Analyst Expects Rapid7 Inc (NASDAQ: RPD) 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 Rapid7 to Report First Quarter 2024 Financial Results on May 7.

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Stocks Info

As a NASDAQ listed company, RPD falls under the Technology sector while operating within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $50.02 and fluctuated between $50.30 as its day high and $48.99 as its day low. The current market capitalization of Rapid7 Inc is $3.10B. A total of 0.7 million shares were traded on the day, compared to an average of 749.22K shares.

In the most recent transaction, Burton Andrew F. sold 20,653 shares of RPD for 48.73 per share on Apr 08 ’24. After the transaction, the Chief Operating Officer now owns 236,841 company shares. In a previous transaction on Mar 13 ’24, Thomas Corey E. sold 50,000 shares at 53.07 per share. RPD shares that CEO owns now total 462,560.

Among the insiders who sold shares, Burton Andrew F. disposed of 31,727 shares on Mar 13 ’24 at a per-share price of $53.07. This resulted in the Chief Operating Officer holding 257,494 shares of RPD after the transaction. In another insider transaction, Adams Timothy M sold 15,000 shares at $58.56 per share on Feb 29 ’24. Company shares held by the Chief Financial Officer now total 170,739.

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. In terms of 52-week highs and lows, RPD has a high of $61.88 and a low of $39.49.

As of this writing, RPD has an earnings estimate of $0.54 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.57 per share and a lower estimate of $0.52. The company reported an EPS of $0.5 in the last quarter, which was 19.00% higher than expectations of $0.42.

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. RPD’s latest balance sheet shows that the firm has $223.43M in Cash & Short Term Investments as of fiscal 2021. There were $912.56M in debt and $468.68M in liabilities at the time. Its Book Value Per Share was -$1.91, while its Total Shareholder’s Equity was -$126.00M.

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 RPD is Buy with a score of 3.70.

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