With 16.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.05 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $10.34 whereas the lowest price it dropped to was $9.48. The 52-week range on RKLB shows that it touched its highest point at $10.29 and its lowest point at $3.47 during that stretch. It currently has a 1-year price target of $7.80. Beta for the stock currently stands at 1.32.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RKLB was up-trending over the past week, with a rise of 5.63%, but this was up by 34.87% over a month. Three-month performance surged to 82.39% while six-month performance rose 179.21%. The stock gained 131.70% in the past year, while it has gained 79.75% so far this year. A look at the trailing 12-month EPS for RKLB yields -0.36 with Next year EPS estimates of -0.20. For the next quarter, that number is -0.09. This implies an EPS growth rate of -33.65% for this year and 36.59% for next year.
Float and Shares Shorts:
At present, 488.92 million RKLB shares are outstanding with a float of 309.26 million shares on hand for trading. On 2024-09-30, short shares totaled 61.25 million, which was 1233.0 higher than short shares on 1724976000. In addition to Mr. Peter Beck as the firm’s Founder, Chairman, President & CEO, Mr. Adam C. Spice serves as its CFO, Secretary & Treasurer.
Institutional Ownership:
Through their ownership of 0.56441003 of RKLB’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, RKLB reported revenue of $106251000.0 and operating income of -$43274000.0. The EBITDA in the recently reported quarter was -$33273000.0 and diluted EPS was -$0.08.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RKLB since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
