Fonar Corporation (FONR): Price and Financial Metrics
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FONR POWR Grades
- FONR scores best on the Stability dimension, with a Stability rank ahead of 96.21% of US stocks.
- FONR's strongest trending metric is Growth; it's been moving down over the last 177 days.
- FONR ranks lowest in Growth; there it ranks in the 19th percentile.
FONR Stock Summary
- FONR's went public 29.44 years ago, making it older than 79.27% of listed US stocks we're tracking.
- Of note is the ratio of FONAR CORP's sales and general administrative expense to its total operating expenses; 79.45% of US stocks have a lower such ratio.
- FONR's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of just 18.04% of US stocks.
- If you're looking for stocks that are quantitatively similar to FONAR CORP, a group of peers worth examining would be NVST, HSII, NSYS, OPY, and TRT.
- 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 Valuation Summary
- FONR's price/sales ratio is 1.1; this is 42.11% lower than that of the median Healthcare stock.
- FONR's price/sales ratio has moved down 0.3 over the prior 243 months.
Below are key valuation metrics over time for FONR.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FONR | 2023-03-24 | 1.1 | 0.7 | 13.1 | 6.6 |
| FONR | 2023-03-23 | 1.1 | 0.7 | 13.0 | 6.5 |
| FONR | 2023-03-22 | 1.1 | 0.7 | 13.2 | 6.7 |
| FONR | 2023-03-21 | 1.1 | 0.7 | 13.4 | 6.8 |
| FONR | 2023-03-20 | 1.1 | 0.7 | 13.2 | 6.7 |
| FONR | 2023-03-17 | 1.2 | 0.7 | 13.5 | 6.8 |
FONR Growth Metrics
- The year over year cash and equivalents growth rate now stands at 12.74%.
- Its 3 year net income to common stockholders growth rate is now at -46.82%.
- The 2 year net cashflow from operations growth rate now stands at -20.66%.
The table below shows FONR's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 96.83015 | 15.36836 | 8.281796 |
| 2022-09-30 | 97.05315 | 16.75736 | 9.961796 |
| 2022-06-30 | 97.59215 | 15.30136 | 11.6908 |
| 2022-03-31 | 97.47576 | 16.065 | 10.25913 |
| 2021-12-31 | 95.99477 | 15.331 | 11.74013 |
| 2021-09-30 | 92.68076 | 16.547 | 10.88913 |
FONR's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FONR has a Quality Grade of B, ranking ahead of 88.69% of graded US stocks.
- FONR's asset turnover comes in at 0.487 -- ranking 97th of 186 Medical Equipment stocks.
- SMLR, STXS, and BMRA are the stocks whose asset turnover ratios are most correlated with FONR.
The table below shows FONR's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.487 | 0.483 | 0.095 |
| 2021-03-31 | 0.472 | 0.503 | 0.077 |
| 2020-12-31 | 0.474 | 0.508 | 0.066 |
| 2020-09-30 | 0.482 | 0.505 | 0.064 |
| 2020-06-30 | 0.497 | 0.495 | 0.069 |
| 2020-03-31 | 0.543 | 0.477 | 0.094 |
FONR Stock Price Chart Interactive Chart >
FONR Price/Volume Stats
| Current price | $15.40 | 52-week high | $19.13 |
| Prev. close | $15.40 | 52-week low | $13.28 |
| Day low | $15.25 | Volume | 13,100 |
| Day high | $15.65 | Avg. volume | 12,541 |
| 50-day MA | $17.25 | Dividend yield | N/A |
| 200-day MA | $16.18 | Market Cap | 100.69M |
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.
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.
Great news for FONAR Corporation (NASDAQ:FONR): Insiders acquired stock in large numbers last yearUsually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like... |
FONAR Board of Directors Appoints Independent DirectorMelville, New York--(Newsfile Corp. - March 20, 2023) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, today announced that its board of directors appointed Jessica Maher as a replacement independent director to a vacancy on the Company's board of directors and audit committee.Timothy Damadian, chairman, president and CEO of FONAR, said, "FONAR's primary source of income and growth is attributable to its diagnostic imaging management subsidiary, Health Management Company of Ameri |
Fonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2023Total MRI scan volume at the HMCA-managed sites decreased 5% to 89,888 scans for the six months ending December 31, 2022 versus the corresponding period one year earlier. Cash and cash equivalents and short-term investments increased 2% to $49.5 million at December 31, 2022, versus the fiscal year ended June 30, 2022. Total Revenues-Net for the six month period ended December 31, 2022 decreased by 2% to $47.4 million, and for the quarter ... |
FONAR (NASDAQ:FONR) Could Be Struggling To Allocate CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly... |
While institutions own 39% of FONAR Corporation (NASDAQ:FONR), individual investors are its largest shareholders with 50% ownershipIf you want to know who really controls FONAR Corporation ( NASDAQ:FONR ), then you'll have to look at the makeup of... |
FONR Price Returns
| 1-mo | -9.31% |
| 3-mo | -10.52% |
| 6-mo | 8.83% |
| 1-year | -18.13% |
| 3-year | 6.94% |
| 5-year | -48.32% |
| YTD | -8.06% |
| 2022 | 11.82% |
| 2021 | -13.71% |
| 2020 | -11.83% |
| 2019 | -2.72% |
| 2018 | -16.88% |
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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