In the past week, RMBS stock has gone up by 7.17%, with a monthly gain of 20.45% and a quarterly surge of 34.76%. The volatility ratio for the week is 4.85%, and the volatility levels for the last 30 days are 3.64% for Rambus Inc. The simple moving average for the past 20 days is 7.42% for RMBS’s stock, with a 22.82% simple moving average for the past 200 days.
Is It Worth Investing in Rambus Inc (NASDAQ: RMBS) Right Now?
Rambus Inc (NASDAQ: RMBS) has a higher price-to-earnings ratio of 38.86x compared to its average ratio, The 36-month beta value for RMBS is at 1.24. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for RMBS is 105.87M, and currently, shorts hold a 2.60% of that float. The average trading volume for RMBS on February 05, 2025 was 923.62K shares.
RMBS) stock’s latest price update
The stock price of Rambus Inc (NASDAQ: RMBS) has jumped by 6.78 compared to previous close of 60.35. Despite this, the company has seen a gain of 7.17% in its stock price over the last five trading days. zacks.com reported 2025-02-03 that Rambus (RMBS) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.47 per share a year ago.
Analysts’ Opinion of RMBS
Robert W. Baird, on the other hand, stated in their research note that they expect to see RMBS reach a price target of $90. The rating they have provided for RMBS stocks is “Outperform” according to the report published on November 26th, 2024.
Loop Capital gave a rating of “Buy” to RMBS, setting the target price at $70 in the report published on November 12th of the previous year.
RMBS Trading at 11.60% from the 50-Day Moving Average
After a stumble in the market that brought RMBS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.80% of loss for the given period.
Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 4.85%, as shares surge +16.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.24% upper at present.
During the last 5 trading sessions, RMBS rose by +7.17%, which changed the moving average for the period of 200-days by +12.56% in comparison to the 20-day moving average, which settled at $59.99. In addition, Rambus Inc saw 21.91% 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 RMBS starting from Rao Meera, who sale 5,408 shares at the price of $58.22 back on Dec 12 ’24. After this action, Rao Meera now owns 29,090 shares of Rambus Inc, valued at $314,854 using the latest closing price.
Shinn John, the SVP, General Counsel of Rambus Inc, sale 2,462 shares at $58.13 during a trade that took place back on Dec 12 ’24, which means that Shinn John is holding 20,628 shares at $143,123 based on the most recent closing price.
Stock Fundamentals for RMBS
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.78 for the gross margin
The net margin for Rambus Inc stands at 0.34. The total capital return value is set at 0.14. Equity return is now at value 16.66, with 13.83 for asset returns.
Based on Rambus Inc (RMBS), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 7.5. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 112.41.
Currently, EBITDA for the company is 241.09 million with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 13.1. The receivables turnover for the company is 4.39for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.44.
Conclusion
In conclusion, Rambus Inc (RMBS) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
