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How to buy Fonar Corporation stock
Learn how to easily invest in Fonar Corporation stock.
Fonar Corporation is a medical devices business based in the US. Fonar Corporation shares (FONR) are listed on the NASDAQ and all prices are listed in US Dollars. Fonar Corporation employs 495 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Fonar Corporation
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- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – FONR – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Fonar Corporation stock price (NASDAQ: FONR)Use our graph to track the performance of FONR stocks over time.
Fonar Corporation shares at a glance
|Latest market close||$14.95|
|52-week range||$14.24 - $19.32|
|50-day moving average||$16.36|
|200-day moving average||$16.54|
|Wall St. target price||N/A|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$1.49|
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Is it a good time to buy Fonar Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Fonar Corporation price performance over time
|1 week (2022-06-27)||-4.66%|
|1 month (2022-06-03)||-4.90%|
|3 months (2022-03-31)||N/A|
|6 months (2022-01-04)||-4.78%|
|1 year (2021-07-02)||-14.08%|
|2 years (2020-07-02)||-28.47%|
|3 years (2019-07-03)||21.12|
|5 years (2017-07-03)||28.05|
Is Fonar Corporation stock undervalued or overvalued?
Valuing Fonar Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fonar Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Fonar Corporation's P/E ratio
Fonar Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Fonar Corporation shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Fonar Corporation's EBITDA
Fonar Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $26.2 million.
The EBITDA is a measure of a Fonar Corporation's overall financial performance and is widely used to measure a its profitability.
Fonar Corporation financials
|Revenue TTM||$97.5 million|
|Operating margin TTM||22.27%|
|Gross profit TTM||$43.5 million|
|Return on assets TTM||7.12%|
|Return on equity TTM||11.31%|
|Market capitalisation||$99.9 million|
TTM: trailing 12 months
Fonar Corporation share dividends
We're not expecting Fonar Corporation to pay a dividend over the next 12 months.
Have Fonar Corporation's shares ever split?
Fonar Corporation's shares were split on a 1:25 basis on 16 April 2007. So if you had owned 25 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Fonar Corporation shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Fonar Corporation shares which in turn could have impacted Fonar Corporation's share price.
Fonar Corporation share price volatility
Over the last 12 months, Fonar Corporation's shares have ranged in value from as little as $14.24 up to $19.32. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Fonar Corporation's is 0.8299. This would suggest that Fonar Corporation's shares are less volatile than average (for this exchange).
Fonar Corporation 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. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers 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 the development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 39 MRI scanning facilities, including 25 facilities located in New York and 14 situated in Florida. It markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.
Frequently asked questionsWhat percentage of Fonar Corporation is owned by insiders or institutions?
Currently 3.258% of Fonar Corporation shares are held by insiders and 49.171% by institutions. How many people work for Fonar Corporation?
Latest data suggests 495 work at Fonar Corporation. When does the fiscal year end for Fonar Corporation?
Fonar Corporation's fiscal year ends in June. Where is Fonar Corporation based?
Fonar Corporation's address is: 110 Marcus Drive, Melville, NY, United States, 11747 What is Fonar Corporation's ISIN number?
Fonar Corporation's international securities identification number is: US3444374058 What is Fonar Corporation's CUSIP number?
Fonar Corporation's Committee on Uniform Securities Identification Procedures number is: 344437108
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