At the time of writing, Rocket Companies Inc [RKT] stock is trading at $13.86, up 10.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The RKT shares have gain 4.84% over the last week, with a monthly amount glided 8.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rocket Companies Inc [NYSE: RKT] stock has seen the most recent analyst activity on April 02, 2025, when Keefe Bruyette upgraded its rating to a Mkt Perform but kept the price target unchanged to $14 for it. Previously, Deutsche Bank upgraded its rating to Buy on April 02, 2025, and kept the price target unchanged to $16. On January 10, 2025, upgrade upgraded it’s rating to Neutral but maintained its price target of $11.50 on the stock. Keefe Bruyette downgraded its rating to a Underperform and decreased its price target to $11.50 on December 10, 2024. BofA Securities upgraded its rating to a Neutral but $15 remained the price target by the analyst firm on November 15, 2024. In a note dated August 05, 2024, Keefe Bruyette upgraded an Mkt Perform rating on this stock.
For the past year, the stock price of Rocket Companies Inc fluctuated between $9.52 and $20.23. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Rocket Companies Inc [NYSE: RKT] shares were valued at $13.86 at the most recent close of the market. An investor can expect a potential return of 29.87% based on the average RKT price forecast.
Analyzing the RKT fundamentals
According to Rocket Companies Inc [NYSE:RKT], the company’s sales were 4.66B for trailing twelve months, which represents an 25.28% jump. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
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 12.94 points at the first support level, and at 12.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.66, and for the 2nd resistance point, it is at 15.47.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.94, the price to book ratio is 2.88 and price to earnings (TTM) ratio is 82.35.
Transactions by insiders
Recent insider trading involved Rizik Matthew, Director, that happened on Jun 28 ’24 when 318.0 shares were purchased. Director, Rizik Matthew completed a deal on Jun 27 ’24 to buy 316.0 shares. Meanwhile, Director Rizik Matthew bought 310.0 shares on Jun 24 ’24.