Consensus Take: RadNet, Inc. (NASDAQ:RDNT) Earnings & Ratings Watch


Investors and analysts will be looking ahead to RadNet, Inc. (NASDAQ:RDNT)’s next earnings report which is slated to be released sometime on or around 2016-11-14 for the period ending on 2016-09-30. Street analysts have a consensus EPS projection of $0.11 for the current quarter. The company posted EPS of $0.18 for the same quarter last year. 

Whether a company misses or beats analyst estimates, the earnings report may guide short-term stock price movemments. Investors may also take note of the directional trend of estimates before a company’s earnings report. The company most recently posted actual quarterly EPS of $0.08 compared to the Zacks Research consensus estimate of $0.03. The resulting difference was $0.05 creating a surprise factor of 166.67%. 3 brokerage firms are currently covering RadNet, Inc.. These analysts polled by Zacks Research currently have a mean target price of $9 on the stock. The highest target is currently $11 and the most conservative target sees the stock hitting $7 within the year.

Zacks Research uses an analyst ratings scale from 1 to 5. On this scale, a 1 would represent a Strong Buy, and a 5 rating would signal a Strong Sell recommendation. Combining all the recommendations on RadNet, Inc. (NASDAQ:RDNT), the mean currently stands at 1.67.

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. 

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply