Rimini Street Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 93/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.10.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Rimini Street Inc's Score
Industry at a Glance
Industry Ranking
93 / 482
Overall Ranking
152 / 4578
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
6.100
Target Price
+50.06%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Rimini Street Inc Highlights
StrengthsRisks
Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription and fee-based software services offer enterprise software licensees a choice of solutions that replace or supplement the support products and services offered by enterprise software vendors. Its products and services seek to enable its clients to keep their systems operating and to remain in tax, legal and regulatory compliance; improve productivity; and allocate limited budgets, labor, and other resources to investments. Its software support products and service offerings cover a range of enterprise software vendors, product families and product lines. Its supported vendor or product category includes SAP Applications, SAP Databases, Oracle Applications, Oracle Technology, Oracle Databases, Microsoft Databases, IBM Databases, Open-Source Databases, Salesforce, and Other Software. The Company also offers a special support service, Rimini Street Extra Secure Support.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 428.75M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Fairly Valued
The company’s latest PE is 8.63, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 59.75M shares, decreasing 6.62% quarter-over-quarter.
Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription and fee-based software services offer enterprise software licensees a choice of solutions that replace or supplement the support products and services offered by enterprise software vendors. Its products and services seek to enable its clients to keep their systems operating and to remain in tax, legal and regulatory compliance; improve productivity; and allocate limited budgets, labor, and other resources to investments. Its software support products and service offerings cover a range of enterprise software vendors, product families and product lines. Its supported vendor or product category includes SAP Applications, SAP Databases, Oracle Applications, Oracle Technology, Oracle Databases, Microsoft Databases, IBM Databases, Open-Source Databases, Salesforce, and Other Software. The Company also offers a special support service, Rimini Street Extra Secure Support.
Ticker SymbolRMNI
CompanyRimini Street Inc
CEORavin (Seth A)
Websitehttps://www.riministreet.com/
FAQs
What is the current price of Rimini Street Inc (RMNI)?
The current price of Rimini Street Inc (RMNI) is 4.000.
What is the symbol of Rimini Street Inc?
The ticker symbol of Rimini Street Inc is RMNI.
What is the 52-week high of Rimini Street Inc?
The 52-week high of Rimini Street Inc is 5.380.
What is the 52-week low of Rimini Street Inc?
The 52-week low of Rimini Street Inc is 2.465.
What is the market capitalization of Rimini Street Inc?
The market capitalization of Rimini Street Inc is 366.88M.
What is the net income of Rimini Street Inc?
The net income of Rimini Street Inc is -36.27M.
Is Rimini Street Inc (RMNI) currently rated as Buy, Hold, or Sell?
According to analysts, Rimini Street Inc (RMNI) has an overall rating of Buy, with a price target of 6.100.
What is the Earnings Per Share (EPS TTM) of Rimini Street Inc (RMNI)?
The Earnings Per Share (EPS TTM) of Rimini Street Inc (RMNI) is 0.470.