After finishing at $1.53 in the prior trading day, Terran Orbital Corp (NYSE: LLAP) closed at $1.54, up 0.65%. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 4483323 shares were traded. LLAP stock price reached its highest trading level at $1.6150 during the session, while it also had its lowest trading level at $1.4700.
Ratios:
Our goal is to gain a better understanding of LLAP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.01.
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 the company, B. Riley Securities on January 08, 2024, Downgraded its rating to Neutral and sets its target price to $1.35 from $2.50 previously.
On July 28, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $5.
BofA Securities Downgraded its Buy to Underperform on May 26, 2023, whereas the target price for the stock was revised from $7 to $1.35.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 23 ’23 when Siegmann Jonathan bought 20,000 shares for $1.27 per share. The transaction valued at 25,400 led to the insider holds 20,000 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LLAP now has a Market Capitalization of 309.96M and an Enterprise Value of 422.57M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.28. Its current Enterprise Value per Revenue stands at 3.11 whereas that against EBITDA is -4.48.
Stock Price History:
Over the past 52 weeks, LLAP has reached a high of $2.04, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 1.0829, while the 200-Day Moving Average is calculated to be 1.0787.
Shares Statistics:
The stock has traded on average 3.52M shares per day over the past 3-months and 4.56M shares per day over the last 10 days, according to various share statistics. A total of 199.41M shares are outstanding, with a floating share count of 149.51M. Insiders hold about 25.72% of the company’s shares, while institutions hold 48.44% stake in the company. Shares short for LLAP as of Mar 28, 2024 were 14.39M with a Short Ratio of 4.08, compared to 14.69M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.15% and a Short% of Float of 9.29%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.18, while EPS last year was -$0.38. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.14 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.47 and -$0.63 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.32, with 3 analysts recommending between -$0.23 and -$0.48.
Revenue Estimates
3 analysts predict $45.37M in revenue for the current quarter. It ranges from a high estimate of $52.77M to a low estimate of $41.33M. As of the current estimate, Terran Orbital Corp’s year-ago sales were $28.2M, an estimated increase of 60.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $73.36M, an increase of 127.60% over than the figure of $60.90% in the same quarter last year. There is a high estimate of $113.46M for the next quarter, whereas the lowest estimate is $51.64M.
A total of 4 analysts have provided revenue estimates for LLAP’s current fiscal year. The highest revenue estimate was $662.16M, while the lowest revenue estimate was $273.44M, resulting in an average revenue estimate of $379.9M. In the same quarter a year ago, actual revenue was $135.91M, up 179.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $487.34M in the next fiscal year. The high estimate is $545M and the low estimate is $450.01M. The average revenue growth estimate for next year is up 28.30% from the average revenue estimate for this year.
