R1 RCM INC (NASDAQ: RCM) has reported E.P.S. of $0.00 for its third fiscal quarter (ending September 30) versus $-0.07 for the same period a year ago. Relative to the consensus estimate of $0.08, this was a shortfall of $-0.08. E.P.S. were $-0.09 for the latest four quarters through September 30 versus $0.07 for the same period a year ago — a decline of -229%.
Recent Price Action
On 11/2/23, R1 RCM INC (NASDAQ: RCM) stock suffered a major decline of -10.2%, closing at $10.86. Relative to the market the stock has been strong over the last nine months but has declined -5.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RCM is expected to continue to be a modest Value Builder.
R1 RCM INC has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. R1 RCM INC has a neutral Appreciation Score of 48 and a slightly positive Power Rating of 62, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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