How to Buy Radiant Logistics Stock
Radiant Logistics Inc
Radiant Logistics, Inc. provides multi-modal transportation and logistics services primarily in the United States and Canada.
Radiant Logistics stock last closed at $5.13, up 1.79% from the previous day, and has decreased 18.31% in one year. It has underperformed other stocks in the Integrated Freight & Logistics industry by 0.11 percentage points. Radiant Logistics stock is currently +5.88% from its 52-week low of $4.85, and -33.89% from its 52-week high of $7.76.
At the moment, there are 46.92M RLGT shares outstanding. The market capitalization of RLGT is $240.72M. In the past 24 hours, 119,207 RLGT shares were traded.
How to Buy Radiant Logistics Stock
Wondering how to invest in Radiant Logistics stock? Here's how.
- Figure out where to buy Radiant Logistics stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Radiant Logistics stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your information.
- Analyze Radiant Logistics stock: The Radiant Logistics ticker symbol is RLGT. Is Radiant Logistics stock a good investment? Should you buy shares of RLGT? How do RLGT's underlying business fundamentals look? Do top analysts think Radiant Logistics is a good buy? Why has RLGT's stock price moved recently? (Hint: Our stock market analysis website can help you understand if RLGT is a good stock to buy).
- Execute your RLGT buy order: Decide if you will purchase RLGT shares at the current market price or use a limit order to buy RLGT stock at a given price.
- Get the latest scoop on your RLGT position: Create a watchlist to track your position in Radiant Logistics stock.
Step 1: Figure out where to buy Radiant Logistics stock
You will need a brokerage account in order to access the NYSEMKT market and buy RLGT stock.
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to buy RLGT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on stock market apps, you need to deposit funds:
Watch this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Analyze Radiant Logistics stock
Once you have figured out the best place to buy Radiant Logistics stock, it's very important to analyze their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Radiant Logistics stock quick numbers
RLGT Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on RLGT's stock page.
Is RLGT stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge RLGT's true value.
Using relative valuations metrics:
- RLGT could be overvalued based on its P/E ratio of 21.38x, relative to Integrated Freight & Logistics industry P/E ratio of 18.59x
- RLGT could be undervalued based on its P/B ratio of 1.16x, relative to Integrated Freight & Logistics industry P/B ratio of 4.01x
- RLGT could be overvalued based on its PEG ratio of 16.7x
You can do additional valuation research on RLGT's stock here.
RLGT Financial Health Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the RLGT balance sheet.
- RLGT's operating cash flow of $44.44M allows it to safely service it's debt of $59.77M.
- There are more short-term assets than short-term liabilities on the RLGT balance sheet.
- Total RLGT debt is lower than 5 years ago, relative to shareholder equity.
- RLGT earnings of $16.74M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- RLGT has a relatively high debt to equity ratio of 0.75.
- RLGT profit margin has gone down from 3% to 1.2% in the past year.
RLGT Technicals
Is RLGT Making Money?
Last year, RLGT earnings were $10.93M. Over the last 5 year, RLGT's earnings have grown by 1.76% per year. This was slower than the Integrated Freight & Logistics industry average of 6.97%.
Last year, RLGT revenue was $888.28M. In the past five year, RLGT's revenue has grown by -0.65% per year. This was slower than the Integrated Freight & Logistics industry average of 5.8%.
Learn more about RLGT's earnings and revenue performance here.
What are RLGT insiders up to?
In the last year, executives and large shareholders at RLGT have bought more shares than they have sold.
Arnold Goldstein, Chief Commercial Officer of RLGT, was the latest RLGT insider to sell. They sold $68,594.12 worth of RLGT shares on Mar 20, 2024.
Get more info about who owns RLGT shares here.
Can I rely on RLGT as an income stream?
No, Radiant Logistics doesn't provide an income stream by paying out dividends.
What others are saying about RLGT
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your RLGT buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your RLGT position
Now that you own some RLGT shares, you'll want to keep up with your new investment.
Start a watchlist to get the latest updates about your RLGT stock.
RLGT Feed
How to Buy Stock in Radiant Logistics
To reiterate, here are the 6 steps to buy Radiant Logistics stock:
- Figure out where to buy Radiant Logistics stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Radiant Logistics stock
- Execute your RLGT buy order
- Get the latest scoop on your RLGT position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Radiant Logistics, create a watchlist on WallStreetZen today.
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