Bankrate (RATE)
Bankrate Altman Z-Score: 3.638
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RATE Altman Z-Score Rankings
| Overall | 63rd percentile | 1286 of 3552 |
| Sector | 53rd percentile | 352 of 759 in Technology |
| Industry | 42nd percentile | 22 of 38 in Internet Information Providers |
RATE Altman Z-Score Range, Past 5 Years
| Minimum | 3.638 | May 31 2012 |
| Maximum | 4.949 | Mar 2012 |
| Average | 4.271 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RATE | 17.37 | +0.07 | +0.40% | 1.730B |
| RAS | 4.06 | +0.00 | +0.00% | 202.51M |
| RAND | 3.02 | -0.07 | -2.27% | 21.07M |
| RALS | 35.93 | -0.01 | -0.03% | |
| RAIL | 19.83 | -0.77 | -3.74% | 246.17M |
| RAI | 41.84 | -0.09 | -0.21% | 23.98B |
| RAH | 63.59 | -1.28 | -1.97% | 3.581B |
| RADA | 1.44 | +0.00 | +0.00% | 12.84M |
| RAD | 1.29 | -0.02 | -1.53% | 1.177B |
| PXP | 35.75 | -0.45 | -1.24% | 4.641B |
