Rambus Inc [RMBS] stock prices are down -1.49% to $56.23 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RMBS shares have gain 5.10% over the last week, with a monthly amount drifted -3.72%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rambus Inc [NASDAQ: RMBS] stock has seen the most recent analyst activity on November 26, 2024, when Robert W. Baird initiated its Outperform rating and assigned the stock a price target of $90. Previously, Loop Capital started tracking the stock with Buy rating on November 12, 2024, and set its price target to $70. On November 06, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $62 on the stock. Jefferies upgraded its rating to a Buy. Jefferies downgraded its rating to a Hold and raised its price target to $65 on May 18, 2023. Rosenblatt started tracking with a Buy rating for this stock on October 14, 2021, and assigned it a price target of $35. In a note dated April 30, 2021, Susquehanna initiated an Positive rating and provided a target price of $26 on this stock.
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 $63 within the next 12 months. Rambus Inc [NASDAQ: RMBS] shares were valued at $56.23 at the most recent close of the market. An investor can expect a potential return of 12.04% based on the average RMBS price forecast.
Analyzing the RMBS fundamentals
The Rambus Inc [NASDAQ:RMBS] reported sales of 517.75M for trailing twelve months, representing a surge of 38.19%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.17 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 55.34 points at the first support level, and at 54.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.85, and for the 2nd resistance point, it is at 57.47.
Ratios To Look Out For
It’s worth pointing out that Rambus Inc [NASDAQ:RMBS]’s Current Ratio is 8.26. As well, the Quick Ratio is 7.60, while the Cash Ratio is 1.54. Considering the valuation of this stock, the price to sales ratio is 11.57, the price to book ratio is 5.77 and price to earnings (TTM) ratio is 34.92.
Transactions by insiders
Recent insider trading involved Rao Meera, Director, that happened on Dec 12 ’24 when 5408.0 shares were sold. SVP, General Counsel, Shinn John completed a deal on Dec 12 ’24 to sell 2462.0 shares. Meanwhile, Director Rao Meera bought 5408.0 shares on Dec 12 ’24.
