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In the latest session, Rush Street Interactive Inc (NYSE: RSI) closed at $8.34 down -0.48% from its previous closing price of $8.38. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 1.53 million shares were traded. RSI stock price reached its highest trading level at $8.495 during the session, while it also had its lowest trading level at $8.24.
Ratios:
For a deeper understanding of Rush Street Interactive Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1877025536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 10.91.
Stock Price History:
The Beta on a monthly basis for RSI is 1.61, which has changed by 1.63522 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, RSI has reached a high of $8.50, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is 30.84%, while the 200-Day Moving Average is calculated to be 68.75%.
Shares Statistics:
For the past three months, RSI has traded an average of 1.43M shares per day and 2126190 over the past ten days. A total of 72.39M shares are outstanding, with a floating share count of 72.28M. Insiders hold about 9.14% of the company’s shares, while institutions hold 68.11% stake in the company. Shares short for RSI as of 1713139200 were 2093379 with a Short Ratio of 1.47, compared to 1710460800 on 2188282. Therefore, it implies a Short% of Shares Outstanding of 2093379 and a Short% of Float of 2.78.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Rush Street Interactive Inc (RSI) in the stock market.On average, analysts expect EPS of $0.0 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.05, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.0, with high estimates of $0.01 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.09 and $0.03 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.3, with 6.0 analysts recommending between $0.67 and $0.1.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $196.77M this quarter.It ranges from a high estimate of $207.3M to a low estimate of $192.35M. As of the current estimate, Rush Street Interactive Inc’s year-ago sales were $157.63MFor the next quarter, 9 analysts are estimating revenue of $197.46M. There is a high estimate of $206.04M for the next quarter, whereas the lowest estimate is $188M.
A total of 9 analysts have provided revenue estimates for RSI’s current fiscal year. The highest revenue estimate was $852.3M, while the lowest revenue estimate was $799.7M, resulting in an average revenue estimate of $831.18M. In the same quarter a year ago, actual revenue was $691.16MBased on 9 analysts’ estimates, the company’s revenue will be $928.03M in the next fiscal year. The high estimate is $990.35M and the low estimate is $855.73M.
