radnet inc. - RDNT

RDNT

Close Chg Chg %
81.30 0.74 0.91%

Closed Market

82.04

+0.74 (0.91%)

Volume: 447.37K

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: radnet inc. - RDNT

RDNT Key Data

Open

$81.80

Day Range

80.88 - 82.61

52 Week Range

32.05 - 93.65

Market Cap

$6.02B

Shares Outstanding

74.03M

Public Float

64.75M

Beta

1.75

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.06

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

575.45K

 

RDNT Performance

1 Week
 
3.09%
 
1 Month
 
23.61%
 
3 Months
 
26.22%
 
1 Year
 
153.52%
 
5 Years
 
345.63%
 

RDNT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About radnet inc. - RDNT

RadNet, Inc. provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and reduce unnecessary invasive procedures. The firm offers magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures. RadNet was founded by Howard G. Berger in 1980 and is headquartered in Los Angeles, CA.

RDNT At a Glance

RadNet, Inc.
1510 Cotner Avenue
Los Angeles, California 90025
Phone 1-310-445-2800 Revenue 1.62B
Industry Medical/Nursing Services Net Income 3.04M
Sector Health Services 2023 Sales Growth 13.046%
Fiscal Year-end 12 / 2024 Employees 7,872
View SEC Filings

RDNT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 738.217
Price to Sales Ratio 1.391
Price to Book Ratio 3.746
Price to Cash Flow Ratio 10.179
Enterprise Value to EBITDA 12.671
Enterprise Value to Sales 2.214
Total Debt to Enterprise Value 0.417

RDNT Efficiency

Revenue/Employee 205,364.583
Income Per Employee 386.687
Receivables Turnover 8.551
Total Asset Turnover 0.584

RDNT Liquidity

Current Ratio 1.324
Quick Ratio 1.324
Cash Ratio 0.783

RDNT Profitability

Gross Margin 5.753
Operating Margin 5.753
Pretax Margin 2.401
Net Margin 0.188
Return on Assets 0.11
Return on Equity 0.632
Return on Total Capital 0.143
Return on Invested Capital 0.159

RDNT Capital Structure

Total Debt to Total Equity 236.425
Total Debt to Total Capital 70.276
Total Debt to Total Assets 51.655
Long-Term Debt to Equity 224.699
Long-Term Debt to Total Capital 66.79
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Radnet Inc. - RDNT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.07B 1.32B 1.43B 1.62B
Sales Growth
-7.13% +22.69% +8.74% +13.05%
Cost of Goods Sold (COGS) incl D&A
1.05B 1.22B 1.38B 1.52B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
154.71M 170.66M 184.72M 189.49M
Depreciation
151.01M 166.26M 174.62M 177.29M
Amortization of Intangibles
3.70M 4.40M 10.10M 12.20M
COGS Growth
-2.56% +15.89% +13.14% +10.39%
Gross Income
19.14M 95.11M 49.84M 93.00M
Gross Income Growth
-74.09% +396.83% -47.60% +86.60%
Gross Profit Margin
+1.79% +7.23% +3.49% +5.75%
2020 2021 2022 2023 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
- - - -
-
Unusual Expense
(19.26M) (4.32M) (37.94M) 17.11M
EBIT after Unusual Expense
38.40M 99.43M 87.78M 75.89M
Non Operating Income/Expense
6.63M 8.28M 6.03M 27.40M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
7.95M 10.97M 10.39M 6.43M
Interest Expense
45.88M 48.83M 50.84M 64.48M
Interest Expense Growth
-4.50% +6.43% +4.12% +26.83%
Gross Interest Expense
45.88M 48.83M 50.84M 64.48M
Interest Capitalized
- - - -
-
Pretax Income
(854.00K) 58.88M 42.97M 38.81M
Pretax Income Growth
-102.88% +6,994.50% -27.02% -9.68%
Pretax Margin
-0.08% +4.48% +3.00% +2.40%
Income Tax
895.00K 14.56M 9.36M 8.47M
Income Tax - Current - Domestic
(1.86M) (2.19M) 371.00K 3.44M
Income Tax - Current - Foreign
27.00K 18.00K 87.00K 638.00K
Income Tax - Deferred - Domestic
2.73M 16.73M 12.33M 6.24M
Income Tax - Deferred - Foreign
- - (3.43M) (1.84M)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
7.95M 10.97M 10.39M 6.43M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.75M) 44.32M 33.61M 30.34M
Minority Interest Expense
13.09M 19.59M 22.96M 27.29M
Net Income
(14.84M) 24.73M 10.65M 3.04M
Net Income Growth
-200.57% +266.62% -56.93% -71.42%
Net Margin Growth
-1.38% +1.88% +0.74% +0.19%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(14.84M) 24.73M 10.65M 3.04M
Preferred Dividends
- - - -
-
Net Income Available to Common
(14.84M) 24.73M 10.65M 3.04M
EPS (Basic)
-0.2916 0.471 0.1892 0.0479
EPS (Basic) Growth
-198.18% +261.52% -59.83% -74.68%
Basic Shares Outstanding
50.89M 52.50M 56.29M 63.58M
EPS (Diluted)
-0.2916 0.4629 0.1732 0.0471
EPS (Diluted) Growth
-199.28% +258.74% -62.58% -72.81%
Diluted Shares Outstanding
50.89M 53.42M 57.32M 64.66M
EBITDA
173.85M 265.77M 234.56M 282.49M
EBITDA Growth
-21.45% +52.87% -11.74% +20.43%
EBITDA Margin
+16.22% +20.21% +16.40% +17.47%

Snapshot

Average Recommendation BUY Average Target Price 86.833
Number of Ratings 6 Current Quarters Estimate 0.192
FY Report Date 12 / 2024 Current Year's Estimate 0.217
Last Quarter’s Earnings 0.04 Median PE on CY Estimate N/A
Year Ago Earnings 0.05 Next Fiscal Year Estimate 0.606
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate 0.19 0.00 0.22 0.61
High Estimates 0.29 0.04 0.28 0.90
Low Estimate 0.14 -0.04 0.11 0.45
Coefficient of Variance 44.60 1,212.57 43.07 42.13

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 2 2 1
HOLD 0 0 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Radnet Inc. - RDNT

Date Name Shares Transaction Value
Aug 23, 2024 Michael N. Murdock EVP, Mergers and Acquisitions 58,953 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.91 per share 3,649,780.23
Aug 23, 2024 Michael N. Murdock EVP, Mergers and Acquisitions 49,624 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $63.06 per share 3,129,289.44
Aug 23, 2024 Michael N. Murdock EVP, Mergers and Acquisitions 48,144 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $63.48 per share 3,056,181.12
Jun 21, 2024 Mital Patel EVP, Chief Admin Officer 202,146 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $59 per share 11,926,614.00
Jun 21, 2024 Mital Patel EVP, Chief Admin Officer 231,946 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $60 per share 13,916,760.00
Jun 19, 2024 Gregory E. Spurlock Director 2,591 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $59.75 per share 154,812.25
Jun 19, 2024 Gregory E. Spurlock Director 9,758 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $59.75 per share 583,040.50
Jun 14, 2024 A. Gregory Sorensen EVP, Chief Science Officer; Director 1,249,205 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.24 per share 76,501,314.20
Jun 14, 2024 A. Gregory Sorensen EVP, Chief Science Officer; Director 1,239,205 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $62.34 per share 77,252,039.70
Jun 14, 2024 Laura P. Jacobs Director 24,308 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Stephen M. Forthuber Pres & COO-Eastern Operations 523,561 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $62.33 per share 32,633,557.13
Jun 14, 2024 Lawrence L. Levitt Director 176,657 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 David L. Swartz Director 199,067 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 13, 2024 Norman R. Hames Pres and COO-West Operations 280,919 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.15 per share 17,178,196.85
Jun 13, 2024 Norman R. Hames Pres and COO-West Operations 245,919 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.4 per share 15,099,426.60
Jun 13, 2024 Norman R. Hames Pres and COO-West Operations 227,322 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $63.08 per share 14,339,471.76
Jun 13, 2024 Norman R. Hames Pres and COO-West Operations 24,889 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.09 per share 1,520,469.01
Jun 13, 2024 David L. Swartz Director 196,476 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $62.42 per share 12,264,031.92
Jun 13, 2024 Mark D. Stolper EVP, Chief Financial Officer 80,398 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.27 per share 4,925,985.46
Jun 12, 2024 Christine N. Gordon Director 10,879 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.03 per share 663,945.37

Radnet Inc. in the News