Riskified Ltd. (NYSE:RSKD) Given Average Recommendation of “Hold” by Analysts

Shares of Riskified Ltd. (NYSE:RSKD) have been assigned a consensus rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $5.8929.

Several equities analysts have recently weighed in on RSKD shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Riskified in a research report on Monday, December 29th. UBS Group increased their price target on shares of Riskified from $5.00 to $5.50 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Wall Street Zen raised shares of Riskified from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. JPMorgan Chase & Co. raised shares of Riskified from an “underweight” rating to a “neutral” rating and set a $6.00 target price on the stock in a research note on Friday, November 14th. Finally, DA Davidson reiterated a “buy” rating and issued a $6.00 price objective on shares of Riskified in a report on Thursday, November 13th.

Institutional Trading of Riskified

Several large investors have recently bought and sold shares of RSKD. Raymond James Financial Inc. bought a new position in Riskified in the 2nd quarter valued at approximately $36,000. Virtu Financial LLC purchased a new stake in shares of Riskified during the third quarter valued at $51,000. Invesco Ltd. bought a new stake in Riskified in the 1st quarter worth about $51,000. Orion Porfolio Solutions LLC purchased a new position in Riskified in the 2nd quarter worth about $54,000. Finally, Savant Capital LLC purchased a new position in Riskified in the 2nd quarter worth about $57,000. 58.98% of the stock is owned by institutional investors.

Riskified Stock Down 0.9%

RSKD opened at $4.66 on Friday. The firm has a 50-day moving average price of $4.88 and a 200-day moving average price of $4.87. Riskified has a twelve month low of $3.94 and a twelve month high of $5.99. The company has a market capitalization of $751.24 million, a price-to-earnings ratio of -20.53 and a beta of 1.35.

Riskified (NYSE:RSKD) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. Riskified had a negative net margin of 11.04% and a negative return on equity of 8.12%. The company had revenue of $81.86 million during the quarter, compared to the consensus estimate of $80.25 million. During the same period last year, the firm earned $0.03 EPS. Riskified’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, sell-side analysts expect that Riskified will post -0.15 earnings per share for the current fiscal year.

About Riskified

Riskified is a technology company specializing in e-commerce fraud prevention and revenue optimization for online merchants. Its platform combines machine learning, behavioral analytics and proprietary risk models to assess the legitimacy of transactions in real time. By offering a chargeback guarantee, Riskified assumes the financial liability for approved orders that later turn out to be fraudulent, allowing retailers to focus on growth rather than dispute management.

The company’s core product suite addresses various aspects of the online shopping lifecycle, including order approval, account takeover protection and policy compliance.