Will Terran Orbital Corp (LLAP) benefit from Wall Street bulls Calls?

Terran Orbital Corp (NYSE: LLAP) is -18.85% lower on its value in year-to-date trading and has touched a low of $0.62 and a high of $3.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LLAP stock was last observed hovering at around $0.86 in the last trading session, with the day’s gains setting it 0.07%.

Currently trading at $0.93, the stock is 10.09% and 0.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing 7.98% at the moment leaves the stock -19.97% off its SMA200. LLAP registered -49.72% loss for a year compared to 6-month loss of -20.93%. The firm has a 50-day simple moving average (SMA 50) of $2.34 and a 200-day simple moving average (SMA200) of -$3.55.

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The stock witnessed a -5.60% gain in the last 1 month and extending the period to 3 months gives it a 12.82%, and is 18.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.42% over the week and 8.96% over the month.

Profit margin for the company is -104.22%. Distance from 52-week low is 49.21% and -73.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-222.28%).

Terran Orbital Corp quarterly earnings per share for the current quarter are estimated at -$0.2 with sales reaching $32.81M over the same period.The EPS is expected to grow by 33.79% this year, but quarterly earnings will post 45.40% year-over-year. Quarterly sales are estimated to grow 2.80% in year-over-year returns.

Terran Orbital Corp (LLAP) Top Institutional Holders

137 institutions hold shares in Terran Orbital Corp (LLAP), with institutional investors hold 61.71% of the company’s shares. The shares outstanding are 194.46M, and float is at 144.40M with Short Float at 9.33%. Institutions hold 45.13% of the Float.

The top institutional shareholder in the company is Armistice Capital, LLC with over 15.32 million shares valued at $22.99 million. The investor’s holdings represent 8.89% of the LLAP Shares outstanding. As of Jun 29, 2023, the second largest holder is Lockheed Martin Corp. with 13.48 million shares valued at $20.22 million to account for 7.82% of the shares outstanding. The other top investors are Beach Point Capital Management LP which holds 10.02 million shares representing 5.82% and valued at over $15.04 million, while Stone Point Wealth LLC holds 3.65% of the shares totaling 6.3 million with a market value of $9.44 million.

Terran Orbital Corp (LLAP) Insider Activity

A total of 14 insider transactions have happened at Terran Orbital Corp (LLAP) in the last six months, with sales accounting for 3 and purchases happening 11 times. The most recent transaction is an insider purchase by Siegmann Jonathan ,the company’sSVP, Corporate Development. SEC filings show that Siegmann Jonathan bought 20,000 shares of the company’s common stock on Jun 23 at a price of $1.27 per share for a total of $25400.0. Following the purchase, the insider now owns 20000.0 shares.

Terran Orbital Corp disclosed in a document filed with the SEC on Feb 27 that Beach Point Capital Management (10% Owner) sold a total of 627,200 shares of the company’s common stock. The trade occurred on Feb 27 and was made at $3.02 per share for $1.89 million. Following the transaction, the insider now directly holds 0.78 million shares of the LLAP stock.

Still, SEC filings show that on Feb 27, Beach Point Capital Management (10% Owner) disposed off 172,800 shares at an average price of $3.02 for $0.52 million. The insider now directly holds 628,709 shares of Terran Orbital Corp (LLAP).