RadNet, Inc. (RDNT)
NASDAQ: RDNT · IEX Real-Time Price · USD
46.52
-1.09 (-2.29%)
At close: Apr 19, 2024, 4:00 PM
46.03
-0.49 (-1.05%)
After-hours: Apr 19, 2024, 5:31 PM EDT
RadNet Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for RadNet stock have an average target of 50.25, with a low estimate of 40 and a high estimate of 58. The average target predicts an increase of 8.02% from the current stock price of 46.52.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for RadNet stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $51 → $55 | Strong Buy | Reiterates | $51 → $55 | +18.23% | Mar 28, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $47 → $58 | Strong Buy | Maintains | $47 → $58 | +24.68% | Mar 22, 2024 |
| Barclays | Barclays | Hold Initiates $48 | Hold | Initiates | $48 | +3.18% | Mar 6, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $42 → $51 | Strong Buy | Reiterates | $42 → $51 | +9.63% | Mar 4, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $40 → $42 | Strong Buy | Maintains | $40 → $42 | -9.72% | Dec 8, 2023 |
Financial Forecast
Revenue This Year
1.79B
from 1.62B
Increased by 10.60%
Revenue Next Year
1.93B
from 1.79B
Increased by 7.83%
EPS This Year
0.56
from 0.05
Increased by 1,022.00%
EPS Next Year
0.76
from 0.56
Increased by 34.85%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.9B | 2.0B |
| Avg | 1.8B | 1.9B |
| Low | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.7% | 12.8% |
| Avg | 10.6% | 7.8% |
| Low | 5.6% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.86 | 1.29 |
| Avg | 0.56 | 0.76 |
| Low | 0.24 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1,622.0% | 130.2% |
| Avg | 1,022.0% | 34.8% |
| Low | 370.4% | -37.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.