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NASDAQ:RPD

Rapid7 (RPD) Stock Price, News & Analysis

Rapid7 logo
$42.86 +0.42 (+0.99%)
(As of 11/22/2024 ET)

About Rapid7 Stock (NASDAQ:RPD)

Key Stats

Today's Range
$42.26
$43.09
50-Day Range
$33.83
$42.86
52-Week Range
$32.94
$61.88
Volume
861,671 shs
Average Volume
912,621 shs
Market Capitalization
$2.71 billion
P/E Ratio
68.03
Dividend Yield
N/A
Price Target
$44.59
Consensus Rating
Hold

Company Overview

Rapid7, Inc. provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names. The company offers endpoint to cloud data collection and sharing applications, such as Rapid7 Insight Agent, a software-based agent that is used on assets across on-premises and cloud environments to centralize and monitor data on company's platform; Rapid7 Insight Network Sensor that analyzes raw end-to-end network traffic to increase visibility into user activity, pinpoint real threats, and investigations; Rapid7 Cloud Event Data Harvesting that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions. It also offers various platforms, including Rapid7 managed threat complete consisting of managed detection response that delivers end-to-end threat detection and response, as well as offloads day-to-day vulnerability management operations. In addition, it provides Rapid7 threat complete consisting of InsightIDR, a security information and event management, and extended detection and response solution; and InsightVM, a vulnerability management solution that provides visibility across on-premise and remote endpoints for security teams to evaluate the business risks, and configurations, and share with their IT counterparts for remediation. Further, the company offers Rapid7 cloud risk complete, which includes InsightCloudSec, a cloud risk and compliance management solution; and InsightAppSec, a dynamic application security testing tool. It also provides professional services. It serves a range of industries, including business services, pharmaceuticals, technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, travel and transportation, government, online services, telecommunications, and professional services. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.

Rapid7 Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
35th Percentile Overall Score

RPD MarketRank™: 

Rapid7 scored higher than 35% of companies evaluated by MarketBeat, and ranked 497th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Rapid7 has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 6 buy ratings, 14 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Rapid7 has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Rapid7's stock forecast and price target.
  • Earnings Growth

    Earnings for Rapid7 are expected to grow by 3.06% in the coming year, from $0.98 to $1.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Rapid7 is 68.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Rapid7 is 68.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 217.80.

  • Read more about Rapid7's valuation and earnings.
  • Percentage of Shares Shorted

    5.35% of the outstanding shares of Rapid7 have been sold short.
  • Short Interest Ratio / Days to Cover

    Rapid7 has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in Rapid7 has recently increased by 3.05%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Rapid7 does not currently pay a dividend.

  • Dividend Growth

    Rapid7 does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.35% of the outstanding shares of Rapid7 have been sold short.
  • Short Interest Ratio / Days to Cover

    Rapid7 has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in Rapid7 has recently increased by 3.05%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Rapid7 has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Rapid7 this week, compared to 6 articles on an average week.
  • Search Interest

    Only 1 people have searched for RPD on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Rapid7 to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Rapid7 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $146,520.00 in company stock.

  • Percentage Held by Insiders

    Only 2.60% of the stock of Rapid7 is held by insiders.

  • Percentage Held by Institutions

    95.66% of the stock of Rapid7 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Rapid7's insider trading history.
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RPD Stock News Headlines

Rapid7 (NASDAQ:RPD) Stock Rating Lowered by StockNews.com
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Rapid7’s MXDR services adds coverage for Microsoft telemetry
We Think Rapid7's (NASDAQ:RPD) Robust Earnings Are Conservative
See More Headlines

RPD Stock Analysis - Frequently Asked Questions

Rapid7's stock was trading at $57.10 at the beginning of 2024. Since then, RPD shares have decreased by 24.9% and is now trading at $42.86.
View the best growth stocks for 2024 here
.

Rapid7, Inc. (NASDAQ:RPD) issued its quarterly earnings results on Wednesday, November, 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.14. The company's revenue for the quarter was up 8.0% on a year-over-year basis.

Rapid7 (RPD) raised $91 million in an initial public offering (IPO) on Friday, July 17th 2015. The company issued 6,500,000 shares at a price of $13.00-$15.00 per share. Morgan Stanley and Barclays served as the underwriters for the IPO and Pacific Crest Securities, William Blair, Raymond James and Cowen and Company were co-managers.

Top institutional investors of Rapid7 include Point72 Asset Management L.P. (5.13%), Geode Capital Management LLC (2.31%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (1.71%) and Penserra Capital Management LLC (1.66%). Insiders that own company stock include Corey E Thomas, Andrew F Burton, Timothy M Adams, Marc Evan Brown, Reeny Sondhi and Thomas E Schodorf.
View institutional ownership trends
.

Shares of RPD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Rapid7 investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), CrowdStrike (CRWD) and ServiceNow (NOW).

Company Calendar

Last Earnings
11/06/2024
Today
11/24/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:RPD
Employees
2,228
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.59
High Stock Price Target
$52.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
20 Analysts

Profitability

Net Income
$-149,260,000.00
Pretax Margin
6.65%

Debt

Sales & Book Value

Annual Sales
$777.71 million
Cash Flow
$0.85 per share
Book Value
($0.10) per share

Miscellaneous

Free Float
61,564,000
Market Cap
$2.71 billion
Optionable
Optionable
Beta
0.96

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This page (NASDAQ:RPD) was last updated on 11/24/2024 by MarketBeat.com Staff
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