Rimini Street Stock Today

RMNI Stock  USD 3.42  0.04  1.18%   

Performance

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Odds Of Distress

Below Average

 
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Rimini Street is trading at 3.42 as of the 16th of February 2025. This is a 1.18 percent increase since the beginning of the trading day. The stock's open price was 3.38. Rimini Street has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain
Software & Services
IPO Date
28th of August 2015
Category
Technology
Classification
Information Technology
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. The company has 90.92 M outstanding shares of which 815.78 K shares are at this time shorted by private and institutional investors with about 3.0 trading days to cover. More on Rimini Street

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Rimini Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman of the Board, CEOSeth Ravin
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.411.26
Moderately Up
Pretty Stable
Gross Profit Margin0.490.56
Fairly Down
Slightly volatile
Total Current Liabilities249.5 M386.9 M
Way Down
Slightly volatile
Non Current Liabilities Total118.3 M111.4 M
Notably Up
Slightly volatile
Total Assets274.4 M452.9 M
Way Down
Slightly volatile
Total Current Assets182.5 M332 M
Way Down
Slightly volatile
Debt Levels
Rimini Street can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rimini Street's financial leverage. It provides some insight into what part of Rimini Street's total assets is financed by creditors.
Liquidity
Rimini Street currently holds 81.66 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.

Free Cash Flow

5.74 Million
Rimini Street (RMNI) is traded on NASDAQ Exchange in USA. It is located in 7251 West Lake Mead Blvd, Las Vegas, NV, United States, 89128 and employs 2,070 people. Rimini Street is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 310.95 M. Rimini Street conducts business under Software sector and is part of Information Technology industry. The entity has 90.92 M outstanding shares of which 815.78 K shares are at this time shorted by private and institutional investors with about 3.0 trading days to cover. Rimini Street currently holds about 129.72 M in cash with 12.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.47.
Check Rimini Street Probability Of Bankruptcy
Ownership Allocation
Rimini Street owns a total of 90.92 Million outstanding shares. Over half of Rimini Street's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rimini Ownership Details

Rimini Stock Institutional Holders

InstituionRecorded OnShares
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 Ltd2024-09-30
518 K
Bridgeway Capital Management, Llc2024-09-30
505.1 K
Charles Schwab Investment Management Inc2024-12-31
457.2 K
Lsv Asset Management2024-09-30
438.3 K
Northern Trust Corp2024-09-30
432.3 K
Round Hill Asset Management Inc2024-09-30
348.3 K
Adams Street Partners Llc2024-09-30
23.6 M
Conifer Management, Llc2024-09-30
5.9 M
View Rimini Street Diagnostics

Rimini Street Historical Income Statement

As of now, Rimini Street's Net Income From Continuing Ops is increasing as compared to previous years. The Rimini Street's current EBIT is estimated to increase to about 57.5 M, while Selling General Administrative is projected to decrease to under 52.9 M. View More Fundamentals

Rimini Stock Against Markets

Rimini Street Corporate Management

Eric HelmerSVP OfficerProfile
David RoweChief TransformationProfile
Gertrude HornExecutive OfficerProfile
Brian AlmasSenior ResourcesProfile
When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
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.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rimini Street. If investors know Rimini will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
(0.38)
Revenue Per Share
4.734
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0689
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.