R1 RCM Inc. [NASDAQ: RCM] stock went on a downward path that fall over -0.71% on Monday, amounting to a one-week price increase of more than 9.93%.
Over the last 12 months, RCM stock dropped by -20.42%. The one-year R1 RCM Inc. stock forecast points to a potential upside of 7.19. The average equity rating for RCM stock is currently 2.57, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $5.88 billion, with 420.20 million shares outstanding and 156.00 million shares in the current float. Compared to the average trading volume of 3.88M shares, RCM stock reached a trading volume of 16341017 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on R1 RCM Inc. [RCM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RCM shares is $15.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RCM stock is a recommendation set at 2.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stephens have made an estimate for R1 RCM Inc. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on August 01, 2024. The new note on the price target was released on August 01, 2024, representing the official price target for R1 RCM Inc. stock.
The Average True Range (ATR) for R1 RCM Inc. is set at 0.40, with the Price to Sales ratio for RCM stock in the period of the last 12 months amounting to 2.54. The Price to Book ratio for the last quarter was 2.08, with the Price to Cash per share for the same quarter was set at 0.42. Price to Free Cash Flow for RCM in the course of the last twelve months was 25.71 with Quick ratio for the last quarter at 1.79.
RCM Stock Performance Analysis:
R1 RCM Inc. [RCM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.93. With this latest performance, RCM shares gained by 27.40% in over the last four-week period, additionally plugging by 29.29% over the last 6 months – not to mention a drop of -20.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RCM stock in for the last two-week period is set at 63.30, with the RSI for the last a single of trading hit 66.75, and the three-weeks RSI is set at 60.84 for R1 RCM Inc. [RCM]. The present Moving Average for the last 50 days of trading for this stock 12.71, while it was recorded at 13.58 for the last single week of trading, and 11.83 for the last 200 days.
Insight into R1 RCM Inc. Fundamentals:
R1 RCM Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.79 and a Current Ratio set at 1.79.
RCM Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RCM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for R1 RCM Inc. go to -2.50%.
R1 RCM Inc. [RCM] Institutonal Ownership Details
The top three institutional holders of RCM stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in RCM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in RCM stock with ownership which is approximately 5.1238%.
