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Red Violet (RDVT) Stock Price, News & Analysis

$25.75
-0.71 (-2.68%)
(As of 07/26/2024 ET)
Today's Range
$25.52
$26.65
50-Day Range
$20.07
$26.46
52-Week Range
$16.56
$26.65
Volume
24,853 shs
Average Volume
45,637 shs
Market Capitalization
$353.55 million
P/E Ratio
25.25
Dividend Yield
N/A
Price Target
$25.00

Red Violet MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.9% Downside
$25.00 Price Target
Short Interest
Bearish
6.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
24.39%
From $0.41 to $0.51 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.

1.51 out of 5 stars

Computer And Technology Sector

506th out of 612 stocks

Prepackaged Software Industry

168th out of 202 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

“Generational Bull Run” Incoming
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“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Red Violet Inc Ordinary Shares
FOREWARN Partners with Virginia REALTORS®
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:RDVT
Fax
N/A
Employees
140
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
-2.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$13.53 million
Pretax Margin
8.72%

Debt

Sales & Book Value

Annual Sales
$60.20 million
Cash Flow
$0.88 per share
Book Value
$6.18 per share

Miscellaneous

Free Float
12,427,000
Market Cap
$353.55 million
Optionable
Optionable
Beta
1.49
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Key Executives

  • Mr. Derek Dubner (Age 52)
    Chairman & CEO
    Comp: $826.97k
  • Mr. James Patrick Reilly (Age 50)
    President
    Comp: $794.33k
  • Mr. Daniel MacLachlan (Age 45)
    Chief Financial Officer
    Comp: $794.33k
  • 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

How have RDVT shares performed this year?

Red Violet's stock was trading at $19.97 at the beginning of the year. Since then, RDVT shares have increased by 28.9% and is now trading at $25.75.
View the best growth stocks for 2024 here
.

How were Red Violet's earnings last quarter?

Red Violet, Inc. (NASDAQ:RDVT) issued its quarterly earnings data on Wednesday, May, 8th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.08. The company had revenue of $17.51 million for the quarter, compared to analysts' expectations of $16.58 million. Red Violet had a net margin of 23.14% and a trailing twelve-month return on equity of 17.94%.

Who are Red Violet's major shareholders?

Red Violet's top institutional shareholders include Cove Street Capital LLC (0.84%), Bank of New York Mellon Corp (0.30%) and Legato Capital Management LLC (0.17%). Insiders that own company stock include Miami Jewish Federatio Greater 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.
Compare Top Brokerages Here.

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 Fluent (FLNT), (TECU) (TECU), Cogent Biosciences (COGT), ADDvantage Technologies Group (AEY), AK Steel (AKS), Cronos Group (CRON) and Frontline (FRO).

This page (NASDAQ:RDVT) was last updated on 7/26/2024 by MarketBeat.com Staff

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