The stock of Radnet Inc (NASDAQ: RDNT) has decreased by -1.10 when compared to last closing price of 53.59. Despite this, the company has experienced a 7.05% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-03-13 that LOS ANGELES, March 13, 2025 (GLOBE NEWSWIRE) — RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Executive Officer, will be presenting virtually at the 35th Oppenheimer Healthcare MedTech & Services Conference on Monday, March 17, 2025 at 12:40 p.m. Eastern Time.
Is It Worth Investing in Radnet Inc (NASDAQ: RDNT) Right Now?
Radnet Inc (NASDAQ: RDNT) has a higher price-to-earnings ratio of 1620.80x compared to its average ratio, The 36-month beta value for RDNT is at 1.44. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RDNT is 66.03M, and currently, shorts hold a 9.33% of that float. The average trading volume for RDNT on April 11, 2025 was 963.18K shares.
RDNT’s Market Performance
RDNT’s stock has seen a 7.05% increase for the week, with a 12.19% rise in the past month and a -26.64% fall in the past quarter. The volatility ratio for the week is 10.44%, and the volatility levels for the past 30 days are at 6.57% for Radnet Inc The simple moving average for the last 20 days is 5.80% for RDNT stock, with a simple moving average of -18.11% for the last 200 days.
Analysts’ Opinion of RDNT
Many brokerage firms have already submitted their reports for RDNT stocks, with Raymond James repeating the rating for RDNT by listing it as a “Strong Buy.” The predicted price for RDNT in the upcoming period, according to Raymond James is $65 based on the research report published on March 05, 2025 of the current year 2025.
Barclays, on the other hand, stated in their research note that they expect to see RDNT reach a price target of $79, previously predicting the price at $57. The rating they have provided for RDNT stocks is “Overweight” according to the report published on September 06th, 2024.
Barclays gave a rating of “Equal Weight” to RDNT, setting the target price at $48 in the report published on March 06th of the previous year.
RDNT Trading at -4.05% from the 50-Day Moving Average
After a stumble in the market that brought RDNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.41% of loss for the given period.
Volatility was left at 6.57%, however, over the last 30 days, the volatility rate increased by 10.44%, as shares surge +15.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.10% lower at present.
During the last 5 trading sessions, RDNT rose by +7.05%, which changed the moving average for the period of 200-days by -8.75% in comparison to the 20-day moving average, which settled at $50.09. In addition, Radnet Inc saw -24.11% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RDNT starting from Norman R. Hames, who proposed sale 15,000 shares at the price of $49.42 back on Mar 17 ’25. After this action, Norman R. Hames now owns shares of Radnet Inc, valued at $741,295 using the latest closing price.
HAMES NORMAN R, the Pres and COO-West Operations of Radnet Inc, sale 5,000 shares at $50.22 during a trade that took place back on Mar 19 ’25, which means that HAMES NORMAN R is holding 251,959 shares at $251,100 based on the most recent closing price.
Stock Fundamentals for RDNT
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.31 for the gross margin
The net margin for Radnet Inc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 0.36, with 0.09 for asset returns.
Based on Radnet Inc (RDNT), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.92. The interest coverage ratio of the stock is 1.31.
Currently, EBITDA for the company is 323.1 million with net debt to EBITDA at 1.47. When we switch over and look at the enterprise to sales, we see a ratio of 2.69. The receivables turnover for the company is 9.85for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.
Conclusion
In conclusion, Radnet Inc (RDNT) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
