Fonar Corporation (FONR): Price and Financial Metrics


Fonar Corporation (FONR)

Today's Latest Price: $19.29 USD

0.23 (-1.18%)

Updated Nov 27 1:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 143 in Medical - Devices & Equipment

See all "A" rated Strong Buy stocks

FONR Stock Summary

  • With a market capitalization of $131,750,237, Fonar Corp has a greater market value than only 23.38% of US stocks.
  • Of note is the ratio of Fonar Corp's sales and general administrative expense to its total operating expenses; 79.6% of US stocks have a lower such ratio.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 1.4 for Fonar Corp; that's greater than it is for just 20.22% of US stocks.
  • Stocks that are quantitatively similar to FONR, based on their financial statements, market capitalization, and price volatility, are NLS, NHTC, SF, GO, and AP.
  • Visit FONR's SEC page to see the company's official filings. To visit the company's web site, go to www.fonar.com.

FONR Stock Price Chart Interactive Chart >

Price chart for FONR

FONR Price/Volume Stats

Current price $19.29 52-week high $26.49
Prev. close $19.52 52-week low $11.00
Day low $18.90 Volume 34,000
Day high $19.75 Avg. volume 33,949
50-day MA $20.66 Dividend yield N/A
200-day MA $20.93 Market Cap 124.38M

Fonar Corporation (FONR) Company Bio


Fonar Corporation engages in the design, manufacture, sale, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, and other medical conditions and injuries. It operates in two segments, Medical Equipment, and Physician and Diagnostic Services Management. The company was founded in 1978 and is based in Melville, New York.

FONR Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$19.29$21.59 7%

We started the process of determining a valid price forecast for Fonar Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Fonar Corp ranked in the 48th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 7.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Fonar Corp, consider:

  • Fonar Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 17.18% of tickers in our DCF set.
  • The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Healthcare).


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%5%
1%6%
2%7%
3%8%
4%9%
5%10%

For other companies in the Healthcare that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FONR, try IART, LCI, INBP, PAHC, and QDEL.


FONR Latest News Stream


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Latest FONR News From Around the Web

Below are the latest news stories about Fonar Corp that investors may wish to consider to help them evaluate FONR as an investment opportunity.

Fonar reports FY results

Fonar (FONR): FY GAAP EPS of $1.18.Revenue of $85.69M (-1.7% Y/Y)Press Release...

Seeking Alpha | September 29, 2020

What Percentage Of FONAR Corporation (NASDAQ:FONR) Shares Do Insiders Own?

If you want to know who really controls FONAR Corporation (NASDAQ:FONR), then you'll have to look at the makeup of its...

Yahoo | July 21, 2020

FONAR to join key indexes this month

FONAR (FONR) will be added to the Russell 3000 and Russell 2000 indexes effective Monday, June 29, at the open....

Seeking Alpha | June 25, 2020

Hedge Funds Have Never Been More Bullish On Fonar Corporation (FONR)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]

Yahoo | June 25, 2020

FONAR Set to Join Russell 3000 and 2000 Indexes

FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today that upon the opening of U.S. markets on June 29, 2020, FONAR will, as part of the annual reconstitution of the Russell Indexes, be joining the broad-market Russell 3000® Index and the Russell 2000® Index. The Russell 3000 Index is a market-capitalization-weighted equity index that tracks the performance of the 3,000 largest U.S.-traded stocks. The Russell 2000 is a subset of the smallest 2000 components.

Yahoo | June 25, 2020

Read More 'FONR' Stories Here

FONR Price Returns

1-mo -1.78%
3-mo -23.97%
6-mo -21.14%
1-year -2.92%
3-year -22.37%
5-year 17.84%
YTD -2.03%
2019 -2.72%
2018 -16.88%
2017 27.15%
2016 10.95%
2015 65.96%

Continue Researching FONR

Want to see what other sources are saying about Fonar Corp's financials and stock price? Try the links below:

Fonar Corp (FONR) Stock Price | Nasdaq
Fonar Corp (FONR) Stock Quote, History and News - Yahoo Finance
Fonar Corp (FONR) Stock Price and Basic Information | MarketWatch


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