RCM - R1 RCM Inc Stock Price, Fair Value and News

12.43USD+0.12 (+0.97%)Market Closed

Market Summary

USD12.43+0.12

Market Closed

0.97%

RCM Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

RCM Stock Price

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RCM RSI Chart

RCM Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

-156.77

Price/Sales (Trailing)

2.26

EV/EBITDA

18.04

Price/Free Cashflow

22.91

RCM Price/Sales (Trailing)

RCM Profitability

EBT Margin

-0.66%

Return on Equity

-1.18%

Return on Assets

-0.58%

Free Cashflow Yield

4.37%

RCM Fundamentals

RCM Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

10.69%

Rev. Growth (Qtr)

5.01%

RCM Earnings

Earnings (TTM)

-33.4M

Earnings Growth (Yr)

-2.3K%

Earnings Growth (Qtr)

-2.6K%

Breaking Down RCM Revenue

Last 7 days

2.9%

Last 30 days

2.3%

Last 90 days

14.4%

Trailing 12 Months

-25.9%

How does RCM drawdown profile look like?

RCM Financial Health

Current Ratio

1.79

Debt/Equity

0.78

Debt/Cashflow

0.15

RCM Investor Care

Shares Dilution (1Y)

0.73%

Diluted EPS (TTM)

-0.07

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.3B	0	0	0
2023	2.0B	2.1B	2.2B	2.3B
2022	1.5B	1.6B	1.7B	1.8B
2021	1.3B	1.4B	1.4B	1.5B
2020	0	0	0	1.3B

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of R1 RCM Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2024	sparby john m.	sold	-	-	-3,101	president
Mar 07, 2024	sparby john m.	sold	-143,959	14.33	-10,046	president
Mar 06, 2024	sparby john m.	sold	-	-	-3,750	president
Feb 27, 2024	sparby john m.	sold (taxes)	-156,706	14.58	-10,748	president
Feb 27, 2024	flanagan joseph gerard	acquired	-	-	148,849	-
Feb 27, 2024	flanagan joseph gerard	sold (taxes)	-813,928	14.58	-55,825	-
Feb 27, 2024	sparby john m.	acquired	-	-	36,657	president
Feb 27, 2024	spikner pamela l.	acquired	-	-	8,953	principal accounting officer
Aug 08, 2023	henneman john b iii	sold	-858,650	17.173	-50,000	-
Aug 08, 2023	henneman john b iii	acquired	130,500	2.61	50,000	-

Which funds bought or sold RCM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.74	296,778	2,142,870	-%
May 16, 2024	COMERICA BANK	reduced	-2.04	161,420	995,142	-%
May 16, 2024	SkyView Investment Advisors, LLC	new	-	234,000	234,000	0.04%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-60.6	-1,364,100	1,259,570	-%
May 16, 2024	Tidal Investments LLC	sold off	-100	-1,602,340	-	-%
May 15, 2024	Petrus Trust Company, LTA	sold off	-100	-483,007	-	-%
May 15, 2024	KNIGHTSBRIDGE ASSET MANAGEMENT, LLC	unchanged	-	-	472,945	0.13%
May 15, 2024	PALISADE CAPITAL MANAGEMENT, LP	added	89.22	579,948	1,024,090	0.03%
May 15, 2024	ORBIMED ADVISORS LLC	sold off	-100	-50,769,800	-	-%
May 15, 2024	Magnetar Financial LLC	sold off	-100	-4,218,870	-	-%

Are Funds Buying or Selling RCM?

Are funds buying RCM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RCM

No. of Funds

Unveiling R1 RCM Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 07, 2024	new mountain investments v, l.l.c.	29.7%	124,910,408	SC 13D/A
May 07, 2024	tcp-asc achi series lllp	35.7%	164,754,055	SC 13D/A
Apr 29, 2024	new mountain investments v, l.l.c.	29.7%	124,910,408	SC 13D/A
Mar 11, 2024	tcp-asc achi series lllp	35.8%	164,754,055	SC 13D/A
Feb 26, 2024	new mountain investments v, l.l.c.	29.8%	124,910,408	SC 13D/A
Feb 07, 2024	new mountain investments v, l.l.c.	29.8%	124,910,408	SC 13D/A
Feb 06, 2024	tcp-asc achi series lllp	35.8%	164,754,055	SC 13D/A
Jun 21, 2022	tcp-asc achi series lllp	14.%	0	SC 13D/A
Feb 03, 2022	blackrock inc.	6.6%	18,439,516	SC 13G/A
Jan 11, 2022	tcp-asc achi series lllp	56.5%	179,754,055	SC 13D/A

Recent SEC filings of R1 RCM Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 07, 2024	SC 13D/A	13D - Major Acquisition
May 07, 2024	SC 13D/A	13D - Major Acquisition
Apr 29, 2024	SC 13D/A	13D - Major Acquisition
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Mar 28, 2024	4	Insider Trading
Mar 19, 2024	8-K	Current Report

R1 RCM Inc News

Latest updates

R1 RCM Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	5.0%	604	575	573	561	546	533	496	392	386	399	380	353	343	-
Costs and Expenses	13.3%	596	526	532	537	512	537	491	439	342	348	358	324	309	-
S&GA Expenses	15.6%	64.00	56.00	55.00	63.00	47.00	54.00	58.00	30.00	30.00	32.00	33.00	29.00	28.00	-
EBITDA Margin	-8.0%	0.17*	0.19*	0.14*	0.13*	0.09*	0.09*	0.09*	0.10*	0.15*	0.14*	0.14*	0.15*	0.15*	0.16*
Income Taxes	-88.8%	2.00	16.00	8.00	-7.60	1.00	4.00	10.00	-26.70	9.00	10.00	7.00	6.00	7.00	-
Earnings Before Taxes	-290.3%	-33.30	18.00	9.00	-8.60	3.00	-32.50	-18.90	-54.40	39.00	46.00	16.00	26.00	30.00	-
EBT Margin	-171.0%	-0.01*	0.01*	-0.01*	-0.03*	-0.05*	-0.04*	0.01*	0.03*	0.08*	0.08*	0.08*	0.08*	0.09*	0.09*
Net Income	-2607.1%	-35.10	1.00	1.00	-1.00	2.00	-36.60	-28.70	-27.70	30.00	37.00	8.00	19.00	23.00	-
Net Income Margin	-1086.5%	-0.01*	0.00*	-0.02*	-0.03*	-0.05*	-0.04*	0.01*	0.03*	0.06*	0.06*	0.08*	0.08*	0.09*	0.09*
Free Cashflow	-77.1%	22.00	97.00	77.00	32.00	31.00	11.00	-5.90	-129	21.00	28.00	67.00	74.00	36.00	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Assets	16.8%	5,795	4,960	5,040	5,056	5,055	5,122	5,063	5,075	1,426	1,438	1,472	1,176	1,132
Current Assets	10.5%	700	633	639	585	546	565	541	571	339	365	364	353	299
Cash Equivalents	2.5%	178	174	165	123	104	110	131	164	124	130	159	165	104
Goodwill	16.0%	3,049	2,629	2,629	2,629	2,631	2,640	2,531	2,085	545	545	542	374	374
Liabilities	34.5%	2,972	2,209	2,297	2,331	2,352	2,419	2,313	2,342	1,069	1,101	1,149	855	851
Current Liabilities	13.2%	392	346	338	325	318	350	346	365	221	253	257	238	222
Long Term Debt	39.4%	2,190	1,571	1,646	1,692	1,707	1,733	1,728	-	-	755	-	-	-
LT Debt, Current	35.8%	91.00	67.00	67.00	63.00	58.00	54.00	50.00	42.00	18.00	18.00	18.00	39.00	36.00
LT Debt, Non Current	-100.0%	-	1,571	1,646	1,692	1,707	1,733	1,728	-	-	755	-	-	-
Shareholder's Equity	2.6%	2,824	2,751	2,743	2,725	2,703	2,703	2,749	2,734	357	337	323	320	281
Retained Earnings	-25.7%	-171	-136	-138	-139	-138	-140	-103	-74.70	-47.00	-76.70	-113	-121	-141
Additional Paid-In Capital	3.4%	3,307	3,197	3,180	3,159	3,136	3,123	3,104	3,053	642	631	616	590	565
Shares Outstanding	0.1%	421	420	419	419	417	417	331	287	279	266	279	254	-
Float	-	-	-	-	2,855	-	-	-	2,951	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Cashflow From Operations	-60.7%	47.00	119	109	57.00	55.00	30.00	26.00	-97.40	32.00	46.00	82.00	83.00	46.00	-
Share Based Compensation	97.4%	30.00	15.00	18.00	20.00	11.00	16.00	22.00	12.00	10.00	12.00	25.00	24.00	15.00	-
Cashflow From Investing	-2467.6%	-698	-27.20	-28.40	-21.60	-25.60	-27.60	-31.90	-879	-11.00	-14.90	-301	-6.20	-9.60	-
Cashflow From Financing	886.7%	656	-83.40	-38.40	-16.70	-35.40	-22.50	-26.00	1,018	-26.20	-60.30	213	-14.40	-107	-
Buy Backs	-	-	-	-	-	-	27.00	12.00	-	1.00	27.00	30.00	-	-	-

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RCM Income Statement

2024-03-31

Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net services revenue ($220.1 million for the three months ended March 31, 2024 and $216.8 million for the three months ended March 31, 2023 from related party)	$ 603.9	$ 545.6
Operating expenses:
Cost of services	497.6	434.7
Selling, general and administrative	64.4	47.0
Other expenses	33.9	30.2
Total operating expenses	595.9	511.9
Income from operations	8.0	33.7
Net interest expense	41.3	30.7
Income (loss) before income tax provision	(33.3)	3.0
Income tax provision	1.8	1.4
Net income (loss)	$ (35.1)	$ 1.6
Net income (loss) per common share:
Basic (in dollars per share)	$ (0.08)	$ 0
Diluted (in dollars per share)	$ (0.08)	$ 0
Weighted average shares used in calculating net income (loss) per common share:
Basic (in shares)	420,427,136	417,346,840
Diluted (in shares)	420,427,136	452,925,789
Consolidated statements of comprehensive income (loss)
Net income (loss)	$ (35.1)	$ 1.6
Other comprehensive income (loss):
Net change on derivatives designated as cash flow hedges, net of tax	1.1	(1.7)
Foreign currency translation adjustments	(0.4)	0.5
Total other comprehensive income (loss), net of tax	0.7	(1.2)
Comprehensive income (loss)	$ (34.4)	$ 0.4

RCM Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 178.0	$ 173.6
Accounts receivable, net	317.9	269.4
Current portion of contract assets, net	96.3	94.4
Prepaid expenses and other current assets	107.9	95.9
Total current assets	700.1	633.3
Property, equipment and software, net	186.6	173.7
Operating lease right-of-use assets	72.6	62.5
Non-current portion of contract assets, net	41.4	37.7
Non-current portion of deferred contract costs	33.3	30.4
Intangible assets, net	1,626.5	1,310.7
Goodwill	3,049.4	2,629.4
Deferred tax assets	10.9	10.9
Other assets	74.4	71.6
Total assets	5,795.2	4,960.2
Current liabilities:
Accounts payable	27.1	22.7
Accrued compensation and benefits	98.7	126.3
Current portion of operating lease liabilities	21.7	19.3
Current portion of long-term debt	91.0	67.0
Accrued expenses and other current liabilities	110.2	65.9
Total current liabilities	392.0	346.2
Non-current portion of operating lease liabilities	87.4	77.8
Long-term debt	2,189.6	1,570.5
Deferred tax liabilities	263.1	176.6
Other non-current liabilities	24.7	23.2
Total liabilities	2,971.6	2,208.8
Stockholders’ equity:
Common stock, $0.01 par value, 750,000,000 shares authorized, 446,143,706 shares issued and 420,729,691 shares outstanding at March 31, 2024; 750,000,000 shares authorized, 445,436,482 shares issued and 420,201,507 shares outstanding at December 31, 2023	4.5	4.5
Additional paid-in capital	3,306.6	3,197.4
Accumulated deficit	(171.8)	(136.7)
Accumulated other comprehensive loss	(5.2)	(5.9)
Treasury stock, at cost, 25,414,015 shares as of March 31, 2024; 25,234,975 shares as of December 31, 2023	(310.5)	(307.9)
Total stockholders’ equity	2,823.6	2,751.4
Total liabilities and stockholders’ equity	5,795.2	4,960.2
Nonrelated Party
Current assets:
Accounts receivable, net	291.4	243.3
Current liabilities:
Current portion of customer liabilities	37.6	39.8
Non-current portion of customer liabilities	3.5	2.7
Related party
Current assets:
Accounts receivable, net	26.5	26.1
Current liabilities:
Current portion of customer liabilities	5.7	5.2
Non-current portion of customer liabilities	$ 11.3	$ 11.8

About R1 RCM Inc

R1 RCM Inc. provides technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and physician groups. It offers end-to-end revenue cycle management (RCM) services, which address the spectrum of revenue cycle challenges faced by healthcare providers. The company provides modular services, including physician advisory services, which assists healthcare organizations in complying with payer requirements regarding whether to classify a hospital visit as an in-patient or an out-patient observation case for billing purposes; practice management services that offers administrative and operational support for patient care and outsource non-core functions; revenue integrity solutions, including coding management services, such as business intelligence and analysis, human capital management, accountability framework, and quality management programs; patient experience; and business office services. R1 RCM Inc. was founded in 2003 and is headquartered in Murray, Utah.

CEO	Mr. Lee Rivas
WEBSITE	r1rcm.com
INDUSTRY	Healthcare Plans
EMPLOYEES	27200

R1 RCM Inc Frequently Asked Questions

What is the ticker symbol for R1 RCM Inc? What does RCM stand for in stocks?

RCM is the stock ticker symbol of R1 RCM Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of R1 RCM Inc (RCM)?

As of Fri May 17 2024, market cap of R1 RCM Inc is 5.24 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RCM stock?

You can check RCM's fair value in chart for subscribers.

What is the fair value of RCM stock?

You can check RCM's fair value in chart for subscribers. The fair value of R1 RCM Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of R1 RCM Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RCM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is R1 RCM Inc a good stock to buy?

The fair value guage provides a quick view whether RCM is over valued or under valued. Whether R1 RCM Inc is cheap or expensive depends on the assumptions which impact R1 RCM Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RCM.

What is R1 RCM Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RCM's PE ratio (Price to Earnings) is -156.77 and Price to Sales (PS) ratio is 2.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RCM PE ratio will change depending on the future growth rate expectations of investors.