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R1 RCM (RCM)
NASDAQ:RCM
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RCM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.87 - $16.21
Previous Close$14.18
Volume1.61M
Average Volume (3M)4.90M
Market Cap
$5.99B
Enterprise Value$8.19B
Total Cash (Recent Filing)$163.00M
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)―
Beta0.29
Next Earnings
Oct 30, 2024EPS Estimate
<$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding422,108,963
10 Day Avg. Volume2,872,078
30 Day Avg. Volume4,903,585
Standard Deviation0.14
R-Squared0.09
Alpha0.00373
Financial Highlights & Ratios
Price to Book (P/B)2.12
Price to Sales (P/S)2.50
Price to Cash Flow (P/CF)40.50
P/FCF Ratio232.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.44
Enterprise Value/Gross Profit16.91
Enterprise Value/Ebitda41.63
Forecast
1Y Price Target
$14.81Price Target Upside4.59% Upside
Rating ConsensusHold
Number of Analyst Covering13
R1 RCM News
Bulls Say, Bears Say
Bulls Say
AcquisitionR1 RCM's acquisition by TowerBrook Capital Partners and Clayton, Dubilier & Rice for $8.9 billion has been unanimously approved by the special committee.
Business GrowthR1 RCM is seen as a long-term growth story, benefiting from the durable trend of outsourced revenue cycle management.
Financial PerformanceR1 reported solid 2Q results with Adj-EBITDA coming in ahead of both internal and consensus estimates, despite challenges from recent cyberattacks.
Bears Say
AcquisitionThe $14.30 price is a bit lower than many had hoped for at the start of this newsflow.
CybersecurityThe Ascension cyberattack had an impact on R1's 2024 outlook, with the company estimating a $75-95MM 2H'24 revenue headwind as a result of the outage.
Operating PerformanceRecent speed bumps in operating performance, including implementation issues at Pediatrix, ended up weighing on shares.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
RCM FAQ
What was R1 RCM’s price range in the past 12 months?
R1 RCM lowest stock price was $8.87 and its highest was $16.20 in the past 12 months.
What is R1 RCM’s market cap?
Currently, no data Available
When is R1 RCM’s upcoming earnings report date?
R1 RCM’s upcoming earnings report date is Oct 30, 2024 which is in 40 days.
How were R1 RCM’s earnings last quarter?
R1 RCM released its earnings results on Aug 07, 2024. The company reported $0.172 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.152.
Is R1 RCM overvalued?
According to Wall Street analysts R1 RCM’s price is currently Undervalued.
Does R1 RCM pay dividends?
R1 RCM does not currently pay dividends.
What is R1 RCM’s EPS estimate?
R1 RCM’s EPS estimate is <$0.01.
How many shares outstanding does R1 RCM have?
R1 RCM has 422,114,070 shares outstanding.
What happened to R1 RCM’s price movement after its last earnings report?
R1 RCM reported an EPS of $0.172 in its last earnings report, beating expectations of $0.02. Following the earnings report the stock price went up 0.072%.
Which hedge fund is a major shareholder of R1 RCM?
Among the largest hedge funds holding R1 RCM’s share is New Mountain Vantage Advisers, L.L.C.. It holds R1 RCM’s shares valued at 1B.
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R1 RCM Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$14.81 (4.59% Upside)
$14.81 (4.59% Upside)
Blogger Sentiment
Bullish
RCM Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 5.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.39%
12-Months-Change
Fundamentals
Return on Equity
-1.44%
Trailing 12-Months
Asset Growth
14.28%
Trailing 12-Months
Company Description
R1 RCM
R1 RCM, Inc. engages in the provision of revenue cycle management to healthcare providers. It offers end-to-end, modular revenue cycle, and physician advisory services. The company was founded by Mary Ann Tolan and J. Michael Cline in July 2003 and is headquartered in Chicago, IL.
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RCM Earnings Call
Q2 2024
0:00 / 0:00
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RCM Stock 12 Month Forecast
Average Price Target
$14.81
▲(4.59% Upside)
Technical Analysis
Best Analysts Covering RCM
1 Year
1 Year Success Rate
18/39 ratings generated profit
1 Year Average Return
+6.82%
reiterated a buy rating 2 months ago
Copying Sean Dodge's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of +6.82% per trade.
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