Rocket Lab USA Inc (NASDAQ:RKLB) has a beta value of 1.96 and has seen 9.02 million shares traded in the last trading session. The company, currently valued at $8.46B, closed the last trade at $18.65 per share which meant it lost -$1.09 on the day or -5.52% during that session. The RKLB stock price is -78.77% off its 52-week high price of $33.34 and 81.34% above the 52-week low of $3.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 18.42 million shares traded. The 3-month trading volume is 19.26 million shares.
The consensus among analysts is that Rocket Lab USA Inc (RKLB) is Buy stock at the moment, with a recommendation rating of 1.73. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 9 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
Rocket Lab USA Inc (NASDAQ:RKLB) trade information
Sporting -5.52% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RKLB stock price touched $18.65 or saw a rise of 15.61%. Year-to-date, Rocket Lab USA Inc shares have moved -26.78%, while the 5-day performance has seen it change -4.99%. Over the past 30 days, the shares of Rocket Lab USA Inc (NASDAQ:RKLB) have changed 0.65%. Short interest in the company has seen 62.95 million shares shorted with days to cover at 3.7.
Wall Street analysts have a consensus price target for the stock at $21.5, which means that the shares’ value could jump 13.26% from current levels. The projected low price target is $12.0 while the price target rests at a high of $31.0. In that case, then, we find that the current price level is -66.22% off the targeted high while a plunge would see the stock lose 35.66% from current levels.
Rocket Lab USA Inc (RKLB) estimates and forecasts
The company’s shares have gained 66.67% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.01% over the past 5 years.
RKLB Dividends
Rocket Lab USA Inc is expected to release its next earnings report on 2025-Feb-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Rocket Lab USA Inc (NASDAQ:RKLB)’s Major holders
Insiders own 0.77% of the company shares, while shares held by institutions stand at 57.86% with a share float percentage of 58.31%. Investors are also buoyed by the number of investors in a company, with Rocket Lab USA Inc having a total of 511.0 institutions that hold shares in the company. The top two institutional holders are VK SERVICES, LLC with over 52.03 million shares worth more than $249.73 million. As of 2024-06-30, VK SERVICES, LLC held 10.5278% of shares outstanding.
The other major institutional holder is DEER MANAGEMENT CO. LLC, with the holding of over 40.74 million shares as of 2024-06-30. The firm’s total holdings are worth over $195.55 million and represent 8.2435% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.59% shares in the company for having 11.76 shares of worth $219.25 million while later fund manager owns 9.55 shares of worth $178.1 million as of Dec 31, 2024 , which makes it owner of about 2.11% of company’s outstanding stock.
