Alert: Major Price Advance (2/26/24)-R1 RCM INC (NASDAQ: RCM).

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R1 RCM INC (NASDAQ: RCM) stock closed at $13.89 on 2/26/24 after a major increase of 25.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 735% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 24.4% during the last week.

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Current PriceTarget Research Rating

RCM’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

R1 RCM INC has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. R1 RCM INC has a poor Appreciation Score of 19 and a very low Power Rating of 1, with the Lowest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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