RadNet Inc (NASDAQ: RDNT). Notable positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
RadNet Inc (NASDAQ: RDNT) has recently enjoyed significant positive changes in investment behavior: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RDNT is expected to be a modest Value Builder.
RadNet has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. RadNet has a very low Appreciation Score of 14 but a very high Power Rating of 91, resulting in the Neutral Value Trend Rating.
Recent Price Action
On 6/21/24, RadNet Inc (NASDAQ: RDNT) stock enjoyed a large increase of 2.5%, closing at $58.74. Moreover, trading volume in this advance was exceptionally high at 304% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.9% during the last week.
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