In last trading session, Radnet Inc (NASDAQ:RDNT) saw 0.58 million shares changing hands with its beta currently measuring 1.46. Company’s recent per share price level of $50.26 trading at -$0.19 or -0.38% at ring of the bell on the day assigns it a market valuation of $3.72B. That closing price of RDNT’s stock is at a discount of -86.33% from its 52-week high price of $93.65 and is indicating a premium of 10.47% from its 52-week low price of $45.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.68 million shares which gives us an average trading volume of 896.45K if we extend that period to 3-months.
For Radnet Inc (RDNT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.17. Splitting up the data highlights that, out of 11 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.
Radnet Inc (NASDAQ:RDNT) trade information
Upright in the red during last session for losing -0.38%, in the last five days RDNT remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $50.26 price level, adding 2.18% to its value on the day. Radnet Inc’s shares saw a change of -28.04% in year-to-date performance and have moved 0.96% in past 5-day. Radnet Inc (NASDAQ:RDNT) showed a performance of -0.91% in past 30-days. Number of shares sold short was 6.16 million shares which calculate 5.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 94 to the stock, which implies a rise of 46.53% to its current value. Analysts have been projecting 88 as a low price target for the stock while placing it at a high target of 100. It follows that stock’s current price would drop -75.09% in reaching the projected high whereas dropping to the targeted low would mean a loss of -75.09% for stock’s current value.
Radnet Inc (RDNT) estimates and forecasts
This year revenue growth is estimated to rise 5.35% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 442.98M for the same. And 4 analysts are in estimates of company making revenue of 488.85M in the next quarter. Company posted 431.71M and 459.71M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -33.78% during past 5 years.
Radnet Inc (NASDAQ:RDNT)’s Major holders
Insiders are in possession of 10.30% of company’s total shares while institution are holding 87.64 percent of that, with stock having share float percentage of 97.70%. Investors also watch the number of corporate investors in a company very closely, which is 87.64% institutions for Radnet Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at RDNT for having 9.61 million shares of worth $565.97 million. And as of 2024-06-30, it was holding 13.0834 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 6.01 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1851 of outstanding shares, having a total worth of $354.08 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.51 shares of worth $176.61 million or 4.75% of the total outstanding shares. The later fund manager was in possession of 2.07 shares on Dec 31, 2024 , making its stake of worth around $104.01 million in the company or a holder of 2.79% of company’s stock.