With 1.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.89 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $45.88 whereas the lowest price it dropped to was $43.505. The 52-week range on RBRK shows that it touched its highest point at $45.09 and its lowest point at $28.34 during that stretch. It currently has a 1-year price target of $45.17.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RBRK was up-trending over the past week, with a rise of 6.74%, but this was up by 12.09% over a month. Three-month performance surged to 38.03% while six-month performance rose 35.16%. A look at the trailing 12-month EPS for RBRK yields -6.17 with Next year EPS estimates of -1.34. For the next quarter, that number is -0.40. This implies an EPS growth rate of 63.47% for this year and 35.98% for next year.
Float and Shares Shorts:
At present, 181.65 million RBRK shares are outstanding with a float of 62.48 million shares on hand for trading. On 2024-10-15, short shares totaled 4.9 million, which was 270.0 higher than short shares on 1726185600. In addition to Mr. Bipul Sinha as the firm’s Co-Founder, CEO & Chairman, Mr. Kiran Kumar Choudary serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.62345004 of RBRK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-31, RBRK reported revenue of $204951000.0 and operating income of -$168293000.0. The EBITDA in the recently reported quarter was -$155511000.0 and diluted EPS was -$0.98.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RBRK since 11 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RBRK analysts setting a high price target of 52.0 and a low target of 38.0, the average target price over the next 12 months is 45.06. Based on these targets, RBRK could surge 17.33% to reach the target high and fall by -14.26% to reach the target low. Reaching the average price target will result in a growth of 1.67% from current levels.
Analysts have provided yearly estimates in a range of -$11.67286 being high and -$12.21234 being low. For RBRK, this leads to a yearly average estimate of -$11.9043. Based on analyst estimates, the high estimate for the next quarter is -$0.39 and the low estimate is -$0.43. The average estimate for the next quarter is thus -$0.41.
