Growth and Margin Analysis of Rush Street Interactive Inc (RSI)’s Recent Quarter Sales

Rush Street Interactive Inc [RSI] stock prices are up 4.03% to $15.48 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 RSI shares have gain 4.88% over the last week, with a monthly amount glided 10.89%, and seem to be holding up well over a long-time horizon.

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.

The stock price of Rush Street Interactive Inc [RSI] has been fluctuating between $5.22 and $15.98 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Rush Street Interactive Inc [NYSE: RSI] shares were valued at $15.48 at the most recent close of the market. An investor can expect a potential return of 3.36% based on the average RSI price forecast.

Analyzing the RSI fundamentals

The Rush Street Interactive Inc [NYSE:RSI] reported sales of 863.77M for trailing twelve months, representing a surge of 36.63%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.

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 14.78 points at the first support level, and at 14.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.92, and for the 2nd resistance point, it is at 16.36.

Ratios To Look Out For

It’s worth pointing out that Rush Street Interactive Inc [NYSE:RSI]’s Current Ratio is 1.71. Further, the Quick Ratio stands at 1.71, while the Cash Ratio is 1.39. Considering the valuation of this stock, the price to sales ratio is 4.04, the price to book ratio is 18.55.

Transactions by insiders

Recent insider trading involved SCHWARTZ RICHARD TODD, Officer, that happened on Feb 11 ’25 when 60000.0 shares were purchased. Chief Executive Officer, SCHWARTZ RICHARD TODD completed a deal on Feb 10 ’25 to sell 0.13 million shares. Meanwhile, Chief Executive Officer SCHWARTZ RICHARD TODD sold 60000.0 shares on Feb 11 ’25.

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