Rocket Lab USA Inc (NASDAQ: RKLB) is -7.54% lower on its value in year-to-date trading and has touched a low of $3.47 and a high of $33.34 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 RKLB stock was last observed hovering at around $25.26 in the last trading session, with the day’s loss setting it -1.71%.
Currently trading at $23.55, the stock is -16.07% and -12.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.1 million and changing -6.77% at the moment leaves the stock 79.72% off its SMA200. RKLB registered 387.58% gain for a year compared to 6-month gain of 254.14%.
The stock witnessed a -20.49% loss in the last 1 month and extending the period to 3 months gives it a 22.08%, and is -16.78% down 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 9.05% over the week and 8.41% over the month.
Rocket Lab USA Inc (RKLB) has around 1650 employees, a market worth around $11.77B and $363.82M in sales. Profit margin for the company is -51.76%. Distance from 52-week low is 578.67% and -29.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.44%).
with sales reaching $130.57M over the same period.The EPS is expected to shrink by -27.93% this year, but quarterly earnings will post 77.57% year-over-year. Quarterly sales are estimated to grow 117.65% in year-over-year returns.
Rocket Lab USA Inc (RKLB) Top Institutional Holders
The shares outstanding are 499.70M, and float is at 409.12M with Short Float at 12.66%.
The top institutional shareholder in the company is VK SERVICES, LLC with over 52.03 million shares valued at $249.73 million. The investor’s holdings represent 10.5278% of the RKLB Shares outstanding. As of 2024-06-30, the second largest holder is DEER MANAGEMENT CO. LLC with 40.74 million shares valued at $$195.55 million to account for 8.2435 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 31.24 million shares representing 6.3757% and valued at over $149.96 million, while BLACKROCK INC. holds 5.5476 of the shares totaling 27.18 million with a market value of $130.48 million.
Rocket Lab USA Inc (RKLB) Insider Activity
The most recent transaction is an insider sale by Armagno Nina,the company’sDirector. SEC filings show that Armagno Nina sold 10,000 shares of the company’s common stock on Dec 11 ’24 at a price of $23.63 per share for a total of $0.24 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Dec 02 ’24, Slusky Alexander R (Director) disposed off 50,000 shares at an average price of $24.28 for $1.21 million. The insider now directly holds 584,675 shares of Rocket Lab USA Inc (RKLB).
