Rapid7 Inc (NASDAQ: RPD) is -27.71% lower on its value in year-to-date trading and has touched a low of $32.94 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 $41.60 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $41.28, the stock is 2.96% and 8.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -0.77% at the moment leaves the stock -4.29% off its SMA200. RPD registered -18.06% loss for a year compared to 6-month gain of 8.80%. The firm has a 50-day simple moving average (SMA 50) of $37.8854 and a 200-day simple moving average (SMA200) of $43.20085.
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The stock witnessed a 2.51% loss in the last 1 month and extending the period to 3 months gives it a 14.16%, and is 2.13% up 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 4.19% over the week and 3.34% over the month.
Rapid7 Inc (RPD) has around 2228 employees, a market worth around $2.59B and $833.01M in sales. Current P/E ratio is 65.23 and Fwd P/E is 17.73. Profit margin for the company is 5.65%. Distance from 52-week low is 25.30% and -33.29% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
The EPS is expected to grow by 50.00% this year
389.0 institutions hold shares in Rapid7 Inc (RPD), with institutional investors hold 105.03% of the company’s shares. The shares outstanding are 61.71M, and float is at 60.35M with Short Float at 5.44%. Institutions hold 103.37% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.16 million shares valued at $352.87 million. The investor’s holdings represent 13.1849 of the RPD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.97 million shares valued at $258.14 million to account for 9.6454 of the shares outstanding. The other top investors are UBS GROUP AG which holds 4.12 million shares representing 6.6517 and valued at over $178.02 million, while POINT72 ASSET MANAGEMENT, L.P. holds 6.1367 of the shares totaling 3.8 million with a market value of $164.24 million.
Rapid7 Inc (RPD) Insider Activity
The most recent transaction is an insider sale by Sondhi Reeny, the company’s Director. SEC filings show that Sondhi Reeny sold 3,663 shares of the company’s common stock on Sep 30 ’24 at a price of $40.00 per share for a total of $0.15 million. Following the sale, the insider now owns 17460.0 shares.
Still, SEC filings show that on Jun 05 ’24, Luconi Christina (Chief People Officer) disposed off 33,795 shares at an average price of $35.95 for $1.21 million. The insider now directly holds 92,487 shares of Rapid7 Inc (RPD).
