Rapid7, Inc. (NASDAQ:RPD) is set to release its earnings data after the market closes on Tuesday, November 7th. Analysts expect Rapid7 to post earnings of ($0.17) per share for the quarter. Rapid7 has set its Q3 guidance at ($0.18-0.16) EPS and its FY17 guidance at ($0.64-0.61) EPS.

Rapid7 (NASDAQ:RPD) last issued its quarterly earnings results on Monday, August 7th. The technology company reported ($0.26) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.30) by $0.04. Rapid7 had a negative net margin of 23.67% and a negative return on equity of 98.26%. The company had revenue of $47.44 million during the quarter, compared to analyst estimates of $46.31 million. During the same quarter last year, the business posted ($0.22) EPS. Rapid7’s quarterly revenue was up 27.3% compared to the same quarter last year. On average, analysts expect Rapid7 to post $-1.07 EPS for the current fiscal year and $-0.98 EPS for the next fiscal year.

Shares of Rapid7, Inc. (NASDAQ:RPD) opened at 17.76 on Tuesday. The stock’s 50 day moving average is $17.70 and its 200 day moving average is $17.70. Rapid7, Inc. has a 52 week low of $10.63 and a 52 week high of $19.29. The stock’s market cap is $765.65 million.

Several research analysts have recently weighed in on RPD shares. ValuEngine cut shares of Rapid7 from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. BidaskClub cut shares of Rapid7 from a “hold” rating to a “sell” rating in a report on Friday, July 28th. KeyCorp reissued a “buy” rating and set a $25.00 price objective on shares of Rapid7 in a report on Friday, October 6th. Zacks Investment Research cut shares of Rapid7 from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Finally, UBS AG raised shares of Rapid7 from a “neutral” rating to a “positive” rating and set a $20.00 price objective for the company in a report on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $20.50.

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In other Rapid7 news, Chairman Alan Matthews sold 52,770 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $17.22, for a total transaction of $908,699.40. Following the completion of the sale, the chairman now directly owns 3,152,177 shares of the company’s stock, valued at $54,280,487.94. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Lee David Weiner sold 21,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $16.64, for a total transaction of $349,440.00. Following the sale, the insider now directly owns 77,212 shares of the company’s stock, valued at $1,284,807.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 114,895 shares of company stock valued at $1,979,911. 56.90% of the stock is owned by corporate insiders.

Rapid7 Company Profile

Rapid7, Inc is a provider analytics for security and information technology (IT) operations that enable organizations to implement an analytics-driven approach to cyber security and IT operations. The Company’s analytics enable organizations to contextualize and prioritize the threats facing their physical, virtual and cloud assets, including those posed by the behaviors of their users.

Earnings History for Rapid7 (NASDAQ:RPD)

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