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.

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

Execute Advice
Sell RadNetBuy RadNet
Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon RadNet Inc has a Mean Deviation of 2.05, Standard Deviation of 2.62 and Variance of 6.85
Our recommendation tool can be used to complement RadNet trade recommendations provided by experts. It analyzes the firm's potential to grow against your specific risk preferences and investment horizon. To make sure RadNet is not overpriced, please check all RadNet Inc fundamentals, including its price to earning, book value per share, current asset, as well as the relationship between the net income and number of employees . Given that RadNet Inc has a price to earning of 55.56 X, we recommend you to check out RadNet Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

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 Llc2024-12-31
1.3 M
Marshall Wace Asset Management Ltd2024-12-31
1.2 M
Goldman Sachs Group Inc2024-12-31
1.1 M
Clearbridge Advisors, Llc2024-12-31
942.1 K
T. Rowe Price Investment Management,inc.2024-12-31
913.7 K
Loomis, Sayles & Company Lp2024-12-31
834.7 K
Norges Bank2024-12-31
807.3 K
Northern Trust Corp2024-12-31
772.1 K
Fmr Inc2024-12-31
691.4 K
Blackrock Inc2024-12-31
9.8 M
Vanguard Group Inc2024-12-31
7.4 M
Note, although RadNet's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

RadNet Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash61.9M32.6M(6.8M)214.7M397.5M417.3M
Free Cash Flow108.3M(71.2M)(103.0M)44.3M1.3M1.4M
Depreciation154.7M170.7M184.7M189.5M137.8M144.7M
Other Non Cash Items4.7M22.9M(50.3M)41.8M20.1M12.1M
Capital Expenditures125.4M220.7M249.4M176.6M231.7M243.3M
Net Income(1.7M)44.3M33.6M3.0M38.8M40.8M
End Period Cash Flow102.0M134.6M127.8M342.6M740.0M777.0M
Change To Netincome4.4M34.6M43.0M(6.2M)(7.2M)(6.8M)
Change To Inventory(10.9M)(17.3M)(45.1M)(87.7M)(78.9M)(75.0M)
Investments678K(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 Borrowings21.9M(42.8M)94.5M94.2M108.4M113.8M

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 Jones0.86
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
FundamentalsRadNetPeer Average
Return On Equity0.0399-0.31
Return On Asset0.0235-0.14
Profit Margin0 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation4.43 B16.62 B
Shares Outstanding74.04 M571.82 M
Shares Owned By Insiders10.40 %10.09 %
Shares Owned By Institutions88.77 %39.21 %
Number Of Shares Shorted6.03 M4.71 M
Price To Earning55.56 X28.72 X
Price To Book3.81 X9.51 X
Price To Sales1.88 X11.42 X
Revenue1.83 B9.43 B
Gross Profit371.9 M27.38 B
EBITDA323.1 M3.9 B
Net Income38.84 M570.98 M
Cash And Equivalents99.17 M2.7 B
Cash Per Share1.73 X5.01 X
Total Debt1.73 B5.32 B
Debt To Equity3.20 %48.70 %
Current Ratio0.79 X2.16 X
Book Value Per Share12.19 X1.93 K
Cash Flow From Operations233.02 M971.22 M
Short Ratio7.08 X4.00 X
Earnings Per Share0.04 X3.12 X
Price To Earnings To Growth2.32 X4.89 X
Target Price77.67
Number Of Employees8.55 K18.84 K
Beta1.85-0.15
Market Capitalization3.45 B19.03 B
Total Asset3.29 B29.47 B
Retained Earnings(76.78 M)9.33 B
Working Capital539.54 M1.48 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.

Use Investing Ideas to Build Portfolios

In addition to having RadNet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Climate Change Thematic Idea Now

Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Climate Change Theme or any other thematic opportunities.
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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.