A share price of Rimini Street Inc [RMNI] is currently trading at $3.77, down -2.33%. An important factor to consider is whether the stock is rising or falling in short-term value. The RMNI shares have gain 21.22% over the last week, with a monthly amount glided 18.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rimini Street Inc [NASDAQ: RMNI] stock has seen the most recent analyst activity on February 28, 2025, when Alliance Global Partners upgraded its rating to a Buy. Previously, Craig Hallum upgraded its rating to Buy on December 17, 2024, and kept the price target unchanged to $6. On July 31, 2024, downgrade downgraded it’s rating to Neutral. Craig Hallum downgraded its rating to a Hold and decreased its price target to $3 on July 27, 2023. Alliance Global Partners upgraded its rating to a Buy and reduced its price target to $8.50 on March 03, 2022. ROTH Capital upgraded its rating to Buy for this stock on January 19, 2022, but kept the price target unchanged to $8. In a note dated November 04, 2021, Cowen downgraded an Market Perform rating on this stock and revised its target price from $13.50 to $10.
Rimini Street Inc experienced fluctuations in its stock price throughout the past year between $1.53 and $4.14. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Rimini Street Inc [NASDAQ: RMNI] shares were valued at $3.77 at the most recent close of the market. An investor can expect a potential return of 72.41% based on the average RMNI price forecast.
Analyzing the RMNI fundamentals
Trailing Twelve Months sales for Rimini Street Inc [NASDAQ:RMNI] were 426.21M which represents -2.38% decline. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is 0.56 and Total Capital is -0.45. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.5.
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 3.65 points at the first support level, and at 3.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.88, and for the 2nd resistance point, it is at 3.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Rimini Street Inc [NASDAQ:RMNI] is 0.74. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 0.81.
Transactions by insiders
Recent insider trading involved Perica Michael L., EVP & Chief Financial Officer, that happened on May 06 ’25 when 28319.0 shares were sold. EVP & Chief Client Officer, Lyskawa Nancy completed a deal on May 06 ’25 to sell 6120.0 shares. Meanwhile, EVP,ChiefRecurringRev.Officer Maddock Kevin sold 7620.0 shares on May 06 ’25.
