Red Violet Stock Today

Red Violet is selling for under 29.99 as of the 28th of September 2021; that is 2.53 percent increase since the beginning of the trading day. The stock's last reported lowest price was 29.03. Equity ratings for Red Violet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of August 2021 and ending today, the 28th of September 2021. Click here to learn more.

Red Violet Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. Red Violet, Inc. was incorporated in 2017 and is headquartered in Boca Raton, Florida. Red Violet operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 126 people. more on Red Violet
Red Violet is not yet fully synchronised with the market data
Red Violet has very high historical volatility over the last 90 days
Red Violet is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 35.5 M. Net Loss for the year was (5.91 M) with profit before overhead, payroll, taxes, and interest of 23.31 M.
Red Violet has a poor financial position based on the latest SEC disclosures
About 44.0% of the company outstanding shares are owned by corporate insiders
Latest headline from MacroaxisInsider: Sale by Greater Miami Jewish Federation Inc of 6461 shares of Red Violet
Legal NameRed Violet
ChairmanDerek Dubner  (View All)
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Red Violet based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Red Violet financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares10.8 M11.9 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted10.8 M11.9 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from OperationsM6.5 M
Significantly Up
Increasing
Slightly volatile
Total Assets42.9 M52 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities7.1 M8.6 M
Significantly Down
Increasing
Slightly volatile
Current Assets18.1 M16.7 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities4.7 MM
Significantly Down
Increasing
Slightly volatile
Gross Margin72.7267.3972
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.60.6839
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Red Violet's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Red Violet (RDVT) is traded on NASDAQ Exchange in USA and employs 126 people. The company currently falls under 'Small-Cap' category with current market capitalization of 366.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Red Violet's market, we take the total number of its shares issued and multiply it by Red Violet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Red Violet conducts business under Technology sector and is part of Software—Application industry. The entity has 12.21 M outstanding shares of which 852.99 K shares are at this time shorted by private and institutional investors with about 11.02 trading days to cover. Red Violet currently holds about 12.9 M in cash with 6.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.05.
Check Red Violet Probability Of Bankruptcy

Red Violet Stock Price Odds Analysis

What are Red Violet's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of Red Violet jumping above the current price in 90 days from now is about 10.35%. The Red Violet probability density function shows the probability of Red Violet stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Red Violet has a beta of -0.704 indicating as returns on benchmark increase, returns on holding Red Violet are expected to decrease at a much lower rate. During the bear market, however, Red Violet is likely to outperform the market. Additionally, the company has an alpha of 0.6647, implying that it can generate a 0.66 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 29.99HorizonTargetOdds Up 29.99 
89.59%90 days
 29.99 
10.35%
Based on a normal probability distribution, the odds of Red Violet to move above the current price in 90 days from now is about 10.35 (This Red Violet probability density function shows the probability of Red Violet Stock to fall within a particular range of prices over 90 days) .

Red Violet Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Red Violet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Red Violet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Red Violet's value.
InstituionSecurity TypeTotal SharesValue
Trigran Investments IncCommon Shares1.2 M27.9 M
Nantahala Capital Management LlcCommon Shares1000 K23.5 M
View Red Violet Diagnostics

Red Violet Historical Income Statement

Red Violet Income Statement is one of the three primary financial statements used for reporting Red Violet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Red Violet revenue and expense. Red Violet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Revenues is likely to gain to about 37.3 M in 2021, whereas Direct Expenses is likely to drop slightly above 9.6 M in 2021. View More Fundamentals

Red Violet Stock Against Markets

Picking the right benchmark for Red Violet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Red Violet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Red Violet is critical whether you are bullish or bearish towards Red Violet at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Red Violet stock to make a market-neutral strategy. Peer analysis of Red Violet could also be used in its relative valuation, which is a method of valuing Red Violet by comparing valuation metrics with similar companies.

Red Violet Corporate Executives

Elected by the shareholders, the Red Violet's board of directors comprises two types of representatives: Red Violet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Red Violet. The board's role is to monitor Red Violet's management team and ensure that shareholders' interests are well served. Red Violet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Red Violet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Additionally, take a look at Your Equity Center. Note that the Red Violet information on this page should be used as a complementary analysis to other Red Violet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Red Violet price analysis, check to measure Red Violet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.
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The market value of Red Violet is measured differently than its book value, which is the value of Red Violet that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Violet's market value can be influenced by many factors that don't directly affect Red Violet underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine Red Violet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.