Stock Rating Upgrade
The Value Trend Rating for R1 RCM INC (NASDAQ: RCM) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/19/24, R1 RCM INC (NASDAQ: RCM) stock declined slightly by -0.2%, closing at $11.99. However, this decline was accompanied by unusually low trading volume at 51% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -6.2% during the last week.
Current PriceTarget Research Rating
RCM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
R1 RCM INC has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. R1 RCM INC has a neutral Appreciation Score of 59 but a poor Power Rating of 29, resulting in the Low Neutral Value Trend Rating.
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