Radiant Logistics, Inc. (RLGT)

NYSEAMERICAN: RLGT · IEX Real-Time Price · USD
5.78
-0.07 (-1.20%)
Feb 3, 2023, 4:00 PM EST - Market closed
-1.2%
Market Cap 279.27M
Revenue (ttm) 1.34B
Net Income (ttm) 39.43M
Shares Out 48.32M
EPS (ttm) 0.78
PE Ratio 7.41
Forward PE 11.68
Dividend n/a
Ex-Dividend Date n/a
Volume 88,017
Open 5.78
Previous Close 5.85
Day's Range 5.76 - 5.90
52-Week Range 4.93 - 8.09
Beta 0.95
Analysts Buy
Price Target 11.48 (+98.62%)
Earnings Date Feb 13, 2023

About RLGT

Radiant Logistics, Inc., a third-party logistics company, provides multi-modal transportation and logistics services primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services. It also provides other value-added supply chain services, including materials management and distribution services, as well as customs house brokerage services. The company serves consumer goods, food a... [Read more]

Sector Industrials
Founded 2001
Employees 656
Stock Exchange NYSEAMERICAN
Ticker Symbol RLGT
Full Company Profile

Financial Performance

In 2021, RLGT's revenue was $889.12 million, an increase of 3.97% compared to the previous year's $855.20 million. Earnings were $22.94 million, an increase of 117.65%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for RLGT stock is "Buy." The 12-month stock price forecast is $11.48, which is an increase of 98.62% from the latest price.

Price Target
$11.48
(98.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

3 months ago - FreightWaves

RADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2022

Record Results of Operation Estimated for First Fiscal Quarter SEC Filings Expected to be Brought Current by Calendar Year End CEO Crain Comments on Restatement Process RENTON, Wash. , Nov. 9, 2022 /P...

3 months ago - PRNewsWire

Radiant Logistics acquires partner Cascade Enterprises of Minnesota

Radiant Logistics announced Wednesday it has acquired Cascade Enterprises of Minnesota Inc., one of its strategic operating partners that has been operating under its Airgroup brand for the past 15 ye...

4 months ago - FreightWaves

Radiant Logistics says late filing tied to restatement of financials

In a Tuesday filing with the Securities and Exchange Commission, Radiant Logistics said its delayed annual 10-K filing is related to the need to restate financial results for periods in fiscal years 2...

4 months ago - FreightWaves

RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER CASCADE ENTERPRISES OF MINNESOTA, INC.

RENTON, Wash. , Oct. 5, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today an...

4 months ago - PRNewsWire

RADIANT RECEIVES NYSE NOTICE REGARDING ITS LATE FORM 10-K FILING

FORM 10-K DELAYED AS RADIANT ANNOUNCES INTENTION TO RESTATE CERTAIN RECENT FINANCIAL STATEMENTS TO CORRECT TIMING ERRORS RENTON, Wash. , Oct. 4, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE Amer...

4 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS

Record Results of Operation Estimated for Fiscal Fourth QuarterAnnual Audited Results Expected Within SEC Permitted Extension Period RENTON, Wash. , Sept. 13, 2022 /PRNewswire/ -- Radiant Logistics, I...

5 months ago - PRNewsWire

3 No-Brainer Stocks Under $10 to Buy for September

There are plenty of stocks under $10 out there, but choosing a good one isn't easy. Investors who survived 2022's bear market rout either are cash rich or hold energy stocks.

Other symbols: CNTYSPWH
5 months ago - InvestorPlace

RADIANT LOGISTICS ANNOUNCES NEW $200M SECURED CREDIT FACILITY

RENTON, Wash. , Aug. 8, 2022  /PRNewswire/ -- Radiant Logistics, Inc. (the "Company") (NYSE American: RLGT) today announced that it has secured a new $200.0 million syndicated secured revolving credit...

6 months ago - PRNewsWire

RADIANT ANNOUNCES REBRAND OF RADIANT CLIPPER TO RADIANT ROAD & RAIL SERVICES

RENTON, Wash. , July 1, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced the rebranding of it...

7 months ago - PRNewsWire

Radiant Logistics: ‘We're still seeing good volumes'

Third-party logistics provider Radiant Logistics reported record results for its fiscal third quarter ended March 31. Management from the company said it's not seeing any material slowdown in demand.

9 months ago - FreightWaves

RADIANT LOGISTICS ANNOUNCES RECORD RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2022

Reports quarterly results with revenues of $460.9 million, up $224.4 million or 94.9%; Net revenues of $84.9 million, up $28.1 million or 49.5%; Net income of $14.3 million, up $9.3 million or 186.0%;...

9 months ago - PRNewsWire

RADIANT LOGISTICS UNIVERSAL SHELF REGISTRATION STATEMENT DECLARED EFFECTIVE BY THE SEC

RENTON, Wash. , May 9, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE-American: RLGT), a third party logistics and multimodal transportation services company, today reported that the Securities an...

9 months ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2022

Call Scheduled for Tuesday, May 10, at 4:30 PM Eastern RENTON, Wash. , May 5, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third party logistics and multi-modal transportation...

9 months ago - PRNewsWire

Radiant Continues Momentum with Recent Accolades in the Logistics Space

RENTON, Wash. , April 28, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, is pleased to announce it has been...

10 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES FILING OF $150 MILLION UNIVERSAL SHELF REGISTRATION

RENTON, Wash. , April 27, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced that it has filed ...

10 months ago - PRNewsWire

RADIANT ON PACE TO DELIVER RECORD RESULTS

CONTINUES ITS COVID RELIEF EFFORTS ANNOUNCES NEW EMPLOYEE INDUCEMENT AWARDS IN CONNECTION WITH RECENT NAVEGATE ACQUISITION RENTON, Wash. , April 6, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE A...

10 months ago - PRNewsWire

Radiant Logistics Expands Humanitarian Aid and Disaster Relief Efforts in Response to Crisis in Ukraine

RENTON, Wash. , March 28, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced the expansion of i...

11 months ago - PRNewsWire

Radiant Logistics Named One of America's Most Trusted Companies by Newsweek

RENTON, Wash. , March 24, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced it has been named ...

11 months ago - PRNewsWire

RADIANT LOGISTICS ANNOUNCES RENEWAL OF ITS STOCK REPURCHASE PROGRAM

RENTON, Wa., Feb. 22, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced that its board of dire...

1 year ago - PRNewsWire

Radiant Logistics chats value creation on earnings call

Management from Radiant Logistics fielded questions from analysts and investors most concerned with the company's low valuation on a Monday call after the market closed. The stock has been largely ran...

1 year ago - FreightWaves

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE SECOND FISCAL QUARTER ENDED DECEMBER 31, 2021

RENTON, Wash., Feb. 14, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today reported financial results for...

1 year ago - PRNewsWire

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2021

RENTON, Wash. , Feb. 8, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third party logistics and multi-modal transportation services company, will host a conference call on Mond...

1 year ago - PRNewsWire

Radiant Logistics Acquires Navegate For $35M

Radiant Logistics Inc (NYSE: RLGT) has acquired Minnesota-based, privately held company Navegate, Inc., for $35 million. Navegate manages international, cross border, and domestic freight from purchas...

1 year ago - Benzinga

Radiant Logistics adds global freight platform Navegate in $35M deal

Third-party logistics provider Radiant Logistics announced Monday the acquisition of global freight management platform Navegate for $35 million. Headquartered near Minneapolis-St. Paul, Navegate prov...

1 year ago - FreightWaves