A share price of Radnet Inc [RDNT] is currently trading at $50.71, up 4.66%. An important factor to consider is whether the stock is rising or falling in short-term value. The RDNT shares have gain 7.35% over the last week, with a monthly amount drifted -17.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Radnet Inc [NASDAQ: RDNT] stock has seen the most recent analyst activity on March 05, 2025, when Raymond James upgraded its rating to a Strong Buy and also revised its price target to $65 from $85. Previously, Barclays upgraded its rating to Overweight on September 06, 2024, and elevated its price target to $79. On March 06, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $48 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $40 on August 31, 2023. CJS Securities initiated its recommendation with a Market Outperform and recommended $30 as its price target on March 31, 2023. Raymond James upgraded its rating to Outperform for this stock on March 03, 2023, but kept the price target unchanged to $30. In a note dated August 12, 2021, Barclays initiated an Overweight rating and provided a target price of $39 on this stock.
Radnet Inc experienced fluctuations in its stock price throughout the past year between $44.08 and $93.65. Currently, Wall Street analysts expect the stock to reach $94 within the next 12 months. Radnet Inc [NASDAQ: RDNT] shares were valued at $50.71 at the most recent close of the market. An investor can expect a potential return of 85.37% based on the average RDNT price forecast.
Analyzing the RDNT fundamentals
Trailing Twelve Months sales for Radnet Inc [NASDAQ:RDNT] were 1.83B which represents 13.49% growth. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.32 points at the first support level, and at 45.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.28, and for the 2nd resistance point, it is at 53.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Radnet Inc [NASDAQ:RDNT] is 2.12. On the other hand, the Quick Ratio is 2.12, and the Cash Ratio is 1.54. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 4.16 and price to earnings (TTM) ratio is 1550.76.
Transactions by insiders
Recent insider trading involved Norman R. Hames, President & COO-West Operation, that happened on Mar 17 ’25 when 15000.0 shares were purchased. Pres and COO-West Operations, HAMES NORMAN R completed a deal on Mar 19 ’25 to sell 5000.0 shares. Meanwhile, Pres and COO-West Operations HAMES NORMAN R sold 5000.0 shares on Mar 17 ’25.
