As of close of business last night, Rush Street Interactive Inc’s stock clocked out at $6.54, down -2.24% from its previous closing price of $6.69. On the day, 966557 shares were traded.
Ratios:
To gain a deeper understanding of RSI’s stock, we examine its different ratios. 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.
On March 04, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive and also upped its target price recommendation from $5 to $6.
Susquehanna Upgraded its Neutral to Positive on April 06, 2023, whereas the target price for the stock was revised from $7 to $4.25.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 02 ’24 when SCHWARTZ RICHARD TODD sold 106,439 shares for $6.67 per share. The transaction valued at 709,937 led to the insider holds 2,048,179 shares of the business.
SCHWARTZ RICHARD TODD sold 101,951 shares of RSI for $691,126 on Apr 01 ’24. The Chief Executive Officer now owns 2,154,618 shares after completing the transaction at $6.78 per share. On Mar 27 ’24, another insider, STETZ MATTIAS, who serves as the Chief Operating Officer of the company, sold 88,431 shares for $6.42 each. As a result, the insider received 567,948 and left with 603,614 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 8.80.
Stock Price History:
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.
Shares Statistics:
A total of 72.39M shares are outstanding, with a floating share count of 69.59M. Insiders hold about 9.08% of the company’s shares, while institutions hold 72.07% stake in the company.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of $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 analysts recommending between $0.44 and $0.06.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $196.88M. 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 $162.36M, an estimated increase of 21.30% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $190.2M, an increase of 20.70% less than the figure of $21.30% in the same quarter last year. 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 $691.16M, up 15.50% from the average estimate. Based 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. The average revenue growth estimate for next year is up 10.50% from the average revenue estimate for this year.
