Fonar Corporation

Company Profile

Fonar Corporation had its IPO on 1987-01-01 under the ticker symbol FONR.

The company operates in the Healthcare sector and Diagnostics & Research industry. Fonar Corporation has a staff strength of 484 employees.

Stock update

Shares of Fonar Corporation opened at $15.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $15.9 - $16.09, and closed at $15.92.

This is a -0.81% slip from the previous day's closing price.

A total volume of 4,571 shares were traded at the close of the day’s session.

In the last one week, shares of Fonar Corporation have slipped by -2.81%.

Fonar Corporation's Key Ratios

Fonar Corporation has a market cap of $106.99 million, indicating a price to book ratio of 0.7668 and a price to sales ratio of 1.2026.

In the last 12-months Fonar Corporation’s revenue was $97.68 million with a gross profit of $47.01 million and an EBITDA of $20.80 million. The EBITDA ratio measures Fonar Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fonar Corporation’s operating margin was 16.84% while its return on assets stood at 5.21% with a return of equity of 9.22%.

In Q1, Fonar Corporation’s quarterly earnings growth was a positive 68.9% while revenue growth was a positive 3.5%.

Fonar Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

10.9184

PEG

0

Its diluted EPS in the last 12-months stands at $1.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Fonar Corporation’s profitability.

Fonar Corporation stock is trading at a EV to sales ratio of 1.0942 and a EV to EBITDA ratio of 3.6034. Its price to sales ratio in the trailing 12-months stood at 1.2026.

Fonar Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$199.34 million

Total Liabilities

$13.93 million

Operating Cash Flow

$-2204000.00

Capital Expenditure

$2.20 million

Dividend Payout Ratio

0%

Fonar Corporation ended 2024 with $199.34 million in total assets and $0 in total liabilities. Its intangible assets were valued at $199.34 million while shareholder equity stood at $157.18 million.

Fonar Corporation ended 2024 with $1.23 million in deferred long-term liabilities, $13.93 million in other current liabilities, 1000.00 in common stock, $-25428000.00 in retained earnings and $4.27 million in goodwill. Its cash balance stood at $49.64 million and cash and short-term investments were $49.67 million. The company’s total short-term debt was $4,241,000 while long-term debt stood at $126000.00.

Fonar Corporation’s total current assets stands at $122.00 million while long-term investments were $0 and short-term investments were $32000.00. Its net receivables were $68.50 million compared to accounts payable of $1.72 million and inventory worth $2.66 million.

In 2024, Fonar Corporation's operating cash flow was $-2204000.00 while its capital expenditure stood at $2.20 million.

Comparatively, Fonar Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$15.92

52-Week High

$19

52-Week Low

$13.28

Analyst Target Price

$

Fonar Corporation stock is currently trading at $15.92 per share. It touched a 52-week high of $19 and a 52-week low of $19. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $16.71 and 200-day moving average was $16.98 The short ratio stood at 1.42 indicating a short percent outstanding of 0%.

Around 365.6% of the company’s stock are held by insiders while 4698% are held by institutions.