Redwire Corporation (NYSE:RDW)’s traded shares stood at 1.63 million during the last session, with the company’s beta value hitting 2.33. At the close of trading, the stock’s price was $14.03, to imply a decrease of -3.24% or -$0.47 in intraday trading. The RDW share’s 52-week high remains $26.66, putting it -90.02% down since that peak but still an impressive 79.26% since price per share fell to its 52-week low of $2.91.
Analysts have given a consensus recommendation of Buy for Redwire Corporation (RDW), translating to a mean rating of 1.00. Of 7 analyst(s) looking at the stock, 0 analyst(s) give RDW a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.08.
Redwire Corporation (NYSE:RDW) trade information
After registering a -3.24% downside in the last session, Redwire Corporation (RDW) has traded red over the past five days. The 5-day price performance for the stock is -29.85%, and -36.23% over 30 days. With these gigs, the year-to-date price performance is -14.76%.
The extremes give us $9.5 and $9.5 for target low and target high price respectively. As such, RDW has been trading 32.29% off suggested target high and 32.29% from its likely low.
Redwire Corporation (RDW) estimates and forecasts
The rating firms project that company’s revenue will grow 26.89% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 74.55M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 81.52M.Earnings reports from the last fiscal year show that sales brought in 63.48M and 87.79M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 17.42% before dropping -7.14% in the following quarter.
RDW Dividends
Redwire Corporation has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.19 million shares, or about 1.8133% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.53 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Redwire Corporation (RDW) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 737.34 shares. This is just over 1.11% of the total shares, with a market valuation of $10.34 million. Data from the same date shows that the other fund manager holds a little less at 653.01, or 0.98% of the shares, all valued at about 9.16 million.
