R1 RCM Inc. (NASDAQ:RCM) has a beta value of 0.52 and has seen 1,001,465 shares traded in the last trading session. The company, currently valued at $1.4 Billion, closed the last trade at $12.14 per share which meant it gained $0.3 on the day or 3.06% during that session. The RCM stock price is -15.24% off its 52-week high price of $13.99 and 41.35% above the 52-week low of $7.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.06 Million shares traded. The 3-month trading volume is 1.05 Million shares.
The consensus among analysts is that R1 RCM Inc. (RCM) is a Buy stock at the moment, with a recommendation rating of 1.9. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 8 have rated it as a Hold, with 6 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.05.
R1 RCM Inc. (NASDAQ:RCM) trade information
Sporting 3.06% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Jul 02 when the RCM stock price touched $12.23- or saw a rise of 0.74%. Year-to-date, R1 RCM Inc. shares have moved -6.47%, while the 5-day performance has seen it change 12.83%. Over the past 30 days, the shares of R1 RCM Inc. (NASDAQ:RCM) have changed 13.67%. Short interest in the company has seen 3.28 Million shares shorted with days to cover at 3.12.
Wall Street analysts have a consensus price target for the stock at $13.88, which means that the shares’ value could jump 14.33% from current levels. The projected low price target is $10 while the price target rests at a high of $16. In that case, then, we find that the current price level is +31.8% off the targeted high while a plunge would see the stock lose -17.63% from current levels.
R1 RCM Inc. (RCM) estimates and forecasts
Figures show that R1 RCM Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -4.33% over the past 6 months, with this year growth rate of -200%, compared to -20.4% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 155.6% and 200% for the next quarter. Revenue growth from the last financial year stood is estimated to be +1.9%.
7 analysts offering their estimates for the company have set an average revenue estimate of $304.69 Million for the current quarter. 7 have an estimated revenue figure of $278.18 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $295Million and $301.2 Million respectively for this quarter and the next, and analysts expect sales will grow by 3.3% for the current quarter and -7.6% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +37.7% over the past 5 years. Earnings growth for 2020 is a modest +86.9% while over the next 5 years, the company’s earnings are expected to increase by 30%.