With 1.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 49610.0 shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $1.4196 whereas the lowest price it dropped to was $1.23. The 52-week range on RDI shows that it touched its highest point at $2.15 and its lowest point at $1.22 during that stretch. It currently has a 1-year price target of $1.75. Beta for the stock currently stands at 1.61.
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 RDI was up-trending over the past week, with a rise of 8.24%, but this was down by -16.87% over a month. Three-month performance dropped to -15.34% while six-month performance fell -1.43%. The stock lost -32.56% in the past year, while it has gained 4.55% so far this year. A look at the trailing 12-month EPS for RDI yields -1.87 with Next year EPS estimates of -0.78. For the next quarter, that number is -0.32. This implies an EPS growth rate of -16.74% for this year and 51.37% for next year.
Float and Shares Shorts:
At present, 20.75 million RDI shares are outstanding with a float of 16.69 million shares on hand for trading. On 2024-10-31, short shares totaled 0.13 million, which was 58.999998 higher than short shares on 1727654400. In addition to Ms. Margaret Cotter as the firm’s Chairperson and Executive VP of Real Estate Management & Development, Mr. S. Craig Tompkins J.D. serves as its Executive VP & General Counsel.
Institutional Ownership:
Through their ownership of 0.49677 of RDI’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 2024-06-30, RDI reported revenue of $60090000.0 and operating income of -$246000.0. The EBITDA in the recently reported quarter was $3314000.0 and diluted EPS was -$0.31.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RDI since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 RDI analysts setting a high price target of 1.75 and a low target of 1.75, the average target price over the next 12 months is 1.75. Based on these targets, RDI could surge 26.81% to reach the target high and rise by 26.81% to reach the target low. Reaching the average price target will result in a growth of 26.81% from current levels.
Analysts have provided yearly estimates in a range of -$1.61105 being high and -$1.61105 being low. For RDI, this leads to a yearly average estimate of -$1.61105.
