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Rocket Companies Inc (NYSE: RKT) closed the day trading at $11.92 down -5.55% from the previous closing price of $12.62. In other words, the price has decreased by -$5.55 from its previous closing price. On the day, 10.26 million shares were traded.
Ratios:
For a better understanding of RKT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 19.89 whereas as Long-Term Debt/Eq ratio is at 15.19.
On April 02, 2025, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $14.
Deutsche Bank Upgraded its Hold to Buy on April 02, 2025, while the target price for the stock was maintained at $16.
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 Jun 28 ’24 when Rizik Matthew bought 318 shares for $13.79 per share. The transaction valued at 4,385 led to the insider holds 707,528 shares of the business.
Rizik Matthew bought 316 shares of RKT for $4,361 on Jun 27 ’24. The Director now owns 707,210 shares after completing the transaction at $13.80 per share. On Jun 24 ’24, another insider, Rizik Matthew, who serves as the Director of the company, bought 310 shares for $14.01 each. As a result, the insider paid 4,343 and bolstered with 706,418 shares of the company.
Valuation Measures:
As of this moment, Rocket’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.83, and their Forward P/E ratio for the next fiscal year is 15.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.11 while its Price-to-Book (P/B) ratio in mrq is 2.48.
Stock Price History:
Over the past 52 weeks, RKT has reached a high of $20.23, while it has fallen to a 52-week low of $9.52. The 50-Day Moving Average of the stock is -9.24%, while the 200-Day Moving Average is calculated to be -16.38%.
Shares Statistics:
A total of 146.03M shares are outstanding, with a floating share count of 137.29M. Insiders hold about 8.56% of the company’s shares, while institutions hold 69.69% stake in the company.
