In last trading session, Rush Street Interactive, Inc. (NYSE:RSI) saw 1,651,522 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $14.31 trading at -$0.7 or -4.66% at ring of the bell on the day assigns it a market valuation of $3.04 Billion. That closing price of RSI’s stock is at a discount of -85.53% from its 52-week high price of $26.55 and is indicating a premium of 33.54% from its 52-week low price of $9.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.79 Million shares which gives us an average trading volume of 1.6 Million if we extend that period to 3-months.
For Rush Street Interactive, Inc. (RSI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.8. Splitting up the data highlights that, out of 7 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.11 in the current quarter.
Rush Street Interactive, Inc. (NYSE:RSI) trade information
In the face of being in the red during last session for losing -4.66%, in the last five days RSI remained trading in the green while hitting it’s week-highest on Friday, Apr 09 when the stock touched $15.63- price level, adding 8.42% to its value on the day. Rush Street Interactive, Inc.’s shares saw a change of -33.9% in year-to-date performance and have moved -8.85% in past 5-day. Rush Street Interactive, Inc. (NYSE:RSI) showed a performance of -28.91% in past 30-days. Number of shares sold short was 3.58 Million shares which calculate 2.24 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $27.67 to the stock, which implies a rise of 93.36% to its current value. Analysts have been projecting $25 as a low price target for the stock while placing it at a high target of $34. It follows that stock’s current price would jump +137.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of 74.7% for stock’s current value.
Rush Street Interactive, Inc. (RSI) estimates and forecasts
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $95.55 Million for the same. And 6 analysts are in estimates of company making revenue of $102.13 Million in the next quarter that will end on June 01, 2021.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 98.1% while estimates for its earnings growth in next 5 years are of 0%
Rush Street Interactive, Inc. (NYSE:RSI)’s Major holders
Insiders are in possession of 11.13% of company’s total shares while institution are holding 57.24% percent of that, with stock having share float percentage of 64.41%. Investors also watch the number of corporate investors in a company very closely, which is 91 institutions for Rush Street Interactive, Inc. that are currently holding shares of the company. FMR, LLC is the top institutional holder at RSI for having 6.29 Million shares of worth $136.14 Million. And as of December 30, 2020, it was holding 11.94% of the company’s outstanding shares.
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The second largest institutional holder is Eagle Asset Management Inc, which was holding about 2.1 Million shares on December 30, 2020. The number of shares represents firm’s hold over 3.98% of outstanding shares, having a total worth of $45.38 Million.
On the other hand, AB Cap Fd.-AB Small Cap Growth Port and Carillon Ser Tr-Carillon Eagle Small Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of January 30, 2021, the former fund manager was holding 1924580 shares of worth $34.97 Million or 3.65% of the total outstanding shares. The later fund manager was in possession of 1.81 Million shares on March 30, 2021, making its stake of worth around $29.5 Million in the company or a holder of 3.43% of company’s stock.