Redwire Corporation (NYSE: RDW) is -35.60% lower on its value in year-to-date trading and has touched a low of $3.17 and a high of $26.66 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 RDW stock was last observed hovering at around $9.38 in the last trading session, with the day’s gains setting it 1.22%.
Currently trading at $10.60, the stock is -28.12% and -40.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 13.01% at the moment leaves the stock -0.04% off its SMA200. RDW registered 234.38% gain for a year compared to 6-month gain of 69.87%. The firm has a 50-day simple moving average (SMA 50) of $17.8508 and a 200-day simple moving average (SMA200) of $10.604.
The stock witnessed a -57.58% loss in the last 1 month and extending the period to 3 months gives it a -10.47%, and is -12.11% 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 11.94% over the week and 13.94% over the month.
Redwire Corporation (RDW) has around 700 employees, a market worth around $801.08M and $304.10M in sales. Fwd P/E is 181.72. Profit margin for the company is -51.09%. Distance from 52-week low is 234.38% and -60.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-178.63%).
with sales reaching $76.07M over the same period.The EPS is expected to grow by 82.13% this year, but quarterly earnings will post 47.02% year-over-year. Quarterly sales are estimated to shrink -13.36% in year-over-year returns.
Redwire Corporation (RDW) Top Institutional Holders
157.0 institutions hold shares in Redwire Corporation (RDW), with institutional investors hold 76.42% of the company’s shares. The shares outstanding are 66.88M, and float is at 25.52M with Short Float at 14.27%. Institutions hold 74.18% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.45 million shares valued at $10.38 million. The investor’s holdings represent 2.2083% of the RDW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.19 million shares valued at $8.53 million to account for 1.8133 of the shares outstanding. The other top investors are BARCLAYS PLC which holds 0.76 million shares representing 1.1564% and valued at over $5.44 million, while INVESCO LTD. holds 0.9046 of the shares totaling 0.59 million with a market value of $4.25 million.
Redwire Corporation (RDW) Insider Activity
The most recent transaction is an insider sale by Genesis Park II LP, the company’s 10% Owner. SEC filings show that Genesis Park II LP sold 2,338,266 shares of the company’s common stock on Feb 25 ’25 at a price of $11.50 per share for a total of $26.89 million. Following the sale, the insider now owns 6.07 million shares.
Redwire Corporation disclosed in a document filed with the SEC on Feb 19 ’25 that Genesis Park II LP (10% Owner) sold a total of 10,115 shares of the company’s common stock. The trade occurred on Feb 19 ’25 and was made at $24.11 per share for $0.24 million. Following the transaction, the insider now directly holds 3.64 million shares of the RDW stock.
Still, SEC filings show that on Feb 14 ’25, Genesis Park II LP (10% Owner) disposed off 42,449 shares at an average price of $24.22 for $1.03 million. The insider now directly holds 3,662,215 shares of Redwire Corporation (RDW).
