Analyst Expects Rambus Inc. (NASDAQ: RMBS) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed MEDIA ALERT: Rambus to Present at Morgan Stanley Technology, Media & Telecom Conference.

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Stocks Info

As a NASDAQ listed company, RMBS falls under the Technology sector while operating within the Semiconductors industry segment. The current market capitalization of Rambus Inc. is $6.20B. A total of 1.05 million shares were traded on the day, compared to an average of 1.93M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RMBS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 22 SELLs from insiders. Insiders purchased 55,045 shares during that period but sold 197,613.

In the most recent transaction, FAN XIANZHI SEAN sold 2,004 shares of RMBS for 55.00 per share on Feb 20. After the transaction, the SVP, COO now owns 121,229 company shares. In a previous transaction on Feb 12, FAN XIANZHI SEAN sold 20,000 shares at 58.53 per share. RMBS shares that SVP, COO owns now total 123,233.

Among the insiders who sold shares, FAN XIANZHI SEAN disposed of 20,000 shares on Feb 05 at a per-share price of $68.73. This resulted in the SVP, COO holding 143,233 shares of RMBS after the transaction. In another insider transaction, FAN XIANZHI SEAN sold 16,904 shares at $66.35 per share on Dec 11. Company shares held by the COO now total 151,319.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RMBS in the last 3 months, the mean price target is $78.95 with high estimates of $85.00 and low estimates of $72.00. In terms of 52-week highs and lows, RMBS has a high of $76.38 and a low of $40.48.

As of this writing, RMBS has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.44. The company reported an EPS of $0.44 in the last quarter, which was 12.80% higher than expectations of $0.39.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RMBS’s latest balance sheet shows that the firm has $485.61M in Cash & Short Term Investments as of fiscal 2021. There were $198.78M in debt and $267.27M in liabilities at the time. Its Book Value Per Share was $9.63, while its Total Shareholder’s Equity was $862.40M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RMBS is Buy with a score of 5.00.

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