Analysts have mixed views on the stock, with 12 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RBRK is 63.19M, and currently, short sellers hold a 7.76% ratio of that float. The average trading volume of RBRK on November 08, 2024 was 1.87M shares.
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RBRK) stock’s latest price update
The stock of Rubrik Inc (NYSE: RBRK) has increased by 2.73 when compared to last closing price of 43.29.Despite this, the company has seen a gain of 7.78% 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.
RBRK’s Market Performance
Rubrik Inc (RBRK) has experienced a 7.78% rise in stock performance for the past week, with a 23.56% rise in the past month, and a 40.06% rise in the past quarter. The volatility ratio for the week is 3.03%, and the volatility levels for the past 30 days are at 4.20% for RBRK. The simple moving average for the past 20 days is 10.05% for RBRK’s stock, with a 30.21% simple moving average for the past 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 24.23% 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 able to rebound, for now settling with 0.77% of gains for the given period.
Volatility was left at 4.20%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares surge +14.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.99% upper at present.
During the last 5 trading sessions, RBRK rose by +7.78%, in comparison to the 20-day moving average, which settled at $40.41. In addition, Rubrik Inc saw 20.19% 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 McCarthy Brian K., who sale 25,000 shares at the price of $41.39 back on Nov 01 ’24. After this action, McCarthy Brian K. now owns 387,545 shares of Rubrik Inc, valued at $1,034,750 using the latest closing price.
Choudary Kiran Kumar, the Chief Financial Officer of Rubrik Inc, sale 4,500 shares at $41.99 during a trade that took place back on Oct 31 ’24, which means that Choudary Kiran Kumar is holding 417,760 shares at $188,964 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 11.25. 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 put it simply, Rubrik Inc (RBRK) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
