Digirad Corporation provides healthcare solutions in the United States and internationally. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Digirad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DRAD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: DRAD's weekly volatility has decreased from 22% to 9% over the past year.
7 Day Return
1 Year Return
Return vs Industry: DRAD underperformed the US Healthcare industry which returned 13.8% over the past year.
Return vs Market: DRAD underperformed the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Digirad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StHealth Check: How Prudently Does Digirad (NASDAQ:DRAD) Use Debt?
2 months ago | Simply Wall StBreakeven On The Horizon For Digirad Corporation (NASDAQ:DRAD)
3 months ago | Simply Wall StA Look At Digirad's (NASDAQ:DRAD) CEO Remuneration
Is Digirad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DRAD ($2.77) is trading below our estimate of fair value ($6.74)
Significantly Below Fair Value: DRAD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DRAD is unprofitable, so we can't compare its PE Ratio to the US Healthcare industry average.
PE vs Market: DRAD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRAD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRAD is good value based on its PB Ratio (0.7x) compared to the US Healthcare industry average (3.2x).
How is Digirad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DRAD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: DRAD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DRAD's is expected to become profitable in the next 3 years.
Revenue vs Market: DRAD's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: DRAD's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DRAD's Return on Equity is forecast to be high in 3 years time
How has Digirad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRAD is currently unprofitable.
Growing Profit Margin: DRAD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DRAD is unprofitable, and losses have increased over the past 5 years at a rate of 47.2% per year.
Accelerating Growth: Unable to compare DRAD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DRAD is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (22.6%).
Return on Equity
High ROE: DRAD has a negative Return on Equity (-15.58%), as it is currently unprofitable.
How is Digirad's financial position?
Financial Position Analysis
Short Term Liabilities: DRAD's short term assets ($31.6M) exceed its short term liabilities ($24.9M).
Long Term Liabilities: DRAD's short term assets ($31.6M) exceed its long term liabilities ($20.9M).
Debt to Equity History and Analysis
Debt Level: DRAD's debt to equity ratio (58%) is considered high.
Reducing Debt: DRAD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DRAD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DRAD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Digirad current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DRAD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DRAD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DRAD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DRAD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DRAD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DRAD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Molchan (53 yo)
Mr. Matthew Gabel Molchan, also known as Matt, has been the Chief Executive Officer and Director of Digirad Corporation since July 1, 2013 and has been its President since February 2013. Mr. Molchan served...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD809.76K) is above average for companies of similar size in the US market ($USD561.31K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
|CFO & COO||1.83yrs||US$695.77k||1.12% |
|President of Digirad Imaging Solutions||4.83yrs||US$492.94k||0.13% |
|Vice President of Legal & Finance||no data||no data||no data|
|Senior Director of Human Resource||no data||no data||no data|
Experienced Management: DRAD's management team is considered experienced (4.8 years average tenure).
|Independent Director||1.83yrs||US$63.38k||1.02% |
|Independent Director||12.67yrs||US$62.07k||0.43% |
|Independent Director||6.83yrs||US$65.07k||0.34% |
|Executive Chairman of Digirad Imaging Solutions||8.83yrs||no data||no data|
|Chairman of the Board||7.75yrs||US$63.91k||3.3% |
Experienced Board: DRAD's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DRAD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 132.3%.
Digirad Corporation's company bio, employee growth, exchange listings and data sources
- Name: Digirad Corporation
- Ticker: DRAD
- Exchange: NasdaqGM
- Founded: 1985
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: US$13.184m
- Shares outstanding: 4.76m
- Website: https://www.digirad.com
Number of Employees
- Digirad Corporation
- 1048 Industrial Court
- Suite E
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DRAD||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jun 2004|
|FDV1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2004|
|DRAD.P||NasdaqGM (Nasdaq Global Market)||10% CUM SR A PFD||US||USD||Sep 2019|
Digirad Corporation provides healthcare solutions in the United States and internationally. It operates through five segments: Diagnostic Services, Diagnostic Imaging, Mobile Healthcare, Building and Const...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 23:17|
|End of Day Share Price||2020/11/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.