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Saturday, June 3, 2023

Value Investing Philosophy And R1 RCM Inc. (NASDAQ: RCM)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for R1 RCM Inc. (RCM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.73, or 4.33%, to $17.59. The R1 RCM Inc. has recorded 161,634 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that R1 RCM Reports First Quarter 2023 Results.

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Stocks Info

RCM belongs to the Healthcare sector of the NASDAQ while operating in the Health Information Services industry. At the end of the last regular session, the stock closed at $16.86 and fluctuated between $17.38 as its day high and $16.59 as its day low. The current market capitalization of R1 RCM Inc. is $7.02B. A total of 3.38 million shares were traded on the day, compared to an average of 2.29M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, RCM has seen 8 BUY and 0 SELL insider trades, representing the acquisition of 313,539 and the disposition of 0 shares. Over the last 12 months, there were 39 BUYs and 29 SELLs from insiders. Insiders purchased 5,891,217 shares during that period but sold 158,813,067.

In the most recent transaction, SPARBY JOHN M. sold 20,000 shares of RCM for 16.36 per share on May 10. After the transaction, the President now owns 243,827 company shares. In a previous transaction on Feb 21, RIVAS LEE bought 71,767 shares at 13.93 per share. RCM shares that Chief Executive Officer owns now total 71,767.

Among the insiders who sold shares, TCP-ASC ACHI Series LLLP disposed of 15,000,000 shares on Sep 13 at a per-share price of $20.43. This resulted in the Director holding 164,754,055 shares of RCM after the transaction. In another insider transaction, SPARBY JOHN M. sold 40,000 shares at $25.01 per share on Aug 19. Company shares held by the insider now total 123,772.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for RCM in the last 3 months, the mean price target is $19.44 with high estimates of $26.00 and low estimates of $16.00. In terms of 52-week highs and lows, RCM has a high of $27.07 and a low of $6.71.

As of this writing, RCM has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.05 per share and a lower estimate of -$0.03. The company reported an EPS of -$0.09 in the last quarter, which was -80.00% lower than expectations of -$0.05.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RCM’s latest balance sheet shows that the firm has $130.10M in Cash & Short Term Investments as of fiscal 2021. There were $839.30M in debt and $254.20M in liabilities at the time. Its Book Value Per Share was $6.53, while its Total Shareholder’s Equity was $346.70M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RCM is Buy with a score of 4.69.

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