Currently, there are 504.45M common shares owned by the public and among those 371.30M shares have been available to trade.
The company’s stock has a 5-day price change of 12.74% and -12.70% over the past three months. RKLB shares are trading -20.42% year to date (YTD), with the 12-month market performance up to 395.60% higher. It has a 12-month low price of $3.47 and touched a high of $33.34 over the same period. RKLB has an average intraday trading volume of 18.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.50%, -15.45%, and 37.42% respectively.
Institutional ownership of Rocket Lab USA Inc (NASDAQ: RKLB) shares accounts for 43.74% of the company’s 504.45M shares outstanding.
It has a market capitalization of $9.19B and a beta (3y monthly) value of 2.05. The earnings-per-share (ttm) stands at -$0.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.21% over the week and 9.46% over the month.
Analysts forecast that Rocket Lab USA Inc (RKLB) will achieve an EPS of -0.09 for the current quarter, -0.07 for the next quarter and 0.07 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.12 while analysts give the company a high EPS estimate of -0.12. Comparatively, EPS for the current quarter was -0.06 a year ago. Earnings per share for the fiscal year are expected to increase by 19.82%, and 84.98% over the next financial year.
Morgan Stanley coverage for the Rocket Lab USA Inc (RKLB) stock in a research note released on July 15, 2024 offered a Equal-Weight rating with a price target of $6. BTIG Research was of a view on June 26, 2024 that the stock is Neutral, while Goldman gave the stock Neutral rating on June 11, 2024, issuing a price target of $4.50. Citigroup on their part issued Buy rating on February 12, 2024.
