Norman Hames - RadNet Director

RDNT Stock  USD 48.67  0.16  0.33%   

Director

Mr. Norman R. Hames is the President, Chief Operating OfficerWestern Operations and Corporationrationrate Secretary of RadNet Inc. Mr. Hames is the Executive Vice President, Secretary, Chief Operating Officer Western Operations and Director of RadNet Inc. He has served as an executive officer of RadNet since 1996 and currently serves as our Executive Vice President, Chief Operating OfficerWestern Operations and Corporationrationrate Secretary. Applying his 20 years of experience in the industry, Mr. Hames oversees all aspects of our California facility operations. His management team, comprised of regional directors, managers and sales managers, is responsible for responding to all of the daytoday concerns of our California facilities, patients, payors and referring physicians. Prior to joining our Company, Mr. Hames was President and Chief Executive Officer of his own company, Diagnostic Imaging Services, Inc., which owned and operated 14 multimodality imaging facilities throughout Southern California. Mr. Hames gained his initial experience in operating imaging centers for American Medical International, or AMI, and was responsible for the development of AMIs single and multimodality imaging centers since 2017.
Age 68
Tenure 7 years
Address 1510 Cotner Avenue, Los Angeles, CA, United States, 90025
Phone310 478 7808
Webhttps://www.radnet.com
Hames brings business leadership skills from his experience as President and Chief Executive Officer of his own company and has a 20year background in the daytoday operations of imaging centers.

RadNet Management Efficiency

The company has return on total asset (ROA) of 0.0237 % which means that it generated a profit of $0.0237 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0465 %, meaning that it created $0.0465 on every $100 dollars invested by stockholders. RadNet's management efficiency ratios could be used to measure how well RadNet manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0 in 2024. Return On Capital Employed is likely to gain to 0.04 in 2024. At this time, RadNet's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 6.4 M in 2024.
The company currently holds 1.49 B in liabilities with Debt to Equity (D/E) ratio of 3.2, implying the company greatly relies on financing operations through barrowing. RadNet Inc has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist RadNet until it has trouble settling it off, either with new capital or with free cash flow. So, RadNet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like RadNet Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RadNet to invest in growth at high rates of return. When we think about RadNet's use of debt, we should always consider it together with cash and equity.

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RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company was founded in 1981 and is headquartered in Los Angeles, California. RadNet operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 6756 people. RadNet Inc (RDNT) is traded on NASDAQ Exchange in USA. It is located in 1510 Cotner Avenue, Los Angeles, CA, United States, 90025 and employs 7,872 people. RadNet is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

RadNet Inc Leadership Team

Elected by the shareholders, the RadNet's board of directors comprises two types of representatives: RadNet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RadNet. The board's role is to monitor RadNet's management team and ensure that shareholders' interests are well served. RadNet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RadNet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mital Patel, Executive Vice President - Finance
Christine Gordon, Senior Director
Michael Sherman, Independent Director
Ranjan Jayanathan, Chief VP
Norman Hames, COO of Western Operations, Executive VP, Secretary and Director
Michael Murdock, Executive Vice President Chief Development Officer
John Crues, Vice President Medical Director, Director
Todd Skulte, Executive Vice President - Hospital Based Operations
Lawrence Levitt, Independent Director
Howard MD, President Chairman
Stephen Forthuber, COO of Eastern Operations and Executive VP
Ruth VilligerWilson, HR Director
Gregory MD, Chief VP
BSRT MPH, VP Affairs
David Swartz, Lead Independent Director
Jeffrey Linden, Executive VP and General Counsel
Howard Berger, Chairman of the Board and Presidentident, CEO
David Katz, Chief VP
Mark Stolper, CFO and Executive VP
Derek Bomar, Senior Vice President Director of Materials and Asset Management
Marvin Cadwell, Independent Director

RadNet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is RadNet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

RadNet Investors Sentiment

The influence of RadNet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in RadNet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to RadNet's public news can be used to forecast risks associated with an investment in RadNet. The trend in average sentiment can be used to explain how an investor holding RadNet can time the market purely based on public headlines and social activities around RadNet Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
RadNet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for RadNet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average RadNet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on RadNet.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RadNet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RadNet's short interest history, or implied volatility extrapolated from RadNet options trading.

Currently Active Assets on Macroaxis

When determining whether RadNet Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if RadNet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Radnet Inc Stock. Highlighted below are key reports to facilitate an investment decision about Radnet Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RadNet Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running RadNet's price analysis, check to measure RadNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RadNet is operating at the current time. Most of RadNet's value examination focuses on studying past and present price action to predict the probability of RadNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RadNet's price. Additionally, you may evaluate how the addition of RadNet to your portfolios can decrease your overall portfolio volatility.
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Is RadNet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RadNet. If investors know RadNet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RadNet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
24
Earnings Share
0.05
Revenue Per Share
25.427
Quarterly Revenue Growth
0.095
Return On Assets
0.0237
The market value of RadNet Inc is measured differently than its book value, which is the value of RadNet that is recorded on the company's balance sheet. Investors also form their own opinion of RadNet's value that differs from its market value or its book value, called intrinsic value, which is RadNet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RadNet's market value can be influenced by many factors that don't directly affect RadNet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RadNet's value and its price as these two are different measures arrived at by different means. Investors typically determine if RadNet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RadNet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.