What 4 Analyst Ratings Have To Say About Rush Street Interactive

Rush Street Interactive RSI underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

In the assessment of 12-month price targets, analysts unveil insights for Rush Street Interactive, presenting an average target of $16.25, a high estimate of $17.00, and a low estimate of $15.00. Marking an increase of 10.17%, the current average surpasses the previous average price target of $14.75.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Rush Street Interactive among financial experts becomes clear with a thorough analysis 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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.

Capture valuable insights into Rush Street Interactive's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

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About Rush Street Interactive

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.

A Deep Dive into Rush Street Interactive's Financials

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Rush Street Interactive displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 36.63%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Rush Street Interactive's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 0.51%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Rush Street Interactive's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.79%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Rush Street Interactive's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.34% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Rush Street Interactive's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.08.

The Significance of Analyst Ratings Explained

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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