S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:RDNT

RadNet Stock Forecast, Price & News

$27.01
-1.24 (-4.39%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$26.79
$28.59
50-Day Range
$26.37
$34.60
52-Week Range
$17.27
$38.84
Volume
251,632 shs
Average Volume
241,340 shs
Market Capitalization
$1.44 billion
P/E Ratio
42.20
Dividend Yield
N/A
Beta
1.64
30 days | 90 days | 365 days | Advanced Chart
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RadNet logo

About RadNet

RadNet, Inc. provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and reduce unnecessary invasive procedures. The firm offers magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures. RadNet was founded by Howard G. Berger in 1980 and is headquartered in Los Angeles, CA.

Headlines

RadNet, inc (RDNT) Q3 2021 Earnings Call Transcript
November 28, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:RDNT
Employees
6,420
Year Founded
1980

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$2.58 per share
Book Value
$6.39 per share

Profitability

Net Income
$-14.84 million
Pretax Margin
5.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
50,057,000
Market Cap
$1.44 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/14/2022

Social Links


MarketRank

Overall MarketRank

2.32 out of 5 stars

Medical Sector

274th out of 1,390 stocks

Medical Laboratories Industry

7th out of 30 stocks

Analyst Opinion: 3.3Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












RadNet (NASDAQ:RDNT) Frequently Asked Questions

Is RadNet a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RadNet in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RadNet stock.
View analyst ratings for RadNet
or view top-rated stocks.

How has RadNet's stock been impacted by COVID-19?

RadNet's stock was trading at $17.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RDNT stock has increased by 56.9% and is now trading at $27.01.
View which stocks have been most impacted by COVID-19
.

When is RadNet's next earnings date?

RadNet is scheduled to release its next quarterly earnings announcement on Monday, March 14th 2022.
View our earnings forecast for RadNet
.

How were RadNet's earnings last quarter?

RadNet, Inc. (NASDAQ:RDNT) announced its quarterly earnings data on Monday, November, 8th. The medical research company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The medical research company earned $332.70 million during the quarter, compared to analysts' expectations of $341.26 million. RadNet had a trailing twelve-month return on equity of 12.87% and a net margin of 2.67%. The firm's revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 earnings per share.
View RadNet's earnings history
.

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

RadNet issued an update on its FY 2021 earnings guidance on Monday, November, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.30 billion-$1.35 billion, compared to the consensus revenue estimate of $1.34 billion.

What price target have analysts set for RDNT?

3 equities research analysts have issued 12 month price objectives for RadNet's shares. Their forecasts range from $26.00 to $40.00. On average, they expect RadNet's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price.
View analysts' price targets for RadNet
or view top-rated stocks among Wall Street analysts.

Who are RadNet's key executives?

RadNet's management team includes the following people:
  • Howard G. Berger, Chairman, Co-President & Chief Executive Officer
  • Norman R. Hames, Co-President & COO-Western Operations (LinkedIn Profile)
  • Stephen M. Forthuber, Co-President & COO-Eastern Operations
  • Mark D. Stolper, Chief Financial Officer & Executive Vice President
  • John V. Crues, Medical Director & Vice President

What is Howard G. Berger's approval rating as RadNet's CEO?

174 employees have rated RadNet CEO Howard G. Berger on Glassdoor.com. Howard G. Berger has an approval rating of 45% among RadNet's employees. This puts Howard G. Berger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), AbbVie (ABBV), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), OPKO Health (OPK), Boeing (BA), Rigel Pharmaceuticals (RIGL), UnitedHealth Group (UNH), Pfizer (PFE) and AT&T (T).

What is RadNet's stock symbol?

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

Who are RadNet's major shareholders?

RadNet's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.20%), Beck Mack & Oliver LLC (3.95%), Dimensional Fund Advisors LP (2.85%), Renaissance Technologies LLC (2.07%), Geode Capital Management LLC (1.43%) and Edmond DE Rothschild Holding S.A. (1.40%). Company insiders that own RadNet stock include B Kaplan Survivor's Tru Karen, David L Swartz, John V Crues, Lawrence L Levitt, Lawrence L Levitt, Michael N Murdock, Norman R Hames and Ruth Louisa Villigerwilson.
View institutional ownership trends for RadNet
.

Which major investors are selling RadNet stock?

RDNT stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Assenagon Asset Management S.A., Renaissance Technologies LLC, Goldman Sachs Group Inc., Russell Investments Group Ltd., Arrowstreet Capital Limited Partnership, Calamos Advisors LLC, and Tamarack Advisers LP. Company insiders that have sold RadNet company stock in the last year include John V Crues, Lawrence L Levitt, Michael N Murdock, Norman R Hames, and Ruth Louisa Villigerwilson.
View insider buying and selling activity for RadNet
or view top insider-selling stocks.

Which major investors are buying RadNet stock?

RDNT stock was bought by a variety of institutional investors in the last quarter, including Edmond DE Rothschild Holding S.A., Cheyne Capital Management UK LLP, CastleArk Alternatives LLC, Deutsche Bank AG, Tudor Investment Corp Et Al, Morgan Stanley, UBS Group AG, and Voloridge Investment Management LLC. Company insiders that have bought RadNet stock in the last two years include B Kaplan Survivor's Tru Karen, David L Swartz, and Lawrence L Levitt.
View insider buying and selling activity for RadNet
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RadNet's stock price today?

One share of RDNT stock can currently be purchased for approximately $27.01.

How much money does RadNet make?

RadNet has a market capitalization of $1.44 billion and generates $1.07 billion in revenue each year. The medical research company earns $-14.84 million in net income (profit) each year or $0.64 on an earnings per share basis.

How many employees does RadNet have?

RadNet employs 6,420 workers across the globe.

When was RadNet founded?

RadNet was founded in 1980.

What is RadNet's official website?

The official website for RadNet is www.radnet.com.

Where are RadNet's headquarters?

RadNet is headquartered at 1510 COTNER AVE, LOS ANGELES CA, 90025.

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) 445-2800, via email at [email protected], or via fax at 310-445-2980.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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