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Rimini Street Inc (RMNI)
NASDAQ:RMNI
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RMNI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.53 - $3.43
Previous CloseN/A
Volume56.69K
Average Volume (3M)448.95K
Market Cap
$271.85M
Enterprise Value$130.64M
Total Cash (Recent Filing)$1.55K
Total Debt (Recent Filing)$1.90M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Feb 26, 2025EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.37
Shares Outstanding90,920,000
10 Day Avg. Volume285,129
30 Day Avg. Volume448,953
Standard Deviation0.20
R-Squared0.12
Alpha-0.00220
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.64
Price to Cash Flow (P/CF)-3.70
P/FCF Ratio0.00
Enterprise Value/Market Cap0.48
Enterprise Value/Revenue0.31
Enterprise Value/Gross Profit0.49
Enterprise Value/Ebitda-2.91
Forecast
1Y Price Target
$3.08Price Target Upside2.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Rimini Street News
PremiumCompany Announcements
Rimini Street Reports Third Quarter 2024 Earnings
PremiumCompany Announcements
Rimini Street Reports Mixed Q3 2024 Financial ResultsOwnership Overview
65.89% Insiders
10.06% Mutual Funds
0.05% Other Institutional Investors
16.52% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RMNI FAQ
What was Rimini Street Inc’s price range in the past 12 months?
Rimini Street Inc lowest stock price was $1.53 and its highest was $3.43 in the past 12 months.
What is Rimini Street Inc’s market cap?
Rimini Street Inc’s market cap is $271.85M.
When is Rimini Street Inc’s upcoming earnings report date?
Rimini Street Inc’s upcoming earnings report date is Feb 26, 2025 which is in 26 days.
How were Rimini Street Inc’s earnings last quarter?
Rimini Street Inc released its earnings results on Oct 30, 2024. The company reported $0.224 earnings per share for the quarter, beating the consensus estimate of $0.048 by $0.176.
Is Rimini Street Inc overvalued?
According to Wall Street analysts Rimini Street Inc’s price is currently Undervalued.
Does Rimini Street Inc pay dividends?
Rimini Street Inc does not currently pay dividends.
What is Rimini Street Inc’s EPS estimate?
Rimini Street Inc’s EPS estimate is 0.1.
How many shares outstanding does Rimini Street Inc have?
Rimini Street Inc has 90,920,000 shares outstanding.
What happened to Rimini Street Inc’s price movement after its last earnings report?
Rimini Street Inc reported an EPS of $0.224 in its last earnings report, beating expectations of $0.048. Following the earnings report the stock price went down -5.917%.
Which hedge fund is a major shareholder of Rimini Street Inc?
Among the largest hedge funds holding Rimini Street Inc’s share is Diamond Hill Capital Management Inc. It holds Rimini Street Inc’s shares valued at 3M.
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Rimini Street Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.08 (2.67% Upside)
$3.08 (2.67% Upside)
Blogger Sentiment
Bullish
RMNI Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 162.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 3.0%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.56%
12-Months-Change
Fundamentals
Return on Equity
43.74%
Trailing 12-Months
Asset Growth
2.65%
Trailing 12-Months
Company Description
Rimini Street Inc
Rimini Street, Inc. engages in the provision of enterprise software support products and services. It offers product support; global tax, legal, and regulatory update; security support; proactive support; advanced technology; license advisory; and onboarding and archiving. The company was founded by Seth A. Ravin and Thomas C. Shay on September 8, 2005 and is headquartered in Las Vegas, NV.
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RMNI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were notable achievements such as an improvement in billings, a significant new partnership with ServiceNow, and successful cost optimization efforts, these were offset by challenges including a decline in revenue, substantial litigation costs, and a net loss for the quarter. The wind down of PeopleSoft services also contributed to revenue decline. The company's strategic actions indicate potential for future growth, but current financial results show challenges.Read More>---
RMNI Stock 12 Month Forecast
Average Price Target
$3.08
▲(2.67% Upside)
Technical Analysis
Best Analysts Covering RMNI
1 Year
1 Year Success Rate
4/13 ratings generated profit
1 Year Average Return
-5.36%
assigned a buy rating 2 days ago
Copying Jeff Van Rhee's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -5.36% per trade.
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