Radnet Inc Stock Buy Hold or Sell Recommendation
| RDNT Stock | USD 46.54 0.62 1.35% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding RadNet Inc is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell RadNet Inc given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for RadNet Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out RadNet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as RadNet and provide practical buy, sell, or hold advice based on investors' constraints. RadNet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
RadNet |
Execute RadNet Buy or Sell Advice
The RadNet recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on RadNet Inc. Macroaxis does not own or have any residual interests in RadNet Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute RadNet's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
RadNet Trading Alerts and Improvement Suggestions
| RadNet Inc generated a negative expected return over the last 90 days | |
| RadNet Inc is unlikely to experience financial distress in the next 2 years | |
| RadNet Inc currently holds 1.73 B in liabilities with Debt to Equity (D/E) ratio of 3.2, implying the company greatly relies on financing operations through barrowing. RadNet Inc has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about RadNet's use of debt, we should always consider it together with its cash and equity. | |
| Over 89.0% of RadNet shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Testing Diagnostics Services Stocks Q4 Recap Benchmarking Quest |
RadNet Returns Distribution Density
The distribution of RadNet's historical returns is an attempt to chart the uncertainty of RadNet's future price movements. The chart of the probability distribution of RadNet daily returns describes the distribution of returns around its average expected value. We use RadNet Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of RadNet returns is essential to provide solid investment advice for RadNet.
| Mean Return | -0.81 | Value At Risk | -5.11 | Potential Upside | 2.46 | Standard Deviation | 2.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of RadNet historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
RadNet Stock Institutional Investors
The RadNet's institutional investors refer to entities that pool money to purchase RadNet's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Hood River Capital Management Llc | 2024-12-31 | 1.3 M | Marshall Wace Asset Management Ltd | 2024-12-31 | 1.2 M | Goldman Sachs Group Inc | 2024-12-31 | 1.1 M | Clearbridge Advisors, Llc | 2024-12-31 | 942.1 K | T. Rowe Price Investment Management,inc. | 2024-12-31 | 913.7 K | Loomis, Sayles & Company Lp | 2024-12-31 | 834.7 K | Norges Bank | 2024-12-31 | 807.3 K | Northern Trust Corp | 2024-12-31 | 772.1 K | Fmr Inc | 2024-12-31 | 691.4 K | Blackrock Inc | 2024-12-31 | 9.8 M | Vanguard Group Inc | 2024-12-31 | 7.4 M |
RadNet Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 61.9M | 32.6M | (6.8M) | 214.7M | 397.5M | 417.3M | |
| Free Cash Flow | 108.3M | (71.2M) | (103.0M) | 44.3M | 1.3M | 1.4M | |
| Depreciation | 154.7M | 170.7M | 184.7M | 189.5M | 137.8M | 144.7M | |
| Other Non Cash Items | 4.7M | 22.9M | (50.3M) | 41.8M | 20.1M | 12.1M | |
| Capital Expenditures | 125.4M | 220.7M | 249.4M | 176.6M | 231.7M | 243.3M | |
| Net Income | (1.7M) | 44.3M | 33.6M | 3.0M | 38.8M | 40.8M | |
| End Period Cash Flow | 102.0M | 134.6M | 127.8M | 342.6M | 740.0M | 777.0M | |
| Change To Netincome | 4.4M | 34.6M | 43.0M | (6.2M) | (7.2M) | (6.8M) | |
| Change To Inventory | (10.9M) | (17.3M) | (45.1M) | (87.7M) | (78.9M) | (75.0M) | |
| Investments | 678K | (126.2M) | (1.4M) | (276.7M) | (233.1M) | (221.4M) | |
| Change Receivables | (17.5M) | 25.2M | (5.9M) | (30.1M) | (34.6M) | (32.9M) | |
| Net Borrowings | 21.9M | (42.8M) | 94.5M | 94.2M | 108.4M | 113.8M |
RadNet Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to RadNet or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that RadNet's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a RadNet stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.73 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 2.67 | |
Ir | Information ratio | -0.27 |
RadNet Volatility Alert
RadNet Inc exhibits very low volatility with skewness of -0.17 and kurtosis of 0.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RadNet's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact RadNet's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.RadNet Fundamentals Vs Peers
Comparing RadNet's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze RadNet's direct or indirect competition across all of the common fundamentals between RadNet and the related equities. This way, we can detect undervalued stocks with similar characteristics as RadNet or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of RadNet's fundamental indicators could also be used in its relative valuation, which is a method of valuing RadNet by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare RadNet to competition |
| Fundamentals | RadNet | Peer Average |
| Return On Equity | 0.0399 | -0.31 |
| Return On Asset | 0.0235 | -0.14 |
| Profit Margin | 0 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 4.43 B | 16.62 B |
| Shares Outstanding | 74.04 M | 571.82 M |
| Shares Owned By Insiders | 10.40 % | 10.09 % |
| Shares Owned By Institutions | 88.77 % | 39.21 % |
| Number Of Shares Shorted | 6.03 M | 4.71 M |
| Price To Earning | 55.56 X | 28.72 X |
| Price To Book | 3.81 X | 9.51 X |
| Price To Sales | 1.88 X | 11.42 X |
| Revenue | 1.83 B | 9.43 B |
| Gross Profit | 371.9 M | 27.38 B |
| EBITDA | 323.1 M | 3.9 B |
| Net Income | 38.84 M | 570.98 M |
| Cash And Equivalents | 99.17 M | 2.7 B |
| Cash Per Share | 1.73 X | 5.01 X |
| Total Debt | 1.73 B | 5.32 B |
| Debt To Equity | 3.20 % | 48.70 % |
| Current Ratio | 0.79 X | 2.16 X |
| Book Value Per Share | 12.19 X | 1.93 K |
| Cash Flow From Operations | 233.02 M | 971.22 M |
| Short Ratio | 7.08 X | 4.00 X |
| Earnings Per Share | 0.04 X | 3.12 X |
| Price To Earnings To Growth | 2.32 X | 4.89 X |
| Target Price | 77.67 | |
| Number Of Employees | 8.55 K | 18.84 K |
| Beta | 1.85 | -0.15 |
| Market Capitalization | 3.45 B | 19.03 B |
| Total Asset | 3.29 B | 29.47 B |
| Retained Earnings | (76.78 M) | 9.33 B |
| Working Capital | 539.54 M | 1.48 B |
Note: Disposition of 1000 shares by Wesdorp Cornelis of RadNet at 50.52 subject to Rule 16b-3 [view details]
RadNet Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as RadNet . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About RadNet Buy or Sell Advice
When is the right time to buy or sell RadNet Inc? Buying financial instruments such as RadNet Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for RadNet Stock Analysis
When running RadNet's price analysis, check to measure RadNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RadNet is operating at the current time. Most of RadNet's value examination focuses on studying past and present price action to predict the probability of RadNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RadNet's price. Additionally, you may evaluate how the addition of RadNet to your portfolios can decrease your overall portfolio volatility.