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In the latest session, R1 RCM Inc. (NASDAQ: RCM) closed at $12.88 down -0.16% from its previous closing price of $12.90. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 1.37 million shares were traded. RCM stock price reached its highest trading level at $13.015 during the session, while it also had its lowest trading level at $12.78.
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 30.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.73. 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:
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.
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 5425764352 and an Enterprise Value of 7636392448. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 3.302 whereas that against EBITDA is 14.186.
Stock Price History:
Over the past 52 weeks, RCM has reached a high of $18.53, while it has fallen to a 52-week low of $8.87. The 50-Day Moving Average of the stock is 2.33%, while the 200-Day Moving Average is calculated to be 9.16%.
Shares Statistics:
For the past three months, RCM has traded an average of 2.45M shares per day and 1987940 over the past ten days. A total of 420.20M shares are outstanding, with a floating share count of 156.00M. Insiders hold about 62.97% of the company’s shares, while institutions hold 35.50% stake in the company. Shares short for RCM as of 1721001600 were 11750810 with a Short Ratio of 4.79, compared to 1718323200 on 11140080. Therefore, it implies a Short% of Shares Outstanding of 11750810 and a Short% of Float of 7.48.
