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Market Cap 112.72M P/E 11.35 EPS this Y - Ern Qtrly Grth -32.90%
Income 10.08M Forward P/E - EPS next Y - 50D Avg Chg -1.00%
Sales 102.88M PEG - EPS past 5Y -42.27% 200D Avg Chg -
Dividend N/A Price/Book 0.72 EPS next 5Y - 52W High Chg -11.00%
Recommedations - Quick Ratio 7.63 Shares Outstanding 6.33M 52W Low Chg 27.00%
Insider Own 2.40% ROA 4.98% Shares Float 5.88M Beta 1.19
Inst Own 49.17% ROE 9.17% Shares Shorted/Prior 13.88K/13.74K Price 16.91
Gross Margin 43.88% Profit Margin 10.27% Avg. Volume 8,948 Target Price -
Oper. Margin 5.14% Earnings Date Nov 12 Volume 10,785 Change 0.00%
About Fonar Corporation

FONAR Corporation, together with its subsidiaries, designs, manufactures, sells, and services 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. It also provides non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters, and development and implementation of practice growth and marketing strategies. In addition, the company owns and operates diagnostic imaging facilities. The company markets its scanners to private diagnostic imaging centers and hospital outpatient imaging facilities. FONAR Corporation was founded in 1978 and is based in Melville, New York.

Fonar Corporation News
11/16/24 FONAR Reports First Quarter 2025 Earnings
11/15/24 FONAR Corporation's (NASDAQ:FONR) top owners are retail investors with 47% stake, while 43% is held by institutions
11/13/24 FONR Stock Gains Despite Q1 Earnings Dip and Rising Expenses
11/12/24 Fonar: Fiscal Q1 Earnings Snapshot
11/12/24 Fonar Announces Financial Results for the 1st Quarter of Fiscal 2025
10/30/24 The Zacks Analyst Blog Apple, Novo Nordisk, RTX and FONAR
10/29/24 Top Research Reports for Apple, Novo Nordisk & RTX
09/30/24 FONR's Stock Down Despite Earnings, Revenues Uptick in Fiscal 2024
09/27/24 Fonar Announces Fiscal 2024 Financial Results
08/23/24 Shareholders in FONAR (NASDAQ:FONR) are in the red if they invested five years ago
08/16/24 The Zacks Analyst Blog Highlights Booking Holdings, Palo Alto Networks, Deere and FONAR
08/15/24 Top Analyst Reports for Booking, Palo Alto Networks & Deere
07/16/24 Here's Why FONAR (NASDAQ:FONR) Has Caught The Eye Of Investors
06/09/24 Here's What's Concerning About FONAR's (NASDAQ:FONR) Returns On Capital
06/04/24 Zacks Initiates Coverage of FONAR Corporation With Outperform Recommendation
06/04/24 The Zacks Analyst Blog Highlights NextEra Energy, BP, Gilead Sciences, Hamilton Beach and FONAR
06/03/24 Top Stock Reports for NextEra Energy, BP & Gilead Sciences
05/15/24 Fonar Announces Fiscal 2024 Financial Results for 3rd Quarter and Nine-Month Period
04/24/24 With 50% institutional ownership, FONAR Corporation (NASDAQ:FONR) is a favorite amongst the big guns
03/16/24 FONAR's (NASDAQ:FONR) investors will be pleased with their respectable 36% return over the last year
FONR Chatroom

User Image newsfile_corp Posted - 1 week ago

https://nfne.ws/229411 $FONR #DAMADIAN #FONR #HMCA #STANDUPMRI #UPRIGHTMRI #HealthCare #Technology #Earnings #QuarterlyResults #Results #NA

User Image tknofile Posted - 2 weeks ago

$FONR this company might be a value trap Trading in low PE and PB However, reading the 10-K, it seems like the buyers of their device are the clinics that the CEO own.

User Image thinkandpick Posted - 1 month ago

$FONR $AVGO $INTC $MRVL $QCOM AI stocks. Thanks also to the use of AI, dirt-cheap Fonar (FONR) from the defensive healthcare sector generated positive operating cash flow and positive free cash flow for another quarter in a row. As a result, FONR's cash went up reaching $56.5 million at the end of Q4: https://www.newsfilecorp.com/release/224912/Fonar-Announces-Fiscal-2024-Financial-Results As a reminder, its cash was $54 million at the end of Q3.

User Image thinkandpick Posted - 1 month ago

$FONR $LABU $XLV $IBB $XBI Healthcare sector. Dirt-cheap FONAR (FONR) with the fortress balance sheet started using Artificial Intelligence (AI) a few months ago and the results to-date are very good increasing the total scan volume, as quoted below: "Another major reason for the increase in scan volume at HMCA-managed sites in Fiscal 2024 was the employment of SwiftMR™, an Artificial Intelligence (AI) product of AIRS Medical that enhances the quality of MRI images and enables shorter exam times. SwiftMR™ is a software product that denoises and sharpens already-acquired MRI images. Both the radiologists who interpret these "Swifted" MRI images and the physicians who refer their patients to HMCA-managed centers have been very pleased with the improvements in image quality. And, of course, the owners of HMCA-managed centers are benefitting from the increase in the number of referrals as well as the ability to scan more patients per hour.": https://www.newsfilecorp.com/release/224912/Fonar-Announces-Fiscal-2024-Financial-Results

User Image icanhearyouclemfandango Posted - 1 month ago

$FONR Can anyone explain this? I know that there is Preferred stock without voting rights but seems like they get 5mil a year from common stock shareholders?? Rort!

User Image thinkandpick Posted - 09/30/24

$FONR $AVGO $INTC $AI $BBAI AI stocks. Dirt-cheap FONAR (FONR) from the defensive healthcare sector will grow its business in FY 2025, because it has taken new growth initiatives such as the use of Artificial Intelligence (AI) software and will also install 2 new MRI scanners in its facilities. Moreover, thanks to its fortress balance sheet, FONR seeks to acquire new locations, according to its news:https://www.newsfilecorp.com/release/224912/Fonar-Announces-Fiscal-2024-Financial-Results

User Image thinkandpick Posted - 09/30/24

$FONR $XBI $IBB $XLV $LABU Excellent results for FONAR (FONR) with YoY improvements on all fronts! FONR maintains a fortress balance sheet with $56 million in net cash! So FONR's current Enterprise Value at $16 per share is only $51 million!

User Image mastix Posted - 09/30/24

$FONR Book value 24$ and the stock is 15$...wtf. increase in revenue year to year but the price goes down 10%.......Tomorrow I will invest in any meme crypto or stock ...those are the ones that go up 1000% every time the CEO farts......

User Image newsfile_corp Posted - 09/27/24

https://nfne.ws/224912 $FONR #DAMADIAN #FONR #HMCA #STANDUPMRI #UPRIGHTMRI #HealthCare #Technology #Earnings #Results #NASDAQ #Investing

User Image Dragan7 Posted - 2 months ago

$FONR Why down?

User Image NVDAMillionaire Posted - 3 months ago

$FONR FONR: Fonar’s Upright MRI Driving Impressive Growth http://beyondspx.com/2024/08/02/fonr-fonars-upright-mri-driving-impressive-growth/

User Image PenkeTrading Posted - 4 months ago

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Fonar Corporation. Is that bullish or bearish? $FONR #FONR #nasdaq #tradingsignals #technicalanalysis

User Image thinkandpick Posted - 4 months ago

$FONR $LABU $XLV $IBB $XBI Healthcare sector. Debt-free FONAR Corporation (FONR): Shares Look Ready To Embark On A Sustained Bullish Run, comprehensive SA article: https://seekingalpha.com/article/4704212-fonar-corporation-shares-look-ready-to-embark-on-a-sustained-bullish-run-technical-analysis

User Image NVDAMillionaire Posted - 4 months ago

$FONR FONAR Corporation (NASDAQ:FONR): Leveraging Innovative MRI Technology and Diagnostic Imaging Management Services http://beyondspx.com/2024/07/12/fonar-corporation-nasdaqfonr-leveraging-innovative-mri-technology-and-diagnostic-imaging-management-services/

User Image RichardXR Posted - 4 months ago

@thinkandpick I asked you to gives us the installed base numbers of $FONR stand-up devices by year for the past few years...

User Image thinkandpick Posted - 4 months ago

$FONR $XLV $IBB $XBI Healthcare sector. See why Fonar (FONR) is dirt-cheap. FONR is profitable with a fortress debt-free cash-rich balance sheet and its Enterprise Value is only 0.8 times its Revenue. Nano-X Imaging $NNOX from the same industry (X-ray devices and associated medical imaging services) loses money and trades more than 20 times its Revenue!!! https://www.newsfilecorp.com/release/209172/Fonar-Announces-Fiscal-2024-Financial-Results-for-3rd-Quarter-and-NineMonth-Period

User Image TickerDD_com Posted - 4 months ago

From 6/28/2024, looking back across 21 Month-Ends for FONR, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $FONR #FONR #FONRStock #TickerDD #FONRPrice https://www.youtube.com/watch?v=_AalZza0_-c

User Image thinkandpick Posted - 5 months ago

$FONR $XLV $LABU $XBI $IBB Healthcare stocks. Zacks Initiates Coverage of FONAR Corporation (FONR) With Outperform Recommendation: https://www.zacks.com/stock/news/2283398/zacks-initiates-coverage-of-fonar-corporation-with-outperform-recommendation?cid=CS-YAHOO-FT-analyst_blog|zer_report_update-2283398&t=FONR Reminder. FONR is one of those few healthcare companies that began using AI a few months ago.

User Image thinkandpick Posted - 05/23/24

$FONR Thanks to the use of AI software, Fonar's (FONR) scan volumes have gone up significantly, resulting in higher revenue. But FONR is still a stealth AI name, because it began using AI very recently, so most do not know FONR and its solid profitability. If FONR had the multiples of other AI plays such as $BBAI $SOUN $AITX $SMCI etc. FONR would trade well above $30 FONR's current Enterprise Value is only 0.5 times its Revenue and 2 times its adj. EBITDA, so it's dirt-cheap:https://www.newsfilecorp.com/release/209172/Fonar-Announces-Fiscal-2024-Financial-Results-for-3rd-Quarter-and-NineMonth-Period

User Image thinkandpick Posted - 05/22/24

$FONR $INTC $QCOM $MRVL $AI AI stocks. Undiscovered and dirt-cheap Fonar (FONR) is the new kid on the block that joins the AI space by using AI software and getting impressive results, according to the CEO:https://www.newsfilecorp.com/release/209172/Fonar-Announces-Fiscal-2024-Financial-Results-for-3rd-Quarter-and-NineMonth-Period Specifically, the scan volumes have gone up 50% compared to prior year period, which means more revenue for FONR.

User Image thinkandpick Posted - 6 months ago

$FONR $XBI $IBB $XLV $LABU Healthcare sector. Fonar (FONR) has $54 million in cash and ZERO debt, so its current Enterprise Value at $15 per share is only $47 million!!! Revenue and adj. EBITDA in 2024 will be about $100 million and $35 million, respectively. So FONR is dirt-cheap. On top of this, thanks to the ongoing growth initiatives including the use of AI, there is no question that FONR will keep growing its business in the next quarters: https://www.newsfilecorp.com/release/209172/Fonar-Announces-Fiscal-2024-Financial-Results-for-3rd-Quarter-and-NineMonth-Period

User Image thinkandpick Posted - 6 months ago

$FONR $XLV $XBI $IBB $LABU Healthcare sector. Debt-free, cash-rich, dirt-cheap Fonar (FONR) has bought back its stock at $16.67 per share, as quoted below: "I would also like to report that pursuant to our September 13, 2022 announcement of a FONAR stock repurchase plan of up to $9 million, the Company has, as of March 31, 2024, repurchased 218,656 shares at a cost of $3,644,101."https://www.newsfilecorp.com/release/209172/Fonar-Announces-Fiscal-2024-Financial-Results-for-3rd-Quarter-and-NineMonth-Period

User Image newsfile_corp Posted - 6 months ago

https://nfne.ws/209172 $FONR #DAMADIAN #FONR #HMCA #STANDUPMRI #UPRIGHTMRI #HealthCare #Technology #Earnings #QuarterlyResults #Results #NA

User Image Stock_Titan Posted - 6 months ago

$FONR Fonar Announces Fiscal 2024 Financial Results for 3rd Quarter and Nine-Month Period https://www.stocktitan.net/news/FONR/fonar-announces-fiscal-2024-financial-results-for-3rd-quarter-and-jfmry8nn7ku1.html

User Image figg428 Posted - 6 months ago

$FONR

User Image brenbto Posted - 9 months ago

$FONR

User Image Doozio Posted - 9 months ago

$FONR it’s $tru and all da BAH is a 🎁!

User Image MaverikIT Posted - 9 months ago

@net0trader @RonIsWrong @Cash4freedom @Wigglyick @IsabellaDC @Im_not_Mr_Lebowski $FONR

User Image newsfile_corp Posted - 9 months ago

https://nfne.ws/197839 $FONR #DAMADIAN #HMCA #STANDUPMRI #UPRIGHTMRI #HealthCare #Technology #Earnings #QuarterlyResults #Results #NASDAQ #

User Image Stock_Titan Posted - 9 months ago

$FONR Fonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2024 https://www.stocktitan.net/news/FONR/fonar-announces-six-months-and-2nd-quarter-financial-results-for-gn8zq9dc0gy3.html

Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Bonanni Luciano B Exec VP, COO & PFO Exec VP, COO & PFO Sep 29 Buy 13.99 4,700 65,753 54,253 10/03/22