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Fonar Corporation (FONR)

NASDAQ: FONR · Delayed Price · USD
15.69
-0.02 (-0.13%)
After-hours:Oct 21, 2021 4:00 PM EDT
15.71
0.00 (0.00%)
At close: Oct 21, 12:00 AM
Market Cap106.64M
Revenue (ttm)89.93M
Net Income (ttm)9.59M
Shares Out6.51M
EPS (ttm)1.46
PE Ratio10.77
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume318
Open-
Previous Close15.71
Day's Range15.52 - 16.29
52-Week Range14.93 - 21.77
Beta1.03
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 11, 2021

About FONR

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management,...

IndustryHealth Care Equipment & Supplies
IPO DateJan 1, 1987
Employees495
Stock ExchangeNASDAQ
Ticker SymbolFONR
Full Company Profile

Financial Performance

In 2021, FONR's revenue was $89.93 million, an increase of 4.95% compared to the previous year's $85.69 million. Earnings were $10.21 million, an increase of 23.88%.

Financial Statements

News

FONAR Subsidiary, HMCA, Expands with Acquisition in Yonkers, New York

Melville, New York--(Newsfile Corp. - March 31, 2021) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, announced today that it has acquired a Stand-Up® MRI facility in Yonkers, New York...

6 months ago - Newsfile Corp

FONAR To Ring The Nasdaq Stock Market Closing Bell, As It Celebrates 50th Birthday of MRI

MELVILLE, N.Y., March 09, 2021 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, will ring the Nasdaq Stock Market Closing Bell on March 9, 2021. Nasdaq and FONAR select...

7 months ago - GlobeNewsWire

Fonar Announces Financial Results For 1st Fiscal Quarter of 2021

MELVILLE, N.Y., Nov. 12, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today its financial results for the first quarter of fiscal 2021 which ended Sep...

11 months ago - GlobeNewsWire

A Trio of Graham-Style Stocks to Consider

Benjamin Graham, the father of value investing and author of "The Intelligent Investor," advised value investors to screen for stocks whose "Graham blended multiplier" stood below 22.5. Such stocks coul...

Other symbols:LEJU
1 year ago - GuruFocus

FONAR Announces Fiscal 2020 Financial Results

MELVILLE, N. Y., Sept. 28, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today its fiscal 2020 results. FONAR’s primary source of income is attributa...

1 year ago - GlobeNewsWire

FONAR Set to Join Russell 3000 and 2000 Indexes

MELVILLE, N. Y., June 25, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today that upon the opening of U.S. markets on June 29, 2020, FONAR will, as ...

1 year ago - GlobeNewsWire

FONAR Board of Directors Appoints Independent Director

MELVILLE, N.Y., June 09, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, today announced that on June 4, 2020, its board of directors appointed Richard E. Turk ...

1 year ago - GlobeNewsWire

FONAR Announces Fiscal 2020 3rd Quarter and Nine Months Financial Results; Company Balance Sheet Remains Strong Amid ...

COVID-19 drastically affects imaging center scan volumes and delays installations of two MRI scanners until 1st Quarter of Fiscal 2021. Upon their completion, FONAR subsidiary, HMCA, will have 38 MRI sc...

1 year ago - GlobeNewsWire

Fonar Is A Perfect Example For The Magic Formula

Fonar Is A Perfect Example For The Magic Formula

1 year ago - Seeking Alpha

3 Medical Companies With the Strength to Weather Coronavirus Fears

As investors continue grappling with coronavirus fears, three medical companies with high financial strength and trading below Peter Lynch’s valuation line of 15 times earnings are Bio-Rad Industries Inc.

Other symbols:BIOCO
1 year ago - GuruFocus

2 Stocks With Strong Balance Sheets And Virus Resistant Business Models

2 Stocks With Strong Balance Sheets And Virus Resistant Business Models

Other symbols:NTIP
1 year ago - Seeking Alpha

FONAR Celebrates the 50th Anniversary of the Origination of the MRI

MELVILLE, N.Y., Sept. 19, 2019 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning ™, celebrated a special anniversary on September 17, 2019: It was 50 years ago that Ray...

2 years ago - GlobeNewsWire

Fonar Is Cheap But Also Subject To A Major Risk

Fonar is trading at a cheap valuation given its current earning power.

2 years ago - Seeking Alpha