In last trading session, Redwire Corporation (NYSE:RDW) saw 1.13 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $12.47 trading at -$1.18 or -8.64% at ring of the bell on the day assigns it a market valuation of $829.76M. That closing price of RDW’s stock is at a discount of -22.29% from its 52-week high price of $15.25 and is indicating a premium of 78.51% from its 52-week low price of $2.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.74 million shares which gives us an average trading volume of 584.33K if we extend that period to 3-months.

For Redwire Corporation (RDW), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 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 -0.08 in the current quarter.

Redwire Corporation (NYSE:RDW) trade information

Upright in the red during last session for losing -8.64%, in the last five days RDW remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $12.47 price level, adding 11.5% to its value on the day. Redwire Corporation’s shares saw a change of 337.54% in year-to-date performance and have moved 6.86% in past 5-day. Redwire Corporation (NYSE:RDW) showed a performance of 15.36% in past 30-days. Number of shares sold short was 3.94 million shares which calculate 5.15 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8.88 to the stock, which implies a fall of -40.51% to its current value. Analysts have been projecting 8.25 as a low price target for the stock while placing it at a high target of 9.5. It follows that stock’s current price would jump 33.84% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.84% for stock’s current value.

Redwire Corporation (RDW) estimates and forecasts

Statistics highlight that Redwire Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company added 116.49% of value to its shares in past 6 months, showing an annual growth rate of -47.95% while that of industry is 14.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 27.20% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 74.59M for the same. And 3 analysts are in estimates of company making revenue of 79.59M in the next quarter. Company posted 63.48M and 87.79M of sales in current and next quarters respectively a year earlier.

Redwire Corporation (NYSE:RDW)’s Major holders

Insiders are in possession of 57.18% of company’s total shares while institution are holding 21.57 percent of that, with stock having share float percentage of 50.38%. Investors also watch the number of corporate investors in a company very closely, which is 21.57% institutions for Redwire Corporation that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at RDW for having 1.45 million shares of worth $10.38 million. And as of 2024-06-30, it was holding 2.2083 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.19 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.8133 of outstanding shares, having a total worth of $8.53 million.