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After finishing at $0.35 in the prior trading day, Rubicon Technologies Inc (NYSE: RBT) closed at $0.35, down -2.23%. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 1.33 million shares were traded. RBT stock price reached its highest trading level at $0.3879 during the session, while it also had its lowest trading level at $0.342.
Ratios:
Our goal is to gain a better understanding of RBT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70.
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, Cantor Fitzgerald on September 30, 2022, initiated with a Overweight rating and assigned the stock a target price of $5.
On September 19, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.
On September 09, 2022, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $10.Canaccord Genuity initiated its Buy rating on September 09, 2022, with a $10 target price.
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 Apr 24 ’24 when Palantir Technologies Inc. sold 18,621 shares for $0.37 per share. The transaction valued at 6,972 led to the insider holds 5,233,625 shares of the business.
Palantir Technologies Inc. sold 18,471 shares of RBT for $6,792 on Apr 23 ’24. The Former 10% Owner now owns 5,252,246 shares after completing the transaction at $0.37 per share. On Apr 22 ’24, another insider, Palantir Technologies Inc., who serves as the Former 10% Owner of the company, sold 3,200 shares for $0.34 each. As a result, the insider received 1,089 and left with 5,270,717 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, RBT now has a Market Capitalization of 20163804 and an Enterprise Value of 296745664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.425 whereas that against EBITDA is -6.571.
Stock Price History:
Over the past 52 weeks, RBT has reached a high of $13.84, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is -30.65%, while the 200-Day Moving Average is calculated to be -84.68%.
Shares Statistics:
The stock has traded on average 427.21K shares per day over the past 3-months and 389550 shares per day over the last 10 days, according to various share statistics. A total of 39.64M shares are outstanding, with a floating share count of 26.27M. Insiders hold about 49.86% of the company’s shares, while institutions hold 11.15% stake in the company. Shares short for RBT as of 1713139200 were 451296 with a Short Ratio of 1.06, compared to 1710460800 on 693574. Therefore, it implies a Short% of Shares Outstanding of 451296 and a Short% of Float of 0.9299999999999999.
Earnings Estimates
Rubicon Technologies Inc (RBT) is presently subject to a detailed evaluation by 1.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of -$0.33 for the current quarter, with a high estimate of -$0.33 and a low estimate of -$0.33, while EPS last year was -$0.4. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.21 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.78 and -$0.78 for the fiscal current year, implying an average EPS of -$0.78. EPS for the following year is -$0.15, with 1.0 analysts recommending between -$0.15 and -$0.15.
Revenue Estimates
1 analysts predict $182.3M in revenue for the current quarter. It ranges from a high estimate of $182.3M to a low estimate of $182.3M. As of the current estimate, Rubicon Technologies Inc’s year-ago sales were $181.1MFor the next quarter, 1 analysts are estimating revenue of $183.1M. There is a high estimate of $183.1M for the next quarter, whereas the lowest estimate is $183.1M.
A total of 1 analysts have provided revenue estimates for RBT’s current fiscal year. The highest revenue estimate was $733.4M, while the lowest revenue estimate was $733.4M, resulting in an average revenue estimate of $733.4M. In the same quarter a year ago, actual revenue was $697.58MBased on 1 analysts’ estimates, the company’s revenue will be $806.4M in the next fiscal year. The high estimate is $806.4M and the low estimate is $806.4M.
