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EPS for RadNet, Inc. (RDNT) Expected At $0.04; Shorts at Nuvasive (NUVA) Lowered By 4.09%

RadNet, Inc. (NASDAQ:RDNT) Logo

Nuvasive Inc (NASDAQ:NUVA) had a decrease of 4.09% in short interest. NUVA’s SI was 4.66M shares in April as released by FINRA. Its down 4.09% from 4.86M shares previously. With 552,400 avg volume, 8 days are for Nuvasive Inc (NASDAQ:NUVA)’s short sellers to cover NUVA’s short positions. The SI to Nuvasive Inc’s float is 9.23%. The stock increased 1.13% or $0.59 during the last trading session, reaching $52.91. About 581,346 shares traded. NuVasive, Inc. (NASDAQ:NUVA) has declined 32.39% since April 18, 2017 and is downtrending. It has underperformed by 43.94% the S&P500.

Analysts expect RadNet, Inc. (NASDAQ:RDNT) to report $0.04 EPS on May, 9.They anticipate $0.05 EPS change or 500.00% from last quarter’s $-0.01 EPS. RDNT’s profit would be $1.93M giving it 87.34 P/E if the $0.04 EPS is correct. After having $0.13 EPS previously, RadNet, Inc.’s analysts see -69.23% EPS growth. The stock decreased 4.93% or $0.725 during the last trading session, reaching $13.975. About 302,018 shares traded or 8.64% up from the average. RadNet, Inc. (NASDAQ:RDNT) has risen 130.77% since April 18, 2017 and is uptrending. It has outperformed by 119.22% the S&P500.

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company has market cap of $674.04 million. The Company’s services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology , fluoroscopy, and other related procedures, as well as multi-modality imaging services. It has a 13975 P/E ratio. The firm also develops and sells computerized systems for the imaging industry, including picture archiving communications systems; and provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals, and imaging center customers.

Among 4 analysts covering RadNet (NASDAQ:RDNT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. RadNet had 8 analyst reports since March 15, 2016 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Thursday, July 13. The rating was maintained by Jefferies on Tuesday, March 15 with “Hold”. The stock of RadNet, Inc. (NASDAQ:RDNT) earned “Buy” rating by Sidoti on Friday, April 15. The stock of RadNet, Inc. (NASDAQ:RDNT) has “Neutral” rating given on Thursday, June 2 by Sterne Agee CRT. As per Thursday, November 9, the company rating was maintained by Jefferies. On Tuesday, August 22 the stock rating was upgraded by Jefferies to “Buy”. Jefferies maintained RadNet, Inc. (NASDAQ:RDNT) rating on Thursday, March 8. Jefferies has “Buy” rating and $14.0 target.

Since March 1, 2018, it had 2 insider purchases, and 0 insider sales for $593,220 activity. LUCIER GREGORY T had bought 6,000 shares worth $301,800.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.04, from 0.95 in 2017Q3. It dropped, as 39 investors sold NuVasive, Inc. shares while 78 reduced holdings. 37 funds opened positions while 70 raised stakes. 51.31 million shares or 4.77% less from 53.88 million shares in 2017Q3 were reported. Swiss Bank holds 0.01% or 86,569 shares. Moreover, Lombard Odier Asset Mngmt (Switzerland) has 0.68% invested in NuVasive, Inc. (NASDAQ:NUVA) for 120,000 shares. Riverhead Mngmt Limited Company has 0.01% invested in NuVasive, Inc. (NASDAQ:NUVA) for 5,487 shares. Consonance Limited Partnership owns 675,000 shares. Barclays Public Limited Com owns 55,727 shares. Moreover, Aqr Cap Mgmt Ltd Liability has 0% invested in NuVasive, Inc. (NASDAQ:NUVA) for 9,920 shares. Moreover, Gamco Et Al has 0.06% invested in NuVasive, Inc. (NASDAQ:NUVA) for 176,608 shares. Axa has 800,475 shares. Telemus Cap Lc stated it has 0% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA). Prelude Ltd Company accumulated 571 shares or 0% of the stock. Jennison Associate Limited Liability Corporation has 0.01% invested in NuVasive, Inc. (NASDAQ:NUVA) for 175,978 shares. California State Teachers Retirement Systems invested 0.01% in NuVasive, Inc. (NASDAQ:NUVA). Penn Capital Management has invested 0.13% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA). Nordea Investment accumulated 14,700 shares or 0% of the stock. X Limited Company accumulated 318 shares or 0% of the stock.

Among 23 analysts covering Nuvasive Inc. (NASDAQ:NUVA), 17 have Buy rating, 0 Sell and 6 Hold. Therefore 74% are positive. Nuvasive Inc. had 73 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Wednesday, August 16. BMO Capital Markets maintained the shares of NUVA in report on Thursday, August 31 with “Buy” rating. Jefferies maintained NuVasive, Inc. (NASDAQ:NUVA) rating on Friday, July 28. Jefferies has “Buy” rating and $7900 target. The stock has “Buy” rating by Needham on Thursday, January 4. The firm has “Equal-Weight” rating given on Friday, October 6 by Morgan Stanley. The rating was downgraded by Robert W. Baird on Friday, July 28 to “Neutral”. The rating was maintained by Leerink Swann on Thursday, October 12 with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Tuesday, June 6. On Wednesday, September 6 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3.

RadNet, Inc. (NASDAQ:RDNT) Institutional Positions Chart

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