NASDAQ:RDNT RadNet (RDNT) Stock Price, News & Analysis $62.41 -0.78 (-1.23%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$60.00▼$67.9350-Day Range$55.28▼$66.2952-Week Range$25.11▼$67.93Volume835,151 shsAverage Volume544,076 shsMarket Capitalization$4.61 billionP/E Ratio208.03Dividend YieldN/APrice Target$71.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get RadNet alerts: Email Address RadNet MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.8% Upside$71.00 Price TargetShort InterestBearish4.11% of Shares Sold ShortDividend StrengthN/ASustainability-0.52Upright™ Environmental ScoreNews Sentiment0.80Based on 8 Articles This WeekInsider TradingSelling Shares$7.06 M Sold Last QuarterProj. Earnings Growth10.34%From $0.58 to $0.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.03 out of 5 starsMedical Sector170th out of 910 stocksMedical Laboratories Industry7th out of 18 stocks 2.5 Analyst's Opinion Consensus RatingRadNet has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageRadNet has only been the subject of 3 research reports in the past 90 days.Read more about RadNet's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.11% of the outstanding shares of RadNet have been sold short.Short Interest Ratio / Days to CoverRadNet has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in RadNet has recently increased by 1.67%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldRadNet does not currently pay a dividend.Dividend GrowthRadNet does not have a long track record of dividend growth. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRadNet has received a 72.34% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Mammography services ", "Nuclear medicine imaging services", and "MRI services" products. See details.Environmental SustainabilityThe Environmental Impact score for RadNet is -0.52. Previous Next 3.8 News and Social Media Coverage News SentimentRadNet has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for RadNet this week, compared to 4 articles on an average week.Search Interest6 people have searched for RDNT on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows6 people have added RadNet to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RadNet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,063,216.00 in company stock.Percentage Held by InsidersOnly 5.12% of the stock of RadNet is held by insiders.Percentage Held by Institutions77.90% of the stock of RadNet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about RadNet's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for RadNet are expected to grow by 10.34% in the coming year, from $0.58 to $0.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RadNet is 208.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of RadNet is 208.03, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 115.64.Price to Book Value per Share RatioRadNet has a P/B Ratio of 4.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about RadNet's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.Click here for the ticker >>> About RadNet Stock (NASDAQ:RDNT)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.Read More RDNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDNT Stock News HeadlinesAugust 23, 2024 | insidertrades.comRadNet, Inc. (NASDAQ:RDNT) EVP Michael N. Murdock Sells 15,000 SharesSeptember 5 at 9:35 PM | finance.yahoo.comRadNet’s DeepHealth and HOPPR Forge Partnership to Advance AI in HealthcareSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 5 at 6:00 AM | globenewswire.comRadNet's DeepHealth and HOPPR Forge Partnership to Advance AI in HealthcareSeptember 3, 2024 | globenewswire.comRadNet, Inc. to Present at the Morgan Stanley 22nd Annual Global Healthcare Conference on Thursday, September 5th, 2024August 28, 2024 | americanbankingnews.comInsider Selling: RadNet, Inc. (NASDAQ:RDNT) EVP Sells $941,700.00 in StockAugust 23, 2024 | seekingalpha.comRadNet: Growth In Operating Earnings Off Very Little Incremental CapitalAugust 23, 2024 | finance.yahoo.comInsider Sale: EVP of Mergers and Acquisitions Michael Murdock Sells 15,000 Shares of RadNet Inc ...September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 23, 2024 | benzinga.comEVP Of RadNet Sold $941K In StockAugust 22, 2024 | markets.businessinsider.comTruist Financial Sticks to Its Buy Rating for Radnet (RDNT)August 17, 2024 | finance.yahoo.comRadNet's (NASDAQ:RDNT) Promising Earnings May Rest On Soft FoundationsAugust 12, 2024 | msn.comJim Cramer on RadNet, Inc. (RDNT): “Quite a Good Story”August 11, 2024 | uk.finance.yahoo.comRadNet, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAugust 9, 2024 | seekingalpha.comRadNet, Inc. (RDNT) Q2 2024 Earnings Call TranscriptAugust 9, 2024 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on Radnet (RDNT)August 9, 2024 | benzinga.comCracking The Code: Understanding Analyst Reviews For RadNetAugust 9, 2024 | msn.comRadNet, Inc. (NASDAQ:RDNT) Q2 2024 Earnings Call TranscriptSee More Headlines Receive RDNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RadNet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/07/2024Today9/07/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Medical laboratories Sub-IndustryN/A Current SymbolNASDAQ:RDNT CUSIPN/A CIK790526 Webwww.radnet.com Phone(310) 445-2800Fax310-445-2980Employees10,288Year Founded1980Price Target and Rating Average Stock Price Target$71.00 High Stock Price Target$79.00 Low Stock Price Target$60.00 Potential Upside/Downside+13.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio208.03 Forward P/E Ratio107.60 P/E GrowthN/ANet Income$3.04 million Net Margins0.58% Pretax Margin2.97% Return on Equity4.30% Return on Assets1.40% Debt Debt-to-Equity Ratio0.92 Current Ratio2.12 Quick Ratio2.12 Sales & Book Value Annual Sales$1.71 billion Price / Sales2.69 Cash Flow$3.14 per share Price / Cash Flow19.90 Book Value$14.78 per share Price / Book4.22Miscellaneous Outstanding Shares73,880,000Free Float70,097,000Market Cap$4.61 billion OptionableOptionable Beta1.74 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesDr. Howard G. Berger M.D. (Age 78)Chairman, President & CEO Comp: $5.56MMr. Mark D. Stolper (Age 53)Executive VP & CFO Comp: $1.13MMr. Mital Patel (Age 38)Executive VP of Financial Planning & Analysis and Chief Administrative Officer Comp: $1.15MMr. Norman R. Hames (Age 68)President & COO of Western Operations Comp: $1.28MMr. Stephen M. Forthuber (Age 63)President & COO of Eastern Operations Comp: $1.3MMs. Christine Nayoma Gordon (Age 60)Senior VP of Operations - Northern California & Director Comp: $384.38kMr. Ranjan Jayanathan (Age 68)Executive VP, Chief Information Officer & GM of eRAD - Radiology Information Technology Division Dr. A. Gregory Sorensen M.D. (Age 62)Executive VP, Chief Science Officer & Director Ms. Laura Foster BSRTMPH, J.D., Senior Vice President of Compliance & Regulatory AffairsMr. David Jeffrey Katz (Age 59)Executive VP, Chief Legal Officer & Corporate Secretary More ExecutivesKey CompetitorsGenetronNASDAQ:GTHQuest DiagnosticsNYSE:DGXNateraNASDAQ:NTRAExact SciencesNASDAQ:EXASGuardant HealthNASDAQ:GHView All CompetitorsInsiders & InstitutionsClearbridge Investments LLCBought 185,523 shares on 8/27/2024Ownership: 0.992%Teachers Retirement System of The State of KentuckySold 6,501 shares on 8/26/2024Ownership: 0.071%Michael N MurdockSold 15,000 sharesTotal: $941,700.00 ($62.78/share)Creative PlanningBought 7,662 shares on 8/16/2024Ownership: 0.010%Algert Global LLCBought 6,311 shares on 8/16/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions RDNT Stock Analysis - Frequently Asked Questions How have RDNT shares performed this year? RadNet's stock was trading at $34.77 at the beginning of 2024. Since then, RDNT stock has increased by 79.5% and is now trading at $62.41. View the best growth stocks for 2024 here. How were RadNet's earnings last quarter? RadNet, Inc. (NASDAQ:RDNT) posted its quarterly earnings results on Wednesday, August, 7th. The medical research company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.01. The firm's revenue for the quarter was up 13.9% on a year-over-year basis. What is Howard G. Berger's approval rating as RadNet's CEO? 174 employees have rated RadNet Chief Executive Officer Howard G. Berger on Glassdoor.com. Howard G. Berger has an approval rating of 45% among the company's employees. This puts Howard G. Berger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are RadNet's major shareholders? RadNet's top institutional shareholders include Dimensional Fund Advisors LP (2.37%), Principal Financial Group Inc. (1.88%), Hood River Capital Management LLC (1.52%) and Allspring Global Investments Holdings LLC (1.37%). Insiders that own company stock include Alma Gregory Sorensen, Norman R Hames, David L Swartz, Lawrence L Levitt, Mark Stolper, David Jeffrey Katz, Michael N Murdock, Christine Nayoma Gordon and Gregory E Spurlock. View institutional ownership trends. How do I buy shares of RadNet? Shares of RDNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of RadNet own? Based on aggregate information from My MarketBeat watchlists, some other companies that RadNet investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), OPKO Health (OPK), Boeing (BA) and Rigel Pharmaceuticals (RIGL). This page (NASDAQ:RDNT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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