Professional
Added to YB: 2024-05-06
Pitch date: 2024-05-05
FONR [bullish]
FONAR Corporation
-10.61%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
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.
Market Cap
$92.6M
Pitch Price
$16.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.84
P/E
11.66
EV/Sales
0.60
Sector
Health Care Equipment and Supplies
Category
growth
Idea Brunch with Michael Wright of Kehlet Capital - FONAR Corporation
FONR: MRI co underconcern over declining reimbursement rates. Most rev from NY no-fault & workers comp plans. Ordered current & proposed fee schedules, wife (RN) analyzed - avg 10-15% increase for MRI procedures. Reinforced growth outlook & investment thesis.
Read full article (1 min)