Rigetti Computing Inc. (RGTI)
Rigetti Computing Statistics
Share Statistics
Rigetti Computing has 242.30M shares outstanding. The number of shares has increased by 53.18% in one year.
| Shares Outstanding | 242.30M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 26.7% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 215.18M |
| Failed to Deliver (FTD) Shares | 217.31K |
| FTD / Avg. Volume | 0.17% |
Short Selling Information
The latest short interest is 36.31M, so 14.99% of the outstanding shares have been sold short.
| Short Interest | 36.31M |
| Short % of Shares Out | 14.99% |
| Short % of Float | 16.87% |
| Short Ratio (days to cover) | 0.35 |
Valuation Ratios
The PE ratio is -1.73 and the forward PE ratio is -4.52.
| PE Ratio | -1.73 |
| Forward PE | -4.52 |
| PS Ratio | 10.82 |
| Forward PS | 85.1 |
| PB Ratio | 1.19 |
| P/FCF Ratio | -2.18 |
| PEG Ratio | n/a |
Enterprise Valuation
Rigetti Computing Inc. has an Enterprise Value (EV) of 139.16M.
| EV / Earnings | -1.85 |
| EV / Sales | 11.59 |
| EV / EBITDA | -2.25 |
| EV / EBIT | -1.92 |
| EV / FCF | -2.33 |
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 | 3.71 |
| Debt / Equity | 0.28 |
| Total Debt / Capitalization | 21.81 |
| Cash Flow / Debt | -1.65 |
| Interest Coverage | -12.51 |
Financial Efficiency
Return on equity (ROE) is -0.69% and return on capital (ROIC) is -51.58%.
| Return on Equity (ROE) | -0.69% |
| Return on Assets (ROA) | -0.47% |
| Return on Capital (ROIC) | -51.58% |
| Revenue Per Employee | 89.61K |
| Profits Per Employee | -560.50K |
| Employee Count | 134 |
| Asset Turnover | 0.08 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 1018.92% in the last 52 weeks. The beta is 2.14, so Rigetti Computing 's price volatility has been higher than the market average.
| Beta | 2.14 |
| 52-Week Price Change | 1018.92% |
| 50-Day Moving Average | 8.32 |
| 200-Day Moving Average | 2.85 |
| Relative Strength Index (RSI) | 52.38 |
| Average Volume (20 Days) | 130.81M |
Income Statement
In the last 12 months, Rigetti Computing had revenue of 12.01M and earned -75.11M in profits. Earnings per share was -0.57.
| Revenue | 12.01M |
| Gross Profit | 9.21M |
| Operating Income | -72.30M |
| Net Income | -75.11M |
| EBITDA | -61.90M |
| EBIT | -72.30M |
| Earnings Per Share (EPS) | -0.57 |
Balance Sheet
The company has 21.39M in cash and 30.57M in debt, giving a net cash position of -9.17M.
| Cash & Cash Equivalents | 21.39M |
| Total Debt | 30.57M |
| Net Cash | -9.17M |
| Retained Earnings | -353.76M |
| Total Assets | 157.25M |
| Working Capital | 82.41M |
Cash Flow
In the last 12 months, operating cash flow was -50.58M and capital expenditures -9.06M, giving a free cash flow of -59.64M.
| 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 | -515.51% |
| EBIT Margin | -602.06% |
| 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 |
| Payout Ratio | n/a |
| Earnings Yield | -4.59% |
| FCF Yield | -1.98% |
Analyst Forecast
The average price target for RGTI is $3.5, which is -71.8% lower than the current price. The consensus rating is "Buy".
| Price Target | $3.5 |
| Price Target Difference | -71.8% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
Scores
| Altman Z-Score | 51.71 |
| Piotroski F-Score | 2 |