In last trading session, Rocket Lab USA Inc (NASDAQ:RKLB) saw 10.4 million shares changing hands with its beta currently measuring 2.07. Company’s recent per share price level of $17.57 trading at -$0.86 or -4.67% at ring of the bell on the day assigns it a market valuation of $7.97B. That closing price of RKLB’s stock is at a discount of -89.76% from its 52-week high price of $33.34 and is indicating a premium of 80.25% from its 52-week low price of $3.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 20.89 million shares which gives us an average trading volume of 19.64 million if we extend that period to 3-months.
For Rocket Lab USA Inc (RKLB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. 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. The company is expected to be making an EPS of -0.09 in the current quarter.
Rocket Lab USA Inc (NASDAQ:RKLB) trade information
Upright in the red during last session for losing -4.67%, in the last five days RKLB remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $17.57 price level, adding 9.34% to its value on the day. Rocket Lab USA Inc’s shares saw a change of -31.02% in year-to-date performance and have moved -5.84% in past 5-day. Rocket Lab USA Inc (NASDAQ:RKLB) showed a performance of -37.74% in past 30-days. Number of shares sold short was 56.53 million shares which calculate 2.84 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 21.5 to the stock, which implies a rise of 18.28% 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 31.7% in reaching the projected high whereas dropping to the targeted low would mean a gain of 31.7% for stock’s current value.
Rocket Lab USA Inc (RKLB) estimates and forecasts
This year revenue growth is estimated to rise 32.89% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 120.74M for the same. And 10 analysts are in estimates of company making revenue of 137.59M in the next quarter. Company posted 92.77M and 106.25M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 14.01% during past 5 years.
Rocket Lab USA Inc (NASDAQ:RKLB)’s Major holders
Insiders are in possession of 0.77% of company’s total shares while institution are holding 57.83 percent of that, with stock having share float percentage of 58.27%. Investors also watch the number of corporate investors in a company very closely, which is 57.83% institutions for Rocket Lab USA Inc that are currently holding shares of the company. 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 Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 11.76 shares of worth $206.55 million or 2.59% of the total outstanding shares. The later fund manager was in possession of 9.55 shares on Dec 31, 2024 , making its stake of worth around $167.79 million in the company or a holder of 2.11% of company’s stock.