As of close of business last night, Rocket Lab USA Inc’s stock clocked out at $3.56, up 0.85% from its previous closing price of $3.53. On the day, 7230973 shares were traded.
Ratios:
To gain a deeper understanding of RKLB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.29.
On January 17, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $8.
On October 26, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $6.Cantor Fitzgerald initiated its Overweight rating on October 26, 2023, with a $6 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 05 ’24 when Spice Adam C. sold 67,160 shares for $4.25 per share. The transaction valued at 285,631 led to the insider holds 1,442,206 shares of the business.
Kampani Arjun sold 31,394 shares of RKLB for $133,519 on Mar 05 ’24. The General Counsel now owns 695,147 shares after completing the transaction at $4.25 per share. On Nov 29 ’23, another insider, Spice Adam C., who serves as the Chief Financial Officer of the company, sold 57,721 shares for $4.46 each. As a result, the insider received 257,609 and left with 1,509,366 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.12 while its Price-to-Book (P/B) ratio in mrq is 3.14.
Stock Price History:
Over the past 52 weeks, RKLB has reached a high of $8.05, while it has fallen to a 52-week low of $3.51.
Shares Statistics:
A total of 488.92M shares are outstanding, with a floating share count of 286.00M. Insiders hold about 41.53% of the company’s shares, while institutions hold 26.10% stake in the company.
Earnings Estimates
As of right now, Rocket Lab USA, Inc. analysts gave their recommendation on the stock of the company.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
