RadNet Inc (RDNT)

NASDAQ
Currency in USD
60.65
-5.00(-7.62%)
Real-time Data
RDNT Scorecard
Full Analysis
Net income is expected to grow this year
Unusual trading volume
Fair Value
Day's Range
57.9467.47
52 wk Range
35.1693.65
Key Statistics
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Prev. Close
65.65
Open
66.87
Day's Range
57.94-67.47
52 wk Range
35.16-93.65
Volume
1.71M
Average Volume (3m)
523.24K
1-Year Change
81.15%
Book Value / Share
12.11
Fair Value
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Fair Value Upside
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RDNT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
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Price Target
89.83
Upside
+48.12%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in oversold territory
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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-Driven Revolution
Explore RadNet's integration of AI in diagnostic imaging, positioning it as a frontrunner in healthcare technology and potentially reducing administrative costs by 25%
Financial Projections
RadNet's EPS estimates for FY 2025 and 2026 are $0.35 and $0.58 respectively, with analysts maintaining an optimistic view despite recent AI revenue decline
Market Dominance
As the largest U.S. radiology business, RadNet leverages its extensive network and early AI adoption to maintain a competitive edge in speed and integration capabilities
Future Growth Catalysts
Delve into RadNet's AI-powered cancer screening tools, which show promise for increased adoption and favorable reimbursement policies, opening new revenue streams
Read full SWOT analysis

RadNet Inc Earnings Call Summary for Q2/2024

  • 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: 08/09/2024, 11:54 PM
Read Full Transcript

Compare RDNT to Peers and Sector

Metrics to compare
RDNT
Peers
Sector
Relationship
P/E Ratio
−1,040.3x−0.8x−0.6x
PEG Ratio
5.49−0.010.00
Price/Book
5.1x0.8x2.6x
Price / LTM Sales
2.6x0.6x3.1x
Upside (Analyst Target)
35.4%56.1%55.2%
Fair Value Upside
Unlock30.1%9.8%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 89.83

(+48.12% Upside)

Earnings

Latest Release
Nov 10, 2024
EPS / Forecast
0.04 / 0.1358
Revenue / Forecast
461.14M / 433.91M
EPS Revisions
Last 90 days

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FAQ

What Is the RadNet (RDNT) Stock Price Today?

The RadNet stock price today is 60.65

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 4.49B.

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 03, 2025.

From a Technical Analysis Perspective, Is RDNT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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