RadNet Inc. ($RDNT) Confident Investor Rating: Poor
| Company name | RadNet Inc. |
| Stock ticker | RDNT |
| Live stock price | [stckqut]RDNT[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Fair |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Poor |
ANALYSIS
| Confident Investor Rating | Poor |
| Target stock price (TWCA growth scenario) | $2.92 |
| Target stock price (averages with growth) | $0.19 |
| Target stock price (averages with no growth) | $0.19 |
| Target stock price (manual assumptions) | $1.88 |
The following company description is from Google Finance: http://www.google.com/finance?q=rdnt
RadNet, Inc. (RadNet) is engaged in providing freestanding, fixed-site outpatient diagnostic imaging services in the United States. The Company’s services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. On November 7, 2011, the Company completed the acquisition of all outstanding equity interests in Raven Holdings U.S., Inc. In November 2011, the Company acquired 21 imaging facilities in Maryland, Delaware and Rhode Island, consisting of the majority of the United States imaging operations of CML HealthCare Inc. (CML). On August 1, 2011, the Company completed the acquisition of a multi-modality imaging center located in San Jacinto, California from San Jacinto Imaging, LLC. On February 18, 2011, the Company completed the acquisition of Team Radiology, Inc. On December 31, 2012, it acquired Lenox Hill Radiology.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in RadNet Inc.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
Stock price at the time of the calculation: $1.9
Growth: 0.1
Current EPS (TTM): $1.34
P/E: 1.4
Future EPS Calc: $2.15
Future Stock Price Calc: $3.02
Target stock price: $1.87
I hope that this makes you a better investor. [/s2If]