The stock of Rapid7 Inc (RPD) has gone down by -18.76% for the week, with a -27.59% drop in the past month and a -36.02% drop in the past quarter. The volatility ratio for the week is 3.11%, and the volatility levels for the past 30 days are 3.11% for RPD.. The simple moving average for the past 20 days is -20.47% for RPD’s stock, with a -28.47% simple moving average for the past 200 days.
Is It Worth Investing in Rapid7 Inc (NASDAQ: RPD) Right Now?
Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for RPD is 60.48M, and currently, short sellers hold a 6.34% ratio of that floaft. The average trading volume of RPD on May 08, 2024 was 703.63K shares.
RPD) stock’s latest price update
Rapid7 Inc (NASDAQ: RPD) has experienced a decline in its stock price by -20.39 compared to its previous closing price of 45.80. However, the company has seen a fall of -18.76% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-08 that Rapid7 Inc. (NASDAQ:RPD ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Elizabeth Chwalk – Director of Investor Relations Corey Thomas – Chairman & Chief Executive Officer Timothy Adams – Chief Financial Officer Conference Call Participants Fatima Boolani – Citi Saket Kalia – Barclays Michael Richards – RBC Capital Markets Gray Powell – BTIG Arturo Saavedra – Morgan Stanley Mark Cash – Raymond James Zachary Schneider – Robert Baird Patrick Colville – Scotiabank Patrick O’Neill – Wolfe Research Robert Galvin – Stifel Operator Thank you for standing by. My name is Eric, and I will be your conference operator today.
Analysts’ Opinion of RPD
Many brokerage firms have already submitted their reports for RPD stocks, with Scotiabank repeating the rating for RPD by listing it as a “Sector Perform.” The predicted price for RPD in the upcoming period, according to Scotiabank is $46 based on the research report published on April 26, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see RPD reach a price target of $70, previously predicting the price at $53. The rating they have provided for RPD stocks is “Buy” according to the report published on January 29th, 2024.
Citigroup gave a rating of “Buy” to RPD, setting the target price at $65 in the report published on January 09th of the current year.
RPD Trading at -26.43% from the 50-Day Moving Average
After a stumble in the market that brought RPD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.08% of loss for the given period.
Volatility was left at 3.11%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares sank -24.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.32% lower at present.
During the last 5 trading sessions, RPD fell by -16.33%, which changed the moving average for the period of 200-days by -19.40% in comparison to the 20-day moving average, which settled at $45.22. In addition, Rapid7 Inc saw -36.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RPD starting from Burton Andrew F., who sale 20,653 shares at the price of $48.73 back on Apr 08 ’24. After this action, Burton Andrew F. now owns 236,841 shares of Rapid7 Inc, valued at $1,006,336 using the latest closing price.
Thomas Corey E., the CEO of Rapid7 Inc, sale 50,000 shares at $53.07 during a trade that took place back on Mar 13 ’24, which means that Thomas Corey E. is holding 462,560 shares at $2,653,500 based on the most recent closing price.
Stock Fundamentals for RPD
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.7 for the gross margin
The net margin for Rapid7 Inc stands at -0.15. The total capital return value is set at -0.05.
Based on Rapid7 Inc (RPD), the company’s capital structure generated 1.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at -11.83. The interest coverage ratio of the stock is -0.86.
Currently, EBITDA for the company is -80.73 million with net debt to EBITDA at 56.4. When we switch over and look at the enterprise to sales, we see a ratio of 3.91. The receivables turnover for the company is 6.42for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.
Conclusion
In a nutshell, Rapid7 Inc (RPD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
