RadNet Stock Target Price and Analyst Consensus

RDNT Stock  USD 47.65  1.13  2.43%   
The current analyst and expert consensus on RadNet is Strong Buy, with 3 strong buy opinions. The current projected RadNet target price consensus is 39.00 with 6 analyst opinions. The most common way RadNet Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview RadNet executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on RadNet. We strongly encourage you to use your own analysis of RadNet Inc to validate this buy or sell advice. RadNet buy-or-sell recommendation module provides average expert sentiment on the projected RadNet Inc target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on RadNet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
35.49
Highest Forecast
43.29
Target Price
39
At this time, RadNet's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.03 in 2024, whereas Gross Profit Margin is likely to drop 0.05 in 2024. At this time, RadNet's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 2.4 B in 2024, whereas Net Receivables is likely to drop slightly above 99.6 M in 2024.
  
It's important to approach RadNet's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize RadNet price targets

RadNet's stock target price is an estimate of its future price, usually made by analysts. Using RadNet's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at RadNet's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if RadNet's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional RadNet Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of RadNet is a key component of RadNet valuation and have some predictive power on the future returns of a RadNet.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RadNet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
44.4447.3750.30
Details
Intrinsic
Valuation
LowRealHigh
43.1146.0448.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.130.030.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RadNet. Your research has to be compared to or analyzed against RadNet's peers to derive any actionable benefits. When done correctly, RadNet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in RadNet Inc.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Adviser Favorites Idea
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Invested a lot of shares
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Invested over 40 shares
FinTech Idea
FinTech
Invested over 50 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
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Driverless Cars Idea
Driverless Cars
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Momentum Idea
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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 Macroaxis Advice on RadNet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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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The data published in RadNet's official financial statements usually reflect RadNet's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of RadNet Inc. For example, before you start analyzing numbers published by RadNet accountants, it's critical to develop an understanding of what RadNet's liquidity, profitability, and earnings quality are in the context of the Health Care Providers & Services space in which it operates.
Please note, the presentation of RadNet's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, RadNet's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in RadNet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of RadNet Inc. Please utilize our Beneish M Score to check the likelihood of RadNet's management manipulating its earnings.