Red Violet (RDVT) Stock Price, News & Analysis

Company Overview

Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, telecommunication companies, law enforcement and government agencies, collections, law, corporate security, and investigative firms. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida.

Key Stats

• Today's Range: $44.14 to $45.24
• 50-Day Range: $44.11 to $50.96
• 52-Week Range: $21.83 to $52.24
• Volume: 95,255 shs
• Average Volume: 88,605 shs
• Market Capitalization: $620.66 million
• P/E Ratio: 72.89
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Red Violet Stock Analysis - MarketRank™

Red Violet scored higher than 17% of companies evaluated by MarketBeat, and ranked 593rd out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Red Violet.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.88%

Earnings Growth

Earnings for Red Violet are expected to grow by 5.88% in the coming year, from $0.51 to $0.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Red Violet is 72.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Red Violet is 72.89, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 34.23.

Price to Book Value per Share Ratio

Red Violet has a P/B Ratio of 7.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.50% of the float of Red Violet has been sold short.

Short Interest Ratio / Days to Cover

Red Violet has a short interest ratio ("days to cover") of 7.7.

Change versus previous month

Short interest in Red Violet has recently increased by 7.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Red Violet does not currently pay a dividend.

Dividend Growth

Red Violet does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.50% of the float of Red Violet has been sold short.

Short Interest Ratio / Days to Cover

Red Violet has a short interest ratio ("days to cover") of 7.7.

Change versus previous month

Short interest in Red Violet has recently increased by 7.04%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.29

News Sentiment

Red Violet has a news sentiment score of 1.29. 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 higher news sentiment than the 0.93 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Red Violet this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for RDVT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

3 people have added Red Violet to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Red Violet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $693,100.00 in company stock.

Percentage Held by Insiders

Only 8.90% of the stock of Red Violet is held by insiders.

Percentage Held by Institutions

63.56% of the stock of Red Violet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RDVT Stock Analysis - Frequently Asked Questions

How have RDVT shares performed this year?

Red Violet's stock was trading at $36.20 at the start of the year. Since then, RDVT stock has increased by 22.8% and is now trading at $44.46.

How were Red Violet's earnings last quarter?

Red Violet, Inc. (NASDAQ:RDVT) posted its earnings results on Thursday, March, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $15.06 million for the quarter. Red Violet had a trailing twelve-month return on equity of 10.01% and a net margin of 10.87%.
Read the conference call transcript.

Who are Red Violet's major shareholders?

Top institutional shareholders of Red Violet include Annex Advisory Services LLC (0.47%), Precision Wealth Strategies LLC (0.13%), CWM LLC (0.03%) and USA Financial Formulas (0.02%). Insiders that own company stock include Miami Jewish Federatio Greater, Derek Dubner, James Patrick Reilly, Jeffrey Alan Dell, Steven D Rubin and Peter Benz.
View institutional ownership trends.

How do I buy shares of Red Violet?

Shares of RDVT 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.

What other stocks do shareholders of Red Violet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Red Violet investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Alphabet (GOOG), Netflix (NFLX) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 3/07/2024
• Today: 7/25/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Internet Software/Services
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:RDVT
• CIK: 1720116
• Web: www.redviolet.com
• Phone: (561) 757-4000
• Fax: N/A
• Employees: 140
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.61
• Trailing P/E Ratio: 72.89
• Forward P/E Ratio: 87.18
• P/E Growth: N/A
• Net Income: $7 million
• Net Margins: 10.87%
• Pretax Margin: 14.42%
• Return on Equity: 10.01%
• Return on Assets: 9.21%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 9.00
• Quick Ratio: 9.00

Sales & Book Value

• Annual Sales: $75.19 million
• Price / Sales: 8.25
• Cash Flow: $1.24 per share
• Price / Cash Flow: 35.90
• Book Value: $6.28 per share
• Price / Book: 7.08

Miscellaneous

• Outstanding Shares: 13,960,000
• Free Float: 12,714,000
• Market Cap: $620.66 million
• Optionable: Optionable
• Beta: 1.76