During the last session, Rocket Lab USA Inc (NASDAQ:RKLB)’s traded shares were 18.32 million, with the beta value of the company hitting 2.08. At the end of the trading day, the stock’s price was $20.40, reflecting an intraday gain of 7.40% or $1.4. The 52-week high for the RKLB share is $33.34, that puts it down -63.43 from that peak though still a striking 82.99% gain since the share price plummeted to a 52-week low of $3.47. The company’s market capitalization is $9.25B, and the average trade volume was 19.64 million shares over the past three months.
Rocket Lab USA Inc (RKLB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.62. RKLB has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Rocket Lab USA Inc (NASDAQ:RKLB) trade information
Rocket Lab USA Inc (RKLB) registered a 7.40% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 7.40% in intraday trading to $20.40, hitting a weekly high. The stock’s 5-day price performance is -4.00%, and it has moved by -28.12% in 30 days. Based on these gigs, the overall price performance for the year is 349.34%.
The consensus price target of analysts on Wall Street is $21.5, which implies an increase of 5.12% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $31 respectively. As a result, RKLB is trading at a discount of -51.96% off the target high and 41.18% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 14.01%. While earnings are projected to return 27.15% in 2025.
RKLB Dividends
Rocket Lab USA Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 40.74 million shares, is of DEER MANAGEMENT CO. LLC’s that is approximately 8.2435% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $195.55 million.
Also, the Mutual Funds coming in first place with the largest holdings of Rocket Lab USA Inc (RKLB) 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 11.88 shares. This amounts to just over 2.62 percent of the company’s overall shares, with a $242.39 million market value. The same data shows that the other fund manager holds slightly less at 9.37, or about 2.07% of the stock, which is worth about $191.07 million.
