NYSEAMERICAN:RLGT

Radiant Logistics (RLGT) Stock Forecast, Price & News

$6.26

+0.18 (+2.96%)

(As of 05/26/2023 08:00 PM ET)

Compare

Today's Range: $6.06
▼
$6.35
50-Day Range: $5.21
▼
$6.57
52-Week Range: $4.93
▼
$8.09

Volume: 108,700 shs
Average Volume: 142,239 shs
Market Capitalization: $297.85 million

P/E Ratio: 8.58
Dividend Yield: N/A
Price Target: $10.50

Radiant Logistics MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 67.7% Upside
$10.50 Price Target
Short Interest: Healthy
0.64% of Float Sold Short
Dividend Strength: N/A
Sustainability: -5.38
Upright™ Environmental Score
News Sentiment: N/A
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.

2.39 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 67.7% from its current price of $6.26.
Amount of Analyst Coverage
Radiant Logistics has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.64% 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 1.5, 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 13.82%, 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 -42.92% 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 -5.38.

2.2

News and Social Media Coverage

News Sentiment
Radiant Logistics has a news sentiment score of 1.00. 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 0.51 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Radiant Logistics this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for RLGT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 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
55.07% of the stock of Radiant Logistics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Radiant Logistics is 8.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Radiant Logistics is 8.58, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 23.09.
Price to Book Value per Share Ratio
Radiant Logistics has a P/B Ratio of 1.59. 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. is a non-asset-based global transportation and supply chain management company. The firm through its comprehensive service offering, provides domestic and international freight forwarding services, truckload services, less than truckload services, intermodal services, truck and rail brokerage services, and other value-added supply chain management services, including customs brokerage, order fulfillment, inventory management, and warehousing to a diversified account base including manufacturers, distributors, and retailers using a network of independent carriers and international agents positioned strategically around the world. It operates through the following geographical segments: United States and Canada. The company was founded by Bohn H. Crain in March 15, 2001 and is headquartered in Renton, WA.

Receive RLGT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Radiant Logistics and its competitors with MarketBeat's FREE daily newsletter.

RLGT Stock News Headlines

May 21, 2023 | markets.businessinsider.com

7 Transportation Stocks to Buy Before Summer 2023

May 19, 2023 | americanbankingnews.com

Radiant Logistics (NYSE:RLGT) Coverage Initiated at StockNews.com

May 29, 2023 | Stocks To Trade (Ad)

Free A.I. Trade Alerts. Up to 15 opportunities a day.

Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.

May 19, 2023 | americanbankingnews.com

Radiant Logistics (NYSEAMERICAN:RLGT) Receives New Coverage from Analysts at StockNews.com

May 12, 2023 | msn.com

Radiant Logistics: Q3 Earnings Insights

May 12, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Stoneridge (SRI) and Radiant Logistics (RLGT)

May 10, 2023 | finance.yahoo.com

Radiant pushes value creation for shareholders as freight market bottoms

May 10, 2023 | finance.yahoo.com

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2023

May 29, 2023 | Stocks To Trade (Ad)

Free A.I. Trade Alerts. Up to 15 opportunities a day.

Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.

May 9, 2023 | msn.com

Earnings Outlook For Radiant Logistics

May 3, 2023 | finance.yahoo.com

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2023

April 20, 2023 | americanbankingnews.com

Contrasting Freightos (NASDAQ:CRGO) & (NYSE:RLGT)

April 1, 2023 | americanbankingnews.com

Radiant Logistics' (RLGT) Outperform Rating Reiterated at TD Cowen

March 31, 2023 | americanbankingnews.com

Radiant Logistics (NYSEAMERICAN:RLGT) PT Lowered to $11.00 at Lake Street Capital

March 30, 2023 | finance.yahoo.com

Radiant Logistics, Inc. (AMEX:RLGT) Q4 2022 Earnings Call Transcript

March 28, 2023 | msn.com

Radiant Logistics's Return On Capital Employed Overview

March 27, 2023 | finance.yahoo.com

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2022, AND SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022

March 26, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Radiant Logistics's earnings

March 26, 2023 | americanbankingnews.com

Radiant Logistics (NYSE:RLGT) Rating Lowered to Hold at StockNews.com

March 22, 2023 | finance.yahoo.com

RADIANT LOGISTICS TO HOST INVESTOR CALL TO PROVIDE A GENERAL BUSINESS UPDATE AND DISCUSS FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2022 AND QUARTERS ENDED SEPTEMBER 30, 2022 AND DECEMBER 31, 2022

February 27, 2023 | finance.yahoo.com

RADIANT LOGISTICS COMPLETES RESTATEMENT; FILES COMPREHENSIVE ANNUAL REPORT ON FORM 10-K

February 10, 2023 | marketwatch.com

Radiant Heat Baby Warmer Market Research Report 2023-2028 with Top Key Players, Industry Segments, Pricing Trends and Revenue Generations Analysis

February 9, 2023 | finance.yahoo.com

RADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022

February 9, 2023 | marketwatch.com

Radiant Tube Heaters Market to Reach High Globally, by 2027| Research Reports World

February 7, 2023 | marketwatch.com

Radiant Ceiling Panels Market Size Analysis between Top International Players through Business Aspects way 2028

February 7, 2023 | marketwatch.com

Global Radiant Heating System Market [2023-2030] | Maximize ROI with Our Advanced Research Report

February 4, 2023 | marketwatch.com

Infrared Radiant Heaters Market Size Research Analysis 2023 | Types, Applications Challenges, Gross Margin, Revenue and Forecast to 2029

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive RLGT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Radiant Logistics and its competitors with MarketBeat's FREE daily newsletter.

RLGT Company Calendar

Last Earnings: 5/10/2023
Today: 5/29/2023
Fiscal Year End: 6/30/2023

Get Stock Alerts

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: 656
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: +67.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.73
Trailing P/E Ratio: 8.58
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $44.46 million
Net Margins: 2.96%
Pretax Margin: 3.49%
Return on Equity: 27.02%
Return on Assets: 11.64%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 1.52
Quick Ratio: 1.52

Sales & Book Value

Annual Sales: $1.48 billion
Price / Sales: 0.20
Cash Flow: $1.60 per share
Price / Cash Flow: 3.91
Book Value: $3.93 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 47,580,000
Free Float: 36,161,000
Market Cap: $297.85 million
Optionable: Optionable
Beta: 0.93

Key Executives

Bohn H. Crain
Chairman & Chief Executive Officer

Todd E. Macomber
Chief Financial & Accounting Officer, Treasurer

Mark Rowe
Senior Vice President-Technology

Arnold Goldstein
Chief Commercial Officer & Senior Vice President

John W. Sobba
Secretary, Senior Vice President & General Counsel

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Radiant Logistics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued twelve-month price targets for Radiant Logistics' shares. Their RLGT share price forecasts range from $10.00 to $11.00. On average, they expect the company's share price to reach $10.50 in the next year. This suggests a possible upside of 67.7% 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 stock has increased by 11.6% and is now trading at $6.26.
View the best growth stocks for 2023 here.
Are investors shorting Radiant Logistics?: Radiant Logistics saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 231,900 shares, a decrease of 13.8% from the April 30th total of 269,100 shares. Based on an average daily volume of 149,800 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.6% 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) posted its quarterly earnings results on Wednesday, May, 10th. The company reported $0.17 earnings per share for the quarter. The company had revenue of $244.17 million for the quarter. Radiant Logistics had a trailing twelve-month return on equity of 27.02% and a net margin of 2.96%.
What ETFs hold Radiant Logistics' stock?: ETFs with the largest weight of Radiant Logistics (NYSEAMERICAN:RLGT) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Janus Henderson Small Cap Growth Alpha ETF (JSML),

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."
Who are Radiant Logistics' major shareholders?: Radiant Logistics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.73%), BlackRock Inc. (5.43%), Wellington Management Group LLP (4.70%), Ameriprise Financial Inc. (2.71%), Meros Investment Management LP (2.45%) and Royce & Associates LP (2.38%).
View institutional ownership trends.
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 $6.26.
How much money does Radiant Logistics make?: Radiant Logistics (NYSEAMERICAN:RLGT) has a market capitalization of $297.85 million and generates $1.48 billion in revenue each year. The company earns $44.46 million in net income (profit) each year or $0.73 on an earnings per share basis.
How many employees does Radiant Logistics have?: The company employs 656 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 5/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial