For its second fiscal quarter (ending June 30), Rapid7 Inc (NASDAQ: RPD) has reported E.P.S. of $0.13 compared to $-1.10 a year ago. Relative to the consensus estimate of $0.52, this was a shortfall of $-0.39. For the latest four quarters through June 30, E.P.S. were $-0.75 versus $-2.22 for the same period a year ago.
Recent Price Action
Rapid7 Inc (NASDAQ: RPD) stock declined modestly by -1.3% on 8/6/24. The stock closed at $33.02. Moreover, unusually high trading volume at 159% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -14.5% during the last week.
Current PriceTarget Research Rating
RPD’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Rapid7 is currently unrated.
Rating Review
The stock is currently unrated.
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