Rocket Lab Corp (NASDAQ:RKLB) has a beta value of 651.00% and has seen 17.65 shares traded in the last trading session. The company, currently valued at $13.86B, closed the last trade at $27.85 per share which meant it lost -$1.24 on the day or 30.04% during that session. The RKLB stock price is -19.71% off its 52-week high price of $33.34 and 84.92% above the 52-week low of $4.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 25.85 million shares traded. The 3-month trading volume is 2.09 shares.
The consensus among analysts is that Rocket Lab Corp (RKLB) is Buy stock at the moment, with a recommendation rating of 64.22. 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 Corp (NASDAQ:RKLB) trade information
Sporting 30.04% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the RKLB stock price touched $27.85 or saw a rise of 7.51%. Year-to-date, Rocket Lab Corp shares have moved 592.17%, while the 5-day performance has seen it change 13.79%. Over the past 30 days, the shares of Rocket Lab Corp (NASDAQ:RKLB) have changed 15.54%. Short interest in the company has seen 57.42 million shares shorted with days to cover at 3.26.
Wall Street analysts have a consensus price target for the stock at $31, which means that the shares’ value could jump 10.16% 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 -11.31% off the targeted high while a plunge would see the stock gain -11.31% from current levels.
Rocket Lab Corp (RKLB) estimates and forecasts
The company’s shares have gained 15.98% 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 11.80% 14.01% over the past 5 years.
RKLB Dividends
Rocket Lab Corp is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Rocket Lab Corp (NASDAQ:RKLB)’s Major holders
Insiders own 0.71% of the company shares, while shares held by institutions stand at 54.05% with a share float percentage of 54.44%. Investors are also buoyed by the number of investors in a company, with Rocket Lab Corp having a total of 545.0 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.
