NASDAQ:RDNTRadNet Stock Price, Forecast & News

RadNet's stock was trading at $17.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RDNT shares have decreased by 0.1% and is now trading at $17.21. View which stocks have been most impacted by Coronavirus.

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.

RadNet is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for RadNet.

RadNet Inc. (NASDAQ:RDNT) announced its earnings results on Monday, May, 11th. The medical research company reported ($0.33) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $0.16. The medical research company had revenue of $281.60 million for the quarter, compared to the consensus estimate of $242.09 million. RadNet had a net margin of 0.18% and a return on equity of 1.56%. The firm's revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.08) EPS. View RadNet's earnings history.

RadNet issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.175-1.225 billion, compared to the consensus revenue estimate of $1.2 billion.

1 Wall Street analysts have issued 12 month target prices for RadNet's shares. Their forecasts range from $28.00 to $28.00. On average, they expect RadNet's stock price to reach $28.00 in the next year. This suggests a possible upside of 62.7% from the stock's current price. View analysts' price targets for RadNet.

News headlines about RDNT stock have been trending somewhat negative on Sunday, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RadNet earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the medical research company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutRadNet.

RadNet saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,410,000 shares, an increase of 6.0% from the April 15th total of 1,330,000 shares. Based on an average daily trading volume, of 482,500 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.3% of the company's shares are sold short. View RadNet's Current Options Chain.

Some companies that are related to RadNet include InVitae (NVTA), CareDx (CDNA), Veracyte (VCYT), Castle Biosciences (CSTL), Personalis (PSNL), Centogene (CNTG), Fulgent Genetics (FLGT), DermTech (DMTK), Enzo Biochem (ENZ), Celcuity (CELC), Anpac Bio-Medical Science (ANPC), Biocept (BIOC), Miragen Therapeutics (MGEN), OpGen (OPGN) and Psychemedics (PMD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RadNet investors own include Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), AbbVie (ABBV), Corbus Pharmaceuticals (CRBP), Rigel Pharmaceuticals (RIGL), AT&T (T), UnitedHealth Group (UNH), Boeing (BA), Alibaba Group (BABA) and NovaBay Pharmaceuticals (NBY).

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

RadNet's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.45%), Beck Mack & Oliver LLC (3.74%), State Street Corp (2.58%), Global Alpha Capital Management Ltd. (2.17%), Silvercrest Asset Management Group LLC (2.00%) and Dalton Greiner Hartman Maher & Co. (1.99%). Company insiders that own RadNet stock include B Kaplan Survivor's Tru Karen, David L Swartz, Jeffrey L Linden, John V Crues, Mark Stolper, Michael L Md Sherman, Michael N Murdock and Norman R Hames. View institutional ownership trends for RadNet.

RDNT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., Morgan Stanley, Deutsche Bank AG, Russell Investments Group Ltd., Cheyne Capital Management UK LLP, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold RadNet company stock in the last year include John V Crues, Mark Stolper, Michael L Md Sherman, Michael N Murdock, and Norman R Hames. View insider buying and selling activity for RadNet.

RDNT stock was acquired by a variety of institutional investors in the last quarter, including Beck Mack & Oliver LLC, Silvercrest Asset Management Group LLC, Dalton Greiner Hartman Maher & Co., Assenagon Asset Management S.A., Voce Capital Management LLC, Hennessy Advisors Inc., State Street Corp, and JPMorgan Chase & Co.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of RDNT stock can currently be purchased for approximately $17.21.

RadNet has a market capitalization of $872.37 million and generates $1.15 billion in revenue each year. The medical research company earns $14.76 million in net income (profit) each year or $0.29 on an earnings per share basis. RadNet employs 8,498 workers across the globe.

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

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]