Critical Comparison: FONAR (NASDAQ:FONR) versus Star Equity (NASDAQ:STRR) - Defense World

2022-06-27 05:36:42 By : Ms. Maisie Wang

Posted by admin on Jun 27th, 2022

FONAR (NASDAQ:FONR – Get Rating) and Star Equity (NASDAQ:STRR – Get Rating) are both small-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.

This table compares FONAR and Star Equity’s gross revenue, earnings per share (EPS) and valuation.

FONAR has higher earnings, but lower revenue than Star Equity.

This table compares FONAR and Star Equity’s net margins, return on equity and return on assets.

This is a summary of current ratings and target prices for FONAR and Star Equity, as reported by MarketBeat.

FONAR has a beta of 0.83, meaning that its share price is 17% less volatile than the S&P 500. Comparatively, Star Equity has a beta of 0.43, meaning that its share price is 57% less volatile than the S&P 500.

45.7% of FONAR shares are owned by institutional investors. Comparatively, 60.2% of Star Equity shares are owned by institutional investors. 8.6% of FONAR shares are owned by insiders. Comparatively, 9.0% of Star Equity shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

FONAR beats Star Equity on 7 of the 11 factors compared between the two stocks.

FONAR Company Profile (Get Rating)

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers 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 the development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 39 MRI scanning facilities, including 25 facilities located in New York and 14 situated in Florida. It markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.

Star Equity Company Profile (Get Rating)

Star Equity Holdings, Inc. provides healthcare solutions in the United States and internationally. It operates through four segments: Diagnostic Services, Diagnostic Imaging, Construction, and Investments. It offers imaging services primarily to cardiologists, internal medicine physicians, and family practice doctors; and imaging systems, including nuclear cardiac and general purpose nuclear imaging systems to physician offices and hospitals. The company also develops, sells, and maintains solid-state gamma cameras; and provides camera maintenance contract services. In addition, it manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc. in December 2020. Star Equity Holdings, Inc. was founded in 1985 and is headquartered in Old Greenwich, Connecticut.

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