In the last trading session, 20.57 million shares of the Rocket Lab Corp (NASDAQ:RKLB) were traded, and its beta was 2.07. Most recently the company’s share price was $28.76, and it changed around $3.34 or 13.14% from the last close, which brings the market valuation of the company to $13.27B. RKLB currently trades at a discount to its 52-week high of $33.34, offering almost -15.92% off that amount. The share price’s 52-week low was $4.15, which indicates that the current value has risen by an impressive 85.57% since then. We note from Rocket Lab Corp’s average daily trading volume that its 10-day average is 21.05 million shares, with the 3-month average coming to 17.17 million.
Rocket Lab Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.69. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 5 recommended RKLB as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.
Rocket Lab Corp (NASDAQ:RKLB) trade information
Instantly RKLB has showed a green trend with a performance of 13.14% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 12.92% year-to-date, but still up 11.47% over the last five days. On the other hand, Rocket Lab Corp (NASDAQ:RKLB) is 28.51% up in the 30-day period. We can see from the shorts that 59.71 million shares have been sold at a short interest cover period of 3.7 day(s).
The consensus price target as assigned by Wall Street analysts is $31, which translates to bulls needing to increase their stock price by 7.23% from its current value. Analyst projections state that RKLB is forecast to be at a low of $31 and a high of $31.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.01%.
RKLB Dividends
Rocket Lab Corp’s next quarterly earnings report is expected to be released on 2025-May-07.
DEER MANAGEMENT CO. LLC, with 8.2435% or 40.74 million shares worth $195.55 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 11.76 shares worth $338.1 million, making up 2.55% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 9.55 shares worth around $274.65 million, which represents about 2.07% of the total shares outstanding.
