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RadNet (RDNT)

(Real Time Quote from BATS)

$48.62 USD

48.62
327,822

-0.21 (-0.43%)

Updated Apr 24, 2024 03:54 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 38% (95 out of 252)

Industry: Medical - Outpatient and Home Healthcare

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Better trading starts here.

Balance Sheet

Research for RDNT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for RadNet, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 343 128 135 102 40
Receivables 164 166 135 130 155
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 73 73 55 39 48
Total Current Assets 579 367 324 270 243
Net Property & Equipment 604 566 484 399 367
Investments & Advances 93 58 42 35 34
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 2 2 17 36 36
Intangibles 770 784 570 525 484
Deposits & Other Assets 46 53 36 37 37
Total Assets 2,690 2,434 2,058 1,787 1,647
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 18 12 11 40 40
Accounts Payable 343 370 264 237 208
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 3 3
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 21 27 34 53 16
Total Current Liabilities 437 467 375 398 327
Mortgages 0 0 0 0 0
Deferred Taxes/Income 16 9 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 812 839 744 613 653
Non-Current Capital Leases 0 0 0 1 3
Other Non-Current Liabilities 7 23 16 53 10
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,877 1,942 1,712 1,528 1,414
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 723 436 343 308 263
Retained Earnings -80 -83 -93 -118 -103
Other Equity 170 138 97 69 73
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 813 491 346 258 233
Total Liabilities & Shareholder's Equity 2,690 2,434 2,058 1,787 1,647
Total Common Equity 813 491 346 258 233
Shares Outstanding 69.00 57.30 53.10 51.60 50.30
Book Value Per Share 11.79 8.58 6.52 5.01 4.63

Fiscal Year End for RadNet, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 343 338 357 91
Receivables NA 164 168 174 176
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 73 73 72 75
Total Current Assets NA 579 579 603 343
Net Property & Equipment NA 604 577 576 545
Investments & Advances NA 93 94 52 59
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 2 2 2 2
Intangibles NA 770 768 788 790
Deposits & Other Assets NA 46 54 57 51
Total Assets NA 2,690 2,688 2,705 2,414
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 18 16 16 16
Accounts Payable NA 343 302 333 297
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 21 30 26 36
Total Current Liabilities NA 437 407 434 407
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 16 17 10 10
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 812 844 848 852
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 10 23 28
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 1,877 1,892 1,944 1,921
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 723 715 704 449
Retained Earnings NA -80 -78 -95 -104
Other Equity NA 170 159 153 148
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 813 796 761 493
Total Liabilities & Shareholder's Equity NA 2,690 2,688 2,705 2,414
Total Common Equity 0 813 796 761 493
Shares Outstanding 68.40 69.00 67.70 58.30 58.10
Book Value Per Share 0.00 11.79 11.76 13.05 8.49