Added to YB: 2024-07-02
Pitch date: 2024-07-02
RCM [bullish]
R1 RCM Inc.
+30.92%
current return
Author Info
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Company Info
R1 RCM Inc. provides technology-driven solutions for the financial performance and patient experience of health systems, hospitals, and physician groups.
Market Cap
$6.0B
Pitch Price
$10.93
Price Target
19.00 (+33%)
Dividend
N/A
EV/EBITDA
15.35
P/E
-98.40
EV/Sales
3.32
Sector
Health Care Providers and Services
Category
special_situation
RCM: Major Shareholders Eyeing a New Bid, Offering Potential 8x Return
RCM: Undervalued vs comps (>$15 fair value, $19 PT, some say $23-25). NMC (33%) & TowerBrook (30%) working on new bid after $13.75 rejected. July 12 waiver extension suggests imminent offer. Risks: mgmt prefers salaries over buyout, deal delays. Calls underpriced for potential 8x return on $19 bid. Long-term hold if no deal.
Read full article (2 min)