Radiant Logistics Stock Fair Value – RADIANT LOGISTICS Thrives Despite Stormy Q1 FY24
November 30, 2023
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RADIANT LOGISTICS ($NYSEAM:RLGT), a global transportation and logistics company, successfully navigated through a difficult Q1 FY24 period. Despite the global pandemic and other economic difficulties, RADIANT LOGISTICS was able to maintain its growth momentum and increase its customer base. The company provides a wide range of services, including freight forwarding, warehousing, transportation, 3PL, and more. RADIANT LOGISTICS has experience in all aspects of logistics and supply chain management. This expertise has enabled the company to provide superior services to its customers.
The company’s advanced technology solutions and strong customer-centric approach enable it to achieve the highest level of customer satisfaction and service excellence. Furthermore, RADIANT LOGISTICS is committed to corporate social responsibility and sustainability, and has adopted green practices in its operations. Overall, RADIANT LOGISTICS has been able to weather the storm of Q1 FY24 and show strong results. With its expert services and strong customer focus, the company is well-positioned to continue its growth trajectory in the future.
Market Price
Despite a challenging first quarter of fiscal year 24, RADIANT LOGISTICS (NASDAQ: RLGT) has been able to remain stable and thrive. On Wednesday, RADIANT LOGISTICS stock opened at $6.1 and closed at $6.0, representing a 1.2% decrease from its last closing price of 6.0. Despite this slight decline, the company has been able to remain in the black due to its continued focus on cost-cutting and operational efficiency. RADIANT LOGISTICS has implemented several measures to ensure that it maintains a profitable operation in spite of the stormy conditions in the first quarter. These included reducing overhead costs, optimizing routes, and expanding its network of carriers.
Additionally, the company has focused on providing customer-centric solutions to meet the needs of their clients. By providing solutions tailored to individual customer requirements, RADIANT LOGISTICS has been able to deliver quality services that keep their customers satisfied. The company is optimistic that its efforts in streamlining operations and providing quality services to customers will result in continued success in the face of an uncertain economic climate. With a strong balance sheet and experienced management team, RADIANT LOGISTICS is confident that it will emerge stronger and more resilient in the months ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Radiant Logistics. More…
| Total Revenues | Net Income | Net Margin |
| 965.31 | 14.78 | 1.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Radiant Logistics. More…
| Operations | Investing | Financing |
| 79.15 | -12.25 | -53.32 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Radiant Logistics. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 377.83 | 170.69 | 4.36 |
Key Ratios Snapshot
Some of the financial key ratios for Radiant Logistics are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | 1.0% | 2.4% |
| FCF Margin | ROE | ROA |
| 7.3% | 7.0% | 3.8% |
Analysis – Radiant Logistics Stock Fair Value
At GoodWhale, we have analyzed the financials of RADIANT LOGISTICS and have determined their fair value to be around $7.6. This calculation was done through our proprietary Valuation Line, which considers various factors, including historical performance and potential future trends. Currently, RADIANT LOGISTICS shares are trading at $6.0, which is undervalued by 20.9%. This presents an attractive buying opportunity for investors interested in RADIANT LOGISTICS. More…
Peers
The company offers a full range of services, including transportation management, supply chain management, warehousing and distribution, and intermodal services. Radiant Logistics Inc has a strong focus on customer service and offers a wide range of value-added services to its clients. The company has a large network of transportation and logistics facilities across the United States and Canada.
– Titanium Transportation Group Inc ($TSXV:TTR)
Universal Logistics Holdings Inc is a provider of transportation and logistics solutions. The company operates in three segments: truckload, less-than-truckload, and intermodal. It has a network of company-owned and third-party logistics facilities across North America. The company was founded in 2002 and is headquartered in Warren, Michigan.
– Universal Logistics Holdings Inc ($NASDAQ:ULH)
TFI International Inc. is a leading provider of transportation and logistics services in North America. The company’s operations include intermodal, truckload, less-than-truckload, and logistics. TFI International Inc. has a market cap of 10.53B as of 2022, a Return on Equity of 24.37%. The company’s strong financial performance and commitment to shareholder value have helped it to consistently outperform the market.
Summary
The company managed to weather the pandemic storm well despite a sluggish industrial shipping market, thanks to its strong cost control measures and focus on offering value-added services. Furthermore, Radiant Logistics expanded its services across its freight network, including new location expansions, technology investments, and expanded service offerings. With a strong start to FY24, investors should remain optimistic about the company’s overall performance this year.
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