NYSEAMERICAN:RLGT - Radiant Logistics Stock Price, News, & Analysis

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$6.04 -0.06 (-0.98 %)
(As of 03/18/2019 04:00 PM ET)
Previous Close$6.10
Today's Range$5.98 - $6.20
52-Week Range$3.46 - $6.48
Volume437,567 shs
Average Volume367,259 shs
Market Capitalization$299.05 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Radiant Logistics, Inc. operates as a third-party logistics and multi-modal transportation services company primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services. It also provides other value-added logistics services, such as customs brokerage, order fulfillment, inventory management, and warehousing services, as well as distribution solutions. The company offers its services to the consumer goods, food and beverage, manufacturing, retail, healthcare, chemicals, and technology customers through a network of company-owned and strategic operating partner locations under the Radiant, Wheels, Airgroup, Adcom, DBA, and Service By Air brands. Radiant Logistics, Inc. was founded in 2001 and is headquartered in Bellevue, Washington.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Air Delivery & Freight Services
Sub-IndustryN/A
SectorServices
Current SymbolNYSEAMERICAN:RLGT
Previous SymbolNASDAQ:RLGT
CUSIPN/A
Phone+1-425-9434599

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$299.05 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Radiant Logistics (NYSEAMERICAN:RLGT) Frequently Asked Questions

What is Radiant Logistics' stock symbol?

Radiant Logistics trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "RLGT."

How will Radiant Logistics' stock buyback program work?

Radiant Logistics declared that its Board of Directors has authorized a share repurchase program on Wednesday, March 14th 2018, which allows the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were Radiant Logistics' earnings last quarter?

Radiant Logistics Inc (NYSEAMERICAN:RLGT) released its quarterly earnings results on Monday, February, 11th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. The business had revenue of $260.94 million for the quarter, compared to the consensus estimate of $232.02 million. View Radiant Logistics' Earnings History.

When is Radiant Logistics' next earnings date?

Radiant Logistics is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Radiant Logistics.

What price target have analysts set for RLGT?

2 Wall Street analysts have issued twelve-month price objectives for Radiant Logistics' stock. Their predictions range from $9.00 to $9.00. On average, they anticipate Radiant Logistics' share price to reach $9.00 in the next year. This suggests a possible upside of 49.0% from the stock's current price. View Analyst Price Targets for Radiant Logistics.

What is the consensus analysts' recommendation for Radiant Logistics?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radiant Logistics in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Radiant Logistics.

Has Radiant Logistics been receiving favorable news coverage?

Media headlines about RLGT stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Radiant Logistics earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Are investors shorting Radiant Logistics?

Radiant Logistics saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,341,053 shares, an increase of 31.5% from the February 15th total of 1,020,094 shares. Based on an average trading volume of 609,405 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.7% of the shares of the stock are sold short. View Radiant Logistics' Current Options Chain.

Who are some of Radiant Logistics' key competitors?

What other stocks do shareholders of Radiant Logistics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Radiant Logistics investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Sprint (S), Sangamo Therapeutics (SGMO), Cisco Systems (CSCO), General Electric (GE), Zynerba Pharmaceuticals (ZYNE), Weatherford International (WFT) and Aduro BioTech (ADRO).

Who are Radiant Logistics' key executives?

Radiant Logistics' management team includes the folowing people:
  • Mr. Bohn H. Crain, Founder, CEO & Chairman (Age 55)
  • Mr. Todd E. Macomber, Sr. VP, CFO, Chief Accounting Officer & Corp. Controller (Age 55)
  • Mr. Tim Boyce, Sr. VP and COO of Rail & Truck Brokerage Operations (Age 59)
  • Mr. E. Joseph Bento, Sr. VP & COO of Freight Forwarding Operations (Age 56)
  • Mr. Arnold Goldstein, Sr. VP & Chief Commercial Officer (Age 65)

Who are Radiant Logistics' major shareholders?

Radiant Logistics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.08%), Dimensional Fund Advisors LP (4.17%), Dimensional Fund Advisors LP (4.17%), Boston Partners (2.19%), 22NW LP (2.02%) and Perritt Capital Management Inc. (1.38%). View Institutional Ownership Trends for Radiant Logistics.

Which major investors are selling Radiant Logistics stock?

RLGT stock was sold by a variety of institutional investors in the last quarter, including 22NW LP, Boston Partners, Menta Capital LLC, Thrivent Financial for Lutherans, Bank of America Corp DE, Essex Investment Management Co. LLC, Eqis Capital Management Inc. and Virtu Financial LLC. View Insider Buying and Selling for Radiant Logistics.

Which major investors are buying Radiant Logistics stock?

RLGT stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Municipal Employees Retirement System of Michigan, Ancora Advisors LLC, BlackRock Inc., Squarepoint Ops LLC, PNC Financial Services Group Inc., Prudential Financial Inc. and Millennium Management LLC. View Insider Buying and Selling for Radiant Logistics.

How do I buy shares of Radiant Logistics?

Shares of RLGT 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 Radiant Logistics' stock price today?

One share of RLGT stock can currently be purchased for approximately $6.04.

How big of a company is Radiant Logistics?

Radiant Logistics has a market capitalization of $299.05 million.

What is Radiant Logistics' official website?

The official website for Radiant Logistics is http://radiantdelivers.com.

How can I contact Radiant Logistics?

Radiant Logistics' mailing address is 405 114th Ave SE, BELLEVUE, WA 98004-6475, United States. The company can be reached via phone at +1-425-9434599 or via email at [email protected]


MarketBeat Community Rating for Radiant Logistics (NYSEAMERICAN RLGT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  272
MarketBeat's community ratings are surveys of what our community members think about Radiant Logistics and other stocks. Vote "Outperform" if you believe RLGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RLGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/18/2019 by MarketBeat.com Staff

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