Rigetti Computing, Inc. (RGTI)

NASDAQ: RGTI · IEX Real-Time Price · USD
3.99
-0.35 (-8.06%)
At close: Jun 24, 2022 4:00 PM
4.02
+0.03 (0.75%)
After-hours: Jun 24, 2022 6:51 PM EDT

Total Valuation

RGTI has a market cap or net worth of $458.28 million. The enterprise value is $281.38 million.

Market Cap 458.28M
Enterprise Value 281.38M

Important Dates

The latest earnings date was Monday, May 16, 2022, after market close.

Last Earnings Date May 16, 2022
Ex-Dividend Date n/a

Share Statistics

RGTI has 114.86 million shares outstanding. The number of shares has increased by 145.76% in one year.

Shares Outstanding 114.86M
Shares Change (YoY) +145.76%
Shares Change (QoQ) +144.70%
Owned by Insiders (%) 16.01%
Owned by Institutions (%) 48.61%
Float 81.71M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 44.49
PB Ratio 2.77
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 27.32
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 18.60, with a Debt / Equity ratio of 0.18.

Current Ratio 18.60
Quick Ratio 18.00
Debt / Equity 0.18
Debt / EBITDA n/a
Debt / FCF n/a

Financial Efficiency

Return on equity (ROE) is -55.80%, which is considered low. The company has a ROIC of -22.10%.

Return on Equity (ROE) -55.80%
Return on Assets (ROA) -16.00%
Return on Capital (ROIC) -22.10%
Revenue Per Employee $64,377
Profits Per Employee -$297,202
Employee Count 160
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -58.77% in the last 52 weeks.

Beta (1Y) n/a
52-Week Price Change -58.77%
50-Day Moving Average 6.70
200-Day Moving Average 6.68
Average Volume (30 Days) 593,595

Short Selling Information

The latest short interest is 1.84 million, so 1.61% of the outstanding shares have been sold short.

Short Interest 1.84M
Short % of Shares Out 1.61%
Short % of Float 2.26%
Short Ratio (days to cover) 4.18

Income Statement

In the last 12 months, RGTI had revenue of $10.30 million and -47.55 million in losses. Earnings per share was -$1.49.

Revenue 10.30M
Gross Profit 8.26M
Operating Income -57.79M
Net Income -47.55M
EBITDA -37.84M
EBIT -43.88M
Earnings Per Share (EPS) -$1.49
Full Income Statement

Balance Sheet

The company has $206.94 million in cash and $30.04 million in debt, giving a net cash position of $176.90 million or $1.54 per share.

Cash & Cash Equivalents 206.94M
Total Debt 30.04M
Net Cash 176.90M
Net Cash Per Share $1.54
Book Value 165.43M
Book Value Per Share 1.44
Working Capital 203.62M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$44.29 million and capital expenditures -$9.84 million, giving a free cash flow of -$54.13 million.

Operating Cash Flow -44.29M
Capital Expenditures -9.84M
Free Cash Flow -54.13M
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 80.22%, with operating and profit margins of -561.03% and -461.66%.

Gross Margin 80.22%
Operating Margin -561.03%
Pretax Margin n/a
Profit Margin -461.66%
EBITDA Margin -367.38%
EBIT Margin -426.03%
FCF Margin -525.53%

Dividends & Yields

RGTI does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -10.38%
FCF Yield -11.81%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a
Dividend Details

Analyst Forecast

The average price target for RGTI is $11.73, which is 193.98% higher than the current price. The consensus rating is "Buy".

Price Target $11.73
Price Target Difference 193.98%
Analyst Consensus Buy
Analyst Count 8
Stock Forecasts

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