Radiant Logistics Inc (NYSEAMERICAN: RLGT). Notable negative changes in fundamentals have recently occurred: the consensus estimate for June, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for June, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Radiant Logistics Inc (NYSEAMERICAN: RLGT): the stock fell on very heavy volume.
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, resulting in the Negative Value Trend Rating.
Recent Price Action
On 5/13/24, Radiant Logistics Inc (NYSEAMERICAN: RLGT) stock declined by -2.6%, closing at $4.95. Moreover, exceptionally high trading volume at 210% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -2.4% during the last week.
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