Rush Street Interactive Inc (NYSE:RSI)’s traded shares stood at 2.2 million during the last session, with the company’s beta value hitting 1.66. At the close of trading, the stock’s price was $11.13, to imply a decrease of -2.45% or -$0.28 in intraday trading. The RSI share’s 52-week high remains $12.46, putting it -11.95% down since that peak but still an impressive 68.01% since price per share fell to its 52-week low of $3.56. The company has a valuation of $2.51B, with an average of 3.19 million shares in intraday trading volume over the past 10 days and average of 1.89 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Rush Street Interactive Inc (RSI), translating to a mean rating of 1.44. Of 8 analyst(s) looking at the stock, 0 analyst(s) give RSI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.06.
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Rush Street Interactive Inc (NYSE:RSI) trade information
After registering a -2.45% downside in the last session, Rush Street Interactive Inc (RSI) has traded red over the past five days. The 5-day price performance for the stock is 2.11%, and 0.00% over 30 days. With these gigs, the year-to-date price performance is 147.88%. Short interest in Rush Street Interactive Inc (NYSE:RSI) saw shorts transact 5.09 million shares and set a 3.18 days time to cover.
The extremes give us $8 and $17 for target low and target high price respectively. As such, RSI has been trading -52.74% off suggested target high and 28.12% from its likely low.
Rush Street Interactive Inc (RSI) estimates and forecasts
Looking at statistics comparing Rush Street Interactive Inc share performance against respective industry, we note that the company has outperformed competitors. Rush Street Interactive Inc (RSI) shares are 28.23% up over the last 6 months, with its year-to-date growth rate higher than industry average at 235.71% against 1.00%. Revenue is forecast to grow 518.70% this quarter before jumping 78.13% for the next one. The rating firms project that company’s revenue will grow 32.21% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 243.87M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 239.85M.Earnings reports from the last fiscal year show that sales brought in 193.85M and 217.43M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 25.80% before jumping 10.31% in the following quarter.
RSI Dividends
Rush Street Interactive Inc has its next earnings report out on 2025-Mar-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 6.74 million shares, or about 8.8718% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $64.68 million.
