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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
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WARNING: Do You Invest with these Banks (Ad)
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Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
WARNING: Do You Invest with these Banks (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
WARNING: Do You Invest with these Banks (Ad)
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NASDAQ:RDNT

RadNet (RDNT) Stock Forecast, Price & News

$30.38
+0.61 (+2.05%)
(As of 06/2/2023 ET)
Compare
Today's Range
$29.73
$30.42
50-Day Range
$23.94
$30.38
52-Week Range
$12.03
$30.42
Volume
469,393 shs
Average Volume
255,633 shs
Market Capitalization
$1.77 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.00

RadNet MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1.3% Downside
$30.00 Price Target
Short Interest
Healthy
3.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
1.17mentions of RadNet in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$138,413 Sold Last Quarter
Proj. Earnings Growth
7.14%
From $0.28 to $0.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Medical Sector

515th out of 983 stocks

Medical Laboratories Industry

14th out of 22 stocks


RDNT stock logo

About RadNet (NASDAQ:RDNT) Stock

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.

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RDNT Stock News Headlines

15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Raymond James Keeps Their Buy Rating on Radnet (RDNT)
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
RadNet earnings: here's what Wall Street expects
RadNet (RDNT) to Release Quarterly Earnings on Tuesday
RadNet (NASDAQ:RDNT) Reaches New 52-Week High at $28.60
RadNet (NASDAQ:RDNT) Reaches New 1-Year High at $25.82
CJS Securities Begins Coverage on RadNet (NASDAQ:RDNT)
Are Investors Undervaluing RadNet (RDNT) Right Now?
See More Headlines

RDNT Price History

RDNT Company Calendar

Last Earnings
5/09/2023
Today
6/02/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:RDNT
Employees
9,067
Year Founded
1980

Price Target and Rating

Average Stock Price Forecast
$30.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
-1.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$10.65 million
Pretax Margin
1.35%

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Cash Flow
$3.72 per share
Book Value
$8.45 per share

Miscellaneous

Free Float
55,370,000
Market Cap
$1.77 billion
Optionable
Optionable
Beta
1.65

Social Links


Key Executives

  • Howard G. Berger
    Chairman, Co-President & Chief Executive Officer
  • Norman R. HamesNorman R. Hames
    Co-President & COO-Western Operations
  • Stephen M. Forthuber
    Co-President & COO-Eastern Operations
  • Mark D. Stolper
    Chief Financial Officer & Executive Vice President
  • John V. Crues
    Medical Director & Vice President













RDNT Stock - Frequently Asked Questions

Should I buy or sell RadNet stock right now?

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

What is RadNet's stock price forecast for 2023?

2 brokers have issued twelve-month target prices for RadNet's stock. Their RDNT share price forecasts range from $30.00 to $30.00. On average, they predict the company's share price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for RDNT
or view top-rated stocks among Wall Street analysts.

How have RDNT shares performed in 2023?

RadNet's stock was trading at $18.83 at the beginning of the year. Since then, RDNT shares have increased by 61.3% and is now trading at $30.38.
View the best growth stocks for 2023 here
.

When is RadNet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our RDNT earnings forecast
.

How were RadNet's earnings last quarter?

RadNet, Inc. (NASDAQ:RDNT) issued its earnings results on Tuesday, May, 9th. The medical research company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.01. The medical research company had revenue of $390.60 million for the quarter, compared to analysts' expectations of $371.34 million. RadNet had a negative net margin of 0.90% and a positive trailing twelve-month return on equity of 3.28%. The company's revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.15) EPS.

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

RadNet updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.55 billion-$1.60 billion, compared to the consensus revenue estimate of $1.56 billion.

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

174 employees have rated RadNet Chief Executive Officer Howard G. Berger on Glassdoor.com. Howard G. Berger has an approval rating of 45% among the company'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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.83%), Beck Mack & Oliver LLC (5.58%), Edmond DE Rothschild Holding S.A. (4.41%), State Street Corp (3.12%), Dimensional Fund Advisors LP (2.69%) and Global Alpha Capital Management Ltd. (2.67%). Insiders that own company stock include Christine Nayoma Gordon, 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
.

How do I buy shares of RadNet?

Shares of RDNT stock 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 $30.38.

How much money does RadNet make?

RadNet (NASDAQ:RDNT) has a market capitalization of $1.77 billion and generates $1.43 billion in revenue each year. The medical research company earns $10.65 million in net income (profit) each year or ($0.24) on an earnings per share basis.

How many employees does RadNet have?

The company employs 9,067 workers across the globe.

How can I contact RadNet?

RadNet's mailing address is 1510 COTNER AVE, LOS ANGELES CA, 90025. The official website for the company is www.radnet.com. The medical research company can be reached via phone at (310) 445-2800, via email at investorrelations@radnet.com, or via fax at 310-445-2980.

This page (NASDAQ:RDNT) was last updated on 6/3/2023 by MarketBeat.com Staff

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