Rapid7 Inc (NASDAQ: RPD) is -9.75% lower on its value in year-to-date trading and has touched a low of $37.29 and a high of $61.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RPD stock was last observed hovering at around $53.07 in the last trading session, with the day’s loss setting it -1.54%.
Currently trading at $51.53, the stock is -8.72% and -7.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -2.90% at the moment leaves the stock 2.10% off its SMA200. RPD registered 23.57% gain for a year compared to 6-month gain of 6.69%. The firm has a 50-day simple moving average (SMA 50) of $4.93 and a 200-day simple moving average (SMA200) of -$97.98.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -12.29% loss in the last 1 month and extending the period to 3 months gives it a -9.71%, and is -5.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.23% over the week and 3.11% over the month.
Rapid7 Inc (RPD) has around 2228 employees, a market worth around $3.19B and $777.71M in sales. Fwd P/E is 21.34. Profit margin for the company is -19.19%. Distance from 52-week low is 38.19% and -16.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.72%).
Rapid7 Inc quarterly earnings per share for the current quarter are estimated at $0.54 with sales reaching $204.03M over the same period.The EPS is expected to grow by 42.63% this year, but quarterly earnings will post 9.70% year-over-year. Quarterly sales are estimated to grow 11.40% in year-over-year returns.
424 institutions hold shares in Rapid7 Inc (RPD), with institutional investors hold 104.01% of the company’s shares. The shares outstanding are 61.71M, and float is at 60.16M with Short Float at 7.18%. Institutions hold 102.28% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 6.89 million shares valued at $312.1 million. The investor’s holdings represent 11.30% of the RPD Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 6.73 million shares valued at $304.86 million to account for 11.04% of the shares outstanding. The other top investors are First Trust Advisors LP which holds 2.02 million shares representing 3.32% and valued at over $91.6 million, while Point72 Asset Management, L.P. holds 3.18% of the shares totaling 1.94 million with a market value of $87.71 million.
Rapid7 Inc (RPD) Insider Activity
The most recent transaction is an insider sale by Adams Timothy M, the company’s Chief Financial Officer. SEC filings show that Adams Timothy M sold 15,000 shares of the company’s common stock on Feb 29 ’24 at a price of $58.56 per share for a total of $0.88 million. Following the sale, the insider now owns 0.17 million shares.
Rapid7 Inc disclosed in a document filed with the SEC on Jan 03 ’24 that Burton Andrew F. (Chief Operating Officer) sold a total of 17,000 shares of the company’s common stock. The trade occurred on Jan 03 ’24 and was made at $53.68 per share for $0.91 million. Following the transaction, the insider now directly holds 0.22 million shares of the RPD stock.
Still, SEC filings show that on Nov 20 ’23, Burton Andrew F. (Chief Operating Officer) disposed off 38,577 shares at an average price of $52.47 for $2.02 million. The insider now directly holds 241,038 shares of Rapid7 Inc (RPD).
