With 27.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 21.94 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $30.1799 whereas the lowest price it dropped to was $28.44. The 52-week range on RKLB shows that it touched its highest point at $31.64 and its lowest point at $3.47 during that stretch. It currently has a 1-year price target of $25.05. Beta for the stock currently stands at 2.01.
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 22.60%, but this was up by 29.23% over a month. Three-month performance surged to 174.01% while six-month performance rose 454.68%. The stock gained 509.47% in the past year, while it has gained 16.29% so far this year. A look at the trailing 12-month EPS for RKLB yields -0.38 with Next year EPS estimates of -0.23. For the next quarter, that number is -0.08. This implies an EPS growth rate of -27.93% for this year and 25.44% for next year.
Float and Shares Shorts:
At present, 499.70 million RKLB shares are outstanding with a float of 373.67 million shares on hand for trading. On 2024-12-31, short shares totaled 53.33 million, which was 1067.0 higher than short shares on 1732838400. 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 0.55436003 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 2024-09-30, RKLB reported revenue of $104808000.0 and operating income of -$51899000.0. The EBITDA in the recently reported quarter was -$41956000.0 and diluted EPS was -$0.1.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RKLB since 9 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RKLB analysts setting a high price target of 35.0 and a low target of 13.5, the average target price over the next 12 months is 25.04545. Based on these targets, RKLB could surge 18.16% to reach the target high and fall by -54.42% to reach the target low. Reaching the average price target will result in a decline of -15.44% from current levels.
Analysts have provided yearly estimates in a range of -$0.17282 being high and -$0.35474 being low. For RKLB, this leads to a yearly average estimate of -$0.30926. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.07.
