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FONAR NasdaqCM:FONR Stock Report

Last Price

US$16.52

Market Cap

US$108.4m

7D

-8.5%

1Y

2.6%

Updated

17 Apr, 2024

Data

Company Financials

FONR Stock Overview

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States.

FONR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

FONAR Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for FONAR
Historical stock prices
Current Share PriceUS$16.52
52 Week HighUS$24.05
52 Week LowUS$12.13
Beta1.13
1 Month Change-23.55%
3 Month Change-14.14%
1 Year Change2.61%
3 Year Change-7.45%
5 Year Change-18.01%
Change since IPO-92.97%

Recent News & Updates

FONAR Corporation (NASDAQ:FONR) Doing What It Can To Lift Shares

Apr 12
FONAR Corporation (NASDAQ:FONR) Doing What It Can To Lift Shares

Recent updates

FONAR Corporation (NASDAQ:FONR) Doing What It Can To Lift Shares

Apr 12
FONAR Corporation (NASDAQ:FONR) Doing What It Can To Lift Shares

Fonar GAAP EPS of $1.75, revenue of $97.59M

Sep 27

FONAR: Balance Sheet Trends Point To A Firm Bottom Shortly

Aug 31

Adding To My Fonar Corporation Position

Jun 01

The Returns On Capital At FONAR (NASDAQ:FONR) Don't Inspire Confidence

May 12
The Returns On Capital At FONAR (NASDAQ:FONR) Don't Inspire Confidence

Revisiting My FONAR Corp. Mistake

Feb 15

FONAR Corporation: Finally Closing In On A Multi-Year Bottom

Oct 11

FONAR (NASDAQ:FONR) May Have Issues Allocating Its Capital

May 10
FONAR (NASDAQ:FONR) May Have Issues Allocating Its Capital

FONAR's (NASDAQ:FONR) Stock Price Has Reduced 19% In The Past Three Years

Mar 02
FONAR's (NASDAQ:FONR) Stock Price Has Reduced 19% In The Past Three Years

Will FONAR (NASDAQ:FONR) Multiply In Value Going Forward?

Feb 09
Will FONAR (NASDAQ:FONR) Multiply In Value Going Forward?

Is FONAR Corporation's (NASDAQ:FONR) Stock Price Struggling As A Result Of Its Mixed Financials?

Jan 19
Is FONAR Corporation's (NASDAQ:FONR) Stock Price Struggling As A Result Of Its Mixed Financials?

What Kind Of Investors Own Most Of FONAR Corporation (NASDAQ:FONR)?

Dec 29
What Kind Of Investors Own Most Of FONAR Corporation (NASDAQ:FONR)?

Fonar reports Q1 results

Nov 12

Shareholder Returns

FONRUS Medical EquipmentUS Market
7D-8.5%-4.1%-3.7%
1Y2.6%-2.2%20.5%

Return vs Industry: FONR matched the US Medical Equipment industry which returned 2.2% over the past year.

Return vs Market: FONR underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is FONR's price volatile compared to industry and market?
FONR volatility
FONR Average Weekly Movement5.0%
Medical Equipment Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: FONR's share price has been volatile over the past 3 months.

Volatility Over Time: FONR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970561Tim Damadianwww.fonar.com

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Diagnostic Services. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down.

FONAR Corporation Fundamentals Summary

How do FONAR's earnings and revenue compare to its market cap?
FONR fundamental statistics
Market capUS$108.40m
Earnings (TTM)US$12.36m
Revenue (TTM)US$102.42m

8.6x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FONR income statement (TTM)
RevenueUS$102.42m
Cost of RevenueUS$55.65m
Gross ProfitUS$46.77m
Other ExpensesUS$34.41m
EarningsUS$12.36m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.91
Gross Margin45.67%
Net Profit Margin12.07%
Debt/Equity Ratio0.09%

How did FONR perform over the long term?

See historical performance and comparison
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