNet, Inc. (NASDAQ:RDNT) EPS Estimate At $0.09 - RealistInvestor.com (NASDAQ:RDNT)
www.realistinvestor.com - January 18 at 8:09 AM
News IconWill The Needle Move For RadNet, Inc. (NASDAQ:RDNT) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:RDNT)
wsbeacon.com - January 13 at 1:11 AM
investornewswire.com logoSentiments And Ratings Alert: RadNet, Inc. (NASDAQ:RDNT) - Investor Newswire (NASDAQ:RDNT)
www.investornewswire.com - January 4 at 12:16 AM
News IconHome Business RadNet Inc. (RDNT) Insider Trades: Insider Stephen M Forthuber Sold 20000 Shares - BNB Daily (blog) (NASDAQ:RDNT)
www.baseball-news-blog.com - December 30 at 8:47 AM
capitalcube.com logoRadNet, Inc. – Value Analysis (NASDAQ:RDNT) : December 27, 2016 (NASDAQ:RDNT)
www.capitalcube.com - December 27 at 3:33 PM
capitalcube.com logoRadNet, Inc. breached its 50 day moving average in a Bullish Manner : RDNT-US : December 26, 2016 (NASDAQ:RDNT)
www.capitalcube.com - December 26 at 9:25 AM
News IconInvestor Update: Looking at Shares of RadNet, Inc. (NASDAQ:RDNT ... - OIB News (NASDAQ:RDNT)
oibnews.com - December 22 at 2:09 AM
News IconEquity Rundown: RSI and CCI Check on RadNet Inc. (RDNT) - Yankee Analysts (NASDAQ:RDNT)
yankeeanalysts.com - December 22 at 2:09 AM
realistinvestor.com logoRadNet, Inc. (NASDAQ:RDNT) EPS Prediction At $0.09 - RealistInvestor.com (NASDAQ:RDNT)
www.realistinvestor.com - December 20 at 2:08 PM
News IconChecking on Shares of RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - December 20 at 2:08 PM
News IconWatching the Technicals on Shares of RadNet Inc. (RDNT) - Yankee Analysts (NASDAQ:RDNT)
yankeeanalysts.com - December 20 at 2:08 PM
News IconInvestor Update: Checking on Shares of RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - December 19 at 8:18 AM
News IconInside the Numbers on Shares of RadNet, Inc. (NASDAQ:RDNT) - Business Daily Leader (NASDAQ:RDNT)
businessdailyleader.com - December 18 at 1:04 AM
News IconQuick Review on Trend Indicator Levels: RadNet Inc. (RDNT) - Yankee Analysts (NASDAQ:RDNT)
yankeeanalysts.com - December 17 at 2:04 AM
News IconInvestor Corner: Checking the Numbers for RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - December 15 at 2:24 AM
News IconSignal Watch: Checking the Numbers for RadNet Inc. (RDNT) - Yankee Analysts (NASDAQ:RDNT)
yankeeanalysts.com - December 14 at 8:09 AM
News IconCompany Watch: Focusing on Shares of RadNet, Inc. (NASDAQ:RDNT) - OIB News (NASDAQ:RDNT)
oibnews.com - December 14 at 12:52 AM
News IconStock Review for RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - December 13 at 8:31 AM
News IconCompany Stock in Focus: RadNet, Inc. (NASDAQ:RDNT) - OIB News (NASDAQ:RDNT)
oibnews.com - December 9 at 8:02 AM
News IconMarket Focus: Watching Shares of RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - December 8 at 8:56 AM
biz.yahoo.com logoRADNET, INC. Files SEC form 8-K/A, Financial Statements and Exhibits (NASDAQ:RDNT)
biz.yahoo.com - December 6 at 9:04 AM
News IconInvestor View: Looking at Shares of RadNet, Inc. (NASDAQ:RDNT) - OIB News (NASDAQ:RDNT)
oibnews.com - December 3 at 10:26 AM
News IconMarket Focus: Checking Indicators on Shares of RadNet Inc. (RDNT) - Yankee Analysts (NASDAQ:RDNT)
yankeeanalysts.com - December 3 at 10:26 AM
News IconCompany Review: Narrowing in on Shares of RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - December 2 at 11:55 AM
News IconInvestor Corner: Checking the Numbers for RadNet, Inc. (NASDAQ:RDNT) - OIB News (NASDAQ:RDNT)
oibnews.com - December 1 at 12:39 AM
News IconEquity in Focus: RadNet, Inc. (NASDAQ:RDNT) - Liberty News (NASDAQ:RDNT)
libertynewsrecord.com - November 29 at 1:51 PM
News IconRadNet, Inc. RDNT Medical Equipment Deals and Alliances Profile Prices from USD $250 (NASDAQ:RDNT)
www.bioportfolio.com - November 25 at 6:57 PM
News IconRadNet, Inc. RDNT Pharmaceuticals Healthcare Deals and Alliances Profile Prices from USD $250 (NASDAQ:RDNT)
www.bioportfolio.com - November 23 at 7:23 PM
News IconLevels in View on Shares of RadNet, Inc. (NASDAQ:RDNT) - The Business Journal (NASDAQ:RDNT)
belmontbusinessjournal.com - November 22 at 7:18 PM
News IconTechnical Toolbox: Investor Focus on RadNet Inc. (RDNT) - Yankee Analysts (NASDAQ:RDNT)
yankeeanalysts.com - November 22 at 7:18 PM

Social

What is RadNet's stock symbol?

RadNet trades on the NASDAQ under the ticker symbol "RDNT."

Where is RadNet's stock going? Where will RadNet's stock price be in 2017?

5 equities research analysts have issued twelve-month target prices for RadNet's stock. Their forecasts range from $7.00 to $9.00. On average, they anticipate RadNet's share price to reach $8.33 in the next year.

When will RadNet announce their earnings?

RadNet is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns RadNet stock?

RadNet's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.96%), State Street Corp (1.32%), Renaissance Technologies LLC (1.23%), Allianz Asset Management AG (0.59%), Oxford Asset Management (0.46%) and Cadence Capital Management LLC (0.28%). Company insiders that own RadNet stock include Jeffrey L Linden, John V Crues, Mark Stolper, Michael N Murdock, Norman R Hames, Stephen M Forthuber and Todd W Skulte.

Who sold RadNet stock? Who is selling RadNet stock?

RadNet's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Oxford Asset Management, AQR Capital Management LLC, Brown Advisory Inc., Two Sigma Investments LP and Metropolitan Life Insurance Co. NY. Company insiders that have sold RadNet stock in the last year include Jeffrey L Linden, Mark Stolper, Norman R Hames and Stephen M Forthuber.

Who bought RadNet stock? Who is buying RadNet stock?

RadNet's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, State Board of Administration of Florida Retirement System, State Street Corp, A.R.T. Advisors LLC, GSA Capital Partners LLP and Cadence Capital Management LLC.

How do I buy RadNet stock?

Shares of RadNet can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of RadNet stock cost?

One share of RadNet stock can currently be purchased for approximately $6.20.

RadNet (NASDAQ:RDNT) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for RadNet (NASDAQ:RDNT)

Earnings History Chart

Earnings by Quarter for RadNet (NASDAQ:RDNT)

Dividend History Chart

Dividend Payments by Quarter for RadNet (NASDAQ:RDNT)

Last Updated on 2/19/2017 by MarketBeat.com Staff