In last trading session, Terran Orbital Corporation (NYSE:LLAP) saw 0.46 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $2.64 trading at $0.1 or 3.94% at ring of the bell on the day assigns it a market valuation of $374.46M. That closing price of LLAP’s stock is at a discount of -380.68% from its 52-week high price of $12.69 and is indicating a premium of 35.98% from its 52-week low price of $1.69. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.94 million shares which gives us an average trading volume of 1.00 million if we extend that period to 3-months.
For Terran Orbital Corporation (LLAP), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.22 in the current quarter.
Terran Orbital Corporation (NYSE:LLAP) trade information
Upright in the green during last session for gaining 3.94%, in the last five days LLAP remained trading in the red while hitting it’s week-highest on Thursday, 11/17/22 when the stock touched $2.64 price level, adding 2.94% to its value on the day. Terran Orbital Corporation’s shares saw a change of -73.31% in year-to-date performance and have moved -1.12% in past 5-day. Terran Orbital Corporation (NYSE:LLAP) showed a performance of 6.88% in past 30-days. Number of shares sold short was 2.2 million shares which calculate 2.52 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $10.14 to the stock, which implies a rise of 73.96% to its current value. Analysts have been projecting $6.00 as a low price target for the stock while placing it at a high target of $15.00. It follows that stock’s current price would drop -468.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -127.27% for stock’s current value.
Terran Orbital Corporation (LLAP) estimates and forecasts
This year revenue growth is estimated to rise 126.40% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $26.47 million for the same. And 3 analysts are in estimates of company making revenue of $31.5 million in the next quarter that will end on Dec 2022.
Terran Orbital Corporation is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Terran Orbital Corporation (NYSE:LLAP)’s Major holders
Insiders are in possession of 48.21% of company’s total shares while institution are holding 41.58 percent of that, with stock having share float percentage of 80.29%. Investors also watch the number of corporate investors in a company very closely, which is 41.58% institutions for Terran Orbital Corporation that are currently holding shares of the company. Beach Point Capital Management LP is the top institutional holder at LLAP for having 21.81 million shares of worth $38.6 million. And as of Sep 29, 2022, it was holding 15.81% of the company’s outstanding shares.
The second largest institutional holder is Lockheed Martin Corp., which was holding about 13.21 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 9.58% of outstanding shares, having a total worth of $60.48 million.
On the other hand, Vanguard Extended Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.79 million shares of worth $3.62 million or 0.57% of the total outstanding shares. The later fund manager was in possession of 0.46 million shares on Sep 29, 2022, making its stake of worth around $0.82 million in the company or a holder of 0.33% of company’s stock.