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After finishing at $39.81 in the prior trading day, Rapid7 Inc (NASDAQ: RPD) closed at $39.61, down -0.50%. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 0.54 million shares were traded. RPD stock price reached its highest trading level at $40.165 during the session, while it also had its lowest trading level at $38.8.
Ratios:
Our goal is to gain a better understanding of RPD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09.
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, Jefferies on October 16, 2024, initiated with a Buy rating and assigned the stock a target price of $50.
Canaccord Genuity Upgraded its Hold to Buy on August 07, 2024, whereas the target price for the stock was revised from $52 to $43.
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 Jan 02 ’25 when Thomas Corey E. sold 50,000 shares for $39.93 per share. The transaction valued at 1,996,576 led to the insider holds 431,469 shares of the business.
COREY THOMAS bought 150,000 shares of RPD for $6,034,500 on Jan 02 ’25. On Nov 15 ’24, another insider, Sondhi Reeny, who serves as the Director of the company, sold 3,663 shares for $40.75 each. As a result, the insider received 149,267 and left with 13,797 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 2503613440 and an Enterprise Value of 3081502464. As of this moment, Rapid7’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.39, and their Forward P/E ratio for the next fiscal year is 17.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01. Its current Enterprise Value per Revenue stands at 3.699 whereas that against EBITDA is 34.308.
Stock Price History:
Over the past 52 weeks, RPD has reached a high of $61.88, while it has fallen to a 52-week low of $32.94. The 50-Day Moving Average of the stock is -3.20%, while the 200-Day Moving Average is calculated to be -1.33%.
Shares Statistics:
The stock has traded on average 740.24K shares per day over the past 3-months and 638040 shares per day over the last 10 days, according to various share statistics. A total of 63.18M shares are outstanding, with a floating share count of 60.85M. Insiders hold about 3.73% of the company’s shares, while institutions hold 98.30% stake in the company. Shares short for RPD as of 1734048000 were 2961088 with a Short Ratio of 4.00, compared to 1731628800 on 3329121. Therefore, it implies a Short% of Shares Outstanding of 2961088 and a Short% of Float of 6.0399998.
