Somewhat Positive News Coverage Somewhat Unlikely to Affect R1 RCM (NYSE:RCM) Share Price

News articles about R1 RCM (NYSE:RCM) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. R1 RCM earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.3957549768631 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Separately, Zacks Investment Research upgraded R1 RCM from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a research note on Thursday, July 6th.

R1 RCM (RCM) opened at 3.17 on Friday. The stock’s 50 day moving average price is $4.48 and its 200 day moving average price is $3.84. R1 RCM has a 52 week low of $1.61 and a 52 week high of $4.37.

R1 RCM (NYSE:RCM) last posted its earnings results on Wednesday, August 2nd. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by $0.07. R1 RCM had a negative return on equity of 51.77% and a negative net margin of 6.74%. The firm had revenue of $99.40 million for the quarter, compared to analyst estimates of $91.95 million. On average, equities analysts forecast that R1 RCM will post ($0.04) earnings per share for the current fiscal year.

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R1 RCM Company Profile

R1 RCM Inc, formerly Accretive Health, Inc, is a provider of revenue cycle management (RCM) and physician advisory services (PAS) to healthcare providers. The Company is engaged in providing management services of revenue cycle operations for the United States-based hospitals and other medical services providers.

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