RPD Stock Overview
Rapid7, Inc. provides cyber security solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$67.76|
|52 Week High||US$145.00|
|52 Week Low||US$60.42|
|1 Month Change||-8.37%|
|3 Month Change||1.93%|
|1 Year Change||-39.76%|
|3 Year Change||18.75%|
|5 Year Change||335.76%|
|Change since IPO||168.04%|
Recent News & Updates
Barclays cuts PT on Rapid7, reaffirms Overweight rating on ARR upside
Barclays on Tuesday cut its price target on Rapid7 (NASDAQ:RPD) in a Q2 preview note to $92 from $110, implying a potential upside of 26% to its last close. The brokerage maintained its Overweight rating on RPD, citing ARR upside, in-line with Wall Street's bullish rating (7 Strong Buy, 5 Buy, 3 Hold). However, SA Quant's rating on RPD is Hold, with the stock faring poorly in terms of valuation factor grade. RPD stock, which slid as much as 5.8% on Tuesday, has fallen 41% YTD.
|RPD||US Software||US Market|
Return vs Industry: RPD underperformed the US Software industry which returned -17.7% over the past year.
Return vs Market: RPD underperformed the US Market which returned -12.9% over the past year.
|RPD Average Weekly Movement||7.2%|
|Software Industry Average Movement||10.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: RPD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RPD's weekly volatility (7%) has been stable over the past year.
About the Company
Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk management solution that is designed to provide a way to collect vulnerability data, prioritize risk, and automate remediation; InsightAppSec, which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect, a security orchestration and automation response solution that is used by security professionals.
Rapid7 Fundamentals Summary
|RPD fundamental statistics|
Is RPD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RPD income statement (TTM)|
|Cost of Revenue||US$198.92m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-2.84|
|Net Profit Margin||-27.08%|
How did RPD perform over the long term?See historical performance and comparison
Is RPD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RPD?
Other financial metrics that can be useful for relative valuation.
|What is RPD's n/a Ratio?|
Price to Sales Ratio vs Peers
How does RPD's PS Ratio compare to its peers?
|RPD PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
TENB Tenable Holdings
VRNS Varonis Systems
Price-To-Sales vs Peers: RPD is good value based on its Price-To-Sales Ratio (6.5x) compared to the peer average (9.1x).
Price to Earnings Ratio vs Industry
How does RPD's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Sales vs Industry: RPD is expensive based on its Price-To-Sales Ratio (6.5x) compared to the US Software industry average (5.2x)
Price to Sales Ratio vs Fair Ratio
What is RPD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||6.5x|
|Fair PS Ratio||7.5x|
Price-To-Sales vs Fair Ratio: RPD is good value based on its Price-To-Sales Ratio (6.5x) compared to the estimated Fair Price-To-Sales Ratio (7.5x).
Share Price vs Fair Value
What is the Fair Price of RPD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RPD ($67.76) is trading above our estimate of fair value ($62.09)
Significantly Below Fair Value: RPD is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Rapid7 forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RPD is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RPD is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RPD is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RPD's revenue (20.5% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: RPD's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RPD is forecast to be unprofitable in 3 years.
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How has Rapid7 performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RPD is currently unprofitable.
Growing Profit Margin: RPD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RPD is unprofitable, and losses have increased over the past 5 years at a rate of 29.8% per year.
Accelerating Growth: Unable to compare RPD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RPD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.5%).
Return on Equity
High ROE: RPD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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How is Rapid7's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RPD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RPD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RPD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RPD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RPD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RPD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.7% per year.
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What is Rapid7 current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RPD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RPD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RPD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RPD's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RPD has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Corey Thomas (46 yo)
Mr. Corey E. Thomas has been Deputy Chairman of Federal Reserve Bank of Boston since January 1, 2021. He serves as Director at LPL Financial Holdings Inc. since May 08, 2019. He has been the Chief Executiv...
CEO Compensation Analysis
Compensation vs Market: Corey's total compensation ($USD10.63M) is above average for companies of similar size in the US market ($USD6.58M).
Compensation vs Earnings: Corey's compensation has increased whilst the company is unprofitable.
Experienced Management: RPD's management team is considered experienced (3.6 years average tenure).
Experienced Board: RPD's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RPD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.
Rapid7, Inc.'s employee growth, exchange listings and data sources
- Name: Rapid7, Inc.
- Ticker: RPD
- Exchange: NasdaqGM
- Founded: 2000
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: US$3.978b
- Shares outstanding: 58.70m
- Website: https://www.rapid7.com
Number of Employees
- Rapid7, Inc.
- 120 Causeway Street
- Suite 400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/07 00:00|
|End of Day Share Price||2022/08/05 00:00|
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.