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FONAR NasdaqCM:FONR Stock Report

Last Price

US$15.30

Market Cap

US$99.4m

7D

-1.0%

1Y

10.9%

Updated

29 Oct, 2024

Data

Company Financials

FONR Stock Overview

Engages in the designing, manufacturing, and selling magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries 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$15.30
52 Week HighUS$24.05
52 Week LowUS$13.32
Beta1.19
11 Month Change-12.62%
3 Month Change-17.21%
1 Year Change10.95%
33 Year Change-7.94%
5 Year Change-24.22%
Change since IPO-93.49%

Recent News & Updates

FONAR (NASDAQ:FONR) Will Want To Turn Around Its Return Trends

May 21
FONAR (NASDAQ:FONR) Will Want To Turn Around Its Return Trends

Recent updates

FONAR (NASDAQ:FONR) Will Want To Turn Around Its Return Trends

May 21
FONAR (NASDAQ:FONR) Will Want To Turn Around Its Return Trends

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-1.0%-1.2%-0.09%
1Y10.9%30.2%38.6%

Return vs Industry: FONR underperformed the US Medical Equipment industry which returned 32.5% over the past year.

Return vs Market: FONR underperformed the US Market which returned 39.5% over the past year.

Price Volatility

Is FONR's price volatile compared to industry and market?
FONR volatility
FONR Average Weekly Movement3.8%
Medical Equipment Industry Average Movement7.9%
Market Average Movement6.1%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market3.0%

Stable Share Price: FONR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FONR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978520Tim Damadianwww.fonar.com

FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, and selling magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries in the United States. It operates in two segments, Medical Equipment, and Physician Management and Diagnostic Services. The company offers Upright MRI scanner, 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$99.36m
Earnings (TTM)US$10.08m
Revenue (TTM)US$102.88m

9.8x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FONR income statement (TTM)
RevenueUS$102.88m
Cost of RevenueUS$57.74m
Gross ProfitUS$45.14m
Other ExpensesUS$35.06m
EarningsUS$10.08m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.56
Gross Margin43.87%
Net Profit Margin9.79%
Debt/Equity Ratio0.07%

How did FONR perform over the long term?

See historical performance and comparison