Is Terran Orbital Corp’s (NYSE: LLAP) -9.52% Loss This Week Telling Us Something New?

During the recent session, Terran Orbital Corp (NYSE:LLAP)’s traded shares were 1.21 million, with the beta value of the company hitting 2.02. The 52-week high for the LLAP share is $1.62, that puts it down -548.0 from that peak though still a striking 8.0% gain since the share price plummeted to a 52-week low of $0.23. The company’s market capitalization is $51.10M, and the average intraday trading volume over the past 10 days was 12.69 million shares, and the average trade volume was 5.94 million shares over the past three months.

Terran Orbital Corp (LLAP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. LLAP has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.

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Terran Orbital Corp (NYSE:LLAP) trade information

Terran Orbital Corp (LLAP) registered a 1.92% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.92% in intraday trading to $0.25, hitting a weekly high. The stock’s 5-day price performance is -9.52%, and it has moved by -65.26% in 30 days. Based on these gigs, the overall price performance for the year is -79.67%. The short interest in Terran Orbital Corp (NYSE:LLAP) is 18.53 million shares and it means that shorts have 2.85 day(s) to cover.

The consensus price target of analysts on Wall Street is $6.5, which implies an increase of 96.15% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $8 respectively. As a result, LLAP is trading at a discount of -3100.0% off the target high and -1900.0% off the low.

Terran Orbital Corp (LLAP) estimates and forecasts

Statistics show that Terran Orbital Corp has outperformed its competitors in share price, compared to the industry in which it operates. Terran Orbital Corp (LLAP) shares have gone down -76.85% during the last six months, with a year-to-date growth rate more than the industry average at 13.64% against 6.40.

While earnings are projected to return 22.10% in 2024, the next five years will return 28.00% per annum.

LLAP Dividends

Terran Orbital Corp is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Terran Orbital Corp (NYSE:LLAP)’s Major holders

Terran Orbital Corp insiders own 26.00% of total outstanding shares while institutional holders control 37.64%, with the float percentage being 50.86%. BLACKROCK INC. is the largest shareholder of the company, while 128.0 institutions own stock in it. As of 2024-06-30, the company held over 9.54 million shares (or 4.737% of all shares), a total value of $7.82 million in shares.

The next largest institutional holding, with 7.48 million shares, is of VANGUARD GROUP INC’s that is approximately 3.7113% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.13 million.

Also, the Mutual Funds coming in first place with the largest holdings of Terran Orbital Corp (LLAP) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 3.97 shares. This amounts to just over 1.94 percent of the company’s overall shares, with a $0.99 million market value. The same data shows that the other fund manager holds slightly less at 2.65, or about 1.29% of the stock, which is worth about $0.66 million.