R1 RCM stock: buy or sell?
May 26th, 2020
R1 RCM Inc. provides revenue cycle management and physician advisory services for healthcare providers in the United States.
Should I buy R1 RCM stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, R1 RCM stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is R1 RCM stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for RCM stock for the last 30 days.
R1 RCM stock analysis
R1 RCM remained stable a tiny 0.29% and closed at $10.40.
R1 RCM remained stable a tiny 0.29% and closed at $10.40. Since price and SMA200d lines crossed down on March, RCM fell $-1.97 per share (-15.93%). On January, RCM hit a new all time high, pushing higher than on January tops. Check different trading setups that use ATHs as triggers.
After boosting an exceptional 8.68% in a week last week, R1 RCM closed this week at $10.40 and remained stable a slightly fine 0.29%.
R1 RCM is in a clear downtrend, marking successive falling peaks and bottoms. Now is trading in between the - range. If the support holds the price, this might mark a double bottom shape and create a flat-base to reverse this downtrend. Far behind is the all-time high R1 RCM recorded by mid January and since then the price is -25.66% below that top. Since price and 40-weeks moving average lines crossed down early March, RCM fell $-1.97 per share (-15.93%). Stocks under the 200 days moving average line are usually not recommended for average traders.
R1 RCM stock price history
R1 RCM IPO was on March 16th, 2017 at $2.75 per share1. Since then, RCM stock surged a 278.20%, with an average of 92.70% per year. If you had invested $1,000 in R1 RCM stock in 2017, it would worth $2,782.00 today.
1: Adjusted price after possible price splits or reverse-splits.
R1 RCM stock historical price chart
RCM stock reached all-time highs on January with a price of $13.99.
R1 RCM stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for R1 RCM stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, R1 RCM presented its financial report, in line with analysts' consensus and published a $-0.02 Earnings per Share. As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an exceptional increase of 93.09% to $868.50 M USD. In line, its profit margin (compared to revenues) escalated to -5.22%, that is $-45.30 million.
|2013||$505 M||-||$130 M25.8%||-|
|2014||$210 M||-58.37%||$-79.62 M-37.9%||-161.21%|
|2015||$117 M||-44.21%||$-84.26 M-71.9%||5.82%|
|2016||$593 M||405.43%||$177 M29.9%||-310.16%|
|2017||$450 M||-24.09%||$-58.80 M-13.1%||-133.21%|
|2018||$869 M||93.09%||$-45.30 M-5.2%||-22.96%|
Quarterly financial resultsR1 RCM posted $262.90 M in sales for 2018-Q4, a 4.99% improvement compared to previous quarter. Reported quarter earnings marked $-5.70 million with a profit margin of -2.17%. Profit margin raised a 3.18% compared to previous quarter when profit margin was -5.35%. When comparing revenues to same quarter last year, R1 RCM sales marked an extraordinary increase and boosted a 87.38%. Looking back to recent quarterly results, R1 RCM posted 7 negative quarters in a row.
|2017-Q1||$87 M||-||$-8.30 M-9.6%||-|
|2017-Q2||$99 M||14.38%||$-6.70 M-6.7%||-19.28%|
|2017-Q3||$123 M||23.94%||$-3.60 M-2.9%||-46.27%|
|2017-Q4||$140 M||13.88%||$-40.20 M-28.7%||1,016.67%|
|2018-Q1||$147 M||4.99%||$-23.30 M-15.8%||-42.04%|
|2018-Q2||$208 M||41.14%||$-2.90 M-1.4%||-87.55%|
|2018-Q3||$250 M||20.44%||$-13.40 M-5.4%||362.07%|
|2018-Q4||$263 M||4.99%||$-5.70 M-2.2%||-57.46%|
R1 RCM ownershipWhen you are planning to buy a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For R1 RCM, 16.94% of all outstanding shares are owned by its staff.
In case of R1 RCM stock, 79.83% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for RCM stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$1.2 B|
|Total shares||114.9 M|
|Float shares||104.5 M|
|- Institutional holdings (%)||79.8%|
|- Insider holdings (%)||16.9%|
|Shares in short selling||0.0%|
R1 RCM summary
|Tuesday, May 26th, 2020|
|Day range||$10.30 - $10.68|
|Average true range||$0.51|
|50d mov avg||$9.39|
|100d mov avg||$11.09|
|200d mov avg||$11.19|
R1 RCM performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare R1 RCM performance to :