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FONR Overview

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Intellectia

Loading chart...

High
18.575
Open
18.560
VWAP
18.57
Vol
6.63K
Mkt Cap
116.94M
Low
18.560
Amount
123.10K
EV/EBITDA(TTM)
4.37
Total Shares
6.30M
EV
68.99M
EV/OCF(TTM)
7.48
P/S(TTM)
1.17
FONAR Corporation is engaged in the research, development, production and marketing of medical scanning equipment, which uses principles of Magnetic Resonance Imaging (MRI) for the detection and diagnosis of human diseases. The Company conducts its business in two segments: medical equipment and physician management and diagnostic services. Its medical equipment segment is conducted directly through the Company. Its physician management and diagnostic services segment is conducted through its subsidiary, Health Management Corporation of America (HMCA). Its signature product is the FONAR UPRIGHT Multi-Position MRI (STAND-UP MRI). HMCA provides management services, administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, hiring, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging. HMCA owns and operates six diagnostic imaging facilities in Florida.
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Events Timeline

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News

Globenewswire
7.0
03-31Globenewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Investigation Focus: Halper Sadeh LLC is investigating National Storage Affiliates Trust (NYSE: NSA) for its sale to Public Storage, where each National Storage share or unit may be exchanged for 0.14 shares of Public Storage stock, potentially impacting shareholder rights.
  • Merger Transaction: Equitable Holdings, Inc. (NYSE: EQH) is merging with Corebridge Financial, Inc., allowing Equitable shareholders to exchange each share for 1.55516 shares of the combined company, resulting in approximately 49% ownership post-merger, which may affect shareholder control.
  • Shareholder Rights Protection: In the sale of Coterra Energy Inc. (NYSE: CTRA) to Devon Energy Corporation, each Coterra share is convertible into 0.70 shares of Devon stock, and Halper Sadeh LLC may seek increased consideration and additional disclosures for shareholders.
  • FONAR Transaction: FONAR Corporation (NASDAQ: FONR) is selling its Class B and Class C stock for $19.00 and $6.34 per share, respectively, with Halper Sadeh LLC representing shareholders to seek increased compensation and other benefits, ensuring the protection of shareholder rights.
Globenewswire
8.5
03-31Globenewswire
Monteverde Law Firm Investigates Mergers for Shareholder Recovery
  • Merger Investigation: Monteverde & Associates is investigating the merger between Corebridge Financial and Equitable Holdings, with Corebridge shareholders expected to own approximately 51% of the combined entity, indicating significant implications for shareholder equity post-merger.
  • Olaplex Shareholder Payout: Under the proposed sale to Henkel US Operations, Olaplex Holdings shareholders are anticipated to receive $2.06 per share in cash, providing a direct financial benefit to shareholders amidst the transaction.
  • FONAR Stock Buyback: FONAR Corporation's shareholders will receive $19.00 per share for Class B common stock and $6.34 per share for Class C common stock as part of the transaction with company executives, offering substantial returns to stockholders.
  • Coterra Energy Transaction: In the deal with Devon Energy, Coterra shareholders will receive 0.70 shares of Devon common stock for each share of Coterra common stock, which is expected to alter the shareholder structure and potentially impact future shareholder value.
PRnewswire
7.0
03-27PRnewswire
Investor Rights Law Firm Investigates Multiple Companies for Potential Violations
  • Investigation Focus: Halper Sadeh LLC is investigating Warner Bros. Discovery, Inc. (NASDAQ:WBD) for potential violations of federal securities laws related to its sale to Paramount Skydance Corporation at $31.00 per share, raising concerns about fiduciary duties to shareholders.
  • FONAR Transaction: FONAR Corporation (NASDAQ:FONR) is under scrutiny for selling to CEO Timothy Damadian and certain executives at $19.00 per share for Class B common stock and $6.34 per share for Class C common stock, which may infringe on shareholder rights and interests.
  • Urgent.ly Sale: The sale of Urgent.ly, Inc. (NASDAQ:ULY) to Agero, Inc. for $5.50 per share has prompted Halper Sadeh LLC to encourage shareholders to explore their rights and options, highlighting potential issues in the transaction.
  • Legal Service Commitment: Halper Sadeh LLC offers legal services on a contingency fee basis, ensuring that investors affected by securities fraud and corporate misconduct can seek relief without upfront costs, reflecting their commitment to investor rights and corporate accountability.
Globenewswire
7.0
03-26Globenewswire
Monteverde Law Firm Investigates Multiple Company Transactions
  • Veris Residential Investigation: Monteverde & Associates is investigating Veris Residential, Inc. (NYSE:VRE) regarding its sale to an investor consortium led by Affinius Capital, with shareholders expected to receive $19.00 per share in cash, providing a stable return for investors.
  • Warner Bros. Discovery Transaction: The firm is also focusing on Warner Bros. Discovery, Inc. (NASDAQ:WBD) and its sale to Paramount Skydance Corporation, where shareholders are anticipated to receive $31.00 per share in cash plus additional ticking consideration, enhancing potential returns for shareholders.
  • National Storage Affiliates Trust Sale: Monteverde is investigating National Storage Affiliates Trust (NYSE:NSA) related to its sale to Public Storage, where shareholders will receive 0.14 shares of Public Storage common stock or partnership units for each share, offering an equity conversion opportunity for investors.
  • FONAR Corporation Sale: The firm is also looking into FONAR Corporation (NASDAQ:FONR) and its sale to affiliates of CEO Timothy Damadian, with Class B shareholders receiving $19.00 per share and Class C shareholders receiving $6.34 per share, ensuring clear cash returns for shareholders.
Globenewswire
8.5
03-25Globenewswire
Monteverde Law Firm Investigates Multiple Mergers
  • Shareholder Protection: Monteverde Law Firm is investigating the merger of Athena Technology Acquisition Corp. II with Ace Green Recycling, Inc., which is expected to provide shareholders with stock, enhancing shareholder rights protection.
  • Transaction Details: Coterra Energy, Inc. will exchange shares at a ratio of 0.70 shares of Devon Energy common stock per share, with a shareholder vote scheduled for May 4, 2026, demonstrating the company's transparency and compliance in mergers.
  • Cash Return Commitment: Arcellx, Inc. shareholders are expected to receive $115.00 per share in cash plus a contingent value right of $5.00, reflecting the company's commitment to shareholder returns and future growth potential.
  • Management Impact: FONAR Corporation shareholders will receive $19.00 and $6.34 per share, indicating active involvement from management in the merger and a focus on shareholder interests.
PRnewswire
7.0
03-24PRnewswire
Investor Rights Law Firm Investigates Multiple Companies for Potential Violations
  • Legal Investigation Launched: Halper Sadeh LLC is investigating UniFirst Corporation for its sale to Cintas Corporation at $155.00 per share in cash and 0.7720 shares of Cintas stock, potentially violating fiduciary duties to shareholders, aiming to ensure fair treatment for investors.
  • Shareholder Rights Protection: The firm encourages shareholders of UniFirst, Talkspace, and FONAR to reach out to discuss their rights and options, ensuring they receive reasonable compensation and transparent disclosures in the transactions to avoid potential conflicts of interest.
  • Transaction Details Disclosed: Talkspace is being sold to Universal Health Services for $5.25 per share, while FONAR's Class B and Class C stocks are sold for $19.00 and $6.34 per share respectively, with Halper Sadeh LLC potentially seeking increased consideration and additional disclosures to protect investor interests.
  • Global Investor Support: Halper Sadeh LLC represents investors worldwide, committed to combating securities fraud and corporate misconduct, having successfully recovered millions for victims in the past, showcasing its expertise in safeguarding investor rights.

Valuation Metrics

The current forward P/E ratio for Fonar Corp (FONR.O) is 13.72, compared to its 5-year average forward P/E of 0.68. For a more detailed relative valuation and DCF analysis to assess Fonar Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
0.68
Current PE
13.72
Overvalued PE
3.69
Undervalued PE
-2.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Quarterly

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Frequently Asked Questions

What is Fonar Corp (FONR) stock price today?

The current price of FONR is 18.575 USD — it has increased 0.08

What is Fonar Corp (FONR)'s business?

FONAR Corporation is engaged in the research, development, production and marketing of medical scanning equipment, which uses principles of Magnetic Resonance Imaging (MRI) for the detection and diagnosis of human diseases. The Company conducts its business in two segments: medical equipment and physician management and diagnostic services. Its medical equipment segment is conducted directly through the Company. Its physician management and diagnostic services segment is conducted through its subsidiary, Health Management Corporation of America (HMCA). Its signature product is the FONAR UPRIGHT Multi-Position MRI (STAND-UP MRI). HMCA provides management services, administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, hiring, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging. HMCA owns and operates six diagnostic imaging facilities in Florida.

What is the price predicton of FONR Stock?

Wall Street analysts forecast FONR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FONR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Fonar Corp (FONR)'s revenue for the last quarter?

Fonar Corp revenue for the last quarter amounts to 25.55M USD, increased 2.39

What is Fonar Corp (FONR)'s earnings per share (EPS) for the last quarter?

Fonar Corp. EPS for the last quarter amounts to 0.29 USD, increased 7.41

How many employees does Fonar Corp (FONR). have?

Fonar Corp (FONR) has 535 emplpoyees as of April 01 2026.

What is Fonar Corp (FONR) market cap?

Today FONR has the market capitalization of 116.94M USD.