Is Terran Orbital Corp (NYSE: LLAP) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 2.62 million Terran Orbital Corp (NYSE:LLAP) shares changed hands as the company’s beta touched 2.16. With the company’s per share price at $0.93 changed hands at $0.07 or 7.98% during last session, the market valuation stood at $179.89M. LLAP’s last price was a discount, traded about -270.97% off its 52-week high of $3.45. The share price had its 52-week low at $0.62, which suggests the last value was 33.33% up since then. When we look at Terran Orbital Corp’s average trading volume, we note the 10-day average is 2.3 million shares, with the 3-month average coming to 0.71.

Terran Orbital Corp (NYSE:LLAP) trade information

Instantly LLAP was in green as seen at the end of in last trading. With action 18.21%, the performance over the past five days has been green. The jump to weekly highs of 0.9327 added 7.98% to the stock’s daily price. The company’s shares are showing year-to-date downside of -18.85%, with the 5-day performance at 18.21% in the green. However, in the 30-day time frame, Terran Orbital Corp (NYSE:LLAP) is -5.60% down. Looking at the short shares, we see there were 13.47 million shares sold at short interest cover period of 3.31 days.

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Terran Orbital Corp (LLAP) estimates and forecasts

Data shows that the Terran Orbital Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -20.93% over the past 6 months, a 33.58% in annual growth rate that is considerably higher than the industry average of 9.80%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Terran Orbital Corp will rise 23.10%, while the growth in revenue is estimated to hit 52.60% for the next quarter. Year-over-year growth is forecast to reach 45.40% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of $32.81 million. 3 analysts are of the opinion that Terran Orbital Corp’s revenue for the quarter ending Mar 2024 will be $49.7 million. The company’s revenue for the corresponding quarters a year ago was $31.92 million and $28.2 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.80%. The estimates for the next quarter sales put growth at 76.30%.

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