For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, R1 RCM Inc. (NASDAQ: RCM) closed at $11.75 down -1.34% from its previous closing price of $11.91. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 1.91 million shares were traded. RCM stock price reached its highest trading level at $12.05 during the session, while it also had its lowest trading level at $11.701.
Ratios:
For a deeper understanding of R1 RCM Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.60.
On March 20, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $14.Leerink Partners initiated its Outperform rating on February 26, 2024, with a $14 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 07 ’24 when SPARBY JOHN M. sold 10,046 shares for $14.33 per share. The transaction valued at 143,959 led to the insider holds 0 shares of the business.
HENNEMAN JOHN B III sold 50,000 shares of RCM for $858,650 on Aug 08 ’23. The Director now owns 72,114 shares after completing the transaction at $17.17 per share. On Jun 12 ’23, another insider, Evans Richard B. Jr., who serves as the Principal Accounting Officer of the company, sold 17,000 shares for $16.84 each. As a result, the insider received 286,229 and left with 124,007 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RCM now has a Market Capitalization of 4943577088 and an Enterprise Value of 6572337664. As of this moment, R1’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1654.93, and their Forward P/E ratio for the next fiscal year is 27.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 1.79. Its current Enterprise Value per Revenue stands at 2.916 whereas that against EBITDA is 12.093.
Stock Price History:
Over the past 52 weeks, RCM has reached a high of $18.70, while it has fallen to a 52-week low of $8.87. The 50-Day Moving Average of the stock is -7.52%, while the 200-Day Moving Average is calculated to be -10.58%.
Shares Statistics:
For the past three months, RCM has traded an average of 3.57M shares per day and 1729800 over the past ten days. A total of 420.20M shares are outstanding, with a floating share count of 150.47M. Insiders hold about 64.20% of the company’s shares, while institutions hold 39.46% stake in the company. Shares short for RCM as of 1711584000 were 11960036 with a Short Ratio of 3.35, compared to 1709164800 on 17486970. Therefore, it implies a Short% of Shares Outstanding of 11960036 and a Short% of Float of 7.66.
