NASDAQ:RDNT - RadNet Stock Price, News & Analysis

$15.10
-0.11 (-0.72 %)
(As of 08/18/2019 08:51 AM ET)
Today's Range
$15.08
Now: $15.10
$15.55
50-Day Range
$13.49
MA: $14.49
$15.25
52-Week Range
$9.97
Now: $15.10
$16.54
Volume204,100 shs
Average Volume238,351 shs
Market Capitalization$756.96 million
P/E Ratio21.42
Dividend YieldN/A
Beta1.02
RadNet, Inc, together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. Read More…

Industry, Sector and Symbol

Industry Medical laboratories
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:RDNT
CUSIPN/A
Phone310-478-7808

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$975.15 million
Cash Flow$2.2141 per share
Book Value$4.24 per share

Profitability

Net Income$32.24 million

Miscellaneous

Employees7,869
Market Cap$756.96 million
Next Earnings Date11/8/2019 (Estimated)
OptionableOptionable

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RadNet (NASDAQ:RDNT) Frequently Asked Questions

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 Thursday, August, 8th. The medical research company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.02. The medical research company had revenue of $289.10 million for the quarter, compared to the consensus estimate of $272.36 million. RadNet had a return on equity of 18.91% and a net margin of 3.33%. The firm's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.11 earnings per share. View RadNet's Earnings History.

When is RadNet's next earnings date?

RadNet is scheduled to release their next quarterly earnings announcement on Friday, November 8th 2019. View Earnings Estimates for RadNet.

What guidance has RadNet issued on next quarter's earnings?

RadNet updated its FY 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.1-1.15 billion, compared to the consensus revenue estimate of $1.09 billion.

What price target have analysts set for RDNT?

1 equities research analysts have issued 12 month price targets for RadNet's shares. Their predictions range from $17.50 to $17.50. On average, they expect RadNet's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for RadNet.

What is the consensus analysts' recommendation for RadNet?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RadNet in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for RadNet.

Has RadNet been receiving favorable news coverage?

News coverage about RDNT stock has trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. RadNet earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news headlines about the medical research company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for RadNet.

Are investors shorting RadNet?

RadNet saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 767,600 shares, a decline of 24.1% from the June 30th total of 1,011,700 shares. Based on an average daily volume of 246,700 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.9% of the shares of the company are short sold. View RadNet's Current Options Chain.

Who are some of RadNet's key competitors?

What other stocks do shareholders of RadNet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RadNet investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), UnitedHealth Group (UNH), Adobe (ADBE), Rigel Pharmaceuticals (RIGL), Johnson & Johnson (JNJ), Baidu (BIDU), Cisco Systems (CSCO) and Micron Technology (MU).

Who are RadNet's key executives?

RadNet's management team includes the folowing people:
  • Dr. Howard G. Berger, Chairman, Pres, CEO & Treasurer (Age 73)
  • Mr. Mark D. Stolper, Exec. VP & CFO (Age 48)
  • Mr. Norman R. Hames, Pres, COO of Western Operations & Director (Age 63)
  • Mr. Stephen M. Forthuber, Pres & COO of Eastern Operations (Age 58)
  • Mr. Ranjan Jayanathan, Chief Information Officer & GM of Radiology Information Technology Division

Who are RadNet's major shareholders?

RadNet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.15%), Vanguard Group Inc. (4.11%), Renaissance Technologies LLC (3.28%), Moab Capital Partners LLC (2.89%), Global Alpha Capital Management Ltd. (2.36%) and Cortina Asset Management LLC (2.33%). Company insiders that own RadNet stock include David L Swartz, Jeffrey L Linden, John V Crues, Lawrence L Levitt, Mark Stolper, Marvin S Cadwell, Michael L Md Sherman, Michael N Murdock, Norman R Hames, Sandy Nyholm Kaminsky and Stephen M Forthuber. View Institutional Ownership Trends for RadNet.

Which institutional investors are selling RadNet stock?

RDNT stock was sold by a variety of institutional investors in the last quarter, including Moab Capital Partners LLC, AQR Capital Management LLC, Dalton Greiner Hartman Maher & Co., Renaissance Technologies LLC, Invesco Ltd., JPMorgan Chase & Co., Parametric Portfolio Associates LLC and Alberta Investment Management Corp. Company insiders that have sold RadNet company stock in the last year include David L Swartz, Jeffrey L Linden, John V Crues, Mark Stolper, Michael L Md Sherman, Michael N Murdock and Norman R Hames. View Insider Buying and Selling for RadNet.

Which institutional investors are buying RadNet stock?

RDNT stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Beck Mack & Oliver LLC, Cortina Asset Management LLC, Global Alpha Capital Management Ltd., Nuveen Asset Management LLC, Vanguard Group Inc., Cheyne Capital Management UK LLP and Ancora Advisors LLC. View Insider Buying and Selling for RadNet.

How do I buy shares of RadNet?

Shares of RDNT 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 RadNet's stock price today?

One share of RDNT stock can currently be purchased for approximately $15.10.

How big of a company is RadNet?

RadNet has a market capitalization of $756.96 million and generates $975.15 million in revenue each year. The medical research company earns $32.24 million in net income (profit) each year or $0.66 on an earnings per share basis. RadNet employs 7,869 workers across the globe.View Additional Information About RadNet.

What is RadNet's official website?

The official website for RadNet is http://www.radnet.com/.

How can I contact RadNet?

RadNet's mailing address is 1510 COTNER AVE, LOS ANGELES CA, 90025. The medical research company can be reached via phone at 310-478-7808 or via email at [email protected]


MarketBeat Community Rating for RadNet (NASDAQ RDNT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  256 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  495
MarketBeat's community ratings are surveys of what our community members think about RadNet and other stocks. Vote "Outperform" if you believe RDNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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