Fonar Corp (FONR)Healthcare | Diagnostics & Research | Melville, United States |
USD
|
Hot Take ↕ | June 7, 2026, 9:17 a.m. UTC
The immediate outlook is overwhelmingly bullish due to a definitive management-led buyout offer at $19 per share, which aligns closely with the current trading price and represents a clear exit strategy for public shareholders. This corporate action effectively removes the need to speculate on future operational performance, as the deal provides a guaranteed return at the current level. However, the long-term investment thesis for holding the stock is neutral; the company has experienced a multi-year period of declining annual returns ending with two consecutive negative years, indicating a lack of sustained growth momentum despite a fortress-like balance sheet with minimal debt relative to equity. Furthermore, there is no dividend income to offset the capital gains requirement, making the stock unsuitable for income-focused investors. The statistical forecasting models show low confidence in short-term price movements, suggesting that the recent price stability is driven by the pending merger news rather than organic market dynamics. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.014675 |
| AutoETS | 0.014675 |
| MSTL | 0.014677 |
| AutoTheta | 0.014678 |
| MSTL_74_126 | 0.027105 |
| MSTL_74 | 0.041030 |
| MSTL_126 | 0.081330 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 26.93 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.215 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Ex Dividend Date | 1999-03-18 |
| Last Dividend Date | 1999-03-18 |
| Debt to Equity Ratio | 23.612 |
| Revenue per Share | 16.079 |
| Market Cap | 120,195,888 |
| Trailing P/E | 19.09 |
| Beta | 0.96 |
| Profit Margins | 6.35% |
| Website | https://www.fonar.com |
| Date | Dividend | Yield % |
|---|---|---|
| 1999-03-18 | 0.19 | 0.565476 |
| 1998-12-16 | 0.19 | 0.593286 |
| 1998-09-15 | 0.19 | 0.486244 |
| 1998-05-13 | 0.57 | 0.868571 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.3165517 |
| Address1 | 110 Marcus Drive |
| All Time High | 125.0 |
| All Time Low | 0.62 |
| Ask | 24.46 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 261,696 |
| Average Volume | 81,549 |
| Average Volume10Days | 261,696 |
| Beta | 0.955 |
| Bid | 13.75 |
| Bid Size | 200 |
| Book Value | 27.007 |
| City | Melville |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Currency | USD |
| Current Price | 19.09 |
| Current Ratio | 9.18 |
| Date Short Interest | 1,778,803,200 |
| Day High | 19.13 |
| Day Low | 19.085 |
| Debt To Equity | 23.612 |
| Earnings Growth | -0.371 |
| Earnings Quarterly Growth | -0.345 |
| Ebitda | 13,764,078 |
| Ebitda Margins | 0.13067001 |
| Enterprise To Ebitda | 6.976 |
| Enterprise To Revenue | 0.912 |
| Enterprise Value | 96,016,320 |
| Ex Dividend Date | 921,715,200 |
| Exchange | NGM |
| Exchange Timezone Name | UTC |
| Fax | 631 753 5150 |
| Fifty Day Average | 18.8191 |
| Fifty Two Week High | 19.155 |
| Fifty Two Week Low | 13.62 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 659,889,000 |
| Float Shares | 5,479,552 |
| Free Cashflow | 1,072,506 |
| Full Time Employees | 535 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.40258998 |
| Gross Profits | 42,408,008 |
| Held Percent Insiders | 0.16328 |
| Held Percent Institutions | 0.40342 |
| Implied Shares Outstanding | 6,296,275 |
| Industry | Diagnostics & Research |
| Industry Disp | Diagnostics & Research |
| Industry Key | diagnostics-research |
| Ir Website | http://www.fonar.com/investor.htm |
| Last Dividend Date | 921,715,200 |
| Last Dividend Value | 0.19 |
| Last Fiscal Year End | 1,751,241,600 |
| Last Split Date | 1,176,768,000 |
| Last Split Factor | 1:25 |
| Long Business Summary | FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of 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 an Upright MRI scanner, which 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 legal and regulatory 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. |
| Long Name | Fonar Corp |
| Market Cap | 120,195,888 |
| Max Age | 86,400 |
| Message Board Id | finmb_273298 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 6,370,818 |
| Next Fiscal Year End | 1,782,777,600 |
| Non Diluted Market Cap | 120,195,893 |
| Open | 19.09 |
| Operating Cashflow | 7,659,882 |
| Operating Margins | 0.09232 |
| Payout Ratio | 0.0 |
| Phone | 631 694 2929 |
| Previous Close | 0.0 |
| Price Hint | 2 |
| Price To Book | 0.7068538 |
| Price To Sales Trailing12 Months | 1.1410462 |
| Profit Margins | 0.06351 |
| Quick Ratio | 8.854 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Regular Market Day High | 19.13 |
| Regular Market Day Low | 19.085 |
| Regular Market Open | 19.09 |
| Regular Market Previous Close | 0.0 |
| Regular Market Volume | 935,991 |
| Return On Assets | 0.027449999 |
| Return On Equity | 0.0547 |
| Revenue Growth | -0.026 |
| Revenue Per Share | 16.079 |
| Sand P52 Week Change | 0.23177934 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 6,168,625 |
| Shares Percent Shares Out | 0.0104 |
| Shares Short | 65,509 |
| Shares Short Previous Month Date | 1,776,211,200 |
| Shares Short Prior Month | 41,536 |
| Short Name | Fonar Corporation |
| Short Percent Of Float | 0.0109 |
| Short Ratio | 1.3 |
| State | NY |
| Symbol | FONR |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| Total Cash | 53,772,000 |
| Total Cash Per Share | 8.207 |
| Total Debt | 38,831,000 |
| Total Revenue | 105,338,320 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | NaN |
| Trailing Eps | 1.0 |
| Trailing P E | 19.09 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 17.097075 |
| Underlying Symbol | FONR |
| Uuid | 3a6c5957-c703-32e1-bf36-972192de0040 |
| Volume | 935,991 |
| Website | https://www.fonar.com |
| Zip | 11,747 |