With 1.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.77 million shares. The 52-week range on RDNT shows that it touched its highest point at $93.65 and its lowest point at $42.45 during that stretch. It currently has a 1-year price target of $77.67. Beta for the stock currently stands at 1.59.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RDNT was down-trending over the past week, with a drop of -9.30%, but this was down by -25.30% over a month. Three-month performance dropped to -37.61% while six-month performance fell -19.77%. The stock gained 6.07% in the past year, while it has lost -27.96% so far this year. A look at the trailing 12-month EPS for RDNT yields 0.03 with Next year EPS estimates of 0.81. For the next quarter, that number is -0.11. This implies an EPS growth rate of 1351.88% for this year and 38.61% for next year.
Float and Shares Shorts:
At present, 74.04 million RDNT shares are outstanding with a float of 65.98 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RDNT since 11 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.36431 being high and $0.33291 being low. For RDNT, this leads to a yearly average estimate of $0.35175. Based on analyst estimates, the high estimate for the next quarter is $0.25 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.17.
