Fonar Stock Analysis

Fonar Stock Analysis Notes

About 50.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.56. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fonar last dividend was issued on the 18th of March 1999. The entity had 1:25 split on the 17th of April 2007. FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging scanners for the detection and diagnosis of human diseases in the United States. The company was incorporated in 1978 and is based in Melville, New York. Fonar Corp operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 484 people. To learn more about Fonar call Timothy Damadian at 631-694-2929 or check out https://www.fonar.com.

Fonar Investment Alerts

Fonar Upcoming and Recent Events

Fonar Environmental, Social, and Governance (ESG) Scores

Fonar Thematic Classifications

Fonar Stock Institutional Investors

Note, although Fonar's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Fonar Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 95.29 M.

Fonar Profitablity

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Management Efficiency

Fonar has return on total asset (ROA) of 0.0498 % which means that it generated a profit of $0.0498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0917 %, meaning that it created $0.0917 on every $100 dollars invested by stockholders. Fonar's management efficiency ratios could be used to measure how well Fonar manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Fonar's Return On Tangible Assets are relatively stable compared to the past year. As of 11/22/2024, Return On Assets is likely to grow to 0.05, while Return On Capital Employed is likely to drop 0.08. At this time, Fonar's Return On Assets are relatively stable compared to the past year. As of 11/22/2024, Asset Turnover is likely to grow to 0.81, while Other Assets are likely to drop slightly above 10 M.

Technical Drivers

As of the 22nd of November, Fonar shows the Variance of 5.34, standard deviation of 2.31, and Mean Deviation of 1.51. Fonar technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fonar variance and potential upside to decide if Fonar is priced favorably, providing market reflects its regular price of 16.45 per share. Given that Fonar has information ratio of (0.06), we urge you to verify Fonar's prevailing market performance to make sure the company can sustain itself at a future point.

Fonar Price Movement Analysis

Fonar Insider Trading Activities

Fonar Predictive Daily Indicators

Fonar Corporate Filings

Fonar Forecast Models

Fonar's time-series forecasting models are one of many Fonar's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fonar's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Fonar prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fonar shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Fonar. By using and applying Fonar Stock analysis, traders can create a robust methodology for identifying Fonar entry and exit points for their positions.

When running Fonar's price analysis, check to measure Fonar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.