Rambus Inc. [RMBS] stock prices are up 3.47% to $43.50 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RMBS shares have gain 5.63% over the last week, with a monthly amount glided 2.43%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Rambus Inc. [NASDAQ: RMBS] stock has seen the most recent analyst activity on May 18, 2023, when Jefferies upgraded its rating to a Buy. Previously, Jefferies downgraded its rating to Hold on May 18, 2023, and elevated its price target to $65. On October 14, 2021, Rosenblatt initiated with a Buy rating and assigned a price target of $35 on the stock. Susquehanna started tracking the stock assigning a Positive rating and suggested a price target of $26 on April 30, 2021. Wells Fargo initiated its recommendation with a Outperform. Credit Suisse started tracking with a Neutral rating for this stock on May 29, 2018, and assigned it a price target of $16. In a note dated January 30, 2018, The Benchmark Company reiterated an Buy rating on this stock and boosted its target price from $16 to $18.
The stock price of Rambus Inc. [RMBS] has been fluctuating between $37.42 and $76.38 over the past year. Currently, Wall Street analysts expect the stock to reach $64.6 within the next 12 months. Rambus Inc. [NASDAQ: RMBS] shares were valued at $43.50 at the most recent close of the market. An investor can expect a potential return of 48.51% based on the average RMBS price forecast.
Analyzing the RMBS fundamentals
The Rambus Inc. [NASDAQ:RMBS] reported sales of 477.53M for trailing twelve months, representing a surge of 10.27%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.52%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.23 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
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 42.74 points at the first support level, and at 41.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.99, and for the 2nd resistance point, it is at 44.48.
Ratios To Look Out For
It’s worth pointing out that Rambus Inc. [NASDAQ:RMBS]’s Current Ratio is 7.18. Further, the Quick Ratio stands at 6.56, while the Cash Ratio is 1.47. Considering the valuation of this stock, the price to sales ratio is 9.81, the price to book ratio is 4.55 and price to earnings (TTM) ratio is 20.78.
Transactions by insiders
Recent insider trading involved STANG ERIC B, Director, that happened on May 08 ’24 when 6000.0 shares were sold. Director, STANG ERIC B completed a deal on May 07 ’24 to sell 5408.0 shares. Meanwhile, President and CEO Seraphin Luc sold 5530.0 shares on Apr 16 ’24.
