RadNet Company Profile (NASDAQ:RDNT)

About RadNet (NASDAQ:RDNT)

RadNet logoRadNet, Inc. is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. As of December 31, 2016, the Company operated directly or indirectly through joint ventures, 305 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, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. As of December 31, 2016, the Company had in operation 257 MRI systems, 157 CT systems, 47 PET or combination PET/CT systems, 48 nuclear medicine systems, 479 X-ray systems, 279 mammography systems, 551 ultrasound systems and 104 fluoroscopy systems.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Laboratories & Research
  • Sub-Industry: N/A
  • Symbol: NASDAQ:RDNT
  • CUSIP: N/A
  • Web: www.radnet.com
Capitalization:
  • Market Cap: $358.84 million
  • Outstanding Shares: 47,216,000
Average Prices:
  • 50 Day Moving Avg: $6.24
  • 200 Day Moving Avg: $6.14
  • 52 Week Range: $4.97 - $7.98
P/E:
  • Trailing P/E Ratio: 49.35
  • Foreward P/E Ratio: 23.75
  • P/E Growth: 2.46
Sales & Book Value:
  • Annual Revenue: $897.16 million
  • Price / Sales: 0.40
  • Book Value: $1.05 per share
  • Price / Book: 7.24
Profitability:
  • EBIDTA: $111.45 million
  • 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%
Misc:
  • Average Volume: 148,297 shs.
  • Beta: 1.4
  • Short Ratio: 2.21
 

Frequently Asked Questions for RadNet (NASDAQ:RDNT)

What is RadNet's stock symbol?

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

How were RadNet's earnings last quarter?

RadNet Inc. (NASDAQ:RDNT) announced its earnings results on Wednesday, May, 10th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). The firm earned $229 million during the quarter, compared to analysts' expectations of $223.50 million. RadNet had a return on equity of 22.29% and a net margin of 0.51%. The business's revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) EPS. View RadNet's Earnings History.

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

4 brokerages have issued 12-month target prices for RadNet's shares. Their forecasts range from $7.00 to $9.00. On average, they expect RadNet's share price to reach $8.00 in the next twelve months. View Analyst Ratings for RadNet.

Are investors shorting RadNet?

RadNet saw a increase in short interest in the month of March. As of March 31st, there was short interest totalling 280,814 shares, an increase of 28.5% from the March 15th total of 218,478 shares. Based on an average trading volume of 135,345 shares, the short-interest ratio is currently 2.1 days.

Who are some of RadNet's key competitors?

Who owns RadNet stock?

RadNet's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Weber Alan W (7.13%), Dimensional Fund Advisors LP (3.01%), Vanguard Group Inc. (2.61%), Eqis Capital Management Inc. (2.25%), Robotti Robert (1.59%) and Renaissance Technologies LLC (1.08%). 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. View Institutional Ownership Trends for RadNet.

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 Schwab Charles Investment Management Inc., Eqis Capital Management Inc., Redwood Investments LLC, Weber Alan W, Renaissance Technologies LLC, Morgan Stanley, Cornerstone Capital Management Holdings LLC. and JPMorgan Chase & Co.. Company insiders that have sold RadNet stock in the last year include Jeffrey L Linden, Mark Stolper, Norman R Hames and Stephen M Forthuber. View Insider Buying and Selling for RadNet.

Who bought RadNet stock? Who is buying RadNet stock?

RadNet's stock was purchased by a variety of institutional investors in the last quarter, including TFS Capital LLC, Miracle Mile Advisors LLC, Adams Diversified Equity Fund Inc., Dimensional Fund Advisors LP, Cadence Capital Management LLC, Trexquant Investment LP, Beck Mack & Oliver LLC and Vanguard Group Inc.. View Insider Buying and Selling for RadNet.

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 $7.60.

Analyst Ratings

Consensus Ratings for RadNet (NASDAQ:RDNT) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $8.00 (5.26% upside)

Analysts' Ratings History for RadNet (NASDAQ:RDNT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/16/2017Jefferies Group LLCSet Price TargetHold$7.00HighView Rating Details
11/9/2016Craig HallumDowngradeBuy -> HoldN/AView Rating Details
9/3/2016B. RileyReiterated RatingBuy$9.00N/AView Rating Details
6/2/2016Sterne Agee CRTInitiated CoverageNeutralN/AView Rating Details
4/15/2016SidotiInitiated CoverageBuy$9.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for RadNet (NASDAQ:RDNT)
Earnings by Quarter for RadNet (NASDAQ:RDNT)
Earnings History by Quarter for RadNet (NASDAQ:RDNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017($0.01)($0.01)$223.50 million$229.00 millionViewN/AView Earnings Details
3/14/2017Q4 2016$0.11$0.08$226.27 million$224.90 millionViewN/AView Earnings Details
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)
2017 EPS Consensus Estimate: $0.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.03)$0.06$0.02
Q2 20175$0.08$0.23$0.15
Q3 20175$0.09$0.25$0.16
Q4 20173$0.09$0.14$0.11
(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 and Institutional Ownership History for RadNet (NASDAQ:RDNT)
Insider Ownership Percentage: 9.18%
Institutional Ownership Percentage: 46.76%
Insider Trades by Quarter for RadNet (NASDAQ:RDNT)
Institutional Ownership by Quarter for RadNet (NASDAQ:RDNT)
Insider Trades by Quarter for RadNet (NASDAQ:RDNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2017Norman R HamesInsiderSell35,000$7.67$268,450.00View SEC Filing  
5/18/2017Norman R HamesInsiderSell30,000$7.50$225,000.00View SEC Filing  
5/17/2017Norman R HamesInsiderSell39,072$7.22$282,099.84View SEC Filing  
5/16/2017Norman R HamesInsiderSell20,000$7.05$141,000.00View SEC Filing  
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

Headline Trends for RadNet (NASDAQ:RDNT)
Latest Headlines for RadNet (NASDAQ:RDNT)
Source:
DateHeadline
americanbankingnews.com logoNorman R. Hames Sells 35,000 Shares of RadNet Inc. (RDNT) Stock
www.americanbankingnews.com - May 19 at 7:58 PM
americanbankingnews.com logoNorman R. Hames Sells 30,000 Shares of RadNet Inc. (RDNT) Stock
www.americanbankingnews.com - May 19 at 1:29 PM
americanbankingnews.com logoRadNet Inc. (RDNT) Insider Sells 39,072 Shares
www.americanbankingnews.com - May 18 at 4:35 PM
americanbankingnews.com logoRadNet Inc. (RDNT) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 17 at 7:30 AM
americanbankingnews.com logoRadNet Inc. (RDNT) Insider Sells $141,000.00 in Stock
www.americanbankingnews.com - May 16 at 7:53 PM
americanbankingnews.com logo$226.64 Million in Sales Expected for RadNet Inc. (RDNT) This Quarter
www.americanbankingnews.com - May 12 at 1:54 PM
finance.yahoo.com logoEdited Transcript of RDNT earnings conference call or presentation 10-May-17 2:30pm GMT
finance.yahoo.com - May 11 at 12:45 AM
seekingalpha.com logoRadNet's (RDNT) CEO Dr. Howard Berger on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 7:41 PM
americanbankingnews.com logoRadNet Inc. (RDNT) Releases Earnings Results
www.americanbankingnews.com - May 10 at 3:52 PM
finance.yahoo.com logoRadNet Reports First Quarter Financial Results and Reaffirms 2017 Guidance Ranges
finance.yahoo.com - May 10 at 11:19 AM
finance.yahoo.com logoRadNet reports 1Q loss
finance.yahoo.com - May 10 at 11:19 AM
finance.yahoo.com logoInvestor Network: RadNet, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 11:19 AM
americanbankingnews.com logoRadNet (RDNT) Given Daily Coverage Optimism Rating of -0.13
www.americanbankingnews.com - May 1 at 1:28 PM
finance.yahoo.com logoRadNet, Inc. Announces Date of its First Quarter 2017 Financial Results Conference Call
finance.yahoo.com - April 28 at 8:07 AM
americanbankingnews.com logoRadNet (RDNT) Earning Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 9:32 PM
americanbankingnews.com logoRadNet (RDNT) Getting Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 7:46 PM
finance.yahoo.com logoShin Imaging Center Implements eRAD Platform
finance.yahoo.com - April 24 at 11:53 AM
americanbankingnews.com logoRadNet Inc. (RDNT) Sees Significant Growth in Short Interest
www.americanbankingnews.com - April 23 at 8:52 PM
finance.yahoo.com logoAdams Diagnostic Innovates with eRAD Technology
finance.yahoo.com - April 21 at 7:16 PM
finance.yahoo.com logoAdvanced Diagnostic Imaging Center Deploys eRAD Platform
finance.yahoo.com - April 20 at 7:33 PM
americanbankingnews.com logoRadNet (RDNT) Receives News Sentiment Score of 0.01
www.americanbankingnews.com - April 15 at 4:25 PM
americanbankingnews.com logoRadNet Inc. (RDNT) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 14 at 8:30 AM
finance.yahoo.com logoETFs with exposure to RadNet, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 12:11 PM
finance.yahoo.com logoRadNet Announces Formation of Two Los Angeles-Area Joint Ventures With Cedars-Sinai
finance.yahoo.com - April 3 at 8:44 AM
finance.yahoo.com logoRADNET, INC. Financials
finance.yahoo.com - March 23 at 7:59 PM
americanbankingnews.com logoJefferies Group LLC Reiterates "$7.00" Price Target for RadNet Inc. (RDNT)
www.americanbankingnews.com - March 22 at 10:49 AM
americanbankingnews.com logoRadNet Inc. (RDNT) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - March 20 at 12:37 PM
biz.yahoo.com logoRADNET, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 17 at 7:34 PM
americanbankingnews.com logoRadNet Inc. Expected to Post Q2 2017 Earnings of $0.08 Per Share (RDNT)
www.americanbankingnews.com - March 17 at 11:18 AM
biz.yahoo.com logoRADNET, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
biz.yahoo.com - March 15 at 7:42 PM
finance.yahoo.com logoEdited Transcript of RDNT earnings conference call or presentation 14-Mar-17 2:30pm GMT
finance.yahoo.com - March 15 at 12:00 AM
seekingalpha.com logoRadNet's (RDNT) CEO Howard Berger on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 14 at 6:58 PM
americanbankingnews.com logoRadNet Inc. (RDNT) Releases Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - March 14 at 9:58 AM
us.rd.yahoo.com logoRadNet Reports Record Fourth Quarter and Full Year 2016 Results and Releases 2017 Financial Guidance
us.rd.yahoo.com - March 14 at 9:55 AM
us.rd.yahoo.com logo6:04 am RadNet misses by $0.03, reports revs in-line; guides FY17 revs in-line
us.rd.yahoo.com - March 14 at 9:55 AM
biz.yahoo.com logoQ4 2016 RadNet Inc Earnings Release - Before Market Open
biz.yahoo.com - March 14 at 9:55 AM
globenewswire.com logoRadNet, Inc. Announces Date of its Fourth Quarter 2016 Financial Results Conference Call - GlobeNewswire (press release)
globenewswire.com - March 4 at 12:35 AM
feeds.benzinga.com logoRadNet, Inc. Announces Date of its Fourth Quarter 2016 Financial Results Conference Call
feeds.benzinga.com - March 3 at 6:57 AM
biz.yahoo.com logoRADNET, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio
biz.yahoo.com - February 8 at 10:21 PM
finance.yahoo.com logoRadNet Announces Amendment to First Lien Credit Facilities
finance.yahoo.com - February 2 at 11:23 PM
biz.yahoo.com logoRADNET, INC. Files SEC form 8-K/A, Financial Statements and Exhibits
biz.yahoo.com - December 6 at 9:04 AM

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RadNet (RDNT) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff