Kelt Exploration Ltd. (KEL) EPS Estimated At $0.04; Radiant Logistics (RLGT) Has 0.98 Sentiment

April 17, 2018 - By Henry Gaston

Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) Logo

Radiant Logistics Inc (RLGT) investors sentiment decreased to 0.98 in Q4 2017. It’s down -0.05, from 1.03 in 2017Q3. The ratio dived, as 39 hedge funds started new or increased holdings, while 40 sold and decreased equity positions in Radiant Logistics Inc. The hedge funds in our database now hold: 17.65 million shares, up from 17.29 million shares in 2017Q3. Also, the number of hedge funds holding Radiant Logistics Inc in top ten holdings was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 28 Increased: 25 New Position: 14.

Analysts expect Kelt Exploration Ltd. (TSE:KEL) to report $0.04 EPS on May, 9.They anticipate $0.05 EPS change or 500.00% from last quarter’s $-0.01 EPS. T_KEL’s profit would be $7.21M giving it 48.81 P/E if the $0.04 EPS is correct. After having $-0.03 EPS previously, Kelt Exploration Ltd.’s analysts see -233.33% EPS growth. The stock increased 1.43% or $0.11 during the last trading session, reaching $7.81. About 556,675 shares traded. Kelt Exploration Ltd. (TSE:KEL) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Radiant Logistics, Inc. operates as a third-party logistics and multi-modal transportation services firm primarily in the United States and Canada. The company has market cap of $197.37 million. The firm offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services. It has a 65.57 P/E ratio. It also provides other value-added logistics services, such as customs brokerage, order fulfillment, inventory management, and warehousing services, as well as distribution solutions.

The stock increased 0.76% or $0.03 during the last trading session, reaching $4. About 43,250 shares traded. Radiant Logistics, Inc. (RLGT) has declined 21.98% since April 17, 2017 and is downtrending. It has underperformed by 33.53% the S&P500.

Analysts await Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) to report earnings on May, 9. They expect $0.04 EPS, down 42.86% or $0.03 from last year’s $0.07 per share. RLGT’s profit will be $1.97M for 25.00 P/E if the $0.04 EPS becomes a reality. After $0.07 actual EPS reported by Radiant Logistics, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.

Laurel Grove Capital Llc holds 0.9% of its portfolio in Radiant Logistics, Inc. for 378,610 shares. Perritt Capital Management Inc owns 645,591 shares or 0.83% of their US portfolio. Moreover, Menta Capital Llc has 0.3% invested in the company for 336,966 shares. The Illinois-based Ativo Capital Management Llc has invested 0.21% in the stock. Nantahala Capital Management Llc, a Connecticut-based fund reported 525,300 shares.

Among 6 analysts covering Kelt Exploration Ltd. (TSE:KEL), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kelt Exploration Ltd. had 53 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 19 by Scotia Capital. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, August 11. The stock of Kelt Exploration Ltd. (TSE:KEL) has “Outperform” rating given on Friday, November 11 by Scotia Capital. The rating was downgraded by IBC on Wednesday, October 28 to “Sector Performer”. Desjardins Securities maintained the stock with “” rating in Tuesday, June 28 report. The rating was maintained by Raymond James with “” on Monday, June 6. The firm earned “Outperform” rating on Thursday, January 19 by RBC Capital Markets. The company was maintained on Thursday, January 19 by Raymond James. The rating was maintained by TD Securities with “Action List Buy” on Friday, November 11. The rating was maintained by IBC with “Outperform” on Tuesday, August 11.

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas and crude oil resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company has market cap of $1.41 billion. As of December 31, 2016, the firm owned interests in approximately 856,754 net acres of developed and undeveloped land. It currently has negative earnings. It also had proved developed producing reserves of 34.5 million barrels of oil equivalent ; total proved reserves of 108.2 million BOE; and total proved plus probable reserves of 194.1 million BOE.

Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) Institutional Positions Chart

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