RadNet (RDNT) Competitors

$48.40
-0.45 (-0.92%)
(As of 04/26/2024 ET)

RDNT vs. FTRE, GH, VCYT, VRDN, FLGT, CSTL, CDNA, GTH, BDSX, and BNR

Should you be buying RadNet stock or one of its competitors? The main competitors of RadNet include Fortrea (FTRE), Guardant Health (GH), Veracyte (VCYT), Viridian Therapeutics (VRDN), Fulgent Genetics (FLGT), Castle Biosciences (CSTL), CareDx (CDNA), Genetron (GTH), Biodesix (BDSX), and Burning Rock Biotech (BNR).

RadNet vs.

RadNet (NASDAQ:RDNT) and Fortrea (NASDAQ:FTRE) are both mid-cap medical companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, analyst recommendations, risk, profitability, community ranking, institutional ownership and earnings.

RadNet has higher earnings, but lower revenue than Fortrea.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RadNet$1.62B2.05$3.04M-$0.02-2,420.00
Fortrea$3.11B1.04-$3.40MN/AN/A

In the previous week, RadNet had 1 more articles in the media than Fortrea. MarketBeat recorded 5 mentions for RadNet and 4 mentions for Fortrea. Fortrea's average media sentiment score of 1.25 beat RadNet's score of 0.61 indicating that Fortrea is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RadNet
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortrea
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

RadNet presently has a consensus target price of $53.67, indicating a potential upside of 10.88%. Fortrea has a consensus target price of $37.29, indicating a potential upside of 2.57%. Given RadNet's stronger consensus rating and higher possible upside, equities research analysts clearly believe RadNet is more favorable than Fortrea.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RadNet
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Fortrea
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38

RadNet has a net margin of 0.19% compared to Fortrea's net margin of 0.00%. RadNet's return on equity of 4.72% beat Fortrea's return on equity.

Company Net Margins Return on Equity Return on Assets
RadNet0.19% 4.72% 1.29%
Fortrea N/A N/A N/A

RadNet received 334 more outperform votes than Fortrea when rated by MarketBeat users. Likewise, 65.83% of users gave RadNet an outperform vote while only 38.46% of users gave Fortrea an outperform vote.

CompanyUnderperformOutperform
RadNetOutperform Votes
339
65.83%
Underperform Votes
176
34.17%
FortreaOutperform Votes
5
38.46%
Underperform Votes
8
61.54%

77.9% of RadNet shares are owned by institutional investors. 4.4% of RadNet shares are owned by insiders. Comparatively, 0.1% of Fortrea shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

RadNet beats Fortrea on 12 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RDNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RDNT vs. The Competition

MetricRadNetMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$3.31B$2.06B$4.95B$7.64B
Dividend YieldN/A1.96%2.92%3.94%
P/E Ratio-2,418.793.47145.6514.96
Price / Sales2.05127.622,368.1885.79
Price / Cash14.53414.9448.1935.33
Price / Book4.113.274.624.26
Net Income$3.04M-$136.53M$103.92M$214.06M
7 Day Performance4.04%1.71%0.74%1.88%
1 Month Performance-0.53%-9.78%-8.16%-5.70%
1 Year Performance74.98%-14.28%3.70%6.72%

RadNet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTRE
Fortrea
0.3622 of 5 stars
$36.81
-3.2%
$37.29
+1.3%
N/A$3.29B$3.11B0.0018,000Positive News
GH
Guardant Health
4.6214 of 5 stars
$16.16
-5.3%
$40.40
+150.0%
-20.0%$1.97B$563.95M-3.781,779Analyst Report
Short Interest ↑
VCYT
Veracyte
3.6138 of 5 stars
$18.92
-2.3%
$29.00
+53.3%
-13.4%$1.42B$361.05M-18.37815News Coverage
VRDN
Viridian Therapeutics
1.1786 of 5 stars
$15.09
-3.5%
$36.60
+142.5%
-53.6%$947.20M$310,000.00-2.8494Positive News
FLGT
Fulgent Genetics
4.3517 of 5 stars
$20.72
-0.1%
$30.00
+44.8%
-31.4%$619.53M$289.21M-3.671,184Upcoming Earnings
CSTL
Castle Biosciences
1.61 of 5 stars
$18.94
-1.5%
$31.00
+63.7%
-8.2%$519.90M$219.79M-8.77610Upcoming Earnings
CDNA
CareDx
3.8214 of 5 stars
$7.85
-4.3%
$11.00
+40.1%
-2.8%$406.47M$280.32M-2.22635Short Interest ↓
GTH
Genetron
0 of 5 stars
$4.03
+0.2%
N/A+42.9%$127.43M$94.34M0.00993Positive News
High Trading Volume
BDSX
Biodesix
2.3576 of 5 stars
$1.25
flat
$3.50
+180.0%
-29.0%$121.18M$49.09M-1.92217Short Interest ↑
Gap Down
BNR
Burning Rock Biotech
0 of 5 stars
$0.76
-5.0%
N/A-73.1%$78.02M$558.59M-0.851,138Stock Split
News Coverage
Gap Down

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This page (NASDAQ:RDNT) was last updated on 4/28/2024 by MarketBeat.com Staff

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