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After finishing at $12.84 in the prior trading day, R1 RCM Inc. (NASDAQ: RCM) closed at $12.27, down -4.44%. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 9.1 million shares were traded. RCM stock price reached its highest trading level at $12.89 during the session, while it also had its lowest trading level at $11.947.
Ratios:
Our goal is to gain a better understanding of RCM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.81.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 5168799232 and an Enterprise Value of 6799288832. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 3.016 whereas that against EBITDA is 12.51.
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 -4.95%, while the 200-Day Moving Average is calculated to be -4.23%.
Shares Statistics:
The stock has traded on average 3.38M shares per day over the past 3-months and 1950780 shares per day over the last 10 days, according to various share statistics. A total of 420.20M shares are outstanding, with a floating share count of 150.80M. Insiders hold about 64.12% of the company’s shares, while institutions hold 39.49% stake in the company. Shares short for RCM as of 1713139200 were 11036306 with a Short Ratio of 3.26, compared to 1710460800 on 12437601. Therefore, it implies a Short% of Shares Outstanding of 11036306 and a Short% of Float of 7.049999999999999.
