For its second fiscal quarter (ending June 30), R1 RCM INC (NASDAQ: RCM) has reported E.P.S. of $-0.02 compared to $0.00 a year ago. This result fell short of the consensus estimate of $0.06 by $-0.08. E.P.S. were $-0.10 for the latest four quarters through June 30 versus $-0.17 for the same period a year ago.
Recent Price Action
R1 RCM INC (NASDAQ: RCM) stock rose slightly by 0.07% on 8/7/24. The stock closed at $13.96. Moreover, above average trading volume at 140% of normal accompanied the advance. The stock has risen 8.2% during the last week and has been strong relative to the market over the last nine months.
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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. R1 RCM INC has a neutral Appreciation Score of 49 but a good Power Rating of 80, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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