In recent trading session, Rocket Lab USA Inc (NASDAQ:RKLB) saw 6.66 million shares changing hands at last check today with its beta currently measuring 1.35. Company’s recent per share price level of $13.65 trading at $0.6 or 4.56% at last check today assigns it a market valuation of $6.78B. That most recent trading price of RKLB’s stock is at a premium of 4.32% from its 52-week high price of $13.06 and is indicating a premium of 74.58% from its 52-week low price of $3.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.24 million shares which gives us an average trading volume of 14.77 million if we extend that period to 3-months.

For Rocket Lab USA Inc (RKLB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.79. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.11 in the current quarter.

Rocket Lab USA Inc (NASDAQ:RKLB) trade information

Upright in the green today for gaining 4.56%, in the last five days RKLB remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $13.65 price level, adding 1.02% to its value on the day. Rocket Lab USA Inc’s shares saw a change of 146.75% in year-to-date performance and have moved 27.52% in past 5-day. Rocket Lab USA Inc (NASDAQ:RKLB) showed a performance of 44.39% in past 30-days. Number of shares sold short was 62.13 million shares which calculate 4.18 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a fall of -95.0% to its recent value today. Analysts have been projecting 4.5 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would jump 67.03% in reaching the projected high whereas dropping to the targeted low would mean a gain of 67.03% for stock’s current value.

Rocket Lab USA Inc (RKLB) estimates and forecasts

Statistics highlight that Rocket Lab USA Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 220.31% of value to its shares in past 6 months, showing an annual growth rate of -2.63% while that of industry is 12.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 73.10% from the last financial year’s standing.

12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 102.28M for the same. And 12 analysts are in estimates of company making revenue of 121.92M in the next quarter.

Rocket Lab USA Inc (NASDAQ:RKLB)’s Major holders

Insiders are in possession of 11.02% of company’s total shares while institution are holding 57.16 percent of that, with stock having share float percentage of 64.24%. Investors also watch the number of corporate investors in a company very closely, which is 57.16% institutions for Rocket Lab USA Inc that are currently holding shares of the company. VK SERVICES, LLC is the top institutional holder at RKLB for having 52.03 million shares of worth $249.73 million. And as of 2024-06-30, it was holding 10.6179 of the company’s outstanding shares.

The second largest institutional holder is DEER MANAGEMENT CO. LLC, which was holding about 40.74 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.3141 of outstanding shares, having a total worth of $195.55 million.