Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Rush Street Interactive Inc (NYSE: RSI) closed at $8.99 in the last session, down -0.55% from day before closing price of $9.04. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.21 million shares were traded. RSI stock price reached its highest trading level at $9.18 during the session, while it also had its lowest trading level at $8.87.
Ratios:
We take a closer look at RSI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on May 17, 2024, Reiterated its Buy rating but revised its target price to $10 from $9 previously.
On April 19, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $7 to $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when GOLD JUDITH bought 150,000 shares for $9.50 per share.
GOLD JUDITH sold 150,000 shares of RSI for $1,425,000 on Aug 09 ’24. The Director now owns 0 shares after completing the transaction at $9.50 per share. On Aug 08 ’24, another insider, WIERBICKI PAUL, who serves as the Officer of the company, bought 20,437 shares for $9.53 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSI now has a Market Capitalization of 2038635392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 11.41.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $11.59, while it has fallen to a 52-week low of $3.17. The 50-Day Moving Average of the stock is -4.91%, while the 200-Day Moving Average is calculated to be 37.35%.
Shares Statistics:
According to the various share statistics, RSI traded on average about 1.99M shares per day over the past 3-months and 2430600 shares per day over the past 10 days. A total of 72.39M shares are outstanding, with a floating share count of 71.46M. Insiders hold about 10.32% of the company’s shares, while institutions hold 78.04% stake in the company. Shares short for RSI as of 1721001600 were 6548109 with a Short Ratio of 3.01, compared to 1718323200 on 4558510. Therefore, it implies a Short% of Shares Outstanding of 6548109 and a Short% of Float of 8.59.
Earnings Estimates
The market rating of Rush Street Interactive Inc (RSI) is currently shaped by the ongoing analysis conducted by 6.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.15 and $0.1 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.31, with 6.0 analysts recommending between $0.54 and $0.18.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $205.94M. It ranges from a high estimate of $214.2M to a low estimate of $197.91M. As of the current estimate, Rush Street Interactive Inc’s year-ago sales were $nanFor the next quarter, 8 analysts are estimating revenue of $234.69M. There is a high estimate of $240.4M for the next quarter, whereas the lowest estimate is $224.77M.
A total of 8 analysts have provided revenue estimates for RSI’s current fiscal year. The highest revenue estimate was $886.73M, while the lowest revenue estimate was $860.49M, resulting in an average revenue estimate of $878.34M. In the same quarter a year ago, actual revenue was $691.16MBased on 8 analysts’ estimates, the company’s revenue will be $978.27M in the next fiscal year. The high estimate is $1.01B and the low estimate is $925.3M.
