Rigetti Computing Statistics
Total Valuation
RGTI has a market cap or net worth of $197.73 million. The enterprise value is $115.71 million.
| Market Cap | 197.73M |
| Enterprise Value | 115.71M |
Important Dates
The next estimated earnings date is Thursday, May 9, 2024, after market close.
| Earnings Date | May 9, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RGTI has 158.18 million shares outstanding. The number of shares has increased by 29.01% in one year.
| Shares Outstanding | 158.18M |
| Shares Change (YoY) | +29.01% |
| Shares Change (QoQ) | +4.87% |
| Owned by Insiders (%) | 4.91% |
| Owned by Institutions (%) | 38.45% |
| Float | 132.20M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 15.41 |
| Forward PS | 11.29 |
| PB Ratio | 1.69 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 9.64 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.71, with a Debt / Equity ratio of 0.28.
| Current Ratio | 3.71 |
| Quick Ratio | 3.61 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -12.00 |
Financial Efficiency
Return on equity (ROE) is -63.90% and return on invested capital (ROIC) is -51.58%.
| Return on Equity (ROE) | -63.90% |
| Return on Assets (ROA) | -44.50% |
| Return on Capital (ROIC) | -51.58% |
| Revenue Per Employee | $89,612 |
| Profits Per Employee | -$560,500 |
| Employee Count | 134 |
| Asset Turnover | 0.07 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +177.84% in the last 52 weeks. The beta is 2.44, so RGTI's price volatility has been higher than the market average.
| Beta (1Y) | 2.44 |
| 52-Week Price Change | +177.84% |
| 50-Day Moving Average | 1.56 |
| 200-Day Moving Average | 1.48 |
| Relative Strength Index (RSI) | 45.69 |
| Average Volume (30 Days) | 7,516,320 |
Short Selling Information
The latest short interest is 15.31 million, so 9.68% of the outstanding shares have been sold short.
| Short Interest | 15.31M |
| Short Previous Month | 16.79M |
| Short % of Shares Out | 9.68% |
| Short % of Float | 11.58% |
| Short Ratio (days to cover) | 2.60 |
Income Statement
In the last 12 months, RGTI had revenue of $12.01 million and -$75.11 million in losses. Loss per share was -$0.57.
| Revenue | 12.01M |
| Gross Profit | 9.21M |
| Operating Income | -72.30M |
| Pretax Income | -75.11M |
| Net Income | -75.11M |
| EBITDA | -60.22M |
| EBIT | -69.33M |
| Loss Per Share | -$0.57 |
Balance Sheet
The company has $99.93 million in cash and $30.57 million in debt, giving a net cash position of $69.36 million or $0.44 per share.
| Cash & Cash Equivalents | 99.93M |
| Total Debt | 30.57M |
| Net Cash | 69.36M |
| Net Cash Per Share | $0.44 |
| Equity / Book Value | 109.59M |
| Book Value Per Share | 0.69 |
| Working Capital | 78.62M |
Cash Flow
In the last 12 months, operating cash flow was -$50.58 million and capital expenditures -$9.06 million, giving a free cash flow of -$59.64 million.
| Operating Cash Flow | -50.58M |
| Capital Expenditures | -9.06M |
| Free Cash Flow | -59.64M |
| FCF Per Share | -$0.45 |
Margins
Gross margin is 76.68%, with operating and profit margins of -602.06% and -625.47%.
| Gross Margin | 76.68% |
| Operating Margin | -602.06% |
| Pretax Margin | -625.47% |
| Profit Margin | -625.47% |
| EBITDA Margin | -501.50% |
| EBIT Margin | -577.35% |
| FCF Margin | -496.65% |
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 | -29.01% |
| Shareholder Yield | -29.01% |
| Earnings Yield | -40.58% |
| FCF Yield | -32.22% |
Analyst Forecast
The average price target for RGTI is $3.17, which is 153.60% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $3.17 |
| Price Target Difference | 153.60% |
| 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 -1.66 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -1.66 |
| Piotroski F-Score | 3 |