Radiant Logistics (RLGT) Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "buy" RLGT shares.
View RLGT analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year price objectives for Radiant Logistics' shares. Their RLGT share price forecasts range from $10.00 to $11.00. On average, they expect the company's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 61.5% from the stock's current price.
View analysts price targets for RLGT or view top-rated stocks among Wall Street analysts.

Radiant Logistics' stock was trading at $5.61 on January 1st, 2023. Since then, RLGT stock has increased by 15.9% and is now trading at $6.50.
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Radiant Logistics saw a decrease in short interest in 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 trading volume, of 149,800 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.6% of the company's shares are sold short.
View Radiant Logistics' Short Interest.

Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) announced its quarterly earnings data on Wednesday, May, 10th. The company reported $0.17 earnings per share (EPS) for the quarter. The firm had revenue of $244.17 million for the quarter. Radiant Logistics had a net margin of 2.96% and a trailing twelve-month return on equity of 27.02%.

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),

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).

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

Radiant Logistics' stock is owned by many different retail and institutional 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.

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.
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One share of RLGT stock can currently be purchased for approximately $6.50.

Radiant Logistics (NYSEAMERICAN:RLGT) has a market capitalization of $309.27 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.

The company employs 656 workers across the globe.

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.