Rambus Inc. (RMBS) EPS growth this year is 12.22%: Get Prepared for Trading Lift Off

Witnessing the stock’s movement on the chart, on Wednesday, Rambus Inc. (NASDAQ: RMBS) had a quiet start as it plunged -0.46% to $41.40, before settling in for the price of $41.59 at the close. Taking a more long-term approach, RMBS posted a 52-week range of $37.42-$76.38.

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It was noted that the giant of the Technology sector posted annual sales growth of 16.01% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.22%. This publicly-traded company’s shares outstanding now amounts to $107.85 million, simultaneously with a float of $106.95 million. The organization now has a market capitalization sitting at $4.46 billion.

Rambus Inc. (RMBS) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Semiconductors industry. Rambus Inc.’s current insider ownership accounts for 0.68%, in contrast to 90.18% institutional ownership. According to the most recent insider trade that took place on May 08 ’24, this organization’s Director sold 6,000 shares at the rate of 55.85, making the entire transaction reach 335,100 in total value, affecting insider ownership by 26,422. Preceding that transaction, on May 07 ’24, Company’s Director sold 5,408 for 56.95, making the whole transaction’s value amount to 307,986. This particular insider is now the holder of 32,422 in total.

Rambus Inc. (RMBS) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.

Rambus Inc.’s EPS increase for this current 12-month fiscal period is 12.22% and is forecasted to reach 2.42 in the upcoming year.

Rambus Inc. (NASDAQ: RMBS) Trading Performance Indicators

Let’s observe the current performance indicators for Rambus Inc. (RMBS). It’s Quick Ratio in the last reported quarter now stands at 6.56. The Stock has managed to achieve an average true range (ATR) of 1.61. Alongside those numbers, its PE Ratio stands at $19.78, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.34. Similarly, its price to free cash flow for trailing twelve months is now 23.11.

In the same vein, RMBS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.09, a figure that is expected to reach 0.52 in the next quarter, and analysts are predicting that it will be 2.42 at the market close of one year from today.

Technical Analysis of Rambus Inc. (RMBS)