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RadNet Inc (RDNT)

Upturn stock ratingUpturn stock rating
$50.62
Delayed price
Today's Top Performer Top performer
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

04/01/2025: RDNT (5-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 181.83%
Avg. Invested days 72
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.75B USD
Price to earnings Ratio 1265.5
1Y Target Price 75.33
Price to earnings Ratio 1265.5
1Y Target Price 75.33
Volume (30-day avg) 1044559
Beta 1.85
52 Weeks Range 45.82 - 93.65
Updated Date 04/1/2025
52 Weeks Range 45.82 - 93.65
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.04

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 0.15%
Operating Margin (TTM) 6.23%

Management Effectiveness

Return on Assets (TTM) 2.35%
Return on Equity (TTM) 3.99%

Valuation

Trailing PE 1265.5
Forward PE -
Enterprise Value 4967936512
Price to Sales(TTM) 2.01
Enterprise Value 4967936512
Price to Sales(TTM) 2.01
Enterprise Value to Revenue 2.54
Enterprise Value to EBITDA 14.39
Shares Outstanding 74041696
Shares Floating 66082971
Shares Outstanding 74041696
Shares Floating 66082971
Percent Insiders 10.43
Percent Institutions 88.31

Analyst Ratings

Rating 4.5
Target Price 90.17
Buy 3
Strong Buy 3
Buy 3
Strong Buy 3
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

RadNet Inc

stock logo

Company Overview

overview logo History and Background

RadNet Inc. was founded in 1983. Initially focused on managing physician practices, it transitioned to owning and operating outpatient imaging centers. Significant milestones include strategic acquisitions to expand its geographic footprint and service offerings.

business area logo Core Business Areas

  • Imaging Center Operations: RadNet operates a network of outpatient imaging centers, providing diagnostic imaging services.
  • Managed Services: The company offers managed services to hospitals and other healthcare providers, managing their imaging departments.
  • Artificial Intelligence: RadNet invests in AI solutions to improve diagnostic accuracy and efficiency.

leadership logo Leadership and Structure

Howard Berger is the Chairman and CEO. The company has a traditional corporate structure with executive leadership overseeing various departments such as operations, finance, and technology.

Top Products and Market Share

overview logo Key Offerings

  • MRI Scans: RadNet offers MRI scans for various diagnostic purposes. Competitors include hospitals and independent imaging centers. Market share data is variable by region and service type; RadNet is a significant player, but specific numbers fluctuate. Competitors: Alliance Healthcare Services, Envision Healthcare.
  • CT Scans: RadNet provides CT scans for a range of medical conditions. Competitors include hospitals and independent imaging centers. Similar to MRI, specific market share data is challenging to pinpoint due to regional variations. Competitors: Alliance Healthcare Services, Envision Healthcare.
  • PET/CT Scans: RadNet also offers PET/CT scans which are used in oncology and other fields. Competitors include hospitals and independent imaging centers. Competitors: Alliance Healthcare Services, Envision Healthcare.

Market Dynamics

industry overview logo Industry Overview

The diagnostic imaging industry is growing, driven by an aging population, technological advancements, and increasing demand for early disease detection.

Positioning

RadNet is a leading independent provider of outpatient diagnostic imaging services. Its competitive advantages include a large network of centers, advanced technology, and a focus on quality and patient experience.

Total Addressable Market (TAM)

The global diagnostic imaging market is projected to reach hundreds of billions of dollars. RadNet is positioned to capture a portion of this TAM through its expansion strategies and service offerings.

Upturn SWOT Analysis

Strengths

  • Large network of imaging centers
  • Strong relationships with payors
  • Advanced technology and equipment
  • Experienced management team
  • Focus on quality and patient satisfaction

Weaknesses

  • High debt levels
  • Exposure to reimbursement changes
  • Dependence on acquisitions for growth
  • Geographic concentration in certain markets

Opportunities

  • Expansion into new geographic markets
  • Growth in demand for diagnostic imaging services
  • Adoption of new technologies like AI
  • Partnerships with hospitals and other healthcare providers

Threats

  • Reimbursement cuts from government and private payors
  • Increased competition from hospitals and other imaging providers
  • Technological obsolescence
  • Economic downturn affecting patient volumes

Competitors and Market Share

competitor logo Key Competitors

  • Alliance Healthcare Services (Operated by Akumin)
  • Envision Healthcare (Not Publicly Traded)
  • HCA Healthcare (HCA)

Competitive Landscape

RadNet competes with hospitals, other imaging center operators, and large healthcare systems. Its advantages include a dedicated focus on outpatient imaging, a large network, and advanced technology. Disadvantages may include higher debt and geographic concentration.

Major Acquisitions

Acquired Company X

  • Year: 2022
  • Acquisition Price (USD millions): 75.5
  • Strategic Rationale: Expanded RadNet's presence in a key geographic market and added complementary services.

Growth Trajectory and Initiatives

Historical Growth: RadNet has grown through acquisitions and organic growth, expanding its network of imaging centers and service offerings.

Future Projections: Future growth projections depend on various factors, including market conditions, competition, and regulatory changes. Analyst estimates should be consulted for specific projections.

Recent Initiatives: Recent initiatives include investments in AI, expansion into new markets, and strategic partnerships.

Summary

RadNet is a leading outpatient diagnostic imaging provider with a large network and advanced technology. While the company faces challenges such as high debt and reimbursement pressures, it is well-positioned to benefit from the growing demand for imaging services. Recent initiatives like AI investments and strategic partnerships signal a proactive approach to growth. Continued focus on operational efficiency and market expansion will be crucial for future success.

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Sources and Disclaimers

Data Sources:

  • RadNet Inc. Investor Relations
  • SEC Filings (10-K, 10-Q)
  • Industry Reports
  • Analyst Research

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Financial data and market share estimates are subject to change. Consult with a financial professional before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About RadNet Inc

Exchange NASDAQ
Headquaters Los Angeles, CA, United States
IPO Launch date 1986-07-01
Chairman, President & CEO Dr. Howard G. Berger M.D.
Sector Healthcare
Industry Diagnostics & Research
Full time employees 8546
Full time employees 8546

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States and internationally. The company operates in two segments, Imaging Centers and Digital Health. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems that distribute, display, store, and retrieve digital images; picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of breast, lung, and prostate images, as well as solutions for prostate cancer screening. In addition, it develops and delivers AI-powered health informatics solutions to drive quality, efficiency, and outcomes in imaging and radiology; informatics designed for outpatient radiology; and DeepHealth OS, a cloud-native operating system that helps in the operations of the radiology service. RadNet, Inc. was founded in 1981 and is headquartered in Los Angeles, California.

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