Rocket Lab USA Inc (NASDAQ:RKLB) has a beta value of 2.00 and has seen 14.88 million shares traded in the last trading session. The company, currently valued at $10.07B, closed the last trade at $21.83 per share which meant it gained $0.57 on the day or 2.68% during that session. The RKLB stock price is -52.73% off its 52-week high price of $33.34 and 80.99% above the 52-week low of $4.15.
The consensus among analysts is that Rocket Lab USA Inc (RKLB) is Buy stock at the moment, with a recommendation rating of 1.69. 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. The expected earnings per share for the stock is -0.07.
Rocket Lab USA Inc (NASDAQ:RKLB) trade information
Sporting 2.68% in the green 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 $21.83 or saw a rise of 5.91%. Year-to-date, Rocket Lab USA Inc shares have moved -14.29%, while the 5-day performance has seen it change -2.41%. Over the past 30 days, the shares of Rocket Lab USA Inc (NASDAQ:RKLB) have changed 11.21%.
Wall Street analysts have a consensus price target for the stock at $31, which means that the shares’ value could jump 29.58% from current levels. The projected low price target is $31.0 while the price target rests at a high of $31.0. In that case, then, we find that the current price level is -42.01% off the targeted high while a plunge would see the stock gain -42.01% from current levels.
Rocket Lab USA Inc (RKLB) estimates and forecasts
The company’s shares have gained 62.18% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 30.50%.
11 analysts offering their estimates for the company have set an average revenue estimate of 135.87M for the current quarter. 11 have an estimated revenue figure of 147.95M for the next ending quarter. Year-ago sales stood 106.25M and 104.81M respectively for this quarter and the next, and analysts expect sales will grow by 27.88% for the current quarter and 30.50% for the next.
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 in June 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
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 2.55% shares in the company for having 11.76 shares of worth $256.63 million while later fund manager owns 9.55 shares of worth $208.47 million as of Dec 31, 2024 , which makes it owner of about 2.07% of company’s outstanding stock.
