R1 RCM Inc. (NASDAQ:RCM) has a beta value of 0.6 and has seen 3,946,720 shares traded in the last trading session. The company, currently valued at $1.97 Billion, closed the last trade at $17.02 per share which meant it lost -$0.07 on the day or -0.41% during that session. The RCM stock price is -2.41% off its 52-week high price of $17.43 and 58.17% 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 2.31 Million shares traded. The 3-month trading volume is 982.03 Million shares.
The consensus among analysts is that R1 RCM Inc. (RCM) is a Buy stock at the moment, with a recommendation rating of 1.6. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. None out of 8 have rated it as a Hold, with 7 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.01.
R1 RCM Inc. (NASDAQ:RCM) trade information
Despite being -0.41% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Sep 15 when the RCM stock price touched $17.44- or saw a rise of 2.41%. Year-to-date, R1 RCM Inc. shares have moved 31.12%, while the 5-day performance has seen it change 6.11%. Over the past 30 days, the shares of R1 RCM Inc. (NASDAQ:RCM) have changed 13.16%. Short interest in the company has seen 3.73 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $17.88, which means that the shares’ value could jump 5.05% from current levels. The projected low price target is $17 while the price target rests at a high of $20. In that case, then, we find that the current price level is +17.51% off the targeted high while a plunge would see the stock lose -0.12% from current levels.
R1 RCM Inc. (RCM) estimates and forecasts
8 analysts offering their estimates for the company have set an average revenue estimate of $297.15 Million for the current quarter. 8 have an estimated revenue figure of $314.28 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $301.2 Million and $314Million respectively for this quarter and the next, and analysts expect sales will grow by -1.3% for the current quarter and 0.1% 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%.