Radiant Logistics, Inc. (RLGT)

NYSEAMERICAN: RLGT · IEX Real-Time Price · USD
5.69
-0.09 (-1.56%)
Feb 26, 2024, 4:00 PM EST - Market closed
-1.56%
Market Cap 266.99M
Revenue (ttm) 888.28M
Net Income (ttm) 10.93M
Shares Out 46.92M
EPS (ttm) 0.22
PE Ratio 25.86
Forward PE 11.74
Dividend n/a
Ex-Dividend Date n/a
Volume 119,067
Open 5.74
Previous Close 5.78
Day's Range 5.66 - 5.77
52-Week Range 5.20 - 7.76
Beta 0.85
Analysts Strong Buy
Price Target 10.50 (+84.53%)
Earnings Date Feb 8, 2024

About RLGT

Radiant Logistics, Inc., a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services. It also provides logistics and supply chain services, including MM&D, CHB, and GTM services, as well as heavyweight and small package air services. In addition, the company offers air network service... [Read more]

Sector Industrials
Founded 2001
Employees 872
Stock Exchange NYSEAMERICAN
Ticker Symbol RLGT
Full Company Profile

Financial Performance

In 2023, RLGT's revenue was $1.09 billion, a decrease of -25.62% compared to the previous year's $1.46 billion. Earnings were $20.60 million, a decrease of -53.68%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RLGT stock is "Strong Buy." The 12-month stock price forecast is $10.5, which is an increase of 84.53% from the latest price.

Price Target
$10.5
(84.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

RADIANT LOGISTICS ANNOUNCES FURTHER EXPANSION OF ITS SERVICE BY AIR NETWORK WITH NEW OPERATIONS IN SAN ANTONIO, TEXAS

RENTON, Wash. , Feb. 12, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today announced the ...

14 days ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE SECOND FISCAL QUARTER ENDED DECEMBER 31, 2023

Continues to deliver solid financial results in face of continued market headwinds; Generated $12.1 million in cash from operations; Debt free and well positioned for further growth RENTON, Wash. , Fe...

18 days ago - PRNewsWire

RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER COMPANIES SELECT LOGISTICS, INC. AND SELECT CARTAGE, INC.

Strengthens Company's Cruise Logistics Service Offering in South Florida RENTON, Wash. , Feb. 7, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-en...

19 days ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2023

Call Scheduled for Thursday, February 8, at 4:30 PM Eastern RENTON, Wash. , Feb. 1, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and v...

25 days ago - PRNewsWire

RADIANT LOGISTICS PROMOTES JAIME BECKER TO GENERAL COUNSEL

RENTON, Wash. , Jan. 9, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, recently announced th...

7 weeks ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES RENEWAL OF ITS STOCK REPURCHASE PROGRAM

RENTON, Wash. , Dec. 5, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today announced that ...

2 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2023

Continues to deliver solid financial results in face of continued market headwinds;Generated $7.9 million in cash from operations;Debt free and well positioned for further growth RENTON, Wash. , Nov. ...

3 months ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2023

Call Scheduled for Thursday, November 9, at 4:30 PM Eastern RENTON, Wash. , Nov. 2, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and v...

4 months ago - PRNewsWire

RADIANT ROAD & RAIL NAMED A "TOP FOOD CHAIN PROVIDER" FOR 2023

WOODRIDGE, Ill. , Oct. 18, 2023 /PRNewswire/ -- Radiant Road & Rail, a subsidiary of third-party logistics and multimodal transportation services company Radiant Logistics, Inc. (NYSE American: RLGT),...

4 months ago - PRNewsWire

RADIANT LOGISTICS ACQUIRES OPERATIONS OF STRATEGIC OPERATING PARTNER DALERAY CORPORATION

RENTON, Wash. , Oct. 2, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today an...

5 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FOURTH FISCAL QUARTER AND YEAR ENDED JUNE 30, 2023

Company successfully navigates the slower freight environment. Generated a record $97.9 million in cash from operations for FYE June 30, 2023; Debt free and well positioned for future growth.

5 months ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR FOURTH FISCAL QUARTER AN YEAR ENDED JUNE 30, 2023

Call Scheduled for Wednesday, September 13, at 4:30 PM Eastern RENTON, Wash. , Sept. 6, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation a...

6 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES GROWTH INITIATIVE OPENING NEW BROKERAGE OPERATION IN OVERLAND PARK, KANSAS

Accelerates Growth in its Bi-Modal Brokerage Platform at Radiant Road and Rail RENTON, Wash. , Aug. 16, 2023 /PRNewswire/ --  Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global...

6 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES THE OPENING OF A NEW COMPANY-OWNED OPERATING LOCATION IN KANSAS CITY, MISSOURI

Delivering Specialized First and Final Mile Control Tower Solutions Across North America RENTON, Wash. , Aug. 14, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabl...

7 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES FURTHER EXPANSION OF SERVICE BY AIR NETWORK WITH NEW OPERATIONS IN BOSTON, MASSACHUSETTS

RENTON, Wash. , June 1, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today announced the c...

9 months ago - PRNewsWire

Radiant pushes value creation for shareholders as freight market bottoms

As the freight market searches for a bottom, management from Radiant Logistics expressed optimism around future prospects Wednesday, noting the company has never been in better financial shape. Radian...

10 months ago - FreightWaves

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2023

Results impacted by macro-economic trends in transportation industry  but show improvement over comparable pre-pandemic period RENTON, Wash. , May 10, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYS...

10 months ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2023

Call Scheduled for Wednesday, May 10, at 4:30 PM Eastern RENTON, Wash. , May 3, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value...

10 months ago - PRNewsWire

Radiant Logistics completes restatement of financials

Radiant Logistics announced on Monday full quarterly results for the first time since May 2022. The Renton, Washington-based 3PL has been mired in a financial restatement process tied to revenue and e...

1 year ago - FreightWaves

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2022, AND SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022

Brings Its Filings Current with the SEC;  Continues Trend with Strong Results through the Six Months Ended December 31, 2022 RENTON, Wash. , March 27, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYS...

1 year ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO PROVIDE A GENERAL BUSINESS UPDATE AND DISCUSS FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2022 AND QUARTERS ENDED SEPTEMBER 30, 2022 AND DECEMBER 31, 2022

Call Scheduled for Monday, March 27, at 4:30 PM Eastern BELLEVUE, Wash. , March 22, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and v...

1 year ago - PRNewsWire

RADIANT LOGISTICS COMPLETES RESTATEMENT; FILES COMPREHENSIVE ANNUAL REPORT ON FORM 10-K

CONFIRMS RECORD RESULTS FOR FISCAL YEAR ENDED JUNE 30, 2022 RENTON, Wash. , Feb. 27, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and ...

1 year ago - PRNewsWire

Radiant delays filing again; no date given for restatement of financials

Radiant Logistics announced Thursday it has once again delayed financial reporting as it continues the process of restating prior results. The issues stem from inaccurate timing of revenue recognition...

1 year ago - FreightWaves

RADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022

CEO Crain Comments on Restatement Process RENTON, Wash. , Feb. 9, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading technology-enabled global transportation and logistics s...

1 year ago - PRNewsWire

Radiant pushes back financial filing again, provides preliminary FQ1 numbers

Radiant Logistics announced it has pushed back another financial filing. The company submitted a late-filing notice with the Securities and Exchange Commission for its fiscal first quarter ended Sept.

1 year ago - FreightWaves