In last trading session, Rush Street Interactive Inc (NYSE:RSI) saw 0.69 million shares changing hands with its beta currently measuring 1.74. Company’s recent per share price level of $14.11 trading at -$0.1 or -0.70% at ring of the bell on the day assigns it a market valuation of $3.18B. That closing price of RSI’s stock is at a discount of -3.47% from its 52-week high price of $14.60 and is indicating a premium of 74.77% from its 52-week low price of $3.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.19 million shares which gives us an average trading volume of 2.00 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 1.44. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.06 in the current quarter.
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Rush Street Interactive Inc (NYSE:RSI) trade information
Upright in the red during last session for losing -0.70%, in the last five days RSI remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $14.11 price level, adding 3.36% to its value on the day. Rush Street Interactive Inc’s shares saw a change of 214.27% in year-to-date performance and have moved 4.68% in past 5-day. Rush Street Interactive Inc (NYSE:RSI) showed a performance of 31.14% in past 30-days. Number of shares sold short was 5.14 million shares which calculate 2.15 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a fall of -0.79% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would jump 43.3% in reaching the projected high whereas dropping to the targeted low would mean a gain of 43.3% for stock’s current value.
Rush Street Interactive Inc (RSI) estimates and forecasts
Statistics highlight that Rush Street Interactive Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 57.66% of value to its shares in past 6 months, showing an annual growth rate of 235.71% while that of industry is 1.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 32.21% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 243.87M for the same. And 4 analysts are in estimates of company making revenue of 239.85M in the next quarter. Company posted 193.85M and 217.43M of sales in current and next quarters respectively a year earlier.
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 23.52% during past 5 years.
Rush Street Interactive Inc (NYSE:RSI)’s Major holders
HG VORA CAPITAL MANAGEMENT, LLC is the top institutional holder at RSI for having 7.0 million shares of worth $67.13 million. And as of 2024-06-30, it was holding 9.2072 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 6.74 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.8718 of outstanding shares, having a total worth of $64.68 million.
On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 2.04 shares of worth $29.41 million or 2.30% of the total outstanding shares. The later fund manager was in possession of 1.99 shares on Jun 30, 2024 , making its stake of worth around $28.71 million in the company or a holder of 2.25% of company’s stock.
