RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company operates in two segments: Imaging Centers and Artificial Intelligence. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems that distribute, display, store, and retrieve digital images; offers picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of breast, lung, and prostate images, as well as AI solutions for prostate cancer screening. RadNet, Inc. was founded in 1981 and is headquartered in Los Angeles, California.
AI Revolution | Explore RadNet's strategic integration of AI technology, positioning it as a pioneer in the healthcare imaging sector and driving significant operational efficiencies. |
Financial Strength | RadNet's Q1 2024 performance exceeded expectations, with strong revenue growth and favorable reimbursement rates indicating robust demand for its services. |
Market Leadership | Delve into RadNet's position as the largest outpatient diagnostic imaging provider in the US, leveraging its scale for competitive advantages and cost efficiencies. |
Future Prospects | Analysts project EPS of $0.28 for FY1 and $0.45 for FY2, with a recent price target of $79 set by Barclays, suggesting significant upside potential. |
Metrics to compare | RDNT | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipRDNTPeersSector | |
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P/E Ratio | −1,390.1x | −0.4x | −0.7x | |
PEG Ratio | 6.85 | −0.01 | 0.00 | |
Price/Book | 6.9x | 1.0x | 2.6x | |
Price / LTM Sales | 3.5x | 0.7x | 3.2x | |
Upside (Analyst Target) | 8.6% | 86.1% | 43.2% | |
Fair Value Upside | Unlock | 25.5% | 6.8% | Unlock |