How to Buy Radnet Stock
Radnet Inc
RadNet, Inc. , together with its subsidiaries, provides outpatient diagnostic imaging services in the United States.
Radnet stock last closed at $48.67, down 0.33% from the previous day, and has increased 74.69% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.8 percentage points. Radnet stock is currently +93.83% from its 52-week low of $25.11, and -2.55% from its 52-week high of $49.94.
There are currently 68.48M RDNT shares outstanding. The market value of RDNT is $3.33B. In the last 24 hours, 469,202 RDNT shares were traded.
How to Buy Radnet Stock
Wondering how to invest in Radnet stock? Here's how.
- Decide where to buy Radnet stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Radnet stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Analyze Radnet stock: The Radnet ticker symbol is RDNT. Is Radnet stock a good investment? Should you buy shares of RDNT? How do RDNT's underlying business fundamentals look? Do top analysts think Radnet is a good buy? Why has RDNT's stock price moved recently? (Hint: Our stock analysis website can help you understand if RDNT is a good stock to buy).
- Execute your RDNT purchase: Decide if you will purchase RDNT shares at the current market price or use a limit order to buy RDNT stock at a particular price.
- Track your investment in RDNT: Create a watchlist to get the latest news on your position in Radnet shares.
Step 1: Decide where to buy Radnet stock
You need an online brokerage account to access the NASDAQ market and buy RDNT stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you are able to buy RDNT stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the best stock trading apps, you need to deposit funds:
Check out this video walkthrough for more details depositing money into your investment account.
Step 4: Analyze Radnet stock
After you have selected the best place to buy Radnet stock, it's absolutely critical to evaluate their stock prior to investing, so you actually understand the risk as well as the opportunity.
Overview of key RDNT info
Fundamentals of RDNT
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on RDNT's stock page.
What is the fair value of RDNT stock?
Investors use many financial metrics, analyses, models, and charts to gauge RDNT's true value.
Using relative valuations metrics:
- RDNT could be overvalued based on its P/E ratio of 973.4x, relative to Diagnostics & Research industry P/E ratio of 38.76x
- RDNT could be overvalued based on its P/B ratio of 5.28x, relative to Diagnostics & Research industry P/B ratio of 4.22x
- RDNT could be overvalued based on its PEG ratio of 1.25x
You can access more valuation research on RDNT's stock here.
RDNT Financial Summary
Signs that RDNT is financially healthy:
- Total RDNT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the RDNT balance sheet.
Signs that RDNT is not financially healthy:
- RDNT's operating cash flow of $220.86M allows it to safely service it's debt of $1.49B.
- There are more long-term liabilities than short-term assets on the RDNT balance sheet.
- RDNT profit margin has gone down from 0.7% to 0.2% in the past year.
- RDNT has a relatively high debt to equity ratio of 2.98.
- RDNT earnings of $76.00M is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy Radnet stock
Out of 3 Equities analysts who monitor RDNT, the consensus analyst rating on Radnet is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Radnet stock forecast page.
RDNT Trading Indicators
How are RDNT Revenues/Earnings doing?
Last year, RDNT earnings were $3.04M. In the last five year, RDNT's earnings have grown by -40.49% per year. This was slower than the Diagnostics & Research industry average of 12.91%.
Last year, RDNT revenue was $1.62B. Over the last 5 year, RDNT's revenue has grown by 10.64% per year. This was slower than the Diagnostics & Research industry average of 12.4%.
Learn more about RDNT's earnings and revenue performance here.
Latest Insiders Trades at RDNT
Over the past 12 months, executives and large shareholders at RDNT have sold more shares than they have bought.
Michael N. Murdock, EVP Chief Development Offcr of RDNT, was the latest RDNT insider to sell. They sold $354,227.30 worth of RDNT shares on Dec 5, 2023.
Get more info about who owns RDNT shares here.
Can I get consistent income from RDNT stock?
No, Radnet doesn't provide an income stream by paying out dividends.
What others are saying about RDNT
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your RDNT purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want more help with buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in RDNT
Now that you own some RDNT shares, you'll want to keep up with your shares.
Make a watchlist to get the latest updates about your RDNT stock.
RDNT Feed
How to Buy Stock in Radnet
To reiterate, here are the 6 steps to buy Radnet stock:
- Decide where to buy Radnet stock
- Open your brokerage account
- Deposit funds into your investment account
- Analyze Radnet stock
- Execute your RDNT purchase
- Track your investment in RDNT
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Radnet, add RDNT to your watchlist by clicking the button below.
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