NYSEAMERICAN:RLGT Radiant Logistics (RLGT) Stock Forecast, Price & News $6.50 +0.06 (+0.93%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$6.31▼$6.6950-Day Range$5.21▼$6.5752-Week Range$4.93▼$8.09Volume205,149 shsAverage Volume142,348 shsMarket Capitalization$309.27 millionP/E Ratio8.90Dividend YieldN/APrice Target$10.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Radiant Logistics MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside61.5% Upside$10.50 Price TargetShort InterestHealthy0.64% of Float Sold ShortDividend StrengthN/ASustainability-5.38Upright™ Environmental ScoreNews Sentiment0.68Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 stars 3.5 Analyst's Opinion Consensus RatingRadiant 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/DownsideAccording to analysts' consensus price target of $10.50, Radiant Logistics has a forecasted upside of 61.5% from its current price of $6.50.Amount of Analyst CoverageRadiant Logistics has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.64% of the float of Radiant Logistics has been sold short.Short Interest Ratio / Days to CoverRadiant 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 monthShort interest in Radiant Logistics has recently decreased by 13.82%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRadiant Logistics does not currently pay a dividend.Dividend GrowthRadiant Logistics does not have a long track record of dividend growth. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRadiant 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 SustainabilityThe Environmental Impact score for Radiant Logistics is -5.38. Previous Next 2.6 News and Social Media Coverage News SentimentRadiant Logistics has a news sentiment score of 0.68. 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 WeekMarketBeat has tracked 3 news articles for Radiant Logistics this week, compared to 1 article on an average week.Search InterestOnly 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. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Radiant Logistics insiders have not sold or bought any company stock.Percentage Held by Insiders24.00% 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 Institutions55.07% of the stock of Radiant Logistics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Radiant Logistics is 8.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Radiant Logistics is 8.90, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 26.58.Price to Book Value per Share RatioRadiant Logistics has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Radiant Logistics (NYSEAMERICAN:RLGT) StockRadiant 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.Read More 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. Email Address RLGT Stock News HeadlinesJune 2, 2023 | fool.comRadiant Logistics (NYSEMKT: RLGT)June 1, 2023 | finance.yahoo.comRADIANT LOGISTICS ANNOUNCES FURTHER EXPANSION OF SERVICE BY AIR NETWORK WITH NEW OPERATIONS IN BOSTON, MASSACHUSETTSJune 7, 2023 | Behind the Markets (Ad)AI Creates New Cancer Drug - In Just 30 Days!On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 31, 2023 | americanbankingnews.comRadiant Logistics, Inc. (NYSEAMERICAN:RLGT) Sees Significant Decrease in Short InterestMay 21, 2023 | markets.businessinsider.com7 Transportation Stocks to Buy Before Summer 2023May 19, 2023 | americanbankingnews.comRadiant Logistics (NYSE:RLGT) Coverage Initiated at StockNews.comMay 19, 2023 | americanbankingnews.comRadiant Logistics (NYSEAMERICAN:RLGT) Receives New Coverage from Analysts at StockNews.comMay 12, 2023 | msn.comRadiant Logistics: Q3 Earnings InsightsJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 12, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Stoneridge (SRI) and Radiant Logistics (RLGT)May 10, 2023 | finance.yahoo.comRadiant pushes value creation for shareholders as freight market bottomsMay 10, 2023 | finance.yahoo.comRADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2023May 9, 2023 | msn.comEarnings Outlook For Radiant LogisticsMay 3, 2023 | finance.yahoo.comRADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2023April 20, 2023 | americanbankingnews.comContrasting Freightos (NASDAQ:CRGO) & (NYSE:RLGT)April 1, 2023 | americanbankingnews.comRadiant Logistics' (RLGT) Outperform Rating Reiterated at TD CowenMarch 31, 2023 | americanbankingnews.comRadiant Logistics (NYSEAMERICAN:RLGT) PT Lowered to $11.00 at Lake Street CapitalMarch 30, 2023 | finance.yahoo.comRadiant Logistics, Inc. (AMEX:RLGT) Q4 2022 Earnings Call TranscriptMarch 28, 2023 | msn.comRadiant Logistics's Return On Capital Employed OverviewMarch 27, 2023 | finance.yahoo.comRADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2022, AND SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022March 26, 2023 | markets.businessinsider.comHere's what Wall Street expects from Radiant Logistics's earningsMarch 26, 2023 | americanbankingnews.comRadiant Logistics (NYSE:RLGT) Rating Lowered to Hold at StockNews.comMarch 22, 2023 | finance.yahoo.comRADIANT 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, 2022February 27, 2023 | finance.yahoo.comRADIANT LOGISTICS COMPLETES RESTATEMENT; FILES COMPREHENSIVE ANNUAL REPORT ON FORM 10-KFebruary 10, 2023 | marketwatch.comRadiant Heat Baby Warmer Market Research Report 2023-2028 with Top Key Players, Industry Segments, Pricing Trends and Revenue Generations AnalysisFebruary 9, 2023 | finance.yahoo.comRADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022February 9, 2023 | marketwatch.comRadiant Tube Heaters Market to Reach High Globally, by 2027| Research Reports WorldSee More Headlines RLGT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RLGT Company Calendar Last Earnings5/10/2023Today6/06/2023Fiscal Year End6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Freight transportation arrangement Sub-IndustryN/A SectorTransportation Current SymbolNYSEAMERICAN:RLGT Previous SymbolNASDAQ:RLGT CUSIPN/A CIK1171155 Webradiantdelivers.com Phone(425) 462-1094Fax425-462-0768Employees656Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.50 High Stock Price Forecast$11.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+61.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.73 Trailing P/E Ratio8.90 Forward P/E RatioN/A P/E GrowthN/ANet Income$44.46 million Net Margins2.96% Pretax Margin3.49% Return on Equity27.02% Return on Assets11.64% Debt Debt-to-Equity Ratio0.14 Current Ratio1.52 Quick Ratio1.52 Sales & Book Value Annual Sales$1.48 billion Price / Sales0.21 Cash Flow$1.61 per share Price / Cash Flow4.03 Book Value$3.93 per share Price / Book1.65Miscellaneous Outstanding Shares47,580,000Free Float36,161,000Market Cap$309.27 million OptionableOptionable Beta0.92 Key ExecutivesBohn H. CrainChairman & Chief Executive OfficerTodd E. MacomberChief Financial & Accounting Officer, TreasurerMark RoweSenior Vice President-TechnologyArnold GoldsteinChief Commercial Officer & Senior Vice PresidentJohn W. SobbaSecretary, Senior Vice President & General CounselKey CompetitorsRoadrunner Transportation SystemsOTCMKTS:RRTSOverseas Shipholding GroupNYSE:OSGGreen Plains PartnersNASDAQ:GPPDasekeNASDAQ:DSKEPangaea Logistics SolutionsNASDAQ:PANLView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 220,381 shares on 5/22/2023Ownership: 2.705%JPMorgan Chase & Co.Sold 8,791 shares on 5/18/2023Ownership: 1.140%New York State Common Retirement FundSold 17,600 shares on 5/18/2023Ownership: 0.016%First Trust Advisors LPBought 6,597 shares on 5/16/2023Ownership: 0.205%Ancora Advisors LLCSold 5,411 shares on 5/16/2023Ownership: 0.029%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 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. What is Radiant Logistics' stock price forecast for 2023? 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. How have RLGT shares performed in 2023? 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. 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 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. How were Radiant Logistics' earnings last quarter? 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%. 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 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. 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 $6.50. How much money does Radiant Logistics make? 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. 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 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Radiant Logistics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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