In the last trading session, 1.45 million Redwire Corporation (NYSE:RDW) shares changed hands as the company’s beta touched 2.44. With the company’s per share price at $12.30 changed hands at $0.07 or 0.57% during last session, the market valuation stood at $948.13M. RDW’s last price was a discount, traded about -116.75% off its 52-week high of $26.66. The share price had its 52-week low at $4.73, which suggests the last value was 61.54% up since then.
Analysts gave the Redwire Corporation (RDW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended RDW as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Redwire Corporation (NYSE:RDW) trade information
Instantly RDW was in green as seen at the end of in last trading. With action 16.48%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -25.27%, with the 5-day performance at 16.48% in the green. However, in the 30-day time frame, Redwire Corporation (NYSE:RDW) is 21.66% up.
The consensus price target for the stock as assigned by Wall Street analysts is 8.88, meaning bulls need a downside of -38.51% from its current market value. According to analyst projections, RDW’s forecast low is 8.25 with 9.5 as the target high. To hit the forecast high, the stock’s price needs a 22.76% surge from its current level, while the stock would need to tank 32.93% for it to hit the projected low.
Redwire Corporation (RDW) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -53.57%. The 2025 estimates are for Redwire Corporation earnings to increase by 95.49%.
Redwire Corporation (NYSE:RDW)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 1.8097% or 1.19 million shares worth $8.53 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 iShares Trust-iShares Russell 2000 ETF. With 737.34 shares estimated at $9.07 million under it, the former controlled 0.96% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 0.80% of the shares, roughly 613.62 shares worth around $7.55 million.
