Added to YB: 2024-07-10
Pitch date: 2024-07-08
RCM [bullish]
R1 RCM Inc.
+12.15%
current return
Author Info
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
$12.76
Price Target
15.00 (+5%)
Dividend
N/A
EV/EBITDA
15.35
P/E
-98.40
EV/Sales
3.32
Sector
Health Care Providers and Services
Category
special_situation
A brewing bidding war? $RCM
RCM: Bidding war between 2 major shareholders (NM 33%, TCP 36%) for take-private. NM bid $13.25, TCP to top. Unique situation: semi-control shareholders competing. Market skeptical due to hacks, trades below bid. Downside protected by bidders' knowledge. Potential for $15+ price. Risk: no deal, but unlikely given bidder actions.
Read full article (12 min)