RadNet, Inc. (RDNT)

NASDAQ: RDNT · IEX Real-Time Price · USD
57.45
-0.13 (-0.23%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.23%
Market Cap 4.24B
Revenue (ttm) 1.66B
Net Income (ttm) 21.27M
Shares Out 73.88M
EPS (ttm) 0.30
PE Ratio 191.50
Forward PE 81.24
Dividend n/a
Ex-Dividend Date n/a
Volume 231,400
Open 58.05
Previous Close 57.58
Day's Range 57.11 - 58.59
52-Week Range 25.11 - 58.59
Beta 1.69
Analysts Strong Buy
Price Target 57.25 (-0.35%)
Earnings Date May 8, 2024

About 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 retri... [Read more]

Sector Healthcare
IPO Date Jul 1, 1986
Employees 7,872
Stock Exchange NASDAQ
Ticker Symbol RDNT
Full Company Profile

Financial Performance

In 2023, RadNet's revenue was $1.62 billion, an increase of 13.05% compared to the previous year's $1.43 billion. Earnings were $3.04 million, a decrease of -71.42%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for RDNT stock is "Strong Buy." The 12-month stock price forecast is $57.25, which is a decrease of -0.35% from the latest price.

Price Target
$57.25
(-0.35% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

RadNet, Inc. to Present at the Bank of America Securities 2024 Health Care Conference on May 14th, 2024

LOS ANGELES, May 13, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and ...

5 days ago - GlobeNewsWire

RadNet Reports First Quarter Financial Results with Record First Quarter Revenue, Adjusted EBITDA(1) and Adjusted Earnings(3) and Revises Upwards 2024 Financial Guidance Ranges

LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a netw...

10 days ago - GlobeNewsWire

Loop Media Selected by RadNet to Provide Ad Sales Services, Branded Channels, and Customized Signage Across RadNetTV

BURBANK, Calif.--(BUSINESS WIRE)--Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), a leading multichannel streaming CTV platform that provides curated music videos, sports highlights, news, prem...

Other symbols: LPTV
19 days ago - Business Wire

RadNet, Inc. Announces Date of its First Quarter 2024 Financial Results Conference Call

LOS ANGELES, April 22, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and oper...

26 days ago - GlobeNewsWire

RadNet Announces Closing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction

LOS ANGELES, April 18, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today annou...

4 weeks ago - GlobeNewsWire

RadNet's Delaware Imaging Network Announces Ribbon-Cutting Ceremony for Mammography Service at Milford Walmart

MILFORD, Del., April 18, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announced a rib...

4 weeks ago - GlobeNewsWire

RadNet Teams Up with Basketball Icon Sheryl Swoopes to Promote Healthcare Equity and Access

LOS ANGELES, April 12, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announced that ba...

5 weeks ago - GlobeNewsWire

RadNet Announces Pricing and Upsizing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction

LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today annou...

5 weeks ago - GlobeNewsWire

RadNet to Make its Second Acquisition in Houston, Texas

LOS ANGELES, April 10, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announces that it...

5 weeks ago - GlobeNewsWire

RadNet Announces a Proposed Refinancing of its Term Loan and Revolving Credit Facility

LOS ANGELES, April 03, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today annou...

6 weeks ago - GlobeNewsWire

RadNet Announces Outpatient Radiology Partnership with Providence Health System to Include Seven Centers in Burbank, Santa Clarita and the Northern San Fernando Valley of Los Angeles

LOS ANGELES, April 02, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, fixed-site outpatient diagnostic imaging services through a network of 366 own...

6 weeks ago - GlobeNewsWire

RadNet Announces Closing of Public Offering of Common Stock

LOS ANGELES, March 12, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced t...

2 months ago - GlobeNewsWire

RadNet Announces Pricing of Public Offering of Common Stock

LOS ANGELES, March 07, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced t...

2 months ago - GlobeNewsWire

RadNet Announces Proposed $200 Million Underwritten Public Offering of Common Stock

LOS ANGELES, March 07, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced t...

2 months ago - GlobeNewsWire

RadNet, Inc. to Present at the 44th Annual Cowen & Company Healthcare Conference on Wednesday, March 6th

LOS ANGELES, March 05, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network owned and operate...

2 months ago - GlobeNewsWire

RadNet, Inc. to Present at the Raymond James 45th Annual Institutional Investors Conference Today, March 4th, 2024

LOS ANGELES, March 04, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned an...

2 months ago - GlobeNewsWire

Radnet CEO Howard Berger goes one-on-one with Jim Cramer

Radnet CEO Howard Berger joins 'Mad Money' host Jim Cramer to talk health care equipment, quarterly results and more.

2 months ago - CNBC Television

Partnership with Walmart will help enhance breast cancer detection, says Radnet CEO Howard Berger

Radnet CEO Howard Berger joins 'Mad Money' host Jim Cramer to talk health care equipment, quarterly results and more.

Other symbols: WMT
2 months ago - CNBC Television

RadNet Reports Fourth Quarter 2023 Results, Including Record Revenue and Adjusted EBITDA(1), Releases 2024 Financial Guidance and Forms a New Digital Health Reporting Segment

LOS ANGELES, Feb. 29, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a net...

2 months ago - GlobeNewsWire

RadNet to Enter the Houston, Texas Market through Platform Acquisition of Houston Medical Imaging

LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announces that it ...

2 months ago - GlobeNewsWire

RadNet and JVS SoCal Create ImagingWorks®, an Innovative Partnership to Launch Career Training Programs for Medical Imaging

LOS ANGELES, Feb. 15, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announces the form...

3 months ago - GlobeNewsWire

RadNet, Inc. Announces Date of its Fourth Quarter 2023 Financial Results Conference Call

LOS ANGELES, Feb. 13, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and opera...

3 months ago - GlobeNewsWire

RadNet's Arizona Diagnostic Radiology Group Joint Venture Acquires Seven Outpatient Imaging Centers in Phoenix, Arizona

LOS ANGELES, Jan. 24, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announces that its...

4 months ago - GlobeNewsWire

RadNet, Inc. to Present at the 42nd Annual J.P. Morgan Healthcare Conference January 10th, 2024

LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and...

4 months ago - GlobeNewsWire

RadNet Launches a Pilot Inside Walmart of its New MammogramNow™ Offering

LOS ANGELES, Dec. 05, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announces Mammogra...

5 months ago - GlobeNewsWire