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Rapid7 Inc Stock Research

RPD

48.85USD+1.92(+4.09%)Market Closed

Market Summary

USD48.85+1.92
Market Closed
4.09%

RPD Alerts

RPD Stock Price

RPD RSI Chart

RPD Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

-27.9

Price/Sales (Trailing)

4.15

EV/EBITDA

-53.59

Price/Free Cashflow

54.54

RPD Price/Sales (Trailing)

RPD Profitability

EBT Margin

-17.85%

Return on Equity

103.87%

Return on Assets

-9.18%

Free Cashflow Yield

1.83%

RPD Fundamentals

RPD Revenue

Revenue (TTM)

710.9M

Revenue Y/Y

16.39%

Revenue Q/Q

-0.71%

RPD Earnings

Earnings (TTM)

-105.6M

Earnings Y/Y

42.41%

Earnings Q/Q

-127.62%

Price Action

52 Week Range

26.4974.88
(Low)(High)

Last 7 days

8.7%

Last 30 days

-1.5%

Last 90 days

3.1%

Trailing 12 Months

-30.8%

RPD Financial Health

Current Ratio

0.96

RPD Investor Care

Shares Dilution (1Y)

3.57%

Diluted EPS (TTM)

-1.78

Peers (Alternatives to Rapid7)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
207.6B
12.70% 25.81%
35.87
11.93
7.81% -4.74%
190.7B
18.0B
14.41% 1.66%
40.25
10.59
11.50% -1.86%
-
-
-29.25% -13.98%
-
-
- -
281.0B
48.0B
11.07% 46.64%
33.56
5.86
14.66% 10.75%
217.4B
31.4B
12.49% 32.61%
1.0K
6.93
19.41% -85.60%
20.5B
4.4B
7.88% -38.07%
198.13
4.68
7.15% -92.46%
MID-CAP
2.9B
489.0M
13.36% -11.92%
-19.47
6.28
23.89% -67.60%
11.1B
809.1M
8.18% 50.50%
81.07
13.74
17.99% 15.82%
6.7B
869.9M
8.60% 1.58%
-39.92
7.66
13.87% -28.82%
2.4B
-
1.17% 7.67%
-23.16
7.93
- -
SMALL-CAP
1.1B
396.1M
29.79% 5.39%
-5.73
2.87
14.23% -99.11%
1.1B
400.9M
1.28% 74.75%
-16.18
2.66
2.63% 29.30%
92.8M
315.6M
-17.82% -77.71%
-0.5
0.29
2.89% -207.54%

Financials for Rapid7

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue3.8%711685652616575
Gross Profit4.5%492471443417391
Operating Expenses0.8%587582582568529
  S&GA Expenses1.8%313307302289268
  R&D Expenses-1.8%187190196191178
EBITDA32.0%-70.28-103-113-111-
EBITDA Margin35.3%-0.10*-0.16*-0.18*-0.19*-
Earnings Before Taxes14.9%-104-122-155-164-149
EBT Margin24.9%-0.18*-0.24*-0.27*-0.26*-
Interest Expenses0.2%11.0011.0011.0011.0012.00
Net Income15.3%-105-124-157-166-161
Net Income Margin24.8%-0.18*-0.24*-0.27*-0.28*-
Free Cahsflow127.8%58.0025.0028.0033.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-2.2%1,3291,3591,2961,2861,274
  Current Assets-10.9%455510439430411
    Cash Equivalents-0.5%206207168163141
  Net PPE-2.2%57.0058.0055.0051.0050.00
  Goodwill4.3%538516516516515
Liabilities-2.7%1,4401,4791,4381,4341,410
  Current Liabilities-7.1%494531487484460
Shareholder's Equity8.2%-110-120-136--
  Retained Earnings-3.0%-886-860-849-820-781
  Additional Paid-In Capital4.6%781746718681651
Accumulated Depreciation9.2%38.0035.00---
Shares Outstanding1.0%60.0060.0059.0059.0058.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-5.8%74.0078.0043.0042.0044.00
  Share Based Compensation0.4%120120121119111
Cashflow From Investing64.4%-14.25-39.99-52.33-307-342
Cashflow From Financing-5.0%7.007.00-42.85-57.11-61.23
  Buy BacksNaN%0.000.00---

Risks for RPD

What is the probability of a big loss on RPD?

74.6%


Probability that Rapid7 stock will be more than 20% underwater in next one year

56.1%


Probability that Rapid7 stock will be more than 30% underwater in next one year.

39.6%


Probability that Rapid7 stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RPD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Rapid7 was unfortunately bought at previous high price.

Drawdowns

Returns for RPD

Cumulative Returns on RPD

21.4%


7-Year Cumulative Returns

10.1%


5-Year Cumulative Returns

2.1%


3-Year Cumulative Returns

What are the long-term rolling returns for RPD?

FIve years rolling returns for Rapid7.

Annualized Returns

Which funds bought or sold RPD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Capital Impact Advisors, LLC
reduced
-30.59
-41,114
619,831
0.76%
2023-05-23
Front Row Advisors LLC
unchanged
-
1,000
3,000
-%
2023-05-22
AMERIPRISE FINANCIAL INC
new
-
7,022,710
7,022,710
-%
2023-05-22
PUTNAM INVESTMENTS LLC
sold off
-100
-477,968
-
-%
2023-05-22
PUTNAM INVESTMENTS LLC
new
-
2,331,820
2,331,820
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-32.02
-489,149
5,493,850
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-26.22
-5,000
1,428,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
unchanged
-
245,000
2,436,000
-%
2023-05-17
Advisory Services Network, LLC
unchanged
-
1,611
6,198
-%
2023-05-16
FRED ALGER MANAGEMENT, LLC
added
149
28,132,800
39,966,300
0.21%

1–10 of 35

Latest Funds Activity

Are funds buying RPD calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own RPD
No. of Funds

Rapid7 News

Best Stocks
Raymond James & Associates Sells Holdings in Rapid7, Inc. Amidst ....
Best Stocks,
5 hours ago
GuruFocus.com
Marketscreener.com
Investor's Business Daily
Cybersecurity Stocks To Buy And Watch.
Investor's Business Daily,
12 days ago

Schedule 13G FIlings of Rapid7

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 06, 2023
wellington management group llp
4.51%
2,668,858
SC 13G/A
Jan 27, 2023
blackrock inc.
10.9%
6,462,375
SC 13G/A
Jan 23, 2023
blackrock inc.
10.9%
6,462,375
SC 13G/A
Jan 10, 2023
vanguard group inc
10.33%
6,118,655
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 04, 2022
wellington management group llp
6.77%
3,822,531
SC 13G/A
Feb 03, 2022
blackrock inc.
8.3%
4,690,116
SC 13G/A
Feb 10, 2021
vanguard group inc
8.99%
4,660,124
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G
Feb 04, 2021
wellington management group llp
7.42%
3,845,872
SC 13G

RPD Fair Value

Recent SEC filings of Rapid7

View All Filings
Date Filed Form Type Document
May 17, 2023
4
Insider Trading
May 17, 2023
4
Insider Trading
May 17, 2023
4
Insider Trading
May 17, 2023
4
Insider Trading
May 10, 2023
10-Q
Quarterly Report
May 09, 2023
8-K
Current Report
Apr 20, 2023
DEFA14A
DEFA14A
Apr 20, 2023
DEF 14A
DEF 14A
Apr 20, 2023
ARS
ARS
Feb 24, 2023
S-8
Employee Benefits Plan

Latest Insider Trading transactions for RPD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-15
Luconi Christina
sold (taxes)
-107,503
46.7
-2,302
chief people officer
2023-05-15
Adams Timothy M
sold (taxes)
-244,148
46.7
-5,228
chief financial officer
2023-05-15
Thomas Corey E.
sold (taxes)
-477,741
46.7
-10,230
ceo
2023-05-15
Burton Andrew F.
sold (taxes)
-493,386
46.7
-10,565
chief operating officer
2023-02-15
Burton Andrew F.
acquired
-
-
81,652
chief operating officer
2023-02-15
Adams Timothy M
sold (taxes)
-422,084
50.38
-8,378
chief financial officer
2023-02-15
Luconi Christina
sold (taxes)
-115,622
50.38
-2,295
chief people officer
2023-02-15
Burton Andrew F.
sold (taxes)
-267,568
50.38
-5,311
chief operating officer
2023-02-15
Thomas Corey E.
sold (taxes)
-461,632
50.38
-9,163
ceo
2023-02-15
Adams Timothy M
acquired
-
-
65,336
chief financial officer

1–10 of 50

Corey E. Thomas
2350
Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk management solution that is designed to provide a way to collect vulnerability data, prioritize risk, and automate remediation; InsightAppSec, which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect, a security orchestration and automation response solution that is used by security professionals. The company's other products include DivvyCloud, a cloud security posture management solution; Nexpose, an on-premises version of company's vulnerability risk management solution; AppSpider, an on-premises version of company's application security testing solution; and Metasploit, a penetration testing software solution, as well as professional services. It offers its products through term or perpetual software licenses, cloud-based subscriptions, and managed services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.

RPD Income Statement

2023-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:  
Total revenue$ 183,174$ 157,384
Cost of revenue:  
Total cost of revenue55,99951,289
Total gross profit127,175106,095
Operating expenses:  
Research and development46,34649,812
Sales and marketing80,58775,146
General and administrative24,20721,516
Total operating expenses151,140146,474
Loss from operations(23,965)(40,379)
Other income (expense), net:  
Interest income1,668112
Interest expense(2,717)(2,693)
Other income (expense), net(307)(603)
Loss before income taxes(25,321)(43,563)
Provision for income taxes5941,436
Net loss$ (25,915)$ (44,999)
Net loss per share, basic (in dollars per share)$ (0.43)$ (0.78)
Net loss per share, diluted (in dollars per share)$ (0.43)$ (0.78)
Weighted-average common shares outstanding, basic (in Shares)59,888,11957,724,821
Weighted-average common shares outstanding, diluted (in Shares)59,888,11957,724,821
Products  
Revenue:  
Total revenue$ 173,772$ 149,025
Cost of revenue:  
Total cost of revenue48,18843,472
Professional services  
Revenue:  
Total revenue9,4028,359
Cost of revenue:  
Total cost of revenue$ 7,811$ 7,817

RPD Balance Sheet

2023-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 205,757$ 207,287
Short-term investments56,48384,162
Accounts receivable, net of allowance for credit losses of $2,320 and $2,299 at March 31, 2023 and December 31, 2022, respectively116,683152,045
Deferred contract acquisition and fulfillment costs, current portion36,17134,906
Prepaid expenses and other current assets39,52731,907
Total current assets454,621510,307
Long-term investments7,3439,756
Property and equipment, net56,63857,891
Operating lease right-of-use assets77,42079,342
Deferred contract acquisition and fulfillment costs, non-current portion69,14468,169
Goodwill538,037515,631
Intangible assets, net111,432101,269
Other assets14,82416,626
Total assets1,329,4591,358,991
Current liabilities:  
Accounts payable8,47510,255
Accrued expenses57,54580,306
Operating lease liabilities, current portion12,85312,444
Deferred revenue, current portion413,992426,599
Other current liabilities8091,663
Total current liabilities493,674531,267
Convertible senior notes, non-current portion, net816,894815,948
Operating lease liabilities, non-current portion84,11485,946
Deferred revenue, non-current portion31,58531,040
Other long-term liabilities13,36414,864
Total liabilities1,439,6311,479,065
Stockholders’ deficit:  
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2023 and December 31, 2022; 0 shares issued at March 31, 2023 and December 31, 202200
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2023 and December 31, 2022; 60,891,488 and 60,206,277 shares issued at March 31, 2023 and December 31, 2022, respectively; 60,321,909 and 59,719,469 shares outstanding at March 31, 2023 and December 31, 2022, respectively603597
Treasury stock, at cost, 569,579 and 486,808 shares at March 31, 2023 and December 31, 2022, respectively(4,765)(4,764)
Additional paid-in-capital780,850746,249
Accumulated other comprehensive loss(200)(1,411)
Accumulated deficit(886,660)(860,745)
Total stockholders’ deficit(110,172)(120,074)
Total liabilities and stockholders’ deficit$ 1,329,459$ 1,358,991
Treasury stock, shares (in shares)569,579486,808