In last trading session, Rocket Lab USA Inc (NASDAQ:RKLB) saw 22.79 million shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $25.26 trading at -$0.67 or -2.58% at ring of the bell on the day assigns it a market valuation of $12.63B. That closing price of RKLB’s stock is at a discount of -31.99% from its 52-week high price of $33.34 and is indicating a premium of 86.26% from its 52-week low price of $3.47.
For Rocket Lab USA Inc (RKLB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.86. 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.
Rocket Lab USA Inc (NASDAQ:RKLB) trade information
Upright in the red during last session for losing -2.58%, in the last five days RKLB remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $25.26 price level, adding 15.21% to its value on the day. Rocket Lab USA Inc’s shares saw a change of -0.82% in year-to-date performance and have moved -8.54% in past 5-day. Rocket Lab USA Inc (NASDAQ:RKLB) showed a performance of -19.22% in past 30-days.
Wall Street analysts have assigned a consensus price target of 21.5 to the stock, which implies a fall of -17.49% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 31. It follows that stock’s current price would jump 52.49% in reaching the projected high whereas dropping to the targeted low would mean a gain of 52.49% for stock’s current value.
Rocket Lab USA Inc (NASDAQ:RKLB)’s Major holders
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 10.5278 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 8.2435 of outstanding shares, having a total worth of $195.55 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 11.88 shares of worth $300.13 million or 2.38% of the total outstanding shares. The later fund manager was in possession of 9.77 shares on Nov 30, 2024 , making its stake of worth around $246.74 million in the company or a holder of 1.95% of company’s stock.
