In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Rocket Companies Inc (NYSE: RKT) closed at $15.2 up 1.06% from its previous closing price of $15.04. In other words, the price has increased by $1.06 from its previous closing price. On the day, 16.7 million shares were traded. RKT stock price reached its highest trading level at $15.625 during the session, while it also had its lowest trading level at $15.02.
Ratios:
For a deeper understanding of Rocket Companies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.35. In the meantime, Its Debt-to-Equity ratio is 25.35 whereas as Long-Term Debt/Eq ratio is at 19.73.
On April 02, 2025, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $14.
Deutsche Bank Upgraded its Hold to Buy on April 02, 2025, while the target price for the stock was maintained at $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RKT now has a Market Capitalization of 32082489344 and an Enterprise Value of 23409516544. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.67 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 4.606 whereas that against EBITDA is 30.443.
Stock Price History:
The Beta on a monthly basis for RKT is 2.29, which has changed by -0.061148882 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, RKT has reached a high of $20.23, while it has fallen to a 52-week low of $9.52. The 50-Day Moving Average of the stock is 10.27%, while the 200-Day Moving Average is calculated to be 15.63%.
Shares Statistics:
For the past three months, RKT has traded an average of 15.60M shares per day and 26434440 over the past ten days. A total of 150.15M shares are outstanding, with a floating share count of 143.96M. Insiders hold about 4.89% of the company’s shares, while institutions hold 106.34% stake in the company. Shares short for RKT as of 1752537600 were 81106160 with a Short Ratio of 5.20, compared to 1749772800 on 65471024. Therefore, it implies a Short% of Shares Outstanding of 81106160 and a Short% of Float of 32.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of Rocket Companies Inc (RKT) in the stock market is under the watchful eye of 11.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.1, with high estimates of $0.12 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.33 and $0.2 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.76, with 12.0 analysts recommending between $1.02 and $0.62.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $1.28B this quarter.It ranges from a high estimate of $1.31B to a low estimate of $1.23B. As of the current estimate, Rocket Companies Inc’s year-ago sales were $1.23BFor the next quarter, 3 analysts are estimating revenue of $1.44B. There is a high estimate of $1.49B for the next quarter, whereas the lowest estimate is $1.4B.
A total of 4 analysts have provided revenue estimates for RKT’s current fiscal year. The highest revenue estimate was $5.58B, while the lowest revenue estimate was $5.13B, resulting in an average revenue estimate of $5.38B. In the same quarter a year ago, actual revenue was $4.9BBased on 4 analysts’ estimates, the company’s revenue will be $7.11B in the next fiscal year. The high estimate is $8.96B and the low estimate is $6.05B.
