RLGT Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Radiant Logistics Inc (RLGT) is not a strong buy for a beginner, long-term investor at this moment. While the stock has some positive aspects, such as bullish moving averages and favorable analyst ratings, the company's declining revenue and net income, coupled with neutral insider and hedge fund activity, suggest a cautious approach. The lack of significant trading signals and mixed catalysts further support a 'hold' recommendation.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200) and a positive MACD histogram of 0.115. RSI is neutral at 57.95, indicating no overbought or oversold conditions. Key support is at 6.799, and resistance is at 8.197. The stock is trading at 7.61 in pre-market, above the pivot level of 7.498, which is slightly positive but not a strong signal.
Analysts have raised price targets recently, with Lake Street increasing to $9 and TD Cowen to $8.50, both maintaining Buy ratings.
The company is positioned to potentially double EBITDA through strategic M&A and share buybacks.
Gross margin improved by 17.11% YoY to 25.8%.
Revenue declined by 12.25% YoY, and net income dropped by 17.97% YoY in Q2 2026, indicating pressure on profitability.
No significant insider or hedge fund activity, suggesting neutral sentiment from key stakeholders.
The stock's historical trend shows limited short-term upside potential, with only a 2.23% chance of increase in the next month.
In Q2 2026, Radiant Logistics reported a revenue decline of 12.25% YoY to $232.13 million and a net income drop of 17.97% YoY to $5.31 million. EPS fell by 15.38% YoY to $0.11. However, gross margin improved by 17.11% YoY to 25.8%, indicating some operational efficiency gains.
Analysts are positive on RLGT, with Lake Street raising the price target to $9 and TD Cowen to $8.50, both maintaining Buy ratings. Analysts highlight strong EBITDA performance and potential growth through M&A and share buybacks.
