How to buy Fonar Corporation stock (FONR)

Fonar Corporation is a diagnostics & research business based in the US. Fonar Corporation shares (FONR) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $15.14 – a decrease of 0.98% over the previous week. Fonar Corporation employs 520 staff and has a trailing 12-month revenue of around $102.9 million.

Our top picks for where to buy Fonar Corporation stock

Buy Fonar Corporation stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Fonar Corporation stock price (NASDAQ: FONR)

Use our graph to track the performance of FONR stocks over time.

Fonar Corporation shares at a glance

• Key figures

Information last updated 2024-12-15.

Latest market close	$15.14
52-week range	$14.05 - $24.05
50-day moving average more info button	$15.89
200-day moving average more info button	$17.48
Wall St. target price	N/A
PE ratio more info button	10.6357
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$1.40

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

Historical closes compared with the close of $15.14 from 2024-12-20

1 week (2024-12-16)	-3.81%
1 month (2024-11-22)	-7.91%
3 months (2024-09-23)	-12.08%
6 months (2024-06-21)	-1.37%

1 year (2023-12-22)	-23.88%
2 years (2022-12-23)	-10.20%
3 years (2021-12-23)	2.64%
5 years (2019-12-23)	19.6

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 11x. In other words, Fonar Corporation shares trade at around 11x 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 $21.1 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	$102.9 million
Operating margin TTM	5.14%
Gross profit TTM	$45.7 million
Return on assets TTM	4.98%
Return on equity TTM	9.17%
Profit margin	10.27%
Book value	$25.71
Market Capitalization more info button	$95.3 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 $14.05 up to $24.05. 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 1.194. This would suggest that Fonar Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Fonar Corporation overview

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. 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.

Frequently asked questions

null
What percentage of Fonar Corporation is owned by insiders or institutions?
Currently 2.422% of Fonar Corporation shares are held by insiders and 49.783% by institutions. How many people work for Fonar Corporation?
Latest data suggests 520 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