Shares Of Terran Orbital Corp (NYSE: LLAP) Could Show A Loss Of -3100.0%

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In recent trading session today, 0.47 million shares of the Terran Orbital Corp (NYSE:LLAP) have been traded, and its beta is 1.94. Most recently the company’s share price was $0.25, and it changed around $0.0 or -0.40% from the last close, which brings the market valuation of the company to $50.69M. LLAP at last check was trading at a discount to its 52-week high of $1.62, offering almost -548.0% off that amount. The share price’s 52-week low was $0.23, which indicates that the recent value has risen by an impressive 8.0% since then. We note from Terran Orbital Corp’s average daily trading volume that its 10-day average is 4.05 million shares, with the 3-month average coming to 6.14 million.

Terran Orbital Corp stock received a consensus recommendation rating of Buy, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended LLAP as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Terran Orbital Corp is expected to report earnings per share of -0.17 for the current quarter.

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Terran Orbital Corp (NYSE:LLAP) trade information

Instantly LLAP has been showing red trend so far today with a performance of -0.40% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2600 on recent trading dayincreased the stock’s daily price by 3.85%. The company’s shares are currently down -78.25% year-to-date, but still down -0.84% over the last five days. On the other hand, Terran Orbital Corp (NYSE:LLAP) is 2.48% up in the 30-day period. We can see from the shorts that 7.83 million shares have been sold at a short interest cover period of 0.85 day(s).

The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to increase their stock price by 96.15% from its current value. Analyst projections state that LLAP is forecast to be at a low of $5 and a high of $8.

Terran Orbital Corp (LLAP) estimates and forecasts

Terran Orbital Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -83.90 percent over the past six months and at a 13.64% annual growth rate that is well above the industry average of 8.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -13.30% in revenue this quarter, and will report an increase of 33.30% in the next quarter. The year-over-year growth rate is expected to be 6.60%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 38.41M in revenue for the current quarter. 3 analysts expect Terran Orbital Corp to make 48.82M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 43.88M and 31.6M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -12.50%. Forecasts for the next quarter put sales growth at 54.50%.

Terran Orbital Corp earnings are expected to increase by 22.10% in 2024, but the outlook is positive 28.00% per year for the next five years.

LLAP Dividends

Terran Orbital Corp’s next quarterly earnings report is expected to be released on 2024-Nov-12.

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

Upon looking at major shareholders, it appears that insiders hold 23.74% of Terran Orbital Corp shares, and 36.91% of them are in the hands of institutional investors. The stock currently has a share float of 48.40%. Terran Orbital Corp stock is held by 125.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 4.737% of the shares, which is about 9.54 million shares worth $7.82 million.

VANGUARD GROUP INC, with 3.7113% or 7.48 million shares worth $6.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Aug 31, 2024. The former held 4.11 shares worth $1.02 million, making up 2.01% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.97 shares worth around $0.99 million, which represents about 1.94% of the total shares outstanding.