Rush Street Interactive Inc (NYSE:RSI) -0.45% Down Over A Week, Can The Stock Hit Well Above -$0.07?

In last trading session, Rush Street Interactive Inc (NYSE:RSI) saw 2.77 million shares changing hands with its beta currently measuring 1.76. Company’s recent per share price level of $15.41 trading at -$0.09 or -0.58% at ring of the bell on the day assigns it a market valuation of $3.48B. That closing price of RSI’s stock is at a discount of -8.89% from its 52-week high price of $16.78 and is indicating a premium of 66.13% from its 52-week low price of $5.22.

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.

Rush Street Interactive Inc (NYSE:RSI) trade information

Upright in the red during last session for losing -0.58%, in the last five days RSI remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $15.41 price level, adding 8.16% to its value on the day. Rush Street Interactive Inc’s shares saw a change of 12.32% in year-to-date performance and have moved -0.45% in past 5-day. Rush Street Interactive Inc (NYSE:RSI) showed a performance of 0.33% in past 30-days.

Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 3.69% to its current value. Analysts have been projecting 15 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 2.66% in reaching the projected high whereas dropping to the targeted low would mean a gain of 2.66% for stock’s current value.

Rush Street Interactive Inc (RSI) estimates and forecasts

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 243.91M for the same. And 5 analysts are in estimates of company making revenue of 241.35M 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

VANGUARD GROUP INC is the top institutional holder at RSI for having 6.74 million shares of worth $64.68 million. And as of 2024-06-30, it was holding 8.8718 of the company’s outstanding shares.

The second largest institutional holder is HG VORA CAPITAL MANAGEMENT, LLC, which was holding about 7.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.7446 of outstanding shares, having a total worth of $67.13 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 Nov 30, 2024 , the former fund manager was holding 2.15 shares of worth $33.16 million or 2.43% of the total outstanding shares. The later fund manager was in possession of 2.06 shares on Sep 30, 2024 , making its stake of worth around $31.75 million in the company or a holder of 2.33% of company’s stock.