NASDAQ:RCM

R1 RCM - RCM Stock Forecast, Price & News

$18.85

+0.32 (+1.73%)

(As of 10/3/2022 12:00 AM ET)

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Today's Range: $18.38
▼
$19.05
50-Day Range: $18.34
▼
$26.55
52-Week Range: $18.28
▼
$27.86

Volume: 1.55 million shs
Average Volume: 1.45 million shs
Market Capitalization: $7.84 billion

P/E Ratio: 104.73
Dividend Yield: N/A
Price Target: $30.00

R1 RCM MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 59.2% Upside
$30.00 Price Target
Short Interest: Bearish
4.24% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.12
Upright™ Environmental Score
News Sentiment: 1.13
Based on 4 Articles This Week
Insider Trading: Selling Shares
$317.72 M Sold Last Quarter
Proj. Earnings Growth: 187.50%
From $0.24 to $0.69 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.91 out of 5 stars

Business Services Sector

29th out of 335 stocks

Management Services Industry

1st out of 7 stocks

3.4

Analyst's Opinion

Consensus Rating
R1 RCM has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, R1 RCM has a forecasted upside of 59.2% from its current price of $18.85.
Amount of Analyst Coverage
R1 RCM has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.24% of the float of R1 RCM has been sold short.
Short Interest Ratio / Days to Cover
R1 RCM has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in R1 RCM has recently increased by 0.49%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
R1 RCM does not currently pay a dividend.
Dividend Growth
R1 RCM does not have a long track record of dividend growth.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
R1 RCM has received a 49.95% net impact score from Upright. R1 Rcm seems to create the most significant positive value in categories "Jobs", "Physical diseases", and "Taxes". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Patient flow management systems", "Personal health record software", and "Documentation software for clinicians" products. See details.
Environmental Sustainability
The Environmental Impact score for R1 RCM is -1.12.

3.4

News and Social Media Coverage

News Sentiment
R1 RCM has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for R1 RCM this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for RCM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
5 people have added R1 RCM to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, R1 RCM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $317,717,189.00 in company stock.
Percentage Held by Insiders
63.50% of the stock of R1 RCM is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
49.86% of the stock of R1 RCM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for R1 RCM are expected to grow by 187.50% in the coming year, from $0.24 to $0.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of R1 RCM is 104.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of R1 RCM is 104.73, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 224.62.
Price to Earnings Growth Ratio
R1 RCM has a PEG Ratio of 4.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
R1 RCM has a P/B Ratio of 15.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About R1 RCM (NASDAQ:RCM) Stock

R1 RCM Inc. provides technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. It offers end-to-end revenue cycle management (RCM) services, which address the spectrum of revenue cycle challenges faced by healthcare providers. The company also provides modular services, including physician advisory services, which assists healthcare organizations 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; practice management services that offers administrative and operational support for patient care and outsource non-core functions; revenue integrity solutions, including charge capture, charge description master maintenance, and pricing services; coding management services, such as business intelligence and analysis, human capital management, accountability framework, and quality management programs; patient experience; and business office services. In addition, the company offers software-as-a-service based scheduling and patient access solutions. The company was founded in 2003 and is headquartered in Murray, Utah.

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RCM Stock News Headlines

September 30, 2022 | uk.finance.yahoo.com

R1 RCM Inc. (RCM)

September 29, 2022 | finance.yahoo.com

R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management

September 23, 2022 | reuters.com

R1 RCM Holdco Inc

September 19, 2022 | marketwatch.com

Medical Billing Outsourcing Market – Business Opportunities and Global Forecast to 2032

September 17, 2022 | markets.businessinsider.com

Analyst Ratings for R1 RCM

September 16, 2022 | msn.com

6RCM : Analyst Ratings for R1 RCM

September 16, 2022 | markets.businessinsider.com

What 4 Analyst Ratings Have To Say About R1 RCM

September 16, 2022 | markets.businessinsider.com

Where R1 RCM Stands With Analysts

September 9, 2022 | marketwatch.com

Revenue Cycle Management/RCM Market 2022 According to latest research on focusing on Leading Key Players 2030

September 9, 2022 | seekingalpha.com

R1 RCM slides 7% on secondary stock offering by selling shareholder

September 8, 2022 | finance.yahoo.com

R1 Announces Offering of Common Stock by Selling Stockholder

September 3, 2022 | finance.yahoo.com

While shareholders of R1 RCM (NASDAQ:RCM) are in the black over 5 years, those who bought a week ago aren't so fortunate

September 1, 2022 | marketwatch.com

Healthcare RCM Outsourcing Market Is Projected To Grow At An Exemplary Growth Rate of Around 10.5% By 2026 | 98 Report Pages

August 31, 2022 | finance.yahoo.com

R1 RCM to Present at the Baird 2022 Global Healthcare Conference

August 31, 2022 | finance.yahoo.com

R1 Announces RCM Partnership with Emergency Physicians Professional Association

August 25, 2022 | finance.yahoo.com

R1 RCM Announces 10-Year End-to-End Revenue Cycle Management Partnership with St. Clair Health

August 3, 2022 | finance.yahoo.com

R1 RCM Inc. (RCM) Tops Q2 Earnings Estimates

August 3, 2022 | msn.com

Recap: R1 RCM Q2 Earnings

August 3, 2022 | finance.yahoo.com

R1 RCM Reports Second Quarter 2022 Results

July 28, 2022 | finance.yahoo.com

Vontier Corporation (VNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

July 27, 2022 | finance.yahoo.com

Wall Street Analysts Think R1 RCM Inc. (RCM) Could Surge 28%: Read This Before Placing a Bet

July 27, 2022 | finance.yahoo.com

R1 RCM Inc. (RCM) Earnings Expected to Grow: Should You Buy?

July 20, 2022 | finance.yahoo.com

R1 RCM to Release Second Quarter 2022 Results on August 3

July 19, 2022 | msn.com

R1 RCM sets up new centre in Chennai, to hire 3,000 more employees

July 19, 2022 | seekingalpha.com

R1 RCM: Long-Term Growth Story Intact Following Cloudmed Acquisition

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RCM Company Calendar

Last Earnings: 8/03/2022
Today: 10/03/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Management services
Sub-Industry: Health Care Services
Sector: Business Services
Current Symbol: NASDAQ:RCM
Previous Symbol: NYSE:RCM
CUSIP: 00438V10
CIK: 1472595
Web: www.r1rcm.com
Phone: (312) 324-7820
Fax: 302-655-5049
Employees: 22,000
Year Founded: 2003

Price Target and Rating

Average Stock Price Forecast: $30.00
High Stock Price Forecast: $34.00
Low Stock Price Forecast: $27.00
Forecasted Upside/Downside: +59.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.18
Trailing P/E Ratio: 104.73
Forward P/E Ratio: 78.54
P/E Growth: 4.35
Net Income: $97.20 million
Net Margins: 3.98%
Pretax Margin: 4.07%
Return on Equity: 12.72%
Return on Assets: 5.11%

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 1.57
Quick Ratio: 1.54

Sales & Book Value

Annual Sales: $1.47 billion
Price / Sales: 5.32
Cash Flow: $0.64 per share
Price / Cash Flow: 29.24
Book Value: $1.25 per share
Price / Book: 15.08

Miscellaneous

Outstanding Shares: 416,071,000
Free Float: 151,866,000
Market Cap: $7.84 billion
Optionable: Not Optionable
Beta: 1.00

Social Links

Key Executives

Mr. Joseph Gerard Flanagan (Age 51)
CEO & Director
Comp: $2.65M

Ms. Rachel Wilson (Age 49)
Exec. VP, CFO & Treasurer
Comp: $1.47M

Mr. John M. Sparby (Age 46)
Exec. VP of Operations & Delivery and COO
Comp: $1.01M

Mr. Gary S. Long (Age 51)
Exec. VP & Chief Commercial Officer
Comp: $911.83k

Mr. Lee Rivas
Pres

Mr. Richard B. Evans Jr. (Age 54)
Sr. VP, Corp. Controller & Chief Accounting Officer

Mr. Jay Sreedharan
Chief Technology & Digital Officer

Mr. Atif A. Rahim
Sr. VP of Investor Relations & Bus. Devel.

Mr. Corey Perman
Exec. VP of Compliance & Risk

Mr. Sean Radcliffe
Exec. VP, Gen. Counsel & Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RCM Stock - Frequently Asked Questions

Should I buy or sell R1 RCM stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for R1 RCM in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RCM shares.
View RCM analyst ratings or view top-rated stocks.
What is R1 RCM's stock price forecast for 2022?: 8 Wall Street research analysts have issued 12-month price objectives for R1 RCM's stock. Their RCM share price forecasts range from $27.00 to $34.00. On average, they expect the company's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 59.8% from the stock's current price.
View analysts price targets for RCM or view top-rated stocks among Wall Street analysts.
How have RCM shares performed in 2022?: R1 RCM's stock was trading at $25.49 at the beginning of 2022. Since then, RCM shares have decreased by 26.4% and is now trading at $18.77.
View the best growth stocks for 2022 here.
When is R1 RCM's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our RCM earnings forecast.
How were R1 RCM's earnings last quarter?: R1 RCM Inc. (NASDAQ:RCM) announced its quarterly earnings results on Wednesday, August, 3rd. The healthcare provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.04 by $0.09. The healthcare provider earned $391.90 million during the quarter, compared to analyst estimates of $392.29 million. R1 RCM had a trailing twelve-month return on equity of 12.72% and a net margin of 3.98%.
What guidance has R1 RCM issued on next quarter's earnings?: R1 RCM issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.85 billion-$1.87 billion, compared to the consensus revenue estimate of $1.87 billion.

What is Joseph Flanagan's approval rating as R1 RCM's CEO?: 253 employees have rated R1 RCM Chief Executive Officer Joseph Flanagan on Glassdoor.com. Joseph Flanagan has an approval rating of 70% among the company's employees.
What other stocks do shareholders of R1 RCM own?: Based on aggregate information from My MarketBeat watchlists, some companies that other R1 RCM investors own include NVIDIA (NVDA), JD.com (JD), Baozun (BZUN), Inseego (INSG), BioXcel Therapeutics (BTAI), Marvell Technology (MRVL), Akoustis Technologies (AKTS), Alibaba Group (BABA), Bilibili (BILI) and Model N (MODN).
What is R1 RCM's stock symbol?: R1 RCM trades on the NASDAQ under the ticker symbol "RCM."
How do I buy shares of R1 RCM?: Shares of RCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is R1 RCM's stock price today?: One share of RCM stock can currently be purchased for approximately $18.77.
How much money does R1 RCM make?: R1 RCM (NASDAQ:RCM) has a market capitalization of $7.81 billion and generates $1.47 billion in revenue each year. The healthcare provider earns $97.20 million in net income (profit) each year or $0.18 on an earnings per share basis.
How many employees does R1 RCM have?: The company employs 22,000 workers across the globe.
Does R1 RCM have any subsidiaries?: The following companies are subsidiares of R1 RCM: Accretive Health Mauritius Inc., Cerner RevWorks, Clearsight Intermediate Holdings Inc., Cloudmed, Flare Capital Partners Investment Company, Intermedix, Intermedix ARM LLC, Intermedix Corporation, Intermedix Holdings Inc., Intermedix Lietuva UAB, Intermedix Midco Inc., Intermedix Office Based LLC, Intermedix Staffing Inc., Medical Consultants Inc., Practice Support Resources LLC, Project Links Parent Inc., Project Roadrunner Merger Sub Inc., Project Roadrunner Parent Inc., R1 RCM Global Private Limited, R1 RCM India Private Limited, Rover16 Inc., SCHEDULING.COM INC., SCI Solutions, Tonic Health LLC, VisitPay, cGate Health Inc., and iVinci Partners LLC.
Read More
How can I contact R1 RCM?: R1 RCM's mailing address is 401 NORTH MICHIGAN AVENUE SUITE 2700, CHICAGO IL, 60611. The official website for the company is www.r1rcm.com. The healthcare provider can be reached via phone at (312) 324-7820, via email at arahim@r1rcm.com, or via fax at 302-655-5049.

This page (NASDAQ:RCM) was last updated on 10/3/2022 by MarketBeat.com Staff

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R1 RCM - RCM Stock Forecast, Price & News

R1 RCM MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows