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NASDAQ:RMNI

Rimini Street (RMNI) Stock Price, News & Analysis

$3.13
+0.04 (+1.29%)
(As of 07/26/2024 ET)
Today's Range
$3.08
$3.16
50-Day Range
$2.42
$3.16
52-Week Range
$2.01
$3.43
Volume
259,214 shs
Average Volume
226,411 shs
Market Capitalization
$282.98 million
P/E Ratio
13.04
Dividend Yield
N/A
Price Target
$4.50

Rimini Street MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
43.8% Upside
$4.50 Price Target
Short Interest
Bearish
5.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Rimini Street in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.90%
From $0.29 to $0.31 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.

3.46 out of 5 stars

Computer And Technology Sector

271st out of 612 stocks

Business Services, Not Elsewhere Classified Industry

52nd out of 93 stocks

RMNI stock logo

About Rimini Street Stock (NASDAQ:RMNI)

Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

RMNI Stock Price History

RMNI Stock News Headlines

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625,000% Gain
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See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/27/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:RMNI
Fax
N/A
Employees
2,120
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$4.50
Low Stock Price Target
$4.50
Potential Upside/Downside
+43.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
1 Analysts

Profitability

Net Income
$26.06 million
Pretax Margin
7.94%

Debt

Sales & Book Value

Annual Sales
$431.50 million
Cash Flow
$0.50 per share
Book Value
($0.44) per share

Miscellaneous

Free Float
53,053,000
Market Cap
$282.98 million
Optionable
Optionable
Beta
1.29
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RMNI Stock Analysis - Frequently Asked Questions

How have RMNI shares performed this year?

Rimini Street's stock was trading at $3.27 at the start of the year. Since then, RMNI shares have decreased by 4.3% and is now trading at $3.13.
View the best growth stocks for 2024 here
.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) announced its quarterly earnings results on Thursday, May, 2nd. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by $0.05. The business had revenue of $106.75 million for the quarter, compared to the consensus estimate of $107.62 million. Rimini Street had a negative trailing twelve-month return on equity of 66.46% and a net margin of 5.02%.

Who are Rimini Street's major shareholders?

Top institutional investors of Rimini Street include Bank of New York Mellon Corp (0.34%), Patriot Financial Group Insurance Agency LLC (0.09%), Gerber LLC (0.04%) and Allspring Global Investments Holdings LLC (0.04%). Insiders that own company stock include Gpiac, Llc, Brian Slepko, Seth A Ravin, David W Rowe, Sebastian Grady, Steven Salaets, Michael L Perica, Gerard Brossard, Kevin Maddock and Nancy Lyskawa.
View institutional ownership trends
.

How do I buy shares of Rimini Street?

Shares of RMNI 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 Rimini Street own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rimini Street investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Vista Outdoor (VSTO) and AutoZone (AZO).

This page (NASDAQ:RMNI) was last updated on 7/27/2024 by MarketBeat.com Staff

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