RadNet, Inc. (RDNT)

NASDAQ: RDNT · IEX Real-Time Price · USD
48.58
+0.09 (0.18%)
Mar 28, 2024, 12:47 PM EDT - Market open
0.18%
Market Cap 3.57B
Revenue (ttm) 1.62B
Net Income (ttm) 3.04M
Shares Out 68.48M
EPS (ttm) 0.05
PE Ratio 969.80
Forward PE 77.05
Dividend n/a
Ex-Dividend Date n/a
Volume 154,509
Open 48.91
Previous Close 48.49
Day's Range 48.32 - 49.16
52-Week Range 24.24 - 49.41
Beta 1.66
Analysts Strong Buy
Price Target 46.20 (-5.03%)
Earnings Date May 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... [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 5 analysts, the average rating for RDNT stock is "Strong Buy." The 12-month stock price forecast is $46.2, which is a decrease of -5.03% from the latest price.

Price Target
$46.2
(-5.03% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

15 days 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...

20 days 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...

20 days 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...

23 days 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...

24 days 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.

26 days 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
26 days 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...

27 days 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 ...

4 weeks 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...

6 weeks 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...

6 weeks 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...

2 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...

2 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...

4 months ago - GlobeNewsWire

RadNet Unveils DeepHealth, a Pioneering AI-Powered Health Informatics Portfolio

LOS ANGELES, Nov. 27, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announces the laun...

4 months ago - GlobeNewsWire

RadNet, Inc. to Present at the BofA Securities 2023 Leveraged Finance Conference on November 28, 2023

LOS ANGELES, Nov. 27, 2023 (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

Maverick Medical AI Partners with RadNet to Launch AI-powered Medical Coding Across U.S. Imaging Sites

WILMINGTON, Del.--(BUSINESS WIRE)--Maverick Medical AI, or Maverick, a provider of an innovative and autonomous AI-powered medical coding platform, announced today that it has partnered with RadNet, I...

4 months ago - Business Wire

RadNet, Inc. to Present at the Sidoti & Company Fall 2023 Virtual Conference on Thursday, November 16th

LOS ANGELES, Nov. 15, 2023 (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 Reports Third Quarter Financial Results and Revises Upwards 2023 Financial Guidance Range for Adjusted EBITDA

LOS ANGELES, Nov. 08, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a net...

5 months ago - GlobeNewsWire

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

LOS ANGELES, Oct. 17, 2023 (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...

5 months ago - GlobeNewsWire

RadNet, Inc. to Present at the Sidoti & Company Fall 2023 Virtual Conference on Wednesday, September 20th

LOS ANGELES, Sept. 20, 2023 (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...

6 months ago - GlobeNewsWire

RadNet Reports Second Quarter Financial Results, with Record Quarterly Revenue and Adjusted EBITDA(1), and Updates 2023 Financial Guidance Ranges

LOS ANGELES, Aug. 08, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a net...

8 months ago - GlobeNewsWire

RadNet, Inc. Announces the Addition of Sham Sokka and Sanjog Misra to Drive Further Growth Within its Digital Health Initiatives

LOS ANGELES, July 31, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT) announced today the addition of two executives to lead advancements in the company's technology solutions, including its curr...

8 months ago - GlobeNewsWire

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

LOS ANGELES, July 21, 2023 (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...

8 months ago - GlobeNewsWire

RadNet Announces Closing Of Upsized Public Offering Of Common Stock

LOS ANGELES, June 16, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced to...

10 months ago - GlobeNewsWire