RadNet (NASDAQ: RDNT) is one of 21 publicly-traded companies in the “Medical laboratories” industry, but how does it compare to its peers? We will compare RadNet to similar businesses based on the strength of its valuation, analyst recommendations, risk, dividends, earnings, profitability and institutional ownership.
Insider and Institutional Ownership
55.8% of RadNet shares are held by institutional investors. Comparatively, 50.4% of shares of all “Medical laboratories” companies are held by institutional investors. 9.4% of RadNet shares are held by company insiders. Comparatively, 18.5% of shares of all “Medical laboratories” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares RadNet and its peers’ net margins, return on equity and return on assets.
||Return on Equity
||Return on Assets
Volatility & Risk
RadNet has a beta of 0.38, meaning that its stock price is 62% less volatile than the S&P 500. Comparatively, RadNet’s peers have a beta of 1.23, meaning that their average stock price is 23% more volatile than the S&P 500.
This is a breakdown of current ratings for RadNet and its peers, as reported by MarketBeat.
||Strong Buy Ratings
RadNet currently has a consensus target price of $14.67, suggesting a potential upside of 1.85%. As a group, “Medical laboratories” companies have a potential upside of 20.36%. Given RadNet’s peers higher possible upside, analysts plainly believe RadNet has less favorable growth aspects than its peers.
Valuation & Earnings
This table compares RadNet and its peers top-line revenue, earnings per share (EPS) and valuation.
RadNet’s peers have higher revenue and earnings than RadNet. RadNet is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
RadNet peers beat RadNet on 7 of the 13 factors compared.
RadNet Company Profile
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. 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 for the imaging industry, including picture archiving communications systems; and provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals, and imaging center customers. As of December 31, 2017, it operated 297 facilities directly or indirectly through joint ventures with hospitals in California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
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