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RDNT

RDNT - RadNet Inc Stock Price, Fair Value and News

58.46USD-0.29 (-0.49%)Market Closed

Market Summary

RDNT
USD58.46-0.29
Market Closed
-0.49%

RDNT Alerts

  • 7 major insider sales recently.
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

RDNT Stock Price

View Fullscreen

RDNT RSI Chart

RDNT Valuation

Market Cap

4.3B

Price/Earnings (Trailing)

204.06

Price/Sales (Trailing)

2.62

EV/EBITDA

15.26

Price/Free Cashflow

21.14

RDNT Price/Sales (Trailing)

RDNT Profitability

Operating Margin

39.70%

EBT Margin

3.35%

Return on Equity

2.44%

Return on Assets

0.72%

Free Cashflow Yield

4.73%

RDNT Fundamentals

RDNT Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

10.53%

Rev. Growth (Qtr)

2.69%

RDNT Earnings

Earnings (TTM)

21.3M

Earnings Growth (Yr)

86.77%

Earnings Growth (Qtr)

-49.41%

Breaking Down RDNT Revenue

Last 7 days

-3.9%

Last 30 days

3.6%

Last 90 days

32.2%

Trailing 12 Months

95.5%

How does RDNT drawdown profile look like?

RDNT Financial Health

Current Ratio

1.86

RDNT Investor Care

Shares Dilution (1Y)

26.62%

Diluted EPS (TTM)

0.34

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.7B000
20231.5B1.5B1.6B1.6B
20221.3B1.4B1.4B1.4B
20211.1B1.2B1.3B1.3B
20201.2B1.1B1.1B1.1B
20191.0B1.1B1.1B1.2B
2018924.6M938.9M953.5M975.1M
2017897.2M908.6M911.6M922.2M
2016844.7M859.0M875.3M884.5M
2015730.0M755.2M779.5M809.6M
2014698.9M701.5M710.4M717.6M
2013219.3M380.6M541.8M703.0M
201249.2M52.2M55.1M58.1M
201146.3M46.3M46.2M46.2M
20100367.2M206.8M46.3M
2009000527.6M
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Tracking the Latest Insider Buys and Sells of RadNet Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 13, 2024
swartz david l
acquired
-
-
2,591
-
Jun 13, 2024
levitt lawrence l
acquired
-
-
2,591
-
Jun 13, 2024
jacobs laura pastre
acquired
-
-
2,591
-
Jun 13, 2024
spurlock gregory e.
acquired
-
-
2,591
-
Jun 12, 2024
sorensen alma gregory
sold
-623,400
62.34
-10,000
evp, chief science officer
Jun 12, 2024
forthuber stephen m
sold
-2,493,200
62.33
-40,000
pres & coo-eastern operations
Jun 12, 2024
swartz david l
sold
-253,800
62.42
-4,066
-
Jun 11, 2024
sorensen alma gregory
sold
-306,200
61.24
-5,000
evp, chief science officer
Jun 11, 2024
patel mital
gifted
-
-
-500
evp, chief admin officer
Jun 10, 2024
gordon christine nayoma
sold
-91,545
61.03
-1,500
-

1–10 of 50

Which funds bought or sold RDNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 07, 2024
SG Capital Management LLC
reduced
-91.69
-2,624,690
345,535
0.11%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.47
720,000
2,856,000
0.03%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-49.19
-595,679
1,465,590
-%
May 16, 2024
COMERICA BANK
reduced
-8.93
265,605
1,233,220
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
new
-
7,285,520
7,285,520
0.30%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-10.3
573,816
2,820,970
-%
May 16, 2024
8 KNOTS MANAGEMENT, LLC
new
-
20,273,200
20,273,200
2.86%
May 15, 2024
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
reduced
-8.79
9,028,740
41,687,000
2.37%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-11.11
3,741
19,075
-%
May 15, 2024
DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)
new
-
314,441
314,441
-%

1–10 of 46

Are Funds Buying or Selling RDNT?

Are funds buying RDNT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RDNT
No. of Funds

Unveiling RadNet Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
beck mack & oliver llc
4.8%
3,231,407
SC 13G/A
Feb 13, 2024
vanguard group inc
6.27%
4,254,717
SC 13G/A
Jan 23, 2024
blackrock inc.
13.1%
8,894,317
SC 13G/A
Feb 09, 2023
vanguard group inc
6.04%
3,466,238
SC 13G/A
Feb 08, 2023
beck mack & oliver llc
5.6%
3,222,494
SC 13G
Jan 23, 2023
blackrock inc.
12.2%
6,976,634
SC 13G/A
Feb 10, 2022
vanguard group inc
5.89%
3,145,333
SC 13G/A
Jan 27, 2022
blackrock inc.
12.0%
6,410,361
SC 13G/A
Jan 25, 2022
blackrock inc.
12.0%
6,410,361
SC 13G/A
Aug 03, 2021
jb capital partners lp
4.02%
2,117,095
SC 13D/A

Recent SEC filings of RadNet Inc

View All Filings
Date Filed Form Type Document
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
8-K
Current Report
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to RadNet Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
188.8B
23.7B
-1.68% 6.90%
42.89
7.95
-8.94% -35.91%
41.8B
3.7B
-2.91% 8.35%
48.24
11.22
8.57% 23.94%
38.1B
6.6B
-13.67% 9.38%
30.68
5.78
-6.38% -8.07%
15.4B
9.3B
-0.48% 1.64%
18.19
1.66
-3.29% 6.68%
13.6B
1.2B
5.03% 119.60%
-37.23
11.26
39.26% 33.08%
12.2B
2.0B
-1.10% 80.55%
39.07
6.22
25.57% 21.62%
10.9B
4.1B
-8.74% 2.43%
24.62
2.66
0.49% -10.45%
MID-CAP
7.9B
2.5B
-20.78% -54.03%
-32.84
3.11
15.21% 53.51%
3.9B
603.7M
27.46% -17.06%
-8.37
6.39
25.21% 30.68%
3.7B
929.2M
29.79% -12.42%
2.4K
3.96
28.93% 111.61%
SMALL-CAP
760.9M
275.1M
-4.07% 87.20%
-4.15
2.77
-13.93% -126.97%
84.8M
31.1M
0.85% -87.51%
-1.1
2.73
0.95% 19.75%
24.3M
9.0M
-32.76% -33.90%
-1.65
2.7
4.46% 45.80%
521.9K
5.5M
-83.54% -59.85%
-0.04
0.09
-68.52% -143.74%
183.8K
-
-50.00% -94.83%
-0.01
0.01
- -

RadNet Inc News

Latest updates
Defense World11 hours ago

RadNet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.7%432420402404391384350354342333333334315308292191282301293289272
Cost Of Revenue------------------256254247243
Operating Expenses6.1%420396359379384362343335343331300306304288269216290278276267264
EBITDA Margin5.2%0.15*0.14*0.14*0.13*0.13*0.15*0.14*0.15*0.15*0.16*0.17*0.16*---------
Interest Expenses-2.0%16.0017.0016.0016.0016.0015.0012.0011.0012.0012.0012.0012.0013.0012.0011.0011.0012.0011.0012.0012.0012.00
Income Taxes-350.0%-1.861.007.00-0.601.002.002.003.001.003.005.003.002.006.004.00-4.50-4.403.002.003.00-1.20
Earnings Before Taxes-47.3%4.007.0031.0014.00-13.157.009.0017.0010.003.0026.0011.0018.0017.0014.00-13.43-18.3815.007.0011.00-3.15
EBT Margin39.5%0.03*0.02*0.02*0.01*0.01*0.03*0.03*0.04*0.04*0.04*0.06*0.05*---------
Net Income-49.4%-2.78-1.8618.008.00-21.00-0.941.008.003.00-3.8216.003.009.006.006.00-10.59-16.3610.003.005.00-3.73
Net Income Margin581.4%0.01*0.00*0.00*-0.01*-0.01*0.01*0.01*0.02*0.01*0.02*0.03*0.02*---------
Free Cashflow-80.8%17.0089.0025.0062.0027.0048.0021.0059.00-4.9843.0036.0025.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets10.4%2,9702,6902,6882,7052,4142,4342,2472,2412,1422,0582,0422,0321,8291,7871,7181,7171,6991,6471,6181,5971,526
  Current Assets37.4%796579579603343367325319289324340335223270259248280241240234216
    Cash Equivalents53.8%52734333835791.0012895.0099.0071.0013515114131.0010289.0085.0094.0040.0038.0031.0010.00
  Net PPE2.4%6196045775765455665165158.00484452435413399362370376368352353344
  Goodwill2.2%6946796766880.006.0080.0057811.005145035020.00--------
Liabilities0.8%1,8921,8771,8921,9441,9211,9421,7891,7891,7201,7121,7031,7331,5471,5281,4721,4841,4921,4141,4031,3841,313
  Current Liabilities-2.2%428437407434407467409405381375371381403398374382328327310293301
Shareholder's Equity38.4%87363161976149349145845142134633929928125824624.00207233215212214
  Retained Earnings-3.5%-82.36-79.58-77.72-95.26-103-82.62-81.69-82.35-90.26-93.27-89.45-105-108-118-123-130-119-103-113-116-121
  Additional Paid-In Capital34.1%969723715704449436424419410343336325316308306304269263260258256
Shares Outstanding8.7%74.0068.0068.0068.0058.0058.0057.0056.0055.0052.0052.0052.00---------
Minority Interest11.9%20418317716816515814513912311711510297.0093.0089.0085.0084.0081.0080.0079.0078.00
Float----2,100---1,000---1,500---691---577-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-80.8%17,08588,92031,25268,07532,61653,64727,02664,84390149,19641,59430,61728,08463,41638,87890,55240,91321,71938,06817,63526,900
  Share Based Compensation120.1%11,8975,4054,3254,87012,1854,6583,3174,69311,1023,6374,4218,8978,2482,2612,0661,4566,6221,7671,3811,0444,538
Cashflow From Investing-25.3%-60,937-48,647-46,913-40,354-65,556-123,901-27,060-34,424-61,564-62,005-39,848-32,310-87,348-37,964-20,678-12,543-55,059-5,484-17,136-41,650-35,195
Cashflow From Financing743.7%228,298-35,466-3,201238,123-3,821103,585-3,313-3,312-3,313-3,8058,666111,463-11,651-12,066-14,056-87,70168,262-13,754-13,72544,0888,342
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RDNT Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE  
Total service revenue$ 431,707$ 390,564
OPERATING EXPENSES  
Cost of operations, excluding depreciation and amortization387,589351,865
Depreciation and amortization32,36831,315
Loss (gain) on sale and disposal of equipment and other186579
Severance costs225134
Total operating expenses420,368383,893
INCOME FROM OPERATIONS11,3396,671
OTHER INCOME AND EXPENSES  
Interest expense16,26715,722
Equity in earnings of joint ventures(4,324)(1,428)
Non-cash change in fair value of interest rate hedge(1,216)4,093
Other (income) expense(2,934)1,432
Total other expense7,79319,819
INCOME (LOSS) BEFORE INCOME TAXES3,546(13,148)
Benefit from (provision for) income taxes1,864(1,135)
NET INCOME (LOSS)5,410(14,283)
Net income attributable to noncontrolling interests8,1896,722
NET LOSS ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS$ (2,779)$ (21,005)
BASIC NET LOSS PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS, Basic (in dollars per share)$ (0.04)$ (0.36)
BASIC NET LOSS PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS, Diluted (in dollars per share)$ (0.04)$ (0.36)
WEIGHTED AVERAGE SHARES OUTSTANDING  
Basic (in shares)69,307,07857,701,439
Diluted (in shares)69,307,07857,701,439
Service fee revenue  
REVENUE  
Total service revenue$ 397,189$ 352,420
Revenue under capitation arrangements  
REVENUE  
Total service revenue$ 34,518$ 38,144

RDNT Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS  
Cash and cash equivalents$ 526,980$ 342,570
Accounts receivable189,572163,707
Prepaid expenses and other current assets45,00747,657
Total current assets795,828579,276
PROPERTY, EQUIPMENT AND RIGHT-OF-USE ASSETS  
Property and equipment, net618,926604,401
Operating lease right-of-use assets621,612596,032
Total property, equipment and right-of-use assets1,240,5381,200,433
OTHER ASSETS  
Goodwill694,292679,463
Other intangible assets86,88390,615
Deferred financing costs1,4831,643
Investment in joint ventures97,03492,710
Deposits and other53,49746,333
Total assets2,969,5552,690,473
CURRENT LIABILITIES  
Accounts payable, accrued expenses and other324,578342,940
Deferred revenue4,4754,647
Current operating lease liability58,13855,981
Current portion of notes payable20,20217,974
Total current liabilities427,887437,452
LONG-TERM LIABILITIES  
Long-term operating lease liability630,348605,097
Notes payable, net of current portion814,442812,068
Deferred tax liability, net14,47915,776
Other non-current liabilities5,0746,721
Total liabilities1,892,2301,877,114
EQUITY  
Common stock - $0.0001 par value, 200,000,000 shares authorized; 73,901,654 and 67,956,318 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively77
Additional paid-in-capital969,248722,750
Accumulated other comprehensive loss(13,943)(12,484)
Accumulated deficit(82,357)(79,578)
Total RadNet, Inc.'s stockholders' equity872,955630,695
Noncontrolling interests204,370182,664
Total equity1,077,325813,359
Total liabilities and equity2,969,5552,690,473
Affiliates  
CURRENT ASSETS  
Due from affiliates34,26925,342
CURRENT LIABILITIES  
Due to affiliates$ 20,494$ 15,910
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.
 CEO
 WEBSITEradnet.com
 INDUSTRYDiagnostics & Research
 EMPLOYEES9000

RadNet Inc Frequently Asked Questions


What is the ticker symbol for RadNet Inc? What does RDNT stand for in stocks?

RDNT is the stock ticker symbol of RadNet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of RadNet Inc (RDNT)?

As of Thu Jun 13 2024, market cap of RadNet Inc is 4.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RDNT stock?

You can check RDNT's fair value in chart for subscribers.

What is the fair value of RDNT stock?

You can check RDNT's fair value in chart for subscribers. The fair value of RadNet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of RadNet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RDNT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is RadNet Inc a good stock to buy?

The fair value guage provides a quick view whether RDNT is over valued or under valued. Whether RadNet Inc is cheap or expensive depends on the assumptions which impact RadNet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RDNT.

What is RadNet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 13 2024, RDNT's PE ratio (Price to Earnings) is 204.06 and Price to Sales (PS) ratio is 2.62. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RDNT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on RadNet Inc's stock?

In the past 10 years, RadNet Inc has provided 0.233 (multiply by 100 for percentage) rate of return.