R1 RCM INC (NASDAQ: RCM) stock closed at $10.90 on 7/2/24 after a major decline of -13.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 564% of normal. Relative to the market the stock has been strong over the last nine months but has declined -12.7% 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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. R1 RCM INC has a neutral Power Rating of 53 and a neutral Appreciation Score of 53, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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