Analysts have raised their price target for Red Violet to $61.00 from $56.00, citing incremental improvements in fair value estimates and slight adjustments to financial projections.
What's in the News
- Red Violet has completed the repurchase of 538,484 shares, representing 3.87% of its outstanding shares, for $10.42 million under the buyback announced on May 4, 2022 (Key Developments).
- From April 1, 2025, to June 30, 2025, the company did not repurchase any shares and spent $0 million during this period (Key Developments).
Valuation Changes
- Fair Value Estimate has increased from $56 to $61.00, reflecting a modest upward revision.
- Discount Rate has risen slightly from 8.40% to 8.41%.
- Revenue Growth projection remains essentially unchanged at 14.13%.
- Net Profit Margin is stable, with a negligible adjustment from 11.73% to 11.73%.
- Future P/E Ratio has climbed from 69.50x to 75.72x, which indicates higher anticipated earnings multiples.
Disclaimer
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