In the latest trading session,, 6.46 million Rocket Lab USA Inc (NASDAQ:RKLB) shares changed hands as the company’s beta touched 2.05. With the company’s most recent per share price at $25.39 changed hands at -$0.18 or -0.70% at last look, the market valuation stands at $11.72B. RKLB’s current price is a discount, trading about -31.31% off its 52-week high of $33.34. The share price had its 52-week low at $4.15, which suggests the last value was 83.65% up since then.
Analysts gave the Rocket Lab USA Inc (RKLB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.69. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended RKLB as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Rocket Lab USA Inc’s EPS for the current quarter is expected to be -0.07.
Rocket Lab USA Inc (NASDAQ:RKLB) trade information
Instantly RKLB was in red as seen in intraday trades today. With action 19.43%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -0.31%, with the 5-day performance at 19.43% in the green. However, in the 30-day time frame, Rocket Lab USA Inc (NASDAQ:RKLB) is 28.62% up.
The consensus price target for the stock as assigned by Wall Street analysts is 31, meaning bulls need an upside of 18.1% from its recent market value. According to analyst projections, RKLB’s forecast low is 31 with 31 as the target high. To hit the forecast high, the stock’s price needs a -22.1% plunge from its current level, while the stock would need to soar -22.1% for it to hit the projected low.
Rocket Lab USA Inc (RKLB) estimates and forecasts
Year-over-year growth is forecast to reach 30.50% up from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 135.87M. 11 analysts are of the opinion that Rocket Lab USA Inc’s revenue for the current quarter will be 147.95M. The company’s revenue for the corresponding quarters a year ago was 106.25M and 104.81M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 27.88%. The estimates for the next quarter sales put growth at 41.17%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.01%. The 2025 estimates are for Rocket Lab USA Inc earnings to increase by 18.16%.
RKLB Dividends
Rocket Lab USA Inc is expected to release its next quarterly earnings report in June.
DEER MANAGEMENT CO. LLC holds the second largest percentage of outstanding shares, with 8.2435% or 40.74 million shares worth $195.55 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 11.76 shares estimated at $295.89 million under it, the former controlled 2.55% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.07% of the shares, roughly 9.55 shares worth around $240.37 million.
