Assessing Rush Street Interactive: Insights From 8 Financial Analysts

Across the recent three months, 8 analysts have shared their insights on Rush Street Interactive RSI, expressing a variety of opinions spanning from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Rush Street Interactive, presenting an average target of $7.25, a high estimate of $9.00, and a low estimate of $6.00. This current average has increased by 15.26% from the previous average price target of $6.29.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Rush Street Interactive among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Rush Street Interactive. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Rush Street Interactive compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Rush Street Interactive's stock. This examination reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Rush Street Interactive's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Rush Street Interactive analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Rush Street Interactive Better

Rush Street Interactive Inc is an online gaming and entertainment company that focuses primarily on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.

Rush Street Interactive's Financial Performance

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Positive Revenue Trend: Examining Rush Street Interactive's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 14.79% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.

Net Margin: Rush Street Interactive's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -2.46%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Rush Street Interactive's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -8.19%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Rush Street Interactive's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -1.37%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Rush Street Interactive's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.