Rocket Companies Inc (RKT) saw downtrend of -0.28% in the recent trading with $14150000.0 being its most recent. The current price level -29.91% lower than the highest price of $20.23 marked by the stock while trading over the past 52-weeks, whereas it is 48.95% higher than the lowest price of $9.52 the company dropped to over past 52-weeks. The latest news story on RKT appeared in (Motley Fool) under the title “This Weight Loss Partnership Was a Short One” on Jun-26-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.75 for the stock.
Rocket Companies Inc Earnings – What Happened With RKT
Coming around sales and income figures on RKT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Rocket Companies Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 150.15 million. RKT does have institutional investors; and they hold 92.87% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Rocket Companies Inc (NYSE:RKT) with an ownership of 12.1 million shares of the company or 8.6623 of the stake worth $165.73 million. The filing also reveals FMR LLC as the second largest holder in the company with a control over 7.9925 of the outstanding shares. Its stake is worth $152.91 million for having 11.16 million shares in hand.
BOSTON PARTNERS also came holding a key position in the company during the recent quarter and it now holds 6.6691 of the outstanding shares. With this there are now 402.0 institutions which have possession in RKT’s shares.
Key Metrics forRKT
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Rocket Companies Inc has a debt to equity ratio of 25.35.
Technical Analysis of Rocket Companies Inc (NYSE:RKT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Rocket Companies Inc (RKT), we notice that the stock’s 20-day average volume is at 13,044,645 shares and 50% of short term indicators are suggesting the stock as Buy. And to end, RKT’s 100-day average volume is 11,402,259 shares with 50% of the long-term indicators pointing towards Buy for the stock.
