The stock price of Rubrik Inc. (NYSE: RBRK) has jumped by 0.23 compared to previous close of 38.52. Despite this, the company has seen a fall of -1.33% in its stock price over the last five trading days. zacks.com reported 2024-10-16 that RBRK unveils Rubrik DSPM for Microsoft 365 Copilot, enhancing data visibility and control to secure sensitive information during AI-driven workflows.
Is It Worth Investing in Rubrik Inc. (NYSE: RBRK) Right Now?
Opinions on the stock are mixed, with 12 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for RBRK is 63.16M, and at present, short sellers hold a 8.64% of that float. On October 23, 2024, the average trading volume of RBRK was 1.80M shares.
RBRK’s Market Performance
RBRK stock saw an increase of -1.33% in the past week, with a monthly gain of 15.70% and a quarterly increase of 10.31%. The volatility ratio for the week is 4.42%, and the volatility levels for the last 30 days are 4.62% for Rubrik Inc. (RBRK). The simple moving average for the last 20 days is 8.59% for RBRK’s stock, with a simple moving average of 15.36% for the last 200 days.
Analysts’ Opinion of RBRK
Many brokerage firms have already submitted their reports for RBRK stocks, with BMO Capital Markets repeating the rating for RBRK by listing it as a “Outperform.” The predicted price for RBRK in the upcoming period, according to BMO Capital Markets is $38 based on the research report published on September 10, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see RBRK reach a price target of $42. The rating they have provided for RBRK stocks is “Overweight” according to the report published on August 19th, 2024.
Robert W. Baird gave a rating of “Outperform” to RBRK, setting the target price at $42 in the report published on July 15th of the current year.
RBRK Trading at 12.90% from the 50-Day Moving Average
After a stumble in the market that brought RBRK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.58% of loss for the given period.
Volatility was left at 4.62%, however, over the last 30 days, the volatility rate increased by 4.42%, as shares surge +15.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.39% upper at present.
During the last 5 trading sessions, RBRK fell by -1.33%, in comparison to the 20-day moving average, which settled at $35.56. In addition, Rubrik Inc. saw 4.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RBRK starting from Choudary Kiran Kumar, who sale 7,583 shares at the price of $40.14 back on Oct 17 ’24. After this action, Choudary Kiran Kumar now owns 438,560 shares of Rubrik Inc., valued at $304,382 using the latest closing price.
Choudary Kiran Kumar, the Chief Financial Officer of Rubrik Inc., sale 45,800 shares at $39.22 during a trade that took place back on Oct 14 ’24, which means that Choudary Kiran Kumar is holding 448,560 shares at $1,796,276 based on the most recent closing price.
Stock Fundamentals for RBRK
Current profitability levels for the company are sitting at:
- -1.42 for the present operating margin
- 0.69 for the gross margin
The net margin for Rubrik Inc. stands at -1.49. The total capital return value is set at -2.36.
Based on Rubrik Inc. (RBRK), the company’s capital structure generated -1.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12. The debt to equity ratio resting at -0.63. The interest coverage ratio of the stock is -2748.07.
Currently, EBITDA for the company is -205.67 million with net debt to EBITDA at -0.16. When we switch over and look at the enterprise to sales, we see a ratio of 9.79. The receivables turnover for the company is 5.3for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To sum up, Rubrik Inc. (RBRK) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
