Rigetti Computing Inc. (RGTI)
Rigetti Computing Statistics
Share Statistics
Rigetti Computing has 285.83M shares outstanding. The number of shares has increased by 66.26% in one year.
| Shares Outstanding | 285.83M |
| Shares Change (YoY) | 66.26% |
| Shares Change (QoQ) | 17.97% |
| Owned by Institutions (%) | 36.21% |
| Shares Floating | 272.74M |
| Failed to Deliver (FTD) Shares | 260.13K |
| FTD / Avg. Volume | 0.45% |
Short Selling Information
The latest short interest is 62.99M, so 22.04% of the outstanding shares have been sold short.
| Short Interest | 62.99M |
| Short % of Shares Out | 22.04% |
| Short % of Float | 24.05% |
| Short Ratio (days to cover) | 1.76 |
Valuation Ratios
The PE ratio is -14.02 and the forward PE ratio is -59.23. Rigetti Computing's PEG ratio is -0.15.
| PE Ratio | -14.02 |
| Forward PE | -59.23 |
| PS Ratio | 261.17 |
| Forward PS | 14.1 |
| PB Ratio | 22.26 |
| P/FCF Ratio | -45.65 |
| PEG Ratio | -0.15 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Rigetti Computing.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 17.42, with a Debt / Equity ratio of 0.07.
| Current Ratio | 17.42 |
| Quick Ratio | 17.69 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | -0.05 |
| Debt / FCF | -0.14 |
| Interest Coverage | -21.05 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $78.76K |
| Profits Per Employee | $-1.47M |
| Employee Count | 137 |
| Asset Turnover | 0.04 |
| Inventory Turnover | -1.61 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by 577.86% in the last 52 weeks. The beta is 1.42, so Rigetti Computing's price volatility has been higher than the market average.
| Beta | 1.42 |
| 52-Week Price Change | 577.86% |
| 50-Day Moving Average | 8.97 |
| 200-Day Moving Average | 5.67 |
| Relative Strength Index (RSI) | 49.62 |
| Average Volume (20 Days) | 58.25M |
Income Statement
In the last 12 months, Rigetti Computing had revenue of 10.79M and earned -200.99M in profits. Earnings per share was -1.09.
| Revenue | 10.79M |
| Gross Profit | 5.7M |
| Operating Income | -68.51M |
| Net Income | -200.99M |
| EBITDA | -190.83M |
| EBIT | -197.73M |
| Earnings Per Share (EPS) | -1.09 |
Balance Sheet
The company has 67.67M in cash and 8.8M in debt, giving a net cash position of 58.87M.
| Cash & Cash Equivalents | 67.67M |
| Total Debt | 8.8M |
| Net Cash | 58.87M |
| Retained Earnings | -554.75M |
| Total Assets | 284.79M |
| Working Capital | 194.89M |
Cash Flow
In the last 12 months, operating cash flow was -50.63M and capital expenditures -11.1M, giving a free cash flow of -61.73M.
| Operating Cash Flow | -50.63M |
| Capital Expenditures | -11.1M |
| Free Cash Flow | -61.73M |
| FCF Per Share | -0.33 |
Margins
Gross margin is 52.8%, with operating and profit margins of -634.94% and -1862.72%.
| Gross Margin | 52.8% |
| Operating Margin | -634.94% |
| Pretax Margin | -1862.72% |
| Profit Margin | -1862.72% |
| EBITDA Margin | -1768.55% |
| EBIT Margin | -634.94% |
| FCF Margin | -572.06% |
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 | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for RGTI is $14.5, which is 63.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $14.5 |
| Price Target Difference | 63.3% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 5.84 |
| Piotroski F-Score | 4 |