R1 RCM INC (NASDAQ: RCM) has reported E.P.S. of $0.00 for its fourth fiscal quarter (ending December 31) versus $-0.10 for the same period a year ago. Relative to the consensus estimate of $0.04, this was a shortfall of $-0.04. For the latest four quarters through December 31, E.P.S. were $0.01 versus $-0.18 for the same period a year ago.
Recent Price Action
On 2/27/24, R1 RCM INC (NASDAQ: RCM) stock enjoyed a large increase of 5.0%, closing at $14.58. Moreover, trading volume in this advance was exceptionally high at 407% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 34.1% during the last week.
Current PriceTarget Research Rating
RCM is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
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, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment