With 0.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.04 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $54.81 whereas the lowest price it dropped to was $53.14. The 52-week range on RMBS shows that it touched its highest point at $76.38 and its lowest point at $37.42 during that stretch. It currently has a 1-year price target of $71.33. Beta for the stock currently stands at 1.23.
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 RMBS was down-trending over the past week, with a drop of -1.18%, but this was down by -9.12% over a month. Three-month performance surged to 32.66% while six-month performance fell -11.58%. The stock lost -18.01% in the past year, while it has gained 1.21% so far this year. A look at the trailing 12-month EPS for RMBS yields 1.61 with Next year EPS estimates of 2.45. For the next quarter, that number is 0.58. This implies an EPS growth rate of 11.68% for this year and 23.24% for next year.
Float and Shares Shorts:
At present, 106.58 million RMBS shares are outstanding with a float of 105.87 million shares on hand for trading. On 2024-12-13, short shares totaled 3.19 million, which was 299.0 higher than short shares on 1731628800. In addition to Mr. Luc Seraphin as the firm’s CEO, President & Director, Mr. Desmond Lynch serves as its Senior VP of Finance & CFO.
Institutional Ownership:
Through their ownership of 0.89581 of RMBS’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 2024-09-30, RMBS reported revenue of $145513000.0 and operating income of $50118000.0. The EBITDA in the recently reported quarter was $65466000.0 and diluted EPS was $0.45.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RMBS since 4 analysts follow the stock currently. There are 4 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 RMBS analysts setting a high price target of 90.0 and a low target of 50.0, the average target price over the next 12 months is 68.28571. Based on these targets, RMBS could surge 68.22% to reach the target high and fall by -6.54% to reach the target low. Reaching the average price target will result in a growth of 27.64% from current levels.
Analysts have provided yearly estimates in a range of $2.01675 being high and $1.94213 being low. For RMBS, this leads to a yearly average estimate of $1.98787.
