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The price of Redwire Corporation (NYSE: RDW) closed at $12.47 in the last session, down -8.64% from day before closing price of $13.65. In other words, the price has decreased by -$8.64 from its previous closing price. On the day, 1.13 million shares were traded. RDW stock price reached its highest trading level at $14.09 during the session, while it also had its lowest trading level at $12.27.
Ratios:
We take a closer look at RDW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on November 26, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
On October 29, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $8 to $9.50.
B. Riley Securities Upgraded its Neutral to Buy on August 09, 2024, while the target price for the stock was maintained at $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 02 ’24 when Genesis Park II LP sold 16,717 shares for $15.01 per share. The transaction valued at 250,860 led to the insider holds 4,693,297 shares of the business.
AE RED HOLDINGS, LLC sold 39,266 shares of RDW for $286,249 on Jul 18 ’24. The Director now owns 35,733,411 shares after completing the transaction at $7.29 per share. On Jul 19 ’24, another insider, AE RED HOLDINGS, LLC, who serves as the Director of the company, sold 24,883 shares for $7.10 each. As a result, the insider received 176,669 and left with 35,708,528 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDW now has a Market Capitalization of 829765056 and an Enterprise Value of 1033579648. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78. Its current Enterprise Value per Revenue stands at 3.468 whereas that against EBITDA is -77.795.
Stock Price History:
Over the past 52 weeks, RDW has reached a high of $15.25, while it has fallen to a 52-week low of $2.68. The 50-Day Moving Average of the stock is 19.59%, while the 200-Day Moving Average is calculated to be 84.42%.
Shares Statistics:
According to the various share statistics, RDW traded on average about 584.33K shares per day over the past 3-months and 741430 shares per day over the past 10 days. A total of 65.93M shares are outstanding, with a floating share count of 23.49M. Insiders hold about 64.70% of the company’s shares, while institutions hold 14.54% stake in the company. Shares short for RDW as of 1732838400 were 3940840 with a Short Ratio of 6.74, compared to 1730332800 on 2993800. Therefore, it implies a Short% of Shares Outstanding of 3940840 and a Short% of Float of 13.62.
Earnings Estimates
The stock of Redwire Corporation (RDW) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.62 and -$0.62 for the fiscal current year, implying an average EPS of -$0.62. EPS for the following year is -$0.17, with 1.0 analysts recommending between -$0.17 and -$0.17.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $74.59M. It ranges from a high estimate of $76.11M to a low estimate of $70M. As of the current estimate, Redwire Corporation’s year-ago sales were $63.48MFor the next quarter, 6 analysts are estimating revenue of $79.59M. There is a high estimate of $81.7M for the next quarter, whereas the lowest estimate is $76.3M.
A total of 6 analysts have provided revenue estimates for RDW’s current fiscal year. The highest revenue estimate was $310.66M, while the lowest revenue estimate was $309.77M, resulting in an average revenue estimate of $310.13M. In the same quarter a year ago, actual revenue was $243.8MBased on 6 analysts’ estimates, the company’s revenue will be $361.91M in the next fiscal year. The high estimate is $375.6M and the low estimate is $338.9M.
