Recent significant negative changes in fundamentals have impacted Radiant Logistics Inc (NYSEAMERICAN: RLGT): the consensus estimate for June, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for June, 2025 decreased significantly.
Radiant Logistics Inc (NYSEAMERICAN: RLGT) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
RLGT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Radiant Logistics has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Radiant Logistics has a slightly positive Appreciation Score of 62 but a poor Power Rating of 16, and the Negative Value Trend Rating results.
Recent Price Action
Radiant Logistics Inc (NYSEAMERICAN: RLGT) stock declined modestly by -1.6% on 5/3/24. The stock closed at $5.07. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months but has risen 0.6% during the last week.
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