In the past week, RKT stock has gone down by -5.71%, with a monthly gain of 21.99% and a quarterly surge of 18.20%. The volatility ratio for the week is 7.10%, and the volatility levels for the last 30 days are 5.91% for Rocket Companies Inc The simple moving average for the last 20 days is 8.02% for RKT stock, with a simple moving average of -1.62% for the last 200 days.
Is It Worth Investing in Rocket Companies Inc (NYSE: RKT) Right Now?
The price-to-earnings ratio for Rocket Companies Inc (NYSE: RKT) is 88.35x, which is above its average ratio. Moreover, the 36-month beta value for RKT is 2.24. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for RKT is 134.25M and currently, short sellers hold a 15.97% of that float. On March 17, 2025, RKT’s average trading volume was 4.64M shares.
RKT) stock’s latest price update
The stock price of Rocket Companies Inc (NYSE: RKT) has surged by 2.48 when compared to previous closing price of 14.51, but the company has seen a -5.71% decline in its stock price over the last five trading sessions. fool.com reported 2025-03-14 that In this podcast, Motley Fool analyst Tim Beyers and host Dylan Lewis discuss:
Analysts’ Opinion of RKT
Many brokerage firms have already submitted their reports for RKT stocks, with UBS repeating the rating for RKT by listing it as a “Neutral.” The predicted price for RKT in the upcoming period, according to UBS is $11.50 based on the research report published on January 10, 2025 of the current year 2025.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see RKT reach a price target of $11.50, previously predicting the price at $16. The rating they have provided for RKT stocks is “Underperform” according to the report published on December 10th, 2024.
BofA Securities gave a rating of “Neutral” to RKT, setting the target price at $15 in the report published on November 15th of the previous year.
RKT Trading at 17.57% from the 50-Day Moving Average
After a stumble in the market that brought RKT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.45% of loss for the given period.
Volatility was left at 5.91%, however, over the last 30 days, the volatility rate increased by 7.10%, as shares surge +15.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.81% upper at present.
During the last 5 trading sessions, RKT fell by -5.71%, which changed the moving average for the period of 200-days by +7.44% in comparison to the 20-day moving average, which settled at $13.77. In addition, Rocket Companies Inc saw 32.06% 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 RKT starting from Rizik Matthew, who purchase 318 shares at the price of $13.79 back on Jun 28 ’24. After this action, Rizik Matthew now owns 707,528 shares of Rocket Companies Inc, valued at $4,385 using the latest closing price.
Rizik Matthew, the Director of Rocket Companies Inc, purchase 316 shares at $13.80 during a trade that took place back on Jun 27 ’24, which means that Rizik Matthew is holding 707,210 shares at $4,361 based on the most recent closing price.
Stock Fundamentals for RKT
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.99 for the gross margin
The net margin for Rocket Companies Inc stands at 0.01. The total capital return value is set at 0.07. Equity return is now at value 4.43, with 0.13 for asset returns.
Based on Rocket Companies Inc (RKT), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at -0.49. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 3.79.
Currently, EBITDA for the company is 465.38 million with net debt to EBITDA at 3.87. When we switch over and look at the enterprise to sales, we see a ratio of 7.0.
Conclusion
To wrap up, the performance of Rocket Companies Inc (RKT) has been better in recent times. The stock has received a mixed of “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.
