Investing in Rapid7 Inc. (RPD) is a safe bet with a significant edge

Rapid7 Inc. (NASDAQ: RPD) closed the day trading at $42.07 down -3.35% from the previous closing price of $43.53. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 1209925 shares were traded. RPD stock price reached its highest trading level at $44.29 during the session, while it also had its lowest trading level at $42.04.

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For a better understanding of RPD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90.

Upgrades & Downgrades

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 when Thomas Corey E. sold 41,620 shares for $36.52 per share. The transaction valued at 1,520,158 led to the insider holds 428,074 shares of the business.

Thomas Corey E. sold 41,619 shares of RPD for $1,526,432 on Dec 15. The CEO now owns 428,074 shares after completing the transaction at $36.68 per share. On Dec 14, another insider, Thomas Corey E., who serves as the CEO of the company, sold 41,619 shares for $38.05 each. As a result, the insider received 1,583,403 and left with 428,074 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RPD now has a Market Capitalization of 2.72B and an Enterprise Value of 3.34B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65. Its current Enterprise Value per Revenue stands at 4.70 whereas that against EBITDA is -65.30.

Stock Price History:

Over the past 52 weeks, RPD has reached a high of $74.88, while it has fallen to a 52-week low of $26.49. The 50-Day Moving Average of the stock is 45.17, while the 200-Day Moving Average is calculated to be 43.95.

Shares Statistics:

Over the past 3-months, RPD traded about 1.09M shares per day on average, while over the past 10 days, RPD traded about 1.38M shares per day. A total of 59.89M shares are outstanding, with a floating share count of 58.30M. Insiders hold about 1.50% of the company’s shares, while institutions hold 100.23% stake in the company. Shares short for RPD as of Apr 27, 2023 were 4.67M with a Short Ratio of 4.67M, compared to 4.4M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 7.74% and a Short% of Float of 9.96%.

Earnings Estimates

Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.1, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.25, with high estimates of $0.3 and low estimates of $0.22.

Analysts are recommending an EPS of between $0.89 and $0.83 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $1.21, with 17 analysts recommending between $1.46 and $1.05.

Revenue Estimates

17 analysts predict $188.12M in revenue for the current quarter. It ranges from a high estimate of $188.7M to a low estimate of $187.5M. As of the current estimate, Rapid7 Inc.’s year-ago sales were $167.46M, an estimated increase of 12.30% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $197.34M, an increase of 12.40% over than the figure of $12.30% in the same quarter last year. There is a high estimate of $198.7M for the next quarter, whereas the lowest estimate is $194.2M.

A total of 18 analysts have provided revenue estimates for RPD’s current fiscal year. The highest revenue estimate was $777.1M, while the lowest revenue estimate was $774.05M, resulting in an average revenue estimate of $776.08M. In the same quarter a year ago, actual revenue was $685.08M, up 13.30% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $894.07M in the next fiscal year. The high estimate is $933.6M and the low estimate is $841.75M. The average revenue growth estimate for next year is up 15.20% from the average revenue estimate for this year.