RVP stock forecast
Our latest prediction for Retractable Technologies, Inc.'s stock price was made on the Oct. 20, 2020 when the stock price was at 8.04$.
In the short term (2weeks), RVP's stock price should underperform the market by -1.38%. During that period the price should oscillate between -8.60% and +9.70%.
In the medium term (3months), RVP's stock price should underperform the market by -8.21%. During that period the price should oscillate between -28.05% and +22.23%.
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About Retractable Technologies, Inc.
Retractable Technologies, Inc. manufactures and markets safety needle devices for the healthcare industry. Its products are designed to protect healthcare workers, patients, and others from needlestick injuries, cross-contamination through reuse, and reduce disposal costs. Its products include VanishPoint and Patient Safe Syringes, EasyPoint Needles, VanishPoint Blood Collection Sets and Tube Holders, VanishPoint IV Catheters. The company was founded by Thomas J. Shaw on May 9, 1994 and is headquartered in Little Elm, TX.
At the moment the company generates 47M USD in revenues.
On its last earning announcement, the company reported a profit of 0.18$ per share.
The book value per share is 0.77$
Three months stock forecastOct. 20, 2020
Financials
| Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47M | 33.79% | 4M | 9.10% | 7M | 0.18 | - | - | 33M | 0.77 | 3M | -1M | 3M |