Rigetti Computing Statistics
Total Valuation
RGTI has a market cap or net worth of $178.80 million. The enterprise value is $103.45 million.
| Market Cap | 178.80M |
| Enterprise Value | 103.45M |
Important Dates
The next estimated earnings date is Thursday, August 8, 2024, after market close.
| Earnings Date | Aug 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RGTI has 171.92 million shares outstanding. The number of shares has increased by 21.70% in one year.
| Shares Outstanding | 171.92M |
| Shares Change (YoY) | +21.70% |
| Shares Change (QoQ) | +8.17% |
| Owned by Insiders (%) | 3.81% |
| Owned by Institutions (%) | 32.03% |
| Float | 142.04M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 13.90 |
| Forward PS | 10.42 |
| PB Ratio | 1.55 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 8.04 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 4.42, with a Debt / Equity ratio of 0.24.
| Current Ratio | 4.42 |
| Quick Ratio | 4.32 |
| Debt / Equity | 0.24 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -12.38 |
Financial Efficiency
Return on equity (ROE) is -63.60% and return on invested capital (ROIC) is -46.76%.
| Return on Equity (ROE) | -63.60% |
| Return on Assets (ROA) | -44.30% |
| Return on Capital (ROIC) | -46.76% |
| Revenue Per Employee | $95,970 |
| Profits Per Employee | -$541,239 |
| Employee Count | 134 |
| Asset Turnover | 0.08 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -49.51% in the last 52 weeks. The beta is 2.33, so RGTI's price volatility has been higher than the market average.
| Beta (5Y) | 2.33 |
| 52-Week Price Change | -49.51% |
| 50-Day Moving Average | 1.07 |
| 200-Day Moving Average | 1.23 |
| Relative Strength Index (RSI) | 48.15 |
| Average Volume (20 Days) | 7,984,265 |
Short Selling Information
The latest short interest is 20.51 million, so 11.93% of the outstanding shares have been sold short.
| Short Interest | 20.51M |
| Short Previous Month | 21.22M |
| Short % of Shares Out | 11.93% |
| Short % of Float | 14.44% |
| Short Ratio (days to cover) | 4.38 |
Income Statement
In the last 12 months, RGTI had revenue of $12.86 million and -$72.53 million in losses. Loss per share was -$0.53.
| Revenue | 12.86M |
| Gross Profit | 9.02M |
| Operating Income | -66.86M |
| Pretax Income | -72.53M |
| Net Income | -72.53M |
| EBITDA | -58.29M |
| EBIT | -67.10M |
| Loss Per Share | -$0.53 |
Balance Sheet
The company has $102.76 million in cash and $27.41 million in debt, giving a net cash position of $75.35 million or $0.44 per share.
| Cash & Cash Equivalents | 102.76M |
| Total Debt | 27.41M |
| Net Cash | 75.35M |
| Net Cash Per Share | $0.44 |
| Equity (Book Value) | 115.58M |
| Book Value Per Share | 0.67 |
| Working Capital | 85.17M |
Cash Flow
In the last 12 months, operating cash flow was -$48.17 million and capital expenditures -$9.75 million, giving a free cash flow of -$57.92 million.
| Operating Cash Flow | -48.17M |
| Capital Expenditures | -9.75M |
| Free Cash Flow | -57.92M |
| FCF Per Share | -$0.38 |
Margins
Gross margin is 70.12%, with operating and profit margins of -519.91% and -563.97%.
| Gross Margin | 70.12% |
| Operating Margin | -519.91% |
| Pretax Margin | -563.97% |
| Profit Margin | -563.97% |
| EBITDA Margin | -453.23% |
| EBIT Margin | -521.80% |
| FCF Margin | -450.37% |
Dividends & Yields
RGTI does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -21.70% |
| Shareholder Yield | -21.70% |
| Earnings Yield | -40.56% |
| FCF Yield | -32.39% |
Analyst Forecast
The average price target for RGTI is $3.17, which is 204.81% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $3.17 |
| Price Target Difference | 204.81% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 70.72% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
RGTI has an Altman Z-Score of -1.59 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -1.59 |
| Piotroski F-Score | 3 |