RadNet Stock Target Price and Analyst Consensus

RDNT Stock  USD 81.30  0.86  1.05%   
The current analyst and expert consensus on RadNet is Strong Buy, with 3 strong buy opinions. The current projected RadNet target price consensus is 39.00 with 6 analyst opinions. Check out Macroaxis Advice on RadNet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way RadNet Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview RadNet executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on RadNet. We strongly encourage you to use your own analysis of RadNet Inc to validate this buy or sell advice. RadNet buy-or-sell recommendation module provides average expert sentiment on the projected RadNet Inc target price to derive its highest and lowest estimates based on projected price volatility of 3.3082.
Lowest Forecast
35.49
Highest Forecast
43.29
Target Price
39
At this time, RadNet's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.03 in 2024, whereas Gross Profit Margin is likely to drop 0.05 in 2024. At this time, RadNet's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 2.2 B in 2024, whereas Net Receivables is likely to drop slightly above 99.6 M in 2024.
  
It's important to approach RadNet's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

RadNet Target Price Consensus

RadNet target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. RadNet's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Strong Buy
Most RadNet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand RadNet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of RadNet Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

RadNet Target Price Projection

RadNet's current and average target prices are 81.30 and 39.00, respectively. The current price of RadNet is the price at which RadNet Inc is currently trading. On the other hand, RadNet's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

RadNet Market Quote on 22nd of November 2024

Low Price81.15Odds
High Price83.0Odds

81.3

Target Price

Analyst Consensus On RadNet Target Price

Low Estimate35.49Odds
High Estimate43.29Odds

39.0

Historical Lowest Forecast  35.49 Target Price  39.0 Highest Forecast  43.29
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on RadNet Inc and the information provided on this page.

RadNet Analyst Ratings

RadNet's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about RadNet stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of RadNet's financials, market performance, and future outlook by experienced professionals. RadNet's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize RadNet price targets

RadNet's stock target price is an estimate of its future price, usually made by analysts. Using RadNet's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at RadNet's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if RadNet's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional RadNet Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of RadNet is a key component of RadNet valuation and have some predictive power on the future returns of a RadNet.
Hype
Prediction
LowEstimatedHigh
78.4181.6984.97
Details
Intrinsic
Valuation
LowRealHigh
61.9065.1889.43
Details
Naive
Forecast
LowNextHigh
77.8381.1184.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.150.170.18
Details

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Additional Tools for RadNet Stock Analysis

When running RadNet's price analysis, check to measure RadNet'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 RadNet is operating at the current time. Most of RadNet's value examination focuses on studying past and present price action to predict the probability of RadNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RadNet's price. Additionally, you may evaluate how the addition of RadNet to your portfolios can decrease your overall portfolio volatility.