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The closing price of Rush Street Interactive Inc (NYSE: RSI) was $6.27 for the day, up 3.47% from the previous closing price of $6.06. In other words, the price has increased by $3.47 from its previous closing price. On the day, 1.15 million shares were traded. RSI stock price reached its highest trading level at $6.3 during the session, while it also had its lowest trading level at $6.0601.
Ratios:
Our analysis of RSI’s different ratios will help us gain a deeper understanding of the company. 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 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 the company, Craig Hallum on April 19, 2024, Upgraded its rating to Buy and sets its target price to $8 from $7 previously.
Susquehanna Downgraded its Positive to Neutral on March 04, 2024, whereas the target price for the stock was revised from $5 to $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 19 ’24 when SCHWARTZ RICHARD TODD sold 23,737 shares for $6.11 per share. The transaction valued at 145,138 led to the insider holds 2,062,997 shares of the business.
Sauers Kyle sold 15,983 shares of RSI for $97,726 on Apr 19 ’24. The Chief Financial Officer now owns 550,174 shares after completing the transaction at $6.11 per share. On Apr 19 ’24, another insider, STETZ MATTIAS, who serves as the Chief Operating Officer of the company, sold 5,001 shares for $6.11 each. As a result, the insider received 30,578 and left with 606,730 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, RSI now has a Market Capitalization of 1351210112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 8.44.
Stock Price History:
The Beta on a monthly basis for RSI is 1.60, which has changed by 0.9968153 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, RSI has reached a high of $7.31, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is 2.15%, while the 200-Day Moving Average is calculated to be 30.35%.
Shares Statistics:
RSI traded an average of 1.20M shares per day over the past three months and 928590 shares per day over the past ten days. A total of 72.39M shares are outstanding, with a floating share count of 69.54M. Insiders hold about 9.14% of the company’s shares, while institutions hold 70.81% stake in the company. Shares short for RSI as of 1713139200 were 2093379 with a Short Ratio of 1.74, compared to 1710460800 on 2188282. Therefore, it implies a Short% of Shares Outstanding of 2093379 and a Short% of Float of 2.8299998.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 6.0 analysts currently analyzing and rating the stock of Rush Street Interactive Inc (RSI).On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of $0.0 and a low estimate of -$0.06, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.01 and low estimates of -$0.12.
Analysts are recommending an EPS of between $0.05 and -$0.02 for the fiscal current year, implying an average EPS of $0.02. EPS for the following year is $0.23, with 6.0 analysts recommending between $0.44 and $0.06.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $214.08M to a low estimate of $188.11M. As of the current estimate, Rush Street Interactive Inc’s year-ago sales were $162.36MFor the next quarter, 9 analysts are estimating revenue of $190.2M. There is a high estimate of $196M for the next quarter, whereas the lowest estimate is $178.04M.
A total of 9 analysts have provided revenue estimates for RSI’s current fiscal year. The highest revenue estimate was $816.5M, while the lowest revenue estimate was $774.1M, resulting in an average revenue estimate of $798.02M. In the same quarter a year ago, actual revenue was $691.16MBased on 9 analysts’ estimates, the company’s revenue will be $881.94M in the next fiscal year. The high estimate is $924.5M and the low estimate is $830.32M.
