NASDAQ:RCM - R1 RCM Stock Price, News, & Analysis

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$8.82 +0.02 (+0.23 %)
(As of 12/14/2018 01:25 AM ET)
Previous Close$8.80
Today's Range$8.81 - $8.99
52-Week Range$3.97 - $11.00
Volume371,300 shs
Average Volume645,866 shs
Market Capitalization$987.72 million
P/E Ratio-20.09
Dividend YieldN/A
Beta-0.31
R1 RCM Inc. provides revenue cycle management (RCM) for healthcare providers in the United States. It offers end-to-end RCM services to manage their revenue cycle operations, which encompass patient registration, insurance and benefit verification, medical treatment documentation and coding, and bill preparation and collection from patients and payers. The company also provides modular services comprising physician advisory services, which assists hospitals in complying with payer requirements regarding whether to classify a hospital visit as an in-patient or an out-patient observation case for billing purposes; and revenue capture services, including charge capture, charge description master maintenance, and pricing services. It serves single or multi-hospital healthcare systems, and their respective affiliated ambulatory clinics and physician practice groups. The company was formerly known as Accretive Health, Inc. and changed its name to R1 RCM Inc. in January 2017. R1 RCM Inc. was founded in 2003 and is headquartered in Chicago, Illinois.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Management services
Sub-IndustryHealth Care Services
SectorFinance
Current SymbolNASDAQ:RCM
Previous SymbolNYSE:RCM
CUSIP00438V10
Phone312-324-7820

Debt

Debt-to-Equity Ratio37.41
Current Ratio1.06
Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio-20.09
Forward P/E Ratio-49.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$449.80 million
Price / Sales2.16
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.32 per share
Price / Book27.56

Profitability

EPS (Most Recent Fiscal Year)($0.44)
Net Income$-58,800,000.00
Net Margins-10.70%
Return on Equity-132.32%
Return on Assets-5.54%

Miscellaneous

Employees9,965
Outstanding Shares110,240,000
Market Cap$987.72 million
OptionableNot Optionable

R1 RCM (NASDAQ:RCM) Frequently Asked Questions

What is R1 RCM's stock symbol?

R1 RCM trades on the NASDAQ under the ticker symbol "RCM."

How were R1 RCM's earnings last quarter?

R1 RCM Inc (NASDAQ:RCM) announced its earnings results on Wednesday, November, 7th. The financial services provider reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.12. The financial services provider had revenue of $250.40 million for the quarter, compared to analysts' expectations of $240.09 million. R1 RCM had a negative net margin of 10.70% and a negative return on equity of 132.32%. The firm's quarterly revenue was up 103.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.08) earnings per share. View R1 RCM's Earnings History.

When is R1 RCM's next earnings date?

R1 RCM is scheduled to release their next quarterly earnings announcement on Friday, March 8th 2019. View Earnings Estimates for R1 RCM.

What guidance has R1 RCM issued on next quarter's earnings?

R1 RCM updated its FY 2018 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $850-900 million, compared to the consensus revenue estimate of $869.5 million.

What price target have analysts set for RCM?

5 Wall Street analysts have issued twelve-month target prices for R1 RCM's stock. Their forecasts range from $9.00 to $20.00. On average, they anticipate R1 RCM's share price to reach $13.40 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price. View Analyst Price Targets for R1 RCM.

What is the consensus analysts' recommendation for R1 RCM?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for R1 RCM in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for R1 RCM.

What are Wall Street analysts saying about R1 RCM stock?

Here are some recent quotes from research analysts about R1 RCM stock:
  • 1. According to Zacks Investment Research, "R1 RCM Inc. offers financial services for the health care industries. The Company provides revenue cycle management and physician advisory services, as well as transforms and manages the commercial infrastructure of health care organizations. R1 RCM Inc., formerly known as Accretive Health, Inc., is headquartered in Chicago, Illinois. " (11/16/2018)
  • 2. Cantor Fitzgerald analysts commented, ". We reiterate our Overweight rating on R1 RCM shares and maintain our 12-month price target of $10. We have adjusted our quarterly estimates to reflect additional expenses in 2Q18 relating to onboarding of new contracts. We have increased our 4Q18 estimates to offset the change in 2Q18. Our full year adjusted EBITDA estimate remains virtually unchanged at $53.5 million. 2020 estimates are unchanged as well. The company’s 2018 adjusted EBITDA guidance is $50-55 million. Our previous estimates simply did not properly reflect the likely ramp throughout the course of the year. The company is scheduled to report 2Q18 results on the market open." (7/27/2018)

Has R1 RCM been receiving favorable news coverage?

Media headlines about RCM stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. R1 RCM earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of R1 RCM's key competitors?

Who are R1 RCM's key executives?

R1 RCM's management team includes the folowing people:
  • Mr. Joseph Gerard Flanagan, Pres, CEO & Director (Age 47)
  • Mr. Christopher Simon Ricaurte, CFO & Treasurer (Age 58)
  • Mr. Gary S. Long, Exec. VP & Chief Commercial Officer (Age 48)
  • Mr. Richard B. Evans Jr., Principal Accounting Officer, Sr. VP & Corp. Controller (Age 50)
  • Mr. Atif A. Rahim, Sr. VP of Investor Relations & Bus. Devel.

Who are R1 RCM's major shareholders?

R1 RCM's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.91%), Vanguard Group Inc. (4.03%), Vanguard Group Inc (4.03%), Litespeed Management L.L.C. (2.82%), Renaissance Technologies LLC (2.65%) and Elk Creek Partners LLC (1.69%). Company insiders that own R1 RCM stock include Albert Rene Zimmerli and Charles J Ditkoff. View Institutional Ownership Trends for R1 RCM.

Which major investors are selling R1 RCM stock?

RCM stock was sold by a variety of institutional investors in the last quarter, including Jasper Ridge Partners L.P., Litespeed Management L.L.C., EAM Global Investors LLC, EAM Investors LLC, Strs Ohio, Teachers Advisors LLC, Acadian Asset Management LLC and Rhumbline Advisers. View Insider Buying and Selling for R1 RCM.

Which major investors are buying R1 RCM stock?

RCM stock was purchased by a variety of institutional investors in the last quarter, including Elk Creek Partners LLC, Renaissance Technologies LLC, American Century Companies Inc., BlackRock Inc., Castleark Management LLC, Allianz Asset Management GmbH, Cadence Capital Management LLC and Penn Capital Management Co. Inc.. View Insider Buying and Selling for R1 RCM.

How do I buy shares of R1 RCM?

Shares of RCM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is R1 RCM's stock price today?

One share of RCM stock can currently be purchased for approximately $8.82.

How big of a company is R1 RCM?

R1 RCM has a market capitalization of $987.72 million and generates $449.80 million in revenue each year. The financial services provider earns $-58,800,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. R1 RCM employs 9,965 workers across the globe.

What is R1 RCM's official website?

The official website for R1 RCM is http://www.r1rcm.com.

How can I contact R1 RCM?

R1 RCM's mailing address is 401 NORTH MICHIGAN AVENUE SUITE 2700, CHICAGO IL, 60611. The financial services provider can be reached via phone at 312-324-7820 or via email at [email protected]


MarketBeat Community Rating for R1 RCM (NASDAQ RCM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  323
MarketBeat's community ratings are surveys of what our community members think about R1 RCM and other stocks. Vote "Outperform" if you believe RCM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RCM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2018 by MarketBeat.com Staff

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