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RDNT

RadNet Inc

RDNT

35.82USD-0.66 (-1.81%)Delayed as of 07 Dec 2023, 03:12 pm
Watchlist

Market Summary

USD35.82-0.66
Delayedas of 07 Dec 2023, 03:12 pm
-1.81%

RDNT Alerts

  • Big jump in Earnings (Y/Y)

RDNT Stock Price

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RDNT RSI Chart

RDNT Valuation

Market Cap

2.5B

Price/Earnings (Trailing)

623.69

Price/Sales (Trailing)

1.57

EV/EBITDA

9.33

Price/Free Cashflow

13.34

RDNT Price/Sales (Trailing)

RDNT Profitability

EBT Margin

1.35%

Return on Equity

-4.08%

Return on Assets

-0.55%

Free Cashflow Yield

7.5%

RDNT Fundamentals

RDNT Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

14.83%

Revenue Q/Q

-0.43%

RDNT Earnings

Earnings (TTM)

4.0M

Earnings Y/Y

2.5K%

Earnings Q/Q

109.58%

Price Action

52 Week Range

17.8236.72
(Low)(High)

Last 7 days

10.9%

Last 30 days

27.9%

Last 90 days

18.7%

Trailing 12 Months

76.0%

How does RDNT drawdown profile look like?

RDNT Financial Health

Current Ratio

0.84

RDNT Investor Care

Shares Dilution (1Y)

18.43%

Diluted EPS (TTM)

-0.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.5B1.5B1.6B0
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
2010407.3M287.0M166.6M46.3M
2009000527.6M

Latest Insider Trading transactions for RDNT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 27, 2023
gordon christine nayoma
sold
-97,200
32.4
-3,000
-
Nov 20, 2023
murdock michael n
gifted
-
-
-5,000
evp mergers and acquisitions
Jun 08, 2023
hames norman r
sold
-311,200
31.12
-10,000
pres and coo-west operations
Jun 07, 2023
levitt lawrence l
acquired
-
-
4,066
-
Jun 07, 2023
spurlock gregory e.
acquired
-
-
4,066
-
Jun 07, 2023
hames norman r
sold
-463,800
30.92
-15,000
pres and coo-west operations
Jun 07, 2023
swartz david l
acquired
-
-
4,066
-
Jun 07, 2023
jacobs laura pastre
acquired
-
-
4,066
-
Jun 06, 2023
hames norman r
sold
-622,200
31.11
-20,000
pres and coo-west operations
Jun 02, 2023
hames norman r
acquired
358,329
6.14566
58,306
pres and coo-west operations

1–10 of 50

Which funds bought or sold RDNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Nov 27, 2023
USA FINANCIAL FORMULAS
new
-
5,441
5,441
0.01%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-3.71
-3,079,040
15,261,200
0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
123,000
-%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-26.79
-1,220,070
2,101,620
0.01%
Nov 21, 2023
Walleye Trading LLC
reduced
-36.78
-30,498
36,732
-%
Nov 21, 2023
COMERICA BANK
new
-
784,894
784,894
-%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
new
-
265
265
-%
Nov 16, 2023
Tamarack Advisers, LP
sold off
-100
-4,566,800
-
-%
Nov 15, 2023
Virtu Financial LLC
sold off
-100
-427,000
-
-%
Nov 15, 2023
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-6.4
-4,000
14,000
-%

1–10 of 41

Latest Funds Activity

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

Schedule 13G FIlings of RadNet Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2021
vanguard group inc
5.18%
2,673,250
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A
Jan 27, 2021
blackrock inc.
12.7%
6,540,626
SC 13G/A

Recent SEC filings of RadNet Inc

View All Filings
Date Filed Form Type Document
Dec 05, 2023
144
Notice of Insider Sale Intent
Nov 28, 2023
4
Insider Trading
Nov 20, 2023
4
Insider Trading
Nov 13, 2023
8-K
Current Report
Nov 09, 2023
10-Q
Quarterly Report

RDNT Fair Value

Loading...

Peers (Alternatives to RadNet Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
163.2B
29.6B
12.94% -16.78%
27.58
5.52
-5.39% -12.54%
43.3B
3.6B
23.29% 25.56%
52.66
12.08
7.43% 22.86%
37.8B
7.0B
20.00% -14.74%
33.37
5.41
5.03% -14.68%
15.1B
9.3B
0.81% -9.39%
19.81
1.63
-9.69% -38.22%
11.8B
2.4B
-0.06% 41.10%
-41.76
4.9
19.99% 60.62%
MID-CAP
10.3B
4.2B
10.65% -4.98%
21.68
2.44
11.49% 8.84%
8.5B
1.8B
3.40% 36.73%
31.26
4.79
29.62% 20.49%
6.9B
988.7M
34.39% 49.28%
-13.8
6.97
27.41% 8.51%
3.9B
919.1M
13.84% 16.34%
-146.51
4.24
73.02% -172.93%
3.0B
535.8M
-7.21% -48.01%
-7.02
5.66
24.38% 26.34%
SMALL-CAP
522.0M
297.1M
48.77% -26.91%
-5.77
1.76
-6.74% -21.60%
72.2M
21.4M
-81.57% -93.66%
-0.63
3.37
-8.80% -39.66%
28.4M
9.2M
-30.15% -40.72%
-1.61
3.09
16.43% 48.38%
14.3M
16.1M
27.59% -22.38%
-2.03
0.89
-8.51% 41.77%
144.4K
-
-82.76% -93.43%
0
0.76
-57.78% -93.13%

RadNet Inc News

Latest updates
SETE News07 Dec 202305:16 pm3 hours ago
InvestorsObserver06 Dec 202304:35 pm28 hours ago
Investing.com UK06 Dec 202302:08 pm30 hours ago
Best Stocks05 Dec 202312:26 pm2 days ago
Defense World05 Dec 202310:26 am2 days ago
Nasdaq04 Dec 202303:53 pm3 days ago
Simply Wall St04 Dec 202311:18 am3 days ago
Stocks Register02 Dec 202304:00 pm5 days ago
Defense World30 Nov 202309:43 am7 days ago
Marketscreener.com27 Nov 202311:05 am10 days ago
GlobeNewswire27 Nov 202311:01 am10 days ago
GuruFocus.com20 Nov 202308:00 am17 days ago
Marketscreener.com15 Nov 202311:03 am22 days ago
Nasdaq12 Nov 202308:00 am25 days ago
Yahoo Finance10 Nov 202308:00 am27 days ago

Financials for RadNet Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-0.4%402404391384350354342333333334315308292191282301293289272257242
Cost Of Revenue----------------256254247243233209
Operating Expenses-5.4%359379384362343335343331300306304288269216290278276267264258226
EBITDA Margin---0.13*0.15*0.14*0.15*0.15*0.16*0.17*0.16*0.15*0.12*0.12*0.11*0.12*0.14*-----
Interest Expenses0.5%16.0016.0016.0015.0012.0011.0012.0012.0012.0012.0013.0012.0011.0011.0012.0011.0012.0012.0012.0012.0011.00
Income Taxes1272.6%7.00-0.611.002.002.003.001.003.005.003.002.006.004.00-4.47-4.403.002.003.00-1.23-2.443.00
Earnings Before Taxes124.4%31.0014.00-13.157.009.0017.0010.003.0026.0011.0018.0017.0014.00-13.43-18.3815.007.0011.00-3.1529.009.00
EBT Margin---0.01*0.03*0.03*0.04*0.04*0.04*0.06*0.05*0.03*0.00*0.00*-0.01*0.01*0.03*-----
Net Income109.6%18.008.00-21.00-0.941.008.003.00-3.8216.003.009.006.006.00-10.59-16.3610.003.005.00-3.7329.005.00
Net Income Margin----0.01*0.01*0.01*0.02*0.01*0.02*0.03*0.02*0.01*-0.01*-0.01*-0.01*0.00*0.01*-----
Free Cashflow---33.0054.0027.0065.001.0049.0042.0031.0022.0058.0033.0085.0035.0016.00-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-0.6%2,6882,7052,4142,4342,2472,2412,1422,0582,0422,0321,8291,7871,7181,7171,6991,6471,6181,5971,5261,109911
  Current Assets-4.0%579603343367325319289324340335223270259248280241240234216209227
    Cash Equivalents-5.3%33835791.0012895.0099.0071.0013515114131.0010289.0085.0094.0040.0038.0031.0010.0010.0027.00
  Net PPE0.2%577576545566516515489484452435413399362370376368352353344346286
  Goodwill-1.7%6766880.0067880.005785705145035020.00473471--------
Liabilities-2.7%1,8921,9441,9211,9421,7891,7891,7201,7121,7031,7331,5471,5281,4721,4841,4921,4141,4031,3841,313909789
  Current Liabilities-6.3%407434407467409405381375371381403398374382328327310293301240203
Shareholder's Equity34.2%796593493333313451421346339299281258246233207233215212214200121
  Retained Earnings18.4%-77.72-95.26-103-82.62-81.69-82.35-90.26-93.27-89.45-105-108-118-123-130-119-103-113-116-121-117-147
  Additional Paid-In Capital1.6%715704449436424419410343336325316308306304269263260258256243237
Shares Outstanding0.3%68.0068.0058.0058.0057.0056.0055.0054.0053.0052.0052.0052.0051.0051.0050.0050.0050.0050.0050.0049.0048.00
Minority Interest5.6%17716816515814513912311711510297.0093.0089.0085.0084.0081.0080.0079.0078.0073.0027.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-54.1%31,25268,07532,61653,64727,02664,84390149,19641,59430,61728,08463,41638,87890,55240,91321,71938,06817,63526,90028,89640,910
  Share Based Compensation-11.2%4,3254,87012,1854,6583,3174,69311,1023,6374,4218,8978,2482,2612,0661,4566,6221,7671,3811,0444,5381,1051,667
Cashflow From Investing-16.3%-46,913-40,354-65,556-123,901-27,060-34,424-61,564-62,005-39,848-32,310-87,348-37,964-20,678-12,543-55,059-5,484-17,136-41,650-35,195-65,148-20,498
Cashflow From Financing-101.3%-3,201238,123-3,821103,585-3,313-3,312-3,313-3,8058,666111,463-11,651-12,066-14,056-87,70168,262-13,754-13,72544,0888,34219,418-9,441

RDNT Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUE    
Total service revenue$ 401,968$ 350,044$ 1,196,247$ 1,046,185
OPERATING EXPENSES    
Cost of operations, excluding depreciation and amortization341,635313,9431,038,647934,757
Depreciation and amortization32,21029,22995,70585,209
(Gain) on contribution of imaging centers into joint venture(16,808)0(16,808)0
Loss (gain) on sale and disposal of equipment and other527(247)1,183962
Severance costs1,1531953,157496
Total operating expenses358,717343,1201,121,8841,021,424
INCOME (LOSS) FROM OPERATIONS43,2516,92474,36324,761
OTHER INCOME AND EXPENSES    
Interest expense16,11512,42047,87635,398
Equity in earnings of joint ventures(1,084)(3,085)(3,935)(8,350)
Non-cash change in fair value of interest rate hedge1,015(12,451)949(39,576)
Other (income) expenses(4,081)1,405(2,609)1,562
Total other expense (income)11,965(1,711)42,281(10,966)
INCOME (LOSS) BEFORE INCOME TAXES31,2868,63532,08235,727
(Provision for) Benefit from income taxes(7,220)(2,188)(7,741)(7,087)
NET INCOME (LOSS)24,0666,44724,34128,640
Net income attributable to noncontrolling interests6,5265,77919,43717,055
NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS$ 17,540$ 668$ 4,904$ 11,585
BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share)$ 0.26$ 0.01$ 0.08$ 0.21
DILUTED NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share)$ 0.25$ 0.01$ 0.08$ 0.19
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares)67,793,40456,744,41962,113,70756,041,017
Diluted (in shares)68,809,81857,651,76163,221,25157,036,417
Service fee revenue    
REVENUE    
Total service revenue$ 361,927$ 312,043$ 1,078,265$ 931,819
Revenue under capitation arrangements    
REVENUE    
Total service revenue$ 40,041$ 38,001$ 117,982$ 114,366

RDNT Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 337,884$ 127,834
Accounts receivable167,736166,357
Prepaid expenses and other current assets48,20454,022
Total current assets578,672367,184
PROPERTY, EQUIPMENT AND RIGHT-OF-USE ASSETS  
Property and equipment, net577,227565,961
Operating lease right-of-use assets613,164603,524
Total property, equipment and right-of-use assets1,190,3911,169,485
OTHER ASSETS  
Goodwill676,376677,665
Other intangible assets91,833106,228
Deferred financing costs1,8032,280
Investment in joint ventures94,47257,893
Deposits and other54,47853,172
Total assets2,688,0252,433,907
CURRENT LIABILITIES  
Accounts payable, accrued expenses and other302,086369,595
Deferred revenue5,1764,021
Current operating lease liability59,32457,607
Current portion of notes payable16,04312,400
Total current liabilities407,077466,723
LONG-TERM LIABILITIES  
Long-term operating lease liability614,038604,117
Notes payable, net of current portion844,302839,344
Deferred tax liability, net16,6459,256
Other non-current liabilities9,80523,015
Total liabilities1,891,8671,942,455
EQUITY  
Common stock - $0.0001 par value, 200,000,000 shares authorized; 67,848,209 and 57,723,125 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively76
Additional paid-in-capital714,910436,288
Accumulated other comprehensive loss(18,297)(20,677)
Accumulated deficit(77,719)(82,622)
Total RadNet, Inc.'s stockholders' equity618,901332,995
Noncontrolling interests177,257158,457
Total equity796,158491,452
Total liabilities and equity2,688,0252,433,907
Affiliates  
CURRENT ASSETS  
Due from affiliates24,84818,971
CURRENT LIABILITIES  
Due to affiliates$ 24,448$ 23,100
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
 WEBSITEwww.radnet.com
 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 Wed Dec 06 2023, market cap of RadNet Inc is 2.48 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. 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 Wed Dec 06 2023, RDNT's PE ratio (Price to Earnings) is 623.69 and Price to Sales (PS) ratio is 1.57. 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 0.345 (multiply by 100 for percentage) rate of return.