Terran Orbital Corp (NYSE: LLAP) has experienced a decline in its stock price by -2.24 compared to its previous closing price of 1.34. However, the company has seen a fall of -9.66% in its stock price over the last five trading days. Proactive Investors reported 2024-04-16 that Terran Orbital (NYSE:LLAP)’s subsidiary Tyvak International announced the successful launch of the Fleet Space Technologies’ Centauri-6 satellite, which was developed in collaboration with the company. It was launched on Sunday, April 7, from Launch Complex 39A at the Kennedy Space Center, Florida, on board the SpaceX Bandwagon-1 mission.
Is It Worth Investing in Terran Orbital Corp (NYSE: LLAP) Right Now?
The 36-month beta value for LLAP is at 2.26. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LLAP is 149.51M, and currently, shorts hold a 9.63% of that float. The average trading volume for LLAP on April 25, 2024 was 3.38M shares.
LLAP’s Market Performance
LLAP stock saw an increase of -9.66% in the past week, with a monthly gain of 22.43% and a quarterly increase of 55.99%. The volatility ratio for the week is 6.61%, and the volatility levels for the last 30 days are 9.46% for Terran Orbital Corp (LLAP). The simple moving average for the past 20 days is -4.13% for LLAP’s stock, with a 21.67% simple moving average for the past 200 days.
Analysts’ Opinion of LLAP
Many brokerage firms have already submitted their reports for LLAP stocks, with B. Riley Securities repeating the rating for LLAP by listing it as a “Neutral.” The predicted price for LLAP in the upcoming period, according to B. Riley Securities is $1.35 based on the research report published on January 08, 2024 of the current year 2024.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see LLAP reach a price target of $5. The rating they have provided for LLAP stocks is “Buy” according to the report published on July 28th, 2023.
BofA Securities gave a rating of “Underperform” to LLAP, setting the target price at $1.35 in the report published on May 26th of the previous year.
LLAP Trading at 9.53% from the 50-Day Moving Average
After a stumble in the market that brought LLAP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.17% of loss for the given period.
Volatility was left at 9.46%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares surge +10.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.77% upper at present.
During the last 5 trading sessions, LLAP fell by -9.66%, which changed the moving average for the period of 200-days by -25.57% in comparison to the 20-day moving average, which settled at $1.3725. In addition, Terran Orbital Corp saw 14.91% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LLAP starting from Siegmann Jonathan, who purchase 20,000 shares at the price of $1.27 back on Jun 23 ’23. After this action, Siegmann Jonathan now owns 20,000 shares of Terran Orbital Corp, valued at $25,400 using the latest closing price.
Stock Fundamentals for LLAP
Current profitability levels for the company are sitting at:
- -0.8 for the present operating margin
- 0.06 for the gross margin
The net margin for Terran Orbital Corp stands at -1.12. The total capital return value is set at -1.64.
Based on Terran Orbital Corp (LLAP), the company’s capital structure generated 7.68 points at debt to capital in total, while cash flow to debt ratio is standing at -0.31. The debt to equity ratio resting at -1.15. The interest coverage ratio of the stock is -2.25.
Currently, EBITDA for the company is -99.83 million with net debt to EBITDA at -1.27. When we switch over and look at the enterprise to sales, we see a ratio of 2.9. The receivables turnover for the company is 3.76for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In conclusion, Terran Orbital Corp (LLAP) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
