The 36-month beta value for RKLB is at 1.99. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for RKLB is 373.67M, and currently, shorts hold a 14.27% of that float. The average trading volume for RKLB on January 20, 2025 was 20.94M shares.
RKLB) stock’s latest price update
Rocket Lab USA Inc (NASDAQ: RKLB)’s stock price has dropped by -2.60 in relation to previous closing price of 24.64. Nevertheless, the company has seen a loss of -10.81% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-17 that Rocket Lab is rapidly scaling its operations, with strong momentum in both launch services and space systems, supported by a growing $1.05 billion backlog. The global space economy is set to triple by 2035, and Rocket Lab is well-positioned to benefit from rising investments in space. Fundamental analysis and mitigating factors are crucial in understanding RKLB’s potential and future growth prospects.
RKLB’s Market Performance
Rocket Lab USA Inc (RKLB) has seen a -10.81% fall in stock performance for the week, with a -7.34% decline in the past month and a 114.48% surge in the past quarter. The volatility ratio for the week is 7.10%, and the volatility levels for the past 30 days are at 8.84% for RKLB.. The simple moving average for the past 20 days is -7.15% for RKLB’s stock, with a 133.80% simple moving average for the past 200 days.
Analysts’ Opinion of RKLB
Morgan Stanley, on the other hand, stated in their research note that they expect to see RKLB reach a price target of $6, previously predicting the price at $8. The rating they have provided for RKLB stocks is “Equal-Weight” according to the report published on July 15th, 2024.
RKLB Trading at 4.43% from the 50-Day Moving Average
After a stumble in the market that brought RKLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.69% of loss for the given period.
Volatility was left at 8.84%, however, over the last 30 days, the volatility rate increased by 7.10%, as shares sank -8.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +113.33% upper at present.
During the last 5 trading sessions, RKLB fell by -10.81%, which changed the moving average for the period of 200-days by +520.16% in comparison to the 20-day moving average, which settled at $25.85. In addition, Rocket Lab USA Inc saw -5.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RKLB starting from NINA ARMAGNO, who proposed sale 10,000 shares at the price of $23.63 back on Dec 11 ’24. After this action, NINA ARMAGNO now owns shares of Rocket Lab USA Inc, valued at $236,345 using the latest closing price.
Slusky Alexander R, the Director of Rocket Lab USA Inc, sale 50,000 shares at $24.28 during a trade that took place back on Dec 02 ’24, which means that Slusky Alexander R is holding 584,675 shares at $1,214,230 based on the most recent closing price.
Stock Fundamentals for RKLB
Current profitability levels for the company are sitting at:
- -0.51 for the present operating margin
- 0.24 for the gross margin
The net margin for Rocket Lab USA Inc stands at -0.52. The total capital return value is set at -0.21. Equity return is now at value -37.45, with -17.91 for asset returns.
Based on Rocket Lab USA Inc (RKLB), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at -0.21. The debt to equity ratio resting at 1.01. The interest coverage ratio of the stock is -51.92.
Currently, EBITDA for the company is -148.78 million with net debt to EBITDA at -0.86. When we switch over and look at the enterprise to sales, we see a ratio of 33.34. The receivables turnover for the company is 4.38for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.58.
Conclusion
In conclusion, Rocket Lab USA Inc (RKLB) has had a mixed performance lately. Opinion on the stock among analysts is bullish, 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.
