NASDAQ:RDVT

Red Violet (RDVT) Stock Price, News & Analysis

$17.43
-0.40 (-2.24%)
(As of 04/22/2024 ET)
Today's Range
$17.34
$17.91
50-Day Range
$17.49
$20.45
52-Week Range
$15.66
$23.30
Volume
26,852 shs
Average Volume
39,910 shs
Market Capitalization
$243.32 million
P/E Ratio
18.54
Dividend Yield
N/A
Price Target
$25.00

Red Violet MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.4% Upside
$25.00 Price Target
Short Interest
Bearish
6.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Red Violet in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
78.95%
From $0.19 to $0.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.11 out of 5 stars

Computer And Technology Sector

290th out of 589 stocks

Prepackaged Software Industry

100th out of 201 stocks

RDVT stock logo

About Red Violet Stock (NASDAQ:RDVT)

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.

RDVT Stock Price History

RDVT Stock News Headlines

Red Violet (NASDAQ:RDVT) Trading Down 1.1%
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Red Violet Inc (RDVT)
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
FOREWARN Partners with Austin Board of REALTORS®
Q4 2023 Red Violet Inc Earnings Call
Red Violet Insider Ups Holding By 4,802% During Year
Red Violet OKs additional $5M stock buyback
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/22/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:RDVT
Fax
N/A
Employees
183
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$25.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+43.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$13.53 million
Pretax Margin
6.38%

Debt

Sales & Book Value

Annual Sales
$60.20 million
Cash Flow
$0.85 per share
Book Value
$6.18 per share

Miscellaneous

Free Float
12,512,000
Market Cap
$243.32 million
Optionable
Optionable
Beta
1.14
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Key Executives

  • Mr. Derek Dubner (Age 52)
    Chairman & CEO
    Comp: $782.63k
  • Mr. James Patrick Reilly (Age 50)
    President
    Comp: $753.1k
  • Mr. Daniel MacLachlan (Age 45)
    Chief Financial Officer
    Comp: $753.1k
  • Mr. Angus Macnab
    Chief Technology Officer
  • Mr. Jeffrey Alan Dell (Age 52)
    Chief Information Officer
  • Camilo Ramirez
    Director of Finance & Investor Relations
  • Mr. Joshua Weingard
    Corporate Counsel & Corporate Secretary
  • Mr. Jonathan McDonald
    Executive Vice President of Public Sector

RDVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Red Violet stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Red Violet in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RDVT shares.
View RDVT analyst ratings
or view top-rated stocks.

What is Red Violet's stock price target for 2024?

1 equities research analysts have issued 12-month target prices for Red Violet's stock. Their RDVT share price targets range from $25.00 to $25.00. On average, they expect the company's share price to reach $25.00 in the next year. This suggests a possible upside of 43.4% from the stock's current price.
View analysts price targets for RDVT
or view top-rated stocks among Wall Street analysts.

How have RDVT shares performed in 2024?

Red Violet's stock was trading at $19.97 on January 1st, 2024. Since then, RDVT stock has decreased by 12.7% and is now trading at $17.43.
View the best growth stocks for 2024 here
.

When is Red Violet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our RDVT earnings forecast
.

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 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 16.92% and a net margin of 22.47%.

What other stocks do shareholders of Red Violet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Red Violet investors own include Fluent (FLNT), (TECU) (TECU), Cogent Biosciences (COGT), ADDvantage Technologies Group (AEY), AK Steel (AKS), Cronos Group (CRON), Frontline (FRO), Alcoa (AA), Corbus Pharmaceuticals (CRBP) and Dropcar (DCAR).

Who are Red Violet's major shareholders?

Red Violet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (4.76%). Insiders that own company stock include Miami Jewish Federatio Greater, Peter Benz and William Paul Livek.
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.
Compare Top Brokerages Here.

This page (NASDAQ:RDVT) was last updated on 4/22/2024 by MarketBeat.com Staff

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