NYSEAMERICAN:RLGT

Radiant Logistics (RLGT) Stock Forecast, Price & News

$5.65

-0.17 (-2.92%)

(As of 09/29/2023 ET)

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Today's Range: $5.64
▼
$5.86
50-Day Range: $5.21
▼
$6.57
52-Week Range: $4.93
▼
$7.76

Volume: 141,851 shs
Average Volume: 165,671 shs
Market Capitalization: $267.19 million

P/E Ratio: 13.14
Dividend Yield: N/A
Price Target: $10.50

Radiant Logistics MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 85.8% Upside
$10.50 Price Target
Short Interest: Healthy
0.40% of Float Sold Short
Dividend Strength: N/A
Sustainability: -5.41
Upright™ Environmental Score
News Sentiment: 0.50
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

2.34 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Radiant Logistics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.50, Radiant Logistics has a forecasted upside of 85.8% from its current price of $5.65.
Amount of Analyst Coverage
Radiant Logistics has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.40% of the float of Radiant Logistics has been sold short.
Short Interest Ratio / Days to Cover
Radiant Logistics has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Radiant Logistics has recently decreased by 18.10%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

1.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Radiant Logistics has received a -46.56% net impact score from Upright. The largest negative impact of Radiant Logistics in category "GHG emissions" seems to be driven mostly by its "Air freight transport services", "Ship freight transport services", "Truck freight transport services", and "Less than truckload freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for Radiant Logistics is -5.41.

3.1

News and Social Media Coverage

News Sentiment
Radiant Logistics has a news sentiment score of 0.50. 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 lower news sentiment than the 0.62 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Radiant Logistics this week, compared to 1 article on an average week.
Search Interest
2 people have searched for RLGT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
2 people have added Radiant Logistics to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Radiant Logistics insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.00% of the stock of Radiant Logistics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.34% of the stock of Radiant Logistics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Radiant Logistics is 13.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Radiant Logistics is 13.14, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 10.98.
Price to Book Value per Share Ratio
Radiant Logistics has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Radiant Logistics (NYSEAMERICAN:RLGT) Stock

Radiant Logistics, Inc., a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. It offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services. The company provides logistics and supply chain services, including MM&D, CHB, and GTM services, as well as heavyweight and small package air services. It serves aviation and automotive, electronics and high tech, furniture and home furnishings, hospitality and gaming, humanitarian/NGO, industrial farming, and manufacturing and consumer goods; medical, healthcare, and pharmaceuticals; military and government; oil, gas, and energy; residential and white glove; retail, textile, apparel, and accessories; and trade shows, events, and advertising, as well as sporting goods industries. Radiant Logistics, Inc. was incorporated in 2001 and is headquartered in Renton, Washington.

RLGT Price History

30 days | 90 days | 365 days | Advanced Chart

RLGT Stock News Headlines

September 26, 2023 | msn.com

Radiant Logistics: Underwhelming Q4 FY23 Results, But Still Undervalued

September 17, 2023 | finance.yahoo.com

Radiant Logistics, Inc. (AMEX:RLGT) Q4 2023 Earnings Call Transcript

September 30, 2023 | Behind the Markets (Ad)

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September 14, 2023 | msn.com

Radiant Logistics drops as revenue misses estimates amid slowing economic growth

September 14, 2023 | finance.yahoo.com

Radiant Logistics says freight market at or near bottom

September 14, 2023 | markets.businessinsider.com

Radiant Logistics Inc. hosts conference call for investors

September 14, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Raytheon Technologies (RTX) and Radiant Logistics (RLGT)

September 14, 2023 | finance.yahoo.com

Q4 2023 Radiant Logistics Inc Earnings Call

September 30, 2023 | Tradewins (Ad)

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September 13, 2023 | finance.yahoo.com

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FOURTH FISCAL QUARTER AND YEAR ENDED JUNE 30, 2023

September 12, 2023 | markets.businessinsider.com

Here's what to expect from Radiant Logistics's earnings report

September 6, 2023 | finance.yahoo.com

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR FOURTH FISCAL QUARTER AN YEAR ENDED JUNE 30, 2023

August 29, 2023 | msn.com

Indore: DAVV Seeks To Know From Radiant College About New Campus

August 22, 2023 | bizjournals.com

Yellow layoffs help Radiant Logistics set up new KC-area operations

August 21, 2023 | benzinga.com

The Most Radiant Gift: Loving Thoughts Uttered from the Babies' Hearts

August 18, 2023 | msn.com

Genshin Impact: All Radiant Spincrystal Locations In Fontaine

August 17, 2023 | finance.yahoo.com

Former Yellow Logistics employees open new Radiant office

August 16, 2023 | finance.yahoo.com

RADIANT LOGISTICS ANNOUNCES GROWTH INITIATIVE OPENING NEW BROKERAGE OPERATION IN OVERLAND PARK, KANSAS

August 15, 2023 | benzinga.com

VAPORESSO Celebrates 8th Anniversary with Radiant Inno Dream Carnival

August 14, 2023 | finance.yahoo.com

RADIANT LOGISTICS ANNOUNCES THE OPENING OF A NEW COMPANY-OWNED OPERATING LOCATION IN KANSAS CITY, MISSOURI

August 9, 2023 | benzinga.com

Radiant Security Announces Revolutionary AI-Powered SOC Co-Pilot

July 28, 2023 | yahoo.com

The Walking Dead Invades Radiant Black, More Image Comics in New Variant Cover Series

July 25, 2023 | finance.yahoo.com

RLGT - Radiant Logistics, Inc.

July 23, 2023 | news.yahoo.com

Radiant Black's New Arc is Splitting Its Hero in Two

July 20, 2023 | fxstreet.com

Radiant price shoots up by 15% following a $10 million investment from Binance Labs

July 20, 2023 | markets.businessinsider.com

Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%

July 20, 2023 | tmcnet.com

Radiant Logic Master User Record Included in NIST NCCoE Latest Zero Trust Architecture Special Publication

See More Headlines

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RLGT Company Calendar

Last Earnings: 9/13/2023
Today: 9/30/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Freight transportation arrangement
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NYSEAMERICAN:RLGT
Previous Symbol: NASDAQ:RLGT
CUSIP: N/A
CIK: 1171155
Web: radiantdelivers.com
Phone: (425) 462-1094
Fax: 425-462-0768
Employees: 872
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.50
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +85.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.43
Trailing P/E Ratio: 13.14
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $20.59 million
Net Margins: 2.02%
Pretax Margin: 2.54%
Return on Equity: 19.91%
Return on Assets: 9.21%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.37
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $1.09 billion
Price / Sales: 0.25
Cash Flow: $1.28 per share
Price / Cash Flow: 4.43
Book Value: $4.31 per share
Price / Book: 1.31

Miscellaneous

Outstanding Shares: 47,290,000
Free Float: 35,943,000
Market Cap: $267.19 million
Optionable: Optionable
Beta: 0.95

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Key Executives

Mr. Bohn H. Crain (Age 59)
Founder, CEO & Chairman
Comp: $1.89M

Mr. Todd E. Macomber (Age 59)
Sr. VP, CFO & Treasurer
Comp: $495.53k

Mr. John W. Sobba (Age 66)
Sr. VP, Gen. Counsel & Sec.
Comp: $398.73k

Mr. Arnold Goldstein (Age 69)
Sr. VP & Chief Commercial Officer
Comp: $644.39k

David Argen
VP of Operations

Mr. Mark Rowe
Sr. VP of Technology

Ms. Jennifer Paige Deenihan
VP of Marketing & Communications

Alan Brown
VP of Sales

Mr. Tim O'Brien
Sr. VP & GM of Forwarding

Mr. Harry Smit
Sr. VP & Country Mang. of Canada

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

RLGT Stock - Frequently Asked Questions

Should I buy or sell Radiant Logistics stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radiant Logistics in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RLGT shares.
View RLGT analyst ratings or view top-rated stocks.
What is Radiant Logistics' stock price forecast for 2023?: 2 equities research analysts have issued twelve-month price objectives for Radiant Logistics' stock. Their RLGT share price forecasts range from $10.00 to $11.00. On average, they anticipate the company's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 85.8% from the stock's current price.
View analysts price targets for RLGT or view top-rated stocks among Wall Street analysts.
How have RLGT shares performed in 2023?: Radiant Logistics' stock was trading at $5.61 at the start of the year. Since then, RLGT shares have increased by 0.7% and is now trading at $5.65.
View the best growth stocks for 2023 here.
Are investors shorting Radiant Logistics?: Radiant Logistics saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 147,100 shares, a decrease of 18.1% from the August 31st total of 179,600 shares. Based on an average daily trading volume, of 151,400 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are short sold.
View Radiant Logistics' Short Interest.
How were Radiant Logistics' earnings last quarter?: Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) issued its quarterly earnings results on Wednesday, September, 13th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.05. The business earned $232.23 million during the quarter. Radiant Logistics had a trailing twelve-month return on equity of 19.91% and a net margin of 2.02%.
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), Fluent (FLNT), Advanced Micro Devices (AMD), Catalyst Pharmaceuticals (CPRX), Extraction Oil & Gas (XOG), Zynerba Pharmaceuticals (ZYNE), Baytex Energy (BTE), Chesapeake Energy (CHKAQ), Enphase Energy (ENPH) and Fuel Tech (FTEK).

What is Radiant Logistics' stock symbol?: Radiant Logistics trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "RLGT."
How do I buy shares of Radiant Logistics?: Shares of RLGT 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 Radiant Logistics' stock price today?: One share of RLGT stock can currently be purchased for approximately $5.65.
How much money does Radiant Logistics make?: Radiant Logistics (NYSEAMERICAN:RLGT) has a market capitalization of $267.19 million and generates $1.09 billion in revenue each year. The company earns $20.59 million in net income (profit) each year or $0.43 on an earnings per share basis.
How many employees does Radiant Logistics have?: The company employs 872 workers across the globe.
How can I contact Radiant Logistics?: Radiant Logistics' mailing address is 405 114th Ave SE, BELLEVUE, WA 98004-6475, United States. The official website for the company is radiantdelivers.com. The company can be reached via phone at (425) 462-1094, via email at casey@stonegateinc.com, or via fax at 425-462-0768.

This page (NYSEAMERICAN:RLGT) was last updated on 9/30/2023 by MarketBeat.com Staff

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