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RadNet Inc (RDNT)

NASDAQ
Currency in USD
82.85
+1.09(+1.33%)
Closed
Pre Market
82.99+0.14(+0.17%)
RDNT Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
81.9684.06
52 wk Range
33.4493.65
Key Statistics
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Prev. Close
82.85
Open
82.95
Day's Range
81.96-84.06
52 wk Range
33.44-93.65
Volume
390.43K
Average Volume (3m)
571.99K
1-Year Change
140.01%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Upsidepro lock
Price Target
89.17
Upside
+7.63%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings downwards for the upcoming period
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RadNet Inc Company Profile

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.

RadNet Inc SWOT Analysis


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.
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RadNet Inc Earnings Call Summary for Q3/2024

  • RadNet reports 13.9% revenue increase to $459.7M, with 19.7% growth in Adjusted EBITDA to $72.3M in Q2 2024
  • Imaging Center revenue up 13.2%, Digital Health revenue up 36.4%; two acquisitions in Houston and expanded joint venture with Dignity Health
  • Company revises 2024 guidance upward for revenue, adjusted EBITDA, and free cash flow; plans 15 new centers in 2025
  • Focus on AI integration, DeepHealth OS development, and health system partnerships for future growth
  • Potential $6-8M revenue hit from proposed 2025 Medicare cuts; labor costs remain a challenge despite cost control efforts
Last Updated: 2024-08-09, 11:52 a/m
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Compare RDNT to Peers and Sector

Metrics to compare
RDNT
Peers
Sector
Relationship
P/E Ratio
−1,390.1x−0.4x−0.7x
PEG Ratio
6.85−0.010.00
Price/Book
6.9x1.0x2.6x
Price / LTM Sales
3.5x0.7x3.2x
Upside (Analyst Target)
8.6%86.1%43.2%
Fair Value Upside
Unlock25.5%6.8%Unlock

Analysts' Recommendations

6 Buy
0 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 89.17

(+7.62% Upside)

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FAQ

What Is the RadNet (RDNT) Stock Price Today?

The RadNet stock price today is 82.85

What Stock Exchange Does RadNet Trade On?

RadNet is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for RadNet?

The stock symbol for RadNet is "RDNT."

What Is the RadNet Market Cap?

As of today, RadNet market cap is 6.13B.

What is RadNet Earnings Per Share?

The RadNet EPS is -0.062.

What Is the Next RadNet Earnings Date?

RadNet will release its next earnings report on Mar 04, 2025.
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