RAPID7 Shares Surge as Takeover Rumors Rekindle
May 25, 2023
Trending News ☀️
RAPID7 ($NASDAQ:RPD), a leading provider of cybersecurity solutions for the public and private sectors, has seen its shares surge in recent weeks as speculation of a potential takeover has sparked renewed interest in the company. The speculation of a potential takeover has been fueled by reports that Microsoft, Broadcom, Oracle, and even Amazon have all been interested in acquiring RAPID7. While no official announcement has been made yet, the possibility of a big tech giant taking over the company has driven up its share prices significantly in recent weeks. As companies look to further strengthen their security solutions in the face of increasing cyber threats, RAPID7 is poised to be a valuable asset.
Stock Price
On Wednesday, shares of RAPID7 surged as takeover rumors rekindled. The stock opened at $41.2 and closed at $45.0, representing a 7.0% rise from the previous closing price of 42.1. Investors seemed to be encouraged by the reports of a potential takeover for the cybersecurity company, resulting in the sharp rise in stock prices. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rapid7. RAPID7_Shares_Surge_as_Takeover_Rumors_Rekindle”>More…
| Total Revenues | Net Income | Net Margin |
| 710.87 | -105.63 | -14.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rapid7. RAPID7_Shares_Surge_as_Takeover_Rumors_Rekindle”>More…
| Operations | Investing | Financing |
| 73.64 | -14.25 | 7.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rapid7. RAPID7_Shares_Surge_as_Takeover_Rumors_Rekindle”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.33k | 1.44k | -1.83 |
Key Ratios Snapshot
Some of the financial key ratios for Rapid7 are shown below. RAPID7_Shares_Surge_as_Takeover_Rumors_Rekindle”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 26.9% | – | -13.1% |
| FCF Margin | ROE | ROA |
| 5.0% | 50.5% | -4.4% |
Analysis
GoodWhale conducted an analysis of RAPID7‘s wellbeing and found that it is considered a high risk investment according to its Risk Rating. Our analysis revealed four risk warnings in income sheet, balance sheet, cashflow statement, and non financial. In the income sheet, there were signs of declining revenues and profits, as well as increased operating expenses. The balance sheet presented an increase in liabilities and a decrease in asset values. Cash flow was also affected, showing that the company had been experiencing cash flow problems recently. Additionally, we discovered issues with non-financial aspects of RAPID7’s business, such as its governance and risk management processes. These risk warnings indicate that RAPID7 is a risky investment and potential investors should take these warnings into consideration before making an investment decision. To learn more about this analysis and its findings, we encourage you to become a registered user and check it out. More…
Peers
Rapid7 Inc, a cybersecurity company, provides vulnerability management, compliance, and penetration testing solutions. Its competitors are SecureWorks Corp, Safe-T Group Ltd, and CYREN Ltd.
– SecureWorks Corp ($NASDAQ:SCWX)
SecureWorks Corp is a cybersecurity company that provides various security products and services to businesses and organizations. As of 2022, the company has a market capitalization of 645.77 million and a return on equity of -9.05%. The company’s products and services include managed security services, threat intelligence, security analytics, and incident response. SecureWorks Corp was founded in 1998 and is headquartered in Atlanta, Georgia.
– Safe-T Group Ltd ($NASDAQ:SFET)
The company’s market cap is 12.47M as of 2022. The company’s ROE is -53.54%. The company is engaged in the business of providing security products and services.
– CYREN Ltd ($NASDAQ:CYRN)
CYREN Ltd is a cybersecurity company that provides internet security solutions to businesses and consumers. The company has a market capitalization of $7.96 million and a return on equity of -120.94%. CYREN’s products and services include email and web security, network security, and data protection. The company was founded in 1991 and is headquartered in Herzliya, Israel.
Summary
Rapid7 (RPD) saw its stock price move up the same day following renewed speculation of a possible takeover. This increase in stock value has been attributed to potential investors looking to capitalize on the company’s strong fundamentals. It has also been recognized for its innovative products and services, such as InsightVM and Nexpose, which help businesses of all sizes keep their data secure.
Rapid7 provides a full suite of offensive and defensive capabilities that enable organizations to detect and remediate threats quickly and effectively. With its range of products, rapid deployment capabilities, and comprehensive analytics, Rapid7 is well-positioned to capitalize on the growing demand for cyber security solutions.
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