Radnet Inc Stock Filter Stocks by Fundamentals
| RDNT Stock | USD 46.52 1.09 2.29% |
RadNet Inc fundamentals help investors to digest information that contributes to RadNet's financial success or failures. It also enables traders to predict the movement of RadNet Stock. The fundamental analysis module provides a way to measure RadNet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RadNet stock.
RadNet | Shares Owned by Insiders |
RadNet Current Valuation Drivers
We derive many important indicators used in calculating different scores of RadNet from analyzing RadNet's financial statements. These drivers represent accounts that assess RadNet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of RadNet's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 996.0M | 1.6B | 1.1B | 2.2B | 2.3B | |
| Enterprise Value | 2.1B | 2.1B | 2.8B | 2.4B | 3.4B | 3.5B |
RadNet Institutional Holders
Institutional Holdings refers to the ownership stake in RadNet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of RadNet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing RadNet's value.| Shares | Principal Financial Group Inc | 2023-12-31 | 1.3 M | American Century Companies Inc | 2023-12-31 | 1.2 M | Hood River Capital Management Llc | 2023-12-31 | 993.9 K | Punch & Associates Inv Mgmt Inc | 2023-12-31 | 939.3 K | Global Alpha Capital Management Ltd. | 2023-12-31 | 878.1 K | Millennium Management Llc | 2023-12-31 | 738.8 K | Wellington Management Company Llp | 2023-12-31 | 727.2 K | Alyeska Investment Group, L.p. | 2023-09-30 | 722.9 K | Loomis, Sayles & Company Lp | 2023-12-31 | 706 K | Blackrock Inc | 2023-12-31 | 8.9 M | Vanguard Group Inc | 2023-12-31 | 4.3 M |
RadNet Fundamentals
| Return On Equity | 0.0465 | ||||
| Return On Asset | 0.0237 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 4.59 B | ||||
| Shares Outstanding | 73.71 M | ||||
| Shares Owned By Insiders | 11.45 % | ||||
| Shares Owned By Institutions | 75.19 % | ||||
| Number Of Shares Shorted | 2.96 M | ||||
| Price To Earning | 55.56 X | ||||
| Price To Book | 5.67 X | ||||
| Price To Sales | 2.21 X | ||||
| Revenue | 1.62 B | ||||
| Gross Profit | 288.77 M | ||||
| EBITDA | 282.49 M | ||||
| Net Income | 3.04 M | ||||
| Cash And Equivalents | 99.17 M | ||||
| Cash Per Share | 1.73 X | ||||
| Total Debt | 1.49 B | ||||
| Debt To Equity | 3.20 % | ||||
| Current Ratio | 0.79 X | ||||
| Book Value Per Share | 9.28 X | ||||
| Cash Flow From Operations | 220.86 M | ||||
| Short Ratio | 3.30 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Price To Earnings To Growth | 2.32 X | ||||
| Target Price | 53.33 | ||||
| Number Of Employees | 7.87 K | ||||
| Beta | 1.71 | ||||
| Market Capitalization | 3.51 B | ||||
| Total Asset | 2.89 B | ||||
| Retained Earnings | (79.58 M) | ||||
| Working Capital | 141.82 M | ||||
| Current Asset | 229.37 M | ||||
| Current Liabilities | 156.96 M | ||||
| Net Asset | 2.89 B |
About RadNet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RadNet Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RadNet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RadNet Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 RadNet Piotroski F Score and RadNet Altman Z Score analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for RadNet Stock analysis
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.