Radiant Logistics Stock Target Price and Analyst Consensus

RLGT Stock  USD 4.93  0.03  0.61%   
The current analyst and expert consensus on Radiant Logistics is Strong Buy, with 3 strong buy opinions. The current projected Radiant Logistics target price consensus is 9.33 with 3 analyst opinions. The most common way Radiant Logistics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Radiant Logistics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Radiant Logistics. We encourage you to use your own analysis of Radiant Logistics to validate this buy or sell advice. Radiant Logistics buy-or-sell recommendation module provides average expert sentiment on the projected Radiant Logistics target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Radiant Logistics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.
Lowest Forecast
8.49
Highest Forecast
10.36
Target Price
9.33
Gross Profit is likely to gain to about 260 M in 2024. Pretax Profit Margin is likely to gain to 0.02 in 2024. At this time, Radiant Logistics' Cash And Short Term Investments are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 600.6 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 53.9 M in 2024.
  
It's important to approach Radiant Logistics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Radiant Logistics price targets

Radiant Logistics' stock target price is an estimate of its future price, usually made by analysts. Using Radiant Logistics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Radiant Logistics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Radiant Logistics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Radiant Logistics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Radiant Logistics is a key component of Radiant Logistics valuation and have some predictive power on the future returns of a Radiant Logistics.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Radiant Logistics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.144.966.78
Details
Intrinsic
Valuation
LowRealHigh
4.306.127.94
Details
Naive
Forecast
LowNextHigh
2.974.796.61
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.080.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Radiant Logistics. Your research has to be compared to or analyzed against Radiant Logistics' peers to derive any actionable benefits. When done correctly, Radiant Logistics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Radiant Logistics.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Impulse Idea
Impulse
Invested over 100 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
When determining whether Radiant Logistics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Radiant Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Radiant Logistics Stock. Highlighted below are key reports to facilitate an investment decision about Radiant Logistics Stock:
Check out Macroaxis Advice on Radiant Logistics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.
Note that the Radiant Logistics information on this page should be used as a complementary analysis to other Radiant Logistics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Radiant Logistics' price analysis, check to measure Radiant Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Radiant Logistics is operating at the current time. Most of Radiant Logistics' value examination focuses on studying past and present price action to predict the probability of Radiant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Logistics' price. Additionally, you may evaluate how the addition of Radiant Logistics to your portfolios can decrease your overall portfolio volatility.
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The data published in Radiant Logistics' official financial statements usually reflect Radiant Logistics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Radiant Logistics. For example, before you start analyzing numbers published by Radiant accountants, it's critical to develop an understanding of what Radiant Logistics' liquidity, profitability, and earnings quality are in the context of the Air Freight & Logistics space in which it operates.
Please note, the presentation of Radiant Logistics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Radiant Logistics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Radiant Logistics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Radiant Logistics. Please utilize our Beneish M Score to check the likelihood of Radiant Logistics' management manipulating its earnings.