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Red Violet NasdaqCM:RDVT Stock Report

Last Price

US$37.54

Market Cap

US$517.7m

7D

-4.8%

1Y

84.9%

Updated

24 Dec, 2024

Data

Company Financials +

Red Violet, Inc.

NasdaqCM:RDVT Stock Report

Market Cap: US$517.7m

RDVT Stock Overview

A software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. More details

RDVT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 15.36% per year

Risk Analysis

Significant insider selling over the past 3 months

Profit margins (7.2%) are lower than last year (22.4%)


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 1 Analyst

Sales Investments And New Industry Expansion Will Unlock Future Potential In Identity Intelligence

Key Takeaways Strategic onboarding and sales investments are set to boost revenue growth and earnings through upselling and cross-selling opportunities. Expansion into new industries and favorable economic conditions could increase revenue streams and support long-term growth.
View narrative
US$43.00
FV
12.7% undervalued intrinsic discount
14.72%
Revenue growth p.a.
0users have liked this narrative
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1users have followed this narrative
6 days ago author updated this narrative

Red Violet, Inc. Competitors

Mitek Systems

NasdaqCM:MITK

US$514.3m

Consensus Cloud Solutions

NasdaqGS:CCSI

US$455.2m

Materialise

NasdaqGS:MTLS

US$433.0m

Daily Journal

NasdaqCM:DJCO

US$785.4m

Price History & Performance

Summary of share price highs, lows and changes for Red Violet
Historical stock prices
Current Share PriceUS$37.54
52 Week HighUS$39.88
52 Week LowUS$16.56
Beta1.49
1 Month Change-1.50%
3 Month Change27.17%
1 Year Change84.93%
3 Year Change-9.04%
5 Year Change102.81%
Change since IPO-19.09%

Recent News & Updates

Red Violet Q3 Earnings: Margin Growth Leaves Room For Further Upside

Nov 20

Recent updates

Red Violet Q3 Earnings: Margin Growth Leaves Room For Further Upside

Nov 20

Red Violet, Inc.'s (NASDAQ:RDVT) 28% Price Boost Is Out Of Tune With Earnings

Nov 07
Red Violet, Inc.'s (NASDAQ:RDVT) 28% Price Boost Is Out Of Tune With Earnings

What Red Violet, Inc.'s (NASDAQ:RDVT) 28% Share Price Gain Is Not Telling You

Sep 05
What Red Violet, Inc.'s (NASDAQ:RDVT) 28% Share Price Gain Is Not Telling You

We Think That There Are Issues Underlying Red Violet's (NASDAQ:RDVT) Earnings

Aug 15
We Think That There Are Issues Underlying Red Violet's (NASDAQ:RDVT) Earnings

Red Violet (NASDAQ:RDVT) Shareholders Will Want The ROCE Trajectory To Continue

Aug 07
Red Violet (NASDAQ:RDVT) Shareholders Will Want The ROCE Trajectory To Continue

Estimating The Fair Value Of Red Violet, Inc. (NASDAQ:RDVT)

Jun 26
Estimating The Fair Value Of Red Violet, Inc. (NASDAQ:RDVT)

Red Violet, Inc.'s (NASDAQ:RDVT) P/S Is Still On The Mark Following 28% Share Price Bounce

May 28
Red Violet, Inc.'s (NASDAQ:RDVT) P/S Is Still On The Mark Following 28% Share Price Bounce

Here's Why We Think Red Violet (NASDAQ:RDVT) Might Deserve Your Attention Today

May 10
Here's Why We Think Red Violet (NASDAQ:RDVT) Might Deserve Your Attention Today

Red Violet's (NASDAQ:RDVT) Promising Earnings May Rest On Soft Foundations

Nov 19
Red Violet's (NASDAQ:RDVT) Promising Earnings May Rest On Soft Foundations

A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

Nov 17
A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

Red Violet (NASDAQ:RDVT) Might Have The Makings Of A Multi-Bagger

Jun 29
Red Violet (NASDAQ:RDVT) Might Have The Makings Of A Multi-Bagger

Revenues Tell The Story For Red Violet, Inc. (NASDAQ:RDVT) As Its Stock Soars 36%

Jun 08
Revenues Tell The Story For Red Violet, Inc. (NASDAQ:RDVT) As Its Stock Soars 36%

A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

Aug 14
A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

A Look At The Fair Value Of Red Violet, Inc. (NASDAQ:RDVT)

Nov 21
A Look At The Fair Value Of Red Violet, Inc. (NASDAQ:RDVT)

We Take A Look At Why Red Violet, Inc.'s (NASDAQ:RDVT) CEO Compensation Is Well Earned

May 20
We Take A Look At Why Red Violet, Inc.'s (NASDAQ:RDVT) CEO Compensation Is Well Earned

Red Violet (NASDAQ:RDVT) Has Debt But No Earnings; Should You Worry?

Mar 09
Red Violet (NASDAQ:RDVT) Has Debt But No Earnings; Should You Worry?

Did Red Violet's (NASDAQ:RDVT) Share Price Deserve to Gain 16%?

Feb 08
Did Red Violet's (NASDAQ:RDVT) Share Price Deserve to Gain 16%?

Have Insiders Sold Red Violet, Inc. (NASDAQ:RDVT) Shares Recently?

Jan 13
Have Insiders Sold Red Violet, Inc. (NASDAQ:RDVT) Shares Recently?

Here's What Red Violet, Inc.'s (NASDAQ:RDVT) Shareholder Ownership Structure Looks Like

Jan 07
Here's What Red Violet, Inc.'s (NASDAQ:RDVT) Shareholder Ownership Structure Looks Like

Is Red Violet (NASDAQ:RDVT) Using Debt In A Risky Way?

Dec 03
Is Red Violet (NASDAQ:RDVT) Using Debt In A Risky Way?

Red Violet, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 12

Red Violet hits record gross profit in Q3, narrows net loss

Nov 10

Shareholder Returns

RDVTUS SoftwareUS Market
7D-4.8%-3.7%-2.2%
1Y84.9%21.9%23.9%

Return vs Industry: RDVT exceeded the US Software industry which returned 21.9% over the past year.

Return vs Market: RDVT exceeded the US Market which returned 23.9% over the past year.

Price Volatility

Is RDVT's price volatile compared to industry and market?
RDVT volatility
RDVT Average Weekly Movement6.4%
Software Industry Average Movement7.8%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: RDVT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RDVT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017183Derek Dubnerwww.redviolet.com

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.

Red Violet, Inc. Fundamentals Summary

How do Red Violet's earnings and revenue compare to its market cap?
RDVT fundamental statistics
Market capUS$517.74m
Earnings (TTM)US$5.07m
Revenue (TTM)US$70.69m

102.1x

P/E Ratio

7.3x

P/S Ratio

Is RDVT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDVT income statement (TTM)
RevenueUS$70.69m
Cost of RevenueUS$13.86m
Gross ProfitUS$56.82m
Other ExpensesUS$51.75m
EarningsUS$5.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.37
Gross Margin80.39%
Net Profit Margin7.17%
Debt/Equity Ratio0%

How did RDVT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 03:53
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Red Violet, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael NicholsB. Riley Securities, Inc.