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
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.
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.
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%.
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.
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.