During the last session, Redwire Corporation (NYSE:RDW)’s traded shares were 2.69 million, with the beta value of the company hitting 2.25. At the end of the trading day, the stock’s price was $24.99, reflecting an intraday gain of 13.95% or $3.06. The 52-week high for the RDW share is $26.66, that puts it down -6.68 from that peak though still a striking 88.44% gain since the share price plummeted to a 52-week low of $2.89. The company’s market capitalization is $1.67B, and the average intraday trading volume over the past 10 days was 1.96 million shares, and the average trade volume was 1.45 million shares over the past three months.

Redwire Corporation (RDW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. RDW has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.08.

Redwire Corporation (NYSE:RDW) trade information

Redwire Corporation (RDW) registered a 13.95% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.95% in intraday trading to $24.99, hitting a weekly high. The stock’s 5-day price performance is 6.16%, and it has moved by 79.27% in 30 days. Based on these gigs, the overall price performance for the year is 722.04%. The short interest in Redwire Corporation (NYSE:RDW) is 5.58 million shares and it means that shorts have 2.64 day(s) to cover.

The consensus price target of analysts on Wall Street is $9.5, which implies a decrease of -163.05% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.5 and $9.5 respectively. As a result, RDW is trading at a premium of 61.98% off the target high and 61.98% off the low.

Redwire Corporation (RDW) estimates and forecasts

In the rating firms’ projections, revenue will increase 26.89% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 74.55M as predicted by 5 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 81.52M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 63.48M and 87.79M respectively. In this case, analysts expect current quarter sales to grow by 17.42% and then drop by -7.14% in the coming quarter.

While earnings are projected to return -145.45% in 2025.

RDW Dividends

Redwire Corporation is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Redwire Corporation (NYSE:RDW)’s Major holders

Redwire Corporation insiders own 57.02% of total outstanding shares while institutional holders control 20.91%, with the float percentage being 48.66%. BLACKROCK INC. is the largest shareholder of the company, while 142.0 institutions own stock in it. As of 2024-06-30, the company held over 1.45 million shares (or 2.2083% of all shares), a total value of $10.38 million in shares.

The next largest institutional holding, with 1.19 million shares, is of VANGUARD GROUP INC’s that is approximately 1.8133% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.53 million.

Also, the Mutual Funds coming in first place with the largest holdings of Redwire Corporation (RDW) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 737.34 shares. This amounts to just over 1.11 percent of the company’s overall shares, with a $18.43 million market value. The same data shows that the other fund manager holds slightly less at 653.01, or about 0.98% of the stock, which is worth about $16.32 million.