RadNet, Inc. (RDNT)

Market Cap	4.62B
Revenue (ttm)	1.71B
Net Income (ttm)	9.92M
Shares Out	73.96M
EPS (ttm)	0.14
PE Ratio	465.34
Forward PE	98.13
Dividend	n/a
Ex-Dividend Date	n/a

Volume	827,647
Open	65.79
Previous Close	63.19
Day's Range	60.00 - 67.87
52-Week Range	25.11 - 67.87
Beta	1.74
Analysts	Strong Buy
Price Target	71.00 (+13.76%)
Earnings Date	Aug 7, 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...

• Industry: Diagnostics & Research
• Sector: Healthcare
• IPO Date: Jul 1, 1986
• Employees: 8,441
• Stock Exchange: NASDAQ
• Ticker Symbol: RDNT
• Website: https://www.radnet.com

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%.

Analyst Forecast

According to 4 analysts, the average rating for RDNT stock is "Strong Buy." The 12-month stock price forecast is $71.0, which is an increase of 13.76% from the latest price.

Price Target

$71.0

(13.76% upside)

Analyst Consensus: Strong Buy