Alert: New Earnings Report (5/8/24)-R1 RCM INC (NASDAQ: RCM).

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R1 RCM INC (NASDAQ: RCM) has reported E.P.S. of $-0.08 for its first fiscal quarter (ending March 31) versus $0.00 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-0.08 compared to $-0.26 a year ago.

Recent Price Action

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R1 RCM INC (NASDAQ: RCM) stock enjoyed a large increase of 3.1% on 5/8/24. The stock closed at $12.84. Moreover, exceptionally high trading volume at 224% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 4.5% during the last week.

Current PriceTarget Research Rating

RCM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

R1 RCM INC has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. R1 RCM INC has a neutral Appreciation Score of 58 and a neutral Power Rating of 43, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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