At the time of writing, Rush Street Interactive Inc [RSI] stock is trading at $9.39, up 3.41%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RSI shares have gain 0.21% over the last week, with a monthly amount drifted -0.53%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Rush Street Interactive Inc [NYSE: RSI] stock has seen the most recent analyst activity on May 17, 2024, when Needham reiterated its Buy rating and also boosted its price target to $10 from $9. Previously, Craig Hallum upgraded its rating to Buy on April 19, 2024, and elevated its price target to $8. On March 08, 2024, downgrade downgraded it’s rating to Mkt Perform. Susquehanna downgraded its rating to a Neutral and increased its price target to $6 on March 04, 2024. Susquehanna upgraded its rating to a Positive and reduced its price target to $4.25 on April 06, 2023. Susquehanna started tracking with a Neutral rating for this stock on July 20, 2022, and assigned it a price target of $6. In a note dated June 28, 2022, JMP Securities initiated an Mkt Outperform rating and provided a target price of $12 on this stock.
For the past year, the stock price of Rush Street Interactive Inc fluctuated between $3.17 and $11.59. Currently, Wall Street analysts expect the stock to reach $11.2 within the next 12 months. Rush Street Interactive Inc [NYSE: RSI] shares were valued at $9.39 at the most recent close of the market. An investor can expect a potential return of 19.28% based on the average RSI price forecast.
Analyzing the RSI fundamentals
According to Rush Street Interactive Inc [NYSE:RSI], the company’s sales were 801.54M for trailing twelve months, which represents an 33.51% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.12 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.18 points at the first support level, and at 8.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.57, and for the 2nd resistance point, it is at 9.74.
Ratios To Look Out For
It is important to note that Rush Street Interactive Inc [NYSE:RSI] has a current ratio of 1.66. Also, the Quick Ratio is 1.66, while the Cash Ratio stands at 1.35. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 11.91.
Transactions by insiders
Recent insider trading involved ROOSILEHT EINAR, Chief Information Officer, that happened on Aug 27 ’24 when 0.15 million shares were sold. Officer, ROOSILEHT EINAR completed a deal on Aug 27 ’24 to buy 0.15 million shares. Meanwhile, Chief Legal Officer WIERBICKI PAUL sold 20437.0 shares on Aug 08 ’24.
