The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows 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
121 / 485
Overall Ranking
200 / 4614
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
6.100
Target Price
+58.03%
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-based software support products and services offer enterprise software licensees a choice of solutions that replace or supplement the support products 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 8.29, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 60.00M shares, decreasing 6.92% quarter-over-quarter.
Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription-based software support products and services offer enterprise software licensees a choice of solutions that replace or supplement the support products 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.