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RadNet Inc (RDNT)

Upturn stock ratingUpturn stock rating
$57.12
Last Close (24-hour delay)
Profit since last BUY2.48%
upturn advisory
WEAK BUY
BUY since 34 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/27/2025: RDNT (3-star) is a REGULAR-BUY. BUY since 34 days. Profits (2.48%). Updated daily EoD!

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

7 Analysts rated it

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

Year Target Price $71.57

Year Target Price $71.57

Analyst’s Price TargetsFor last 52 week
$71.57Target price
Low$45
Current$57.12
high$93.65

Analysis of Past Performance

Type Stock
Historic Profit 147.07%
Avg. Invested days 73
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
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 06/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.29B USD
Price to earnings Ratio -
1Y Target Price 71.57
Price to earnings Ratio -
1Y Target Price 71.57
Volume (30-day avg) -
Beta 1.44
52 Weeks Range 45.00 - 93.65
Updated Date 06/29/2025
52 Weeks Range 45.00 - 93.65
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.43

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -1.73%
Operating Margin (TTM) -3.73%

Management Effectiveness

Return on Assets (TTM) 1.65%
Return on Equity (TTM) 0.33%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 5315952799
Price to Sales(TTM) 2.29
Enterprise Value 5315952799
Price to Sales(TTM) 2.29
Enterprise Value to Revenue 2.84
Enterprise Value to EBITDA 18.3
Shares Outstanding 75030096
Shares Floating 67247976
Shares Outstanding 75030096
Shares Floating 67247976
Percent Insiders 13.06
Percent Institutions 93.81

Analyst Ratings

Rating 4.71
Target Price 71.57
Buy 2
Strong Buy 5
Buy 2
Strong Buy 5
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 radiology practices, it evolved into a national leader in outpatient imaging services through organic growth and acquisitions.

business area logo Core Business Areas

  • Outpatient Diagnostic Imaging: RadNet's primary business is owning and operating outpatient imaging centers. They provide a comprehensive range of diagnostic imaging services.
  • Managed Services: RadNet also offers managed services to hospitals and other healthcare providers, including staffing, equipment, and billing services.
  • Technology Solutions: RadNet develops and licenses radiology information systems (RIS) and other technology solutions for managing imaging operations.

leadership logo Leadership and Structure

Dr. Howard Berger is the Chairman and CEO. The company has a standard corporate structure with executive leadership overseeing various functional areas.

Top Products and Market Share

overview logo Key Offerings

  • MRI Scans: Magnetic Resonance Imaging (MRI) scans are a significant part of RadNet's revenue. They compete with hospital-based imaging and other outpatient imaging providers. Market data varies but the out-patient MRI market is fragmented. Competitors include other imaging center chains and hospital radiology departments.
  • CT Scans: Computed Tomography (CT) scans are another core offering. Similar to MRI, competition comes from hospitals and other outpatient centers. Market share data is fragmented. Competitors include other imaging center chains and hospital radiology departments.
  • PET/CT Scans: Positron Emission Tomography/Computed Tomography (PET/CT) scans are used for cancer diagnosis and staging. This represents a growing segment of RadNet's services. Competitors include other imaging center chains and hospital radiology departments.

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. Consolidation is occurring within the industry.

Positioning

RadNet is one of the largest operators of outpatient imaging centers in the US. Its competitive advantages include its scale, geographic footprint, and technology platform.

Total Addressable Market (TAM)

The US medical imaging market is expected to reach hundreds of billions of dollars. RadNet is positioned to capture a significant share through organic growth and acquisitions.

Upturn SWOT Analysis

Strengths

  • Large network of outpatient imaging centers
  • Strong relationships with referring physicians
  • Advanced technology platform
  • Experienced management team
  • Ability to negotiate favorable reimbursement rates

Weaknesses

  • High debt levels
  • Dependence on reimbursement rates
  • Exposure to regulatory changes
  • Competition from hospitals
  • Capital intensive business

Opportunities

  • Acquisitions of smaller imaging centers
  • Expansion into new geographic markets
  • Development of new imaging technologies
  • Growth in demand for outpatient imaging services
  • Increased focus on preventive care

Threats

  • Decreases in reimbursement rates
  • Increased competition
  • Technological obsolescence
  • Economic downturns
  • Changes in healthcare regulations

Competitors and Market Share

competitor logo Key Competitors

  • CVS (CVS)
  • UnitedHealth Group (UNH)
  • HCA Healthcare (HCA)

Competitive Landscape

RadNet competes with other large imaging center chains, hospital-based imaging departments, and smaller independent imaging centers. They focus on outpatient diagnostic services and face reimbursement and regulation pressure.

Major Acquisitions

Diagnostic Health Corporation

  • Year: 2017
  • Acquisition Price (USD millions): 78.5
  • Strategic Rationale: Expansion in Texas and increased market share.

Growth Trajectory and Initiatives

Historical Growth: RadNet has grown significantly through acquisitions and organic growth over the past decade.

Future Projections: Analyst estimates vary, but generally project continued revenue growth and improved profitability.

Recent Initiatives: Recent initiatives include expanding into new markets, investing in new technology, and strengthening relationships with referring physicians.

Summary

RadNet is a leading outpatient imaging provider, growing through acquisitions and organic expansion. The company faces challenges related to reimbursement rates and debt but is well-positioned to benefit from the increasing demand for diagnostic imaging. Key strengths include its large network and technology platform, but its high debt and dependence on reimbursement pose risks. RadNet must continue to manage its costs and expand its service offerings to maintain its competitive edge.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is based on available information and is not financial advice. Market conditions and company performance can change rapidly.

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 11000
Full time employees 11000

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.