In the last trading session, 3.91 million Redwire Corporation (NYSE:RDW) shares changed hands as the company’s beta touched 2.55. With the company’s per share price at $15.31 changed hands at -$0.99 or -6.07% during last session, the market valuation stood at $2.18B. RDW’s last price was a discount, traded about -74.13% off its 52-week high of $26.66. The share price had its 52-week low at $4.87, which suggests the last value was 68.19% up since then. When we look at Redwire Corporation’s average trading volume, we note the 10-day average is 5.46 million shares, with the 3-month average coming to 2.48 million.
Analysts gave the Redwire Corporation (RDW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.29. 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 red as seen at the end of in last trading. With action -7.38%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 123.83%, with the 5-day performance at -7.38% in the red. However, in the 30-day time frame, Redwire Corporation (NYSE:RDW) is 6.99% up. Looking at the short shares, we see there were 8.57 million shares sold at short interest cover period of 3.23 days.
The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 4.31% from its current market value. According to analyst projections, RDW’s forecast low is 16 with 16 as the target high. To hit the forecast high, the stock’s price needs a -4.51% plunge from its current level, while the stock would need to soar -4.51% for it to hit the projected low.
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 92.70%.
RDW Dividends
Redwire Corporation is expected to release its next quarterly earnings report on 2025-May-12.
Redwire Corporation (NYSE:RDW)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 36.37% of Redwire Corporation shares while 73.75% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 115.90%. There are 73.75% institutions holding the Redwire Corporation stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 2.204% of the shares, roughly 1.45 million RDW shares worth $10.38 million.
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.
