Analysts Say That Terran Orbital Corp (NYSE:LLAP) Is Likely To Make It To 8 In 12 Months

In recent trading session, Terran Orbital Corp (NYSE:LLAP) saw 0.49 million shares changing hands at last check today with its beta currently measuring 1.91. Company’s recent per share price level of $0.24 trading at $0.0 or 0.25% at last check today assigns it a market valuation of $49.59M. That most recent trading price of LLAP’s stock is at a discount of -575.0% from its 52-week high price of $1.62 and is indicating a premium of 4.17% from its 52-week low price of $0.23. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.4 million shares which gives us an average trading volume of 6.06 million if we extend that period to 3-months.

For Terran Orbital Corp (LLAP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 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 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.17 in the current quarter.

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Terran Orbital Corp (NYSE:LLAP) trade information

Upright in the green today for gaining 0.25%, in the last five days LLAP remained trading in the red while hitting it’s week-highest on Thursday, 08/29/24 when the stock touched $0.24 price level, adding 4.38% to its value on the day. Terran Orbital Corp’s shares saw a change of -78.72% in year-to-date performance and have moved -1.10% in past 5-day. Terran Orbital Corp (NYSE:LLAP) showed a performance of -64.45% in past 30-days. Number of shares sold short was 18.53 million shares which calculate 2.85 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6.5 to the stock, which implies a rise of 96.31% to its recent value today. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -1983.33% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1983.33% for stock’s current value.

Terran Orbital Corp (LLAP) estimates and forecasts

Statistics highlight that Terran Orbital Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -80.28% of value to its shares in past 6 months, showing an annual growth rate of 13.64% while that of industry is 6.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 6.60% 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 38.41M for the same. And 3 analysts are in estimates of company making revenue of 48.82M in the next quarter. Company posted 43.88M and 31.6M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 22.10% while estimates for its earnings growth in next 5 years are of 28.00%.

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

Insiders are in possession of 25.05% of company’s total shares while institution are holding 37.54 percent of that, with stock having share float percentage of 50.09%. Investors also watch the number of corporate investors in a company very closely, which is 37.54% institutions for Terran Orbital Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at LLAP for having 9.54 million shares of worth $7.82 million. And as of 2024-06-30, it was holding 4.737 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 7.48 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.7113 of outstanding shares, having a total worth of $6.13 million.