This summary was created by AI, based on 1 opinions in the last 12 months.
Experts express concerns about Akumin Inc.'s high debt from multiple acquisitions, which has put pressure on the stock. Despite this, the company is seen as having a strong business model and potential for growth. However, the consensus is not to buy the stock at its current level. Overall, Akumin Inc. is facing challenges but has positive growth prospects.
(A Top Pick June 11/2018, Down 4%) Consolidate diagnostic imaging centres in US. A growth company, recent $27M acquisition in Florida which will add 20% to revenue. There are 7500 imaging centres in US, so ripe for consolidation. Will outperform its bigger competitor over time. Thinks it’ll eventually be acquired as a vehicle for AI in digital imaging.
Akumin Inc. is a Canadian stock, trading under the symbol AKU-T on the Toronto Stock Exchange (AKU-CT). It is usually referred to as TSX:AKU or AKU-T
In the last year, 1 stock analyst published opinions about AKU-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Akumin Inc..
Akumin Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Akumin Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Akumin Inc. In the last year. It is a trending stock that is worth watching.
On 2024-02-01, Akumin Inc. (AKU-T) stock closed at a price of $0.53.
Challenge was that to get this business where it is, they had to do a lot of acquisitions and take on a lot of debt. Tough environment for companies with debt, stock's under pressure. Follows it. Great business, good growth. Don't buy here.