With 52544.0 shares changed hands, the volume of the stock remained lighter than its average volume of 66660.0 shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $35.95 whereas the lowest price it dropped to was $34.8284. The 52-week range on RDVT shows that it touched its highest point at $39.88 and its lowest point at $16.43 during that stretch. It currently has a 1-year price target of $43.00. Beta for the stock currently stands at 1.49.
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 RDVT was down-trending over the past week, with a drop of -2.54%, but this was down by -8.88% over a month. Three-month performance surged to 35.94% while six-month performance rose 39.57%. The stock gained 89.56% in the past year, while it has lost -2.54% so far this year. A look at the trailing 12-month EPS for RDVT yields 0.36 with Next year EPS estimates of 0.90. For the next quarter, that number is 0.09. This implies an EPS growth rate of 42.61% for this year and 10.39% for next year.
Float and Shares Shorts:
At present, 13.74 million RDVT shares are outstanding with a float of 10.66 million shares on hand for trading. On 2024-12-13, short shares totaled 0.7 million, which was 505.00000000000006 higher than short shares on 1731628800. In addition to Mr. Derek Dubner as the firm’s Chairman & CEO, Mr. James Patrick Reilly serves as its President.
Institutional Ownership:
Through their ownership of 0.60534 of RDVT’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, RDVT reported revenue of $19057000.0 and operating income of $2498000.0. The EBITDA in the recently reported quarter was $4932000.0 and diluted EPS was $0.12.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With RDVT analysts setting a high price target of 43.0 and a low target of 43.0, the average target price over the next 12 months is 43.0. Based on these targets, RDVT could surge 21.88% to reach the target high and rise by 21.88% to reach the target low. Reaching the average price target will result in a growth of 21.88% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.8129 being high and $0.8129 being low. For RDVT, this leads to a yearly average estimate of $0.8129. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
