Rimini Street Stock Analysis

RMNI Stock  USD 2.05  0.05  2.50%   
Rimini Street is undervalued with Real Value of 2.43 and Target Price of 4.0. The main objective of Rimini Street stock analysis is to determine its intrinsic value, which is an estimate of what Rimini Street is worth, separate from its market price. There are two main types of Rimini Street's stock analysis: fundamental analysis and technical analysis.
The Rimini Street stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Rimini Street's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Rimini Stock Analysis Notes

About 22.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.88. Rimini Street recorded a loss per share of 0.38. The entity had not issued any dividends in recent years. Rimini Street, Inc. provides enterprise software products, services, and support for various industries. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada. Rimini Street operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1870 people. To find out more about Rimini Street contact Seth Ravin at 702 839 9671 or learn more at https://www.riministreet.com.

Rimini Street Investment Alerts

Rimini Street had very high historical volatility over the last 90 days
Rimini Street currently holds 81.98 M in liabilities. Rimini Street has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Rimini Street's use of debt, we should always consider it together with its cash and equity.
About 67.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Rimini Street Stock Surges 5.70 percent Amid Market Activity

Rimini Street Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Rimini Street previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of March 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
View

Rimini Largest EPS Surprises

Earnings surprises can significantly impact Rimini Street's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-03-14
2018-12-310.030.040.0133 
2024-07-31
2024-06-300.090.07-0.0222 
2024-05-02
2024-03-310.10.08-0.0220 
View All Earnings Estimates

Rimini Stock Institutional Investors

Shares
Herald Investment Management Ltd2024-09-30
850 K
Ballast Asset Management, Lp2024-09-30
714.1 K
Dimensional Fund Advisors, Inc.2024-09-30
653.8 K
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
551.5 K
Bridgeway Capital Management, Llc2024-09-30
505.1 K
Charles Schwab Investment Management Inc2024-09-30
444.9 K
Lsv Asset Management2024-09-30
438.3 K
Northern Trust Corp2024-09-30
432.3 K
Bard Associates Inc2024-09-30
345.3 K
Adams Street Partners Llc2024-06-30
23.6 M
Conifer Management, Llc2024-09-30
5.9 M
Note, although Rimini Street's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Rimini Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 181.84 M.

Rimini Profitablity

The company has Profit Margin (PM) of (0.08) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.07 
Return On Capital Employed 0.93  0.98 
Return On Assets 0.07  0.07 
Return On Equity(0.66)(0.63)

Management Efficiency

Rimini Street has return on total asset (ROA) of 0.0689 % which means that it generated a profit of $0.0689 on every $100 spent on assets. This is way below average. Rimini Street's management efficiency ratios could be used to measure how well Rimini Street manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Rimini Street's Return On Tangible Assets are increasing as compared to previous years. The Rimini Street's current Return On Capital Employed is estimated to increase to 0.98, while Return On Equity is forecasted to increase to (0.63). As of now, Rimini Street's Return On Tangible Assets are increasing as compared to previous years. The Rimini Street's current Debt To Assets is estimated to increase to 0.25, while Total Assets are projected to decrease to under 274.4 M.
Last ReportedProjected for Next Year
Book Value Per Share(0.44)(0.47)
Tangible Book Value Per Share(0.44)(0.47)
Enterprise Value Over EBITDA 5.11  5.37 
Price Book Value Ratio(7.37)(7.74)
Enterprise Value Multiple 5.11  5.37 
Price Fair Value(7.37)(7.74)
Enterprise Value880.7 M767.3 M
Leadership effectiveness at Rimini Street is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin
0.1073
Profit Margin
(0.08)
Beta
1.294
Return On Assets
0.0689

Technical Drivers

As of the 25th of November, Rimini Street holds the Risk Adjusted Performance of 0.0576, coefficient of variation of 1542.22, and Semi Deviation of 2.9. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rimini Street, as well as the relationship between them.

Rimini Street Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Rimini Street middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Rimini Street. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Rimini Street Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Rimini Street insiders, such as employees or executives, is commonly permitted as long as it does not rely on Rimini Street's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Rimini Street insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Rimini Street Outstanding Bonds

Rimini Street issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Rimini Street uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Rimini bonds can be classified according to their maturity, which is the date when Rimini Street has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Rimini Street Predictive Daily Indicators

Rimini Street intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Rimini Street stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Rimini Street Forecast Models

Rimini Street's time-series forecasting models are one of many Rimini Street's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Rimini Street's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Rimini Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Rimini Street prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Rimini shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Rimini Street. By using and applying Rimini Stock analysis, traders can create a robust methodology for identifying Rimini entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.10  0.10 
Operating Profit Margin 0.12  0.13 
Net Profit Margin 0.06  0.06 
Gross Profit Margin 0.62  0.49 

Current Rimini Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Rimini analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Rimini analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
4.0Buy4Odds
Rimini Street current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rimini analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rimini stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rimini Street, talking to its executives and customers, or listening to Rimini conference calls.
Rimini Analyst Advice Details

Rimini Stock Analysis Indicators

Rimini Street stock analysis indicators help investors evaluate how Rimini Street stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Rimini Street shares will generate the highest return on investment. By understating and applying Rimini Street stock analysis, traders can identify Rimini Street position entry and exit signals to maximize returns.
Begin Period Cash Flow109.4 M
Long Term Debt64.2 M
Common Stock Shares Outstanding89.5 M
Total Stockholder Equity-39.5 M
Tax Provision14.3 M
Quarterly Earnings Growth Y O Y-0.833
Property Plant And Equipment Net16.4 M
Cash And Short Term Investments125.2 M
Cash115.4 M
Accounts PayableM
Net Debt-33.8 M
50 Day M A1.8477
Total Current Liabilities336.4 M
Other Operating Expenses377.9 M
Non Current Assets Total105.1 M
Forward Price Earnings11.1111
Non Currrent Assets Other28.8 M
Stock Based Compensation12.5 M

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When running Rimini Street's price analysis, check to measure Rimini Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
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