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RDNT - RadNet Inc Share Price

$14.96 -0.4  -2.9%

Last Trade - 09/07/20

Sector
Healthcare
Size
Mid Cap
Market Cap £615.6m
Enterprise Value £1.22bn
Revenue £923.3m
Position in Universe 2511th / 6348
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -15.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -34.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
717.6 809.6 884.5 922.2 975.1 1,154 1,014 1,201 +10.0%
+350.1 -46.9 +70.0 +38.2 +160.9 -49.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, RadNet Inc. revenues increased 4% to $281.6M. Net loss increased from $3.7M to $16.4M. Revenues reflect Service Fee Revenue increase of 2% to $248.3M, Revenue under capitation arrangements increase of 15% to $33.2M. Higher net loss reflects Depreciation and amortization increase of 12% to $21.9M (expense), Building and equipment rental increase of 6% to $26.9M (expense).
Health Trend(F-Score)
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Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

RadNet, Inc. is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. As of December 31, 2016, the Company operated directly or indirectly through joint ventures, 305 centers located in California, Delaware, Florida, Maryland, New Jersey, New York and Rhode Island. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Its services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. As of December 31, 2016, the Company had in operation 257 MRI systems, 157 CT systems, 47 PET or combination PET/CT systems, 48 nuclear medicine systems, 479 X-ray systems, 279 mammography systems, 551 ultrasound systems and 104 fluoroscopy systems.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated June 19, 2008
Public Since February 26, 1991
No. of Shareholders: n/a
No. of Employees: 6,165
Sector Healthcare
Industry Healthcare Providers & Services
Index Nasdaq Composite , S&P 600 Small Cap , S&P Composite 1500 ,
Exchange NASDAQ Global Market
Shares in Issue 50,399,675
Free Float (0.0%)
Eligible for
ISAs
SIPPs
RDNT Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
Avg Volume
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Latest News for RDNT
Upcoming Events for RDNT
Thursday 6th August, 2020 Estimate
Q2 2020 RadNet Inc Earnings Release
Tuesday 10th November, 2020 Estimate
Q3 2020 RadNet Inc Earnings Release
Frequently Asked Questions for RadNet Inc
What is the RadNet Inc share price?

As of 09/07/20, shares in RadNet Inc are trading at $14.96, giving the company a market capitalisation of £615.6m. This share price information is delayed by 15 minutes.

How has the RadNet Inc share price performed this year?

Shares in RadNet Inc are currently trading at $14.96 and the price has moved by 10.63% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the RadNet Inc price has moved by 5.28% over the past year.

What are the analyst and broker recommendations for RadNet Inc?

Of the analysts with advisory recommendations for RadNet Inc, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for RadNet Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will RadNet Inc next release its financial results?

RadNet Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the RadNet Inc dividend yield?

RadNet Inc does not currently pay a dividend.

Does RadNet Inc pay a dividend?

RadNet Inc does not currently pay a dividend.

When does RadNet Inc next pay dividends?

RadNet Inc does not currently pay a dividend.

How do I buy RadNet Inc shares?

To buy shares in RadNet Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of RadNet Inc?

Shares in RadNet Inc are currently trading at $14.96, giving the company a market capitalisation of £615.6m.

Where are RadNet Inc shares listed? Where are RadNet Inc shares listed?

Here are the trading details for RadNet Inc:

Country of listing: United States
Exchange: NMQ
Ticker Symbol: RDNT
What kind of share is RadNet Inc?

Based on an overall assessment of its quality, value and momentum, RadNet Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a RadNet Inc share price forecast 2020?

Shares in RadNet Inc are currently priced at $14.96. At that level they are trading at 33.12% discount to the analyst consensus target price of 0.00.

Analysts covering RadNet Inc currently have a consensus Earnings Per Share (EPS) forecast of -0.61 for the next financial year.

How can I tell whether the RadNet Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like RadNet Inc. Over the past six months, the relative strength of its shares against the market has been -20.58%. At the current price of $14.96, shares in RadNet Inc are trading at -7.82% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the RadNet Inc PE Ratio?

The RadNet Inc PE ratio based on its reported earnings over the past 12 months is 0.142k. The shares are currently trading at $14.96.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of RadNet Inc?

RadNet Inc's management team is headed by:

Howard Berger - CHM
Norman Hames - CEX
John Crues - VPR
David Swartz - LED
Mark Stolper - CFO
Lawrence Levitt - IND
Marvin Cadwell - IND
Michael Sherman - IND
Stephen Forthuber - CEX
Michael Murdock - EVP
Mital Patel - EVF
Ruth Wilson - SVP
David Katz - EVP
Who are the major shareholders of RadNet Inc?

Here are the top five shareholders of RadNet Inc based on the size of their shareholding:

BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 11.66% (5.88m shares)
Kaminsky (Sandy Nyholm) Individual Investor
Percentage owned: 10.67% (5.38m shares)
JB Capital Partners, L.P. Hedge Fund
Percentage owned: 6.59% (3.32m shares)
iShares Core S&P Small-Cap ETF Mutual Fund
Percentage owned: 5.14% (2.59m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 5.13% (2.58m shares)
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