Terran Orbital Corporation (NYSE:LLAP)’s traded shares stood at 2.25 million during the last session. At the close of trading, the stock’s price was $2.00, to imply a decrease of -6.98% or -$0.15 in intraday trading. The LLAP share’s 52-week high remains $12.69, putting it -534.5% down since that peak but still an impressive 35.5% since price per share fell to its 52-week low of $1.29. The company has a valuation of $278.00M, with an average of 3.75 million shares in intraday trading volume over the past 10 days and average of 5.96 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Terran Orbital Corporation (LLAP), translating to a mean rating of 1.40. Of 7 analyst(s) looking at the stock, 0 analyst(s) give LLAP a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
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Terran Orbital Corporation (NYSE:LLAP) trade information
After registering a -6.98% downside in the last session, Terran Orbital Corporation (LLAP) has traded red over the past five days. The stock hit a weekly high of 2.38 this Wednesday, 03/15/23, dropping -6.98% in its intraday price action. The 5-day price performance for the stock is -14.53%, and 9.89% over 30 days. With these gigs, the year-to-date price performance is 26.58%. Short interest in Terran Orbital Corporation (NYSE:LLAP) saw shorts transact 4.15 million shares and set a 5.97 days time to cover.
Analysts on Wall Street suggest a consensus price target of $9.71, implying an increase of 79.4% to the stock’s current value. The extremes give us $6.00 and $15.00 for target low and target high price respectively. As such, LLAP has been trading -650.0% off suggested target high and -200.0% from its likely low.
Terran Orbital Corporation (LLAP) estimates and forecasts
The rating firms project that company’s revenue will grow 128.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is $27.83 million. Meanwhile, for the quarter ending Dec 2022, a total of 5 analyst(s) estimate revenue growth to $31.41 million.
LLAP Dividends
Terran Orbital Corporation has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Terran Orbital Corporation has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Terran Orbital Corporation (NYSE:LLAP)’s Major holders
Terran Orbital Corporation insiders hold 41.09% of total outstanding shares, with institutional holders owning 44.54% of the shares at 75.60% float percentage. In total, 44.54% institutions holds shares in the company, led by Beach Point Capital Management LP. As of Dec 30, 2022, the company held over 19.84 million shares (or 13.93% of shares), all amounting to roughly $31.34 million.
The next major institution holding the largest number of shares is Lockheed Martin Corp. with 13.21 million shares, or about 9.28% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $23.37 million.
We also have iShares Russell 2000 ETF and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Terran Orbital Corporation (LLAP) shares. Going by data provided on Dec 30, 2022, iShares Russell 2000 ETF holds roughly 0.83 million shares. This is just over 0.58% of the total shares, with a market valuation of $1.31 million. Data from the same date shows that the other fund manager holds a little less at 0.78 million, or 0.55% of the shares, all valued at about 1.39 million.