Rapid7, Inc. is a provider analytics for security and information technology (IT) operations that enable organizations to implement an analytics-driven approach to cyber security and IT operations. The Company's analytics enable organizations to contextualize and prioritize the threats facing their physical, virtual and cloud assets, including those posed by the behaviors of their users. Leveraging its IT data and analytics platform, its solutions enable organizations to manage their cyber security exposure and manage IT operations. Its solutions empower organizations to prevent attacks by providing visibility into vulnerabilities, and allow them to detect compromises, respond to breaches and correct the underlying causes of attacks. By providing a unified IT and security platform, with automated workflow, it enables IT and security to work together to develop, operate and secure their environment.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Software - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:RPD
- CUSIP: N/A
- Web: www.rapid7.com
- Market Cap: $714.65 million
- Outstanding Shares: 43,111,000
- 50 Day Moving Avg: $16.32
- 200 Day Moving Avg: $16.15
- 52 Week Range: $10.63 - $19.29
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -17.18
- P/E Growth: -1.07
- Annual Revenue: $178.06 million
- Price / Sales: 4.08
- Book Value: $0.80 per share
- Price / Book: 21.05
- EBIDTA: ($36,890,000.00)
- Net Margins: -23.67%
- Return on Equity: -98.26%
- Return on Assets: -16.93%
- Current Ratio: 0.94%
- Quick Ratio: 0.94%
- Average Volume: 270,720 shs.
- Beta: 0.65
- Short Ratio: 2.57
Frequently Asked Questions for Rapid7 (NASDAQ:RPD)
What is Rapid7's stock symbol?
Rapid7 trades on the NASDAQ under the ticker symbol "RPD."
How were Rapid7's earnings last quarter?
Rapid7, Inc. (NASDAQ:RPD) posted its quarterly earnings results on Monday, August, 7th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.30) by $0.04. The business earned $47.44 million during the quarter, compared to analyst estimates of $46.31 million. Rapid7 had a negative net margin of 23.67% and a negative return on equity of 98.26%. The company's revenue was up 27.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.22) earnings per share. View Rapid7's Earnings History.
What guidance has Rapid7 issued on next quarter's earnings?
Rapid7 updated its FY17 earnings guidance on Monday, August, 7th. The company provided earnings per share guidance of ($0.64-0.61) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.63). The company issued revenue guidance of $195-198 million, compared to the consensus revenue estimate of $196.00 million.Rapid7 also updated its Q3 guidance to ($0.18-0.16) EPS.
Where is Rapid7's stock going? Where will Rapid7's stock price be in 2017?
7 analysts have issued 12-month price targets for Rapid7's shares. Their predictions range from $11.50 to $23.00. On average, they anticipate Rapid7's stock price to reach $19.93 in the next year. View Analyst Ratings for Rapid7.
Who are some of Rapid7's key competitors?
Some companies that are related to Rapid7 include Bottomline Technologies (EPAY), MINDBODY (MB), Everbridge (EVBG), MobileIron (MOBL), Magic Software Enterprises (MGIC), Accesso Technology Group PLC (ACSO), Okta (OKTA), Wandisco PLC (WAND), CommerceHub (CHUBA), Gridsum Holding (GSUM), Park City Group (PCYG), Alteryx (AYX), Amber Road (AMBR), Exa Corporation (EXA), Merge Healthcare (MRGE), Majesco (MJCO), Ideagen PLC (IDEA) and RealNetworks (RNWK).
Who are Rapid7's key executives?
Rapid7's management team includes the folowing people:
- Alan Matthews, Independent Chairman of the Board
- Corey E. Thomas, President, Chief Executive Officer, Director
- Jeffrey A. Kalowski, Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer
- Andrew F. Burton, Chief Operating Officer
- Richard Moseley, Senior Vice President - International Sales
- Michael George McKee, Senior Vice President - Services & Customer Success
- Lee David Weiner, Senior Vice President - Products & Engineering
- Marcus V. Brown, Director
- Judy Bruner, Director
- Thomas E. Schodorf, Director
When did Rapid7 IPO?
(RPD) raised $91 million in an initial public offering (IPO) on Friday, July 17th 2015. The company issued 6,500,000 shares at $13.00-$15.00 per share. Morgan Stanley and Barclays acted as the underwriters for the IPO and Pacific Crest Securities, William Blair, Raymond James and Cowen and Company were co-managers.
Who owns Rapid7 stock?
Rapid7's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wasatch Advisors Inc. (4.58%), Vanguard Group Inc. (3.37%), ETF Managers Group LLC (2.67%), Voya Investment Management LLC (2.31%), Laurion Capital Management LP (1.63%) and Frontier Capital Management Co. LLC (1.05%). Company insiders that own Rapid7 stock include Andrew F Burton, Corey E Thomas, Jay C Hoag, Lee David Weiner and Steven Gatoff. View Institutional Ownership Trends for Rapid7.
Who sold Rapid7 stock? Who is selling Rapid7 stock?
Rapid7's stock was sold by a variety of institutional investors in the last quarter, including Trexquant Investment LP, Parallel Advisors LLC, New York State Common Retirement Fund, Russell Investments Group Ltd., Wells Fargo & Company MN, Strs Ohio, Mutual of America Capital Management LLC and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Rapid7 stock in the last year include Andrew F Burton, Corey E Thomas, Jay C Hoag, Lee David Weiner and Steven Gatoff. View Insider Buying and Selling for Rapid7.
Who bought Rapid7 stock? Who is buying Rapid7 stock?
Rapid7's stock was bought by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Laurion Capital Management LP, Wasatch Advisors Inc., Frontier Capital Management Co. LLC, Marshall Wace North America L.P., UBS Oconnor LLC, Vanguard Group Inc. and OxFORD Asset Management LLP. View Insider Buying and Selling for Rapid7.
How do I buy Rapid7 stock?
Shares of Rapid7 can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Rapid7's stock price today?
MarketBeat Community Rating for Rapid7 (NASDAQ RPD)MarketBeat's community ratings are surveys of what our community members think about Rapid7 and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Rapid7 stock can currently be purchased for approximately $16.84.
Consensus Ratings for Rapid7 (NASDAQ:RPD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.86)|
|Consensus Price Target: ||$19.93 (18.34% upside)|
Analysts' Ratings History for Rapid7 (NASDAQ:RPD)
(Data available from 8/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/8/2017||Susquehanna Bancshares Inc||Upgrade||Neutral -> Positive||$20.00||High|
|7/14/2017||Northland Securities||Reiterated Rating||Buy||$23.00||Low|
|5/30/2017||Monness Crespi & Hardt||Initiated Coverage||Buy -> Buy||$23.00||High|
|5/10/2017||Royal Bank Of Canada||Boost Price Target||Outperform -> Outperform||$19.00 -> $22.00||Low|
|4/14/2017||Cowen and Company||Reiterated Rating||Hold||$11.50||N/A|
|2/16/2017||Barclays PLC||Reiterated Rating||Overweight||$16.00 -> $17.00||N/A|
|8/26/2016||Rosenblatt Securities||Initiated Coverage||Buy||$23.00||N/A|
|6/2/2016||Raymond James Financial, Inc.||Reiterated Rating||Buy||N/A|
|5/22/2016||Pacific Crest||Reiterated Rating||Buy||N/A|
|5/12/2016||Morgan Stanley||Reiterated Rating||Hold||N/A|
Earnings History for Rapid7 (NASDAQ:RPD)Earnings History by Quarter for Rapid7 (NASDAQ RPD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 2017||($0.30)||($0.26)||$46.31 million||$47.44 million||View||Listen|
|5/9/2017||Q1 2017||($0.41)||($0.24)||$44.01 million||$45.20 million||View||Listen|
|2/9/2017||Q416||($0.27)||($0.13)||$42.96 million||$45.00 million||View||Listen|
|11/9/2016||Q3 2016||($0.20)||($0.13)||$39.42 million||$40.30 million||View||Listen|
|8/8/2016||Q2||($0.24)||($0.22)||$36.29 million||$37.30 million||View||Listen|
|5/11/2016||Q1||($0.24)||($0.23)||$33.86 million||$34.80 million||View||Listen|
|2/10/2016||Q4||($0.36)||($0.31)||$29.71 million||$32.90 million||View||Listen|
|11/12/2015||Q315||($0.36)||($0.27)||$26.18 million||$28.30 million||View||Listen|
|8/18/2015||Q215||($0.84)||($0.60)||$23.61 million||$25.80 million||View||Listen|
Earnings Estimates for Rapid7 (NASDAQ:RPD)
Current Year EPS Consensus Estimate: $-1.07 EPS
Next Year EPS Consensus Estimate: $-0.98 EPS
Dividend History for Rapid7 (NASDAQ:RPD)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Rapid7 (NASDAQ:RPD)
Insider Ownership Percentage: 56.90%Insider Trades by Quarter for Rapid7 (NASDAQ:RPD)
Institutional Ownership Percentage: 68.52%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/16/2017||Andrew F Burton||COO||Sell||37,843||$16.95||$641,438.85|| |
|6/6/2017||Jay C Hoag||Insider||Sell||1,400,000||$18.00||$25,200,000.00|| |
|12/20/2016||Lee David Weiner||Insider||Sell||15,000||$12.54||$188,100.00|| |
|11/17/2016||Lee David Weiner||Insider||Sell||15,000||$12.00||$180,000.00|| |
|11/7/2016||Corey E Thomas||Insider||Sell||10,000||$13.83||$138,300.00|| |
|10/17/2016||Steven Gatoff||CFO||Sell||15,000||$15.07||$226,050.00|| |
|10/10/2016||Lee David Weiner||Insider||Sell||15,000||$16.72||$250,800.00|| |
|10/5/2016||Corey E Thomas||Insider||Sell||25,000||$18.05||$451,250.00|| |
|9/9/2016||Steven Gatoff||CFO||Sell||15,000||$17.36||$260,400.00|| |
|9/7/2016||Lee David Weiner||Insider||Sell||15,000||$18.29||$274,350.00|| |
|9/6/2016||Corey E Thomas||Insider||Sell||10,000||$18.42||$184,200.00|| |
|7/22/2015||Jay C Hoag||Insider||Buy||312,500||$16.00||$5,000,000.00|| |
Headline Trends for Rapid7 (NASDAQ:RPD)
Latest Headlines for Rapid7 (NASDAQ:RPD)
|Rapid7, Inc. (RPD) Upgraded to "Hold" at BidaskClub|
www.americanbankingnews.com - August 16 at 3:12 PM
|Rapid7, Inc. (NASDAQ:RPD) Downgraded by Zacks Investment Research to "Sell"|
www.americanbankingnews.com - August 12 at 5:42 PM
|Rapid7, Inc. (RPD) Tops Q2 EPS by 5c - StreetInsider.com|
www.streetinsider.com - August 8 at 6:47 AM
|Rapid7 Announces Second Quarter 2017 Financial Results|
finance.yahoo.com - August 8 at 6:47 AM
|Edited Transcript of RPD earnings conference call or presentation 7-Aug-17 8:30pm GMT|
finance.yahoo.com - August 8 at 6:47 AM
|Rapid7 reports 2Q loss|
finance.yahoo.com - August 8 at 6:47 AM
|Rapid7, Inc. (NASDAQ:RPD) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS|
www.americanbankingnews.com - August 7 at 9:16 PM
|Rapid7, Inc. (NASDAQ:RPD) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - August 7 at 6:28 PM
|Rapid7, Inc. (RPD) Updates Q3 Earnings Guidance|
www.americanbankingnews.com - August 7 at 6:28 PM
|Zacks: Brokerages Expect Rapid7, Inc. (NASDAQ:RPD) Will Post Quarterly Sales of $46.30 Million|
www.americanbankingnews.com - August 5 at 7:14 AM
|Rapid7, Inc. (RPD) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - August 4 at 4:54 PM
|Rapid7 to Present at the KeyBanc Capital Markets Global Technology Leadership Forum|
finance.yahoo.com - August 2 at 7:17 AM
|Rapid7, Inc. (NASDAQ:RPD) Stock Rating Lowered by ValuEngine|
www.americanbankingnews.com - August 1 at 11:38 PM
|Rapid7, Inc. (RPD) Cut to Sell at BidaskClub|
www.americanbankingnews.com - July 29 at 12:59 PM
|Flush times for hackers in booming cyber security job market - Nasdaq|
www.nasdaq.com - July 28 at 7:27 AM
|Rapid7, Inc. (RPD) Acquires Security Management & Automation Company, Komand - StreetInsider.com|
www.streetinsider.com - July 19 at 7:23 AM
|Rapid7 snaps up security automation platform Komand|
finance.yahoo.com - July 19 at 7:23 AM
|Rapid7's (NASDAQ:RPD) Buy Rating Reiterated at Northland Securities|
www.americanbankingnews.com - July 15 at 11:18 AM
|$46.20 Million in Sales Expected for Rapid7, Inc. (NASDAQ:RPD) This Quarter|
www.americanbankingnews.com - July 14 at 4:21 PM
|Rapid7, Inc. (NASDAQ:RPD) Downgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - July 12 at 1:03 PM
|-$0.30 EPS Expected for Rapid7, Inc. (NASDAQ:RPD) This Quarter|
www.americanbankingnews.com - July 12 at 8:19 AM
|Rapid7 to Report Second Quarter 2017 Financial Results on August ... - GlobeNewswire (press release)|
globenewswire.com - July 11 at 9:37 PM
|Rapid7 to Report Second Quarter 2017 Financial Results on August 7 - Nasdaq|
www.nasdaq.com - July 11 at 4:34 PM
|Rapid7 to Report Second Quarter 2017 Financial Results on August 7|
finance.yahoo.com - July 11 at 4:34 PM
|ETFs with exposure to Rapid7, Inc. : July 10, 2017|
finance.yahoo.com - July 11 at 7:14 AM
|Rapid7, Inc. (NASDAQ:RPD) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - July 10 at 4:54 PM
|Rapid7 Announces Keynote Speakers and Open Registration for UNITED Summit|
finance.yahoo.com - June 30 at 6:21 AM
|ETFs with exposure to Rapid7, Inc. : June 26, 2017|
finance.yahoo.com - June 27 at 7:54 AM
|Insider Selling: Rapid7, Inc. (RPD) COO Sells 37,843 Shares of Stock|
www.americanbankingnews.com - June 20 at 7:36 PM
|Rapid7, Inc. (RPD) Expected to Announce Quarterly Sales of $46.18 Million|
www.americanbankingnews.com - June 18 at 10:46 AM
|ETFs with exposure to Rapid7, Inc. : June 16, 2017|
finance.yahoo.com - June 16 at 8:37 PM
|Rapid7, Inc. (RPD): Fundamentals Remain Strong, Reiterating Top Pick - Cowen - StreetInsider.com|
www.streetinsider.com - June 16 at 3:36 PM
|Rapid7, Inc. (RPD) Expected to Post Earnings of -$0.30 Per Share|
www.americanbankingnews.com - June 16 at 11:14 AM
|Rapid7, Inc. :RPD-US: Earnings Analysis: Q1, 2017 By the Numbers : June 15, 2017|
finance.yahoo.com - June 16 at 9:27 AM
|Rapid7, Inc. – Value Analysis (NASDAQ:RPD) : June 13, 2017|
finance.yahoo.com - June 13 at 7:41 PM
|Rapid7, Inc. (RPD) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - June 13 at 5:04 PM
|Linux server attack: Patch Samba or risk cryptocurrency mining malware|
finance.yahoo.com - June 12 at 7:10 PM
|Rapid7, Inc. breached its 50 day moving average in a Bearish Manner : RPD-US : June 12, 2017|
finance.yahoo.com - June 12 at 7:10 PM
|Splunk (SPLK) vs. Rapid7 (RPD) Financial Comparison|
www.americanbankingnews.com - June 12 at 6:18 PM
|Rapid7 Inc (RPD) Insider Sells $25,200,000.00 in Stock|
www.americanbankingnews.com - June 7 at 10:21 AM
|Susquehanna Bancshares Inc Initiates Coverage on Rapid7 Inc (RPD)|
www.americanbankingnews.com - June 7 at 9:04 AM
|Rapid7 Inc (RPD) Earns Buy Rating from Analysts at Monness Crespi & Hardt|
www.americanbankingnews.com - May 30 at 7:42 AM
|Newly discovered vulnerability raises fears of another WannaCry|
finance.yahoo.com - May 27 at 7:56 PM
|It's not just Windows anymore: Samba has a major SMB bug|
finance.yahoo.com - May 26 at 6:34 AM
|Rapid7 Launches New Channel Partner Program|
finance.yahoo.com - May 23 at 6:59 PM
|Rapid7 Inc (RPD) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - May 19 at 5:08 PM
|Rapid7 Inc (RPD) Price Target Raised to $22.00|
www.americanbankingnews.com - May 14 at 5:14 PM
|Rapid7, Inc. (RPD): New Product Cycle Drives Optimism for Second ... - StreetInsider.com|
www.streetinsider.com - May 11 at 12:51 AM
|Edited Transcript of RPD earnings conference call or presentation 9-May-17 8:30pm GMT|
finance.yahoo.com - May 11 at 12:51 AM
|Investor Network: Rapid7 Inc. to Host Earnings Call|
finance.yahoo.com - May 10 at 11:09 AM
Rapid7 (RPD) Chart for Friday, August, 18, 2017