There is a good chance Rocket Lab USA Inc (RKLB) will undergo another restructuring.

The closing price of Rocket Lab USA Inc (NASDAQ: RKLB) was $4.08 for the day, up 0.74% from the previous closing price of $4.05. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 4492349 shares were traded. RKLB stock price reached its highest trading level at $4.2000 during the session, while it also had its lowest trading level at $4.0600.

Ratios:

Our analysis of RKLB’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RKLB now has a Market Capitalization of 1.98B and an Enterprise Value of 1.91B. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.16 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 7.80 whereas that against EBITDA is -12.88.

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 $3.62. The 50-Day Moving Average of the stock is 4.5292, while the 200-Day Moving Average is calculated to be 5.1370.

Shares Statistics:

RKLB traded an average of 9.11M shares per day over the past three months and 8.95M shares per day over the past ten days. A total of 488.92M shares are outstanding, with a floating share count of 283.93M. Insiders hold about 41.95% of the company’s shares, while institutions hold 26.09% stake in the company. Shares short for RKLB as of Feb 29, 2024 were 47.49M with a Short Ratio of 5.21, compared to 22.44M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.71% and a Short% of Float of 16.28%.

Earnings Estimates

The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.11, while EPS last year was -$0.1. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.11.

Analysts are recommending an EPS of between -$0.36 and -$0.45 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is -$0.14, with 5 analysts recommending between $0.07 and -$0.24.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $96M to a low estimate of $92.33M. As of the current estimate, Rocket Lab USA Inc’s year-ago sales were $54.9M, an estimated increase of 72.60% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $105.65M, an increase of 71.00% less than the figure of $72.60% in the same quarter last year. There is a high estimate of $116M for the next quarter, whereas the lowest estimate is $97M.

A total of 9 analysts have provided revenue estimates for RKLB’s current fiscal year. The highest revenue estimate was $503M, while the lowest revenue estimate was $391.1M, resulting in an average revenue estimate of $431.66M. In the same quarter a year ago, actual revenue was $244.59M, up 76.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $641.34M in the next fiscal year. The high estimate is $763.75M and the low estimate is $500M. The average revenue growth estimate for next year is up 48.60% from the average revenue estimate for this year.

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