Radnet Inc Stock Analysis
RDNT Stock | USD 81.76 0.73 0.88% |
RadNet Inc is overvalued with Real Value of 48.52 and Target Price of 39.0. The main objective of RadNet stock analysis is to determine its intrinsic value, which is an estimate of what RadNet Inc is worth, separate from its market price. There are two main types of RadNet's stock analysis: fundamental analysis and technical analysis.
The RadNet stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. RadNet is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. RadNet Stock trading window is adjusted to America/New York timezone.
RadNet |
RadNet Stock Analysis Notes
About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.32. RadNet Inc recorded a loss per share of 0.07. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 28th of November 2006. RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company was founded in 1981 and is headquartered in Los Angeles, California. RadNet operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 6756 people. To find out more about RadNet Inc contact the company at 310 478 7808 or learn more at https://www.radnet.com.RadNet Quarterly Total Revenue |
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RadNet Inc Investment Alerts
RadNet Inc had very high historical volatility over the last 90 days | |
RadNet Inc currently holds 1.49 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. | |
RadNet Inc has a strong financial position based on the latest SEC filings | |
Over 87.0% of RadNet shares are owned by institutional investors | |
Latest headline from gurufocus.com: RadNet Inc Trading 3.21 percent Higher on Nov 29 |
RadNet Inc Upcoming and Recent Events
27th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
RadNet Largest EPS Surprises
Earnings surprises can significantly impact RadNet's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2013-08-09 | 2013-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2012-08-09 | 2012-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2012-05-10 | 2012-03-31 | 0.02 | 0.01 | -0.01 | 50 |
RadNet Environmental, Social, and Governance (ESG) Scores
RadNet's ESG score is a quantitative measure that evaluates RadNet's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of RadNet's operations that may have significant financial implications and affect RadNet's stock price as well as guide investors towards more socially responsible investments.
RadNet Thematic Classifications
In addition to having RadNet stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Health ManagementHealthcare providers, hospitals |
RadNet Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Millennium Management Llc | 2024-06-30 | 1.1 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.1 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 1 M | Global Alpha Capital Management Ltd. | 2024-06-30 | 994.1 K | Loomis, Sayles & Company Lp | 2024-06-30 | 878.8 K | Alpha Wave Global Lp | 2024-09-30 | 848.4 K | Goldman Sachs Group Inc | 2024-06-30 | 793.2 K | Nuveen Asset Management, Llc | 2024-06-30 | 734.6 K | Clearbridge Advisors, Llc | 2024-09-30 | 734.5 K | Blackrock Inc | 2024-06-30 | 9.6 M | Vanguard Group Inc | 2024-09-30 | 7.4 M |
RadNet Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.11 B.RadNet Profitablity
Last Reported | Projected for Next Year | ||
Return On Capital Employed | 0.04 | 0.05 | |
Return On Equity | 0.00 | 0.01 |
Management Efficiency
RadNet Inc has return on total asset (ROA) of 0.0239 % which means that it generated a profit of $0.0239 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.032 %, meaning that it created $0.032 on every $100 dollars invested by stockholders. RadNet's management efficiency ratios could be used to measure how well RadNet manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0 in 2024. Return On Capital Employed is likely to gain to 0.05 in 2024. At this time, RadNet's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 2.8 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 6.4 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 12.79 | 13.43 | |
Tangible Book Value Per Share | 0.68 | 0.71 | |
Enterprise Value Over EBITDA | 11.47 | 10.78 | |
Price Book Value Ratio | 3.51 | 3.68 | |
Enterprise Value Multiple | 11.47 | 10.78 | |
Price Fair Value | 3.51 | 3.68 | |
Enterprise Value | 3.4 B | 3.5 B |
Leadership effectiveness at RadNet Inc is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.0771 | Profit Margin (0) | Beta 1.751 | Return On Assets 0.0239 | Return On Equity 0.032 |
Technical Drivers
As of the 1st of December, RadNet holds the Semi Deviation of 1.84, coefficient of variation of 843.55, and Risk Adjusted Performance of 0.0983. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RadNet, as well as the relationship between them.RadNet Inc Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. RadNet middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for RadNet Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
RadNet Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific RadNet insiders, such as employees or executives, is commonly permitted as long as it does not rely on RadNet's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases RadNet insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
RadNet Outstanding Bonds
RadNet issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. RadNet Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most RadNet bonds can be classified according to their maturity, which is the date when RadNet Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MPLX LP 52 Corp BondUS55336VAL45 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
RadNet Predictive Daily Indicators
RadNet intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of RadNet stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
RadNet Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 26th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 24th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 11th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
RadNet Forecast Models
RadNet's time-series forecasting models are one of many RadNet's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary RadNet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About RadNet Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how RadNet prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling RadNet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as RadNet. By using and applying RadNet Stock analysis, traders can create a robust methodology for identifying RadNet entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.02 | 0.03 | |
Operating Profit Margin | 0.06 | 0.06 | |
Gross Profit Margin | 0.14 | 0.21 |
Current RadNet Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. RadNet analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. RadNet analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
39.0 | Strong Buy | 6 | Odds |
Most RadNet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand RadNet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of RadNet Inc, talking to its executives and customers, or listening to RadNet conference calls.
RadNet Stock Analysis Indicators
RadNet Inc stock analysis indicators help investors evaluate how RadNet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading RadNet shares will generate the highest return on investment. By understating and applying RadNet stock analysis, traders can identify RadNet position entry and exit signals to maximize returns.
Begin Period Cash Flow | 127.8 M | |
Long Term Debt | 812.1 M | |
Common Stock Shares Outstanding | 64.7 M | |
Total Stockholder Equity | 630.7 M | |
Tax Provision | 10 M | |
Quarterly Earnings Growth Y O Y | -0.84 | |
Property Plant And Equipment Net | 1.2 B | |
Cash And Short Term Investments | 342.6 M | |
Cash | 342.6 M | |
Accounts Payable | 122.9 M | |
Net Debt | 1.1 B | |
50 Day M A | 72.1558 | |
Total Current Liabilities | 437.5 M | |
Other Operating Expenses | 1.5 B | |
Non Current Assets Total | 2.1 B | |
Non Currrent Assets Other | 48 M | |
Stock Based Compensation | 26.8 M |
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.