The stock of RadNet, Inc. (NASDAQ:RDNT) is a huge mover today! The stock decreased 4.19% or $0.85 during the last trading session, reaching $19.45. About 313,474 shares traded. RadNet, Inc. (NASDAQ:RDNT) has risen 9.93% since December 4, 2018 and is uptrending. It has outperformed by 9.93% the S&P500.
The move comes after 5 months negative chart setup for the $977.79M company. It was reported on Dec, 4 by Barchart.com. We have $17.89 PT which if reached, will make NASDAQ:RDNT worth $78.22M less.
Analysts await RadNet, Inc. (NASDAQ:RDNT) to report earnings on March, 12. They expect $0.16 EPS, down 72.88 % or $0.43 from last year’s $0.59 per share. RDNT’s profit will be $8.04M for 30.39 P/E if the $0.16 EPS becomes a reality. After $0.08 actual EPS reported by RadNet, Inc. for the previous quarter, Wall Street now forecasts 100.00 % EPS growth.
RadNet, Inc. (NASDAQ:RDNT) Ratings Coverage
Among 2 analysts covering RadNet (NASDAQ:RDNT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. RadNet has $2300 highest and $18.5000 lowest target. $20.75’s average target is 6.68% above currents $19.45 stock price. RadNet had 5 analyst reports since October 22, 2019 according to SRatingsIntel. The stock has “Buy” rating by Sidoti on Monday, December 2. As per Wednesday, November 13, the company rating was maintained by Raymond James. Sidoti maintained the shares of RDNT in report on Wednesday, November 13 with “Buy” rating.
More notable recent RadNet, Inc. (NASDAQ:RDNT) news were published by: Benzinga.com which released: “Earnings Scheduled For November 12, 2019 – Benzinga” on November 12, 2019, also Globenewswire.com with their article: “RadNet, Inc. Announces Date of its First Quarter 2019 Financial Results Conference Call – GlobeNewswire” published on May 02, 2019, Nasdaq.com published: “Looking for a hero: shirtless Chilean protester, police-hating dog rise to fame – Nasdaq” on November 07, 2019. More interesting news about RadNet, Inc. (NASDAQ:RDNT) were released by: Seekingalpha.com and their article: “AMAT, JCP among premarket gainers – Seeking Alpha” published on November 15, 2019 as well as Nasdaq.com‘s news article titled: “UBS Group Agrees to Pay $51 Million for Overcharging Clients – Nasdaq” with publication date: November 12, 2019.
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company has market cap of $977.79 million. The Company’s 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. It has a 28.77 P/E ratio. The firm also develops and sells computerized systems for the imaging industry, including picture archiving communications systems; and provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals, and imaging center customers.
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