Perhaps timely catching Terran Orbital Corporation (LLAP) would be a good idea

Terran Orbital Corporation (NYSE: LLAP) stock fell -8.33% on Wednesday to $1.43 against a previous-day closing price of $1.56. With 5.44 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.78 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $1.5200 whereas the lowest price it dropped to was $1.4200. The 52-week range on LLAP shows that it touched its highest point at $6.68 and its lowest point at $1.29 during that stretch. It currently has a 1-year price target of $8.38.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LLAP was down-trending over the past week, with a drop of -7.74%, but this was down by -15.38% over a month. Three-month performance dropped to -51.85% while six-month performance fell -44.79%. The stock lost -74.56% in the past year, while it has lost -9.49% so far this year. A look at the trailing 12-month EPS for LLAP yields -1.03 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.15. This implies an EPS growth rate of -26.80% for this year and 84.00% for next year.

Float and Shares Shorts:

At present, 144.06 million LLAP shares are outstanding with a float of 75.86 million shares on hand for trading. On May 14, 2023, short shares totaled 8.51 million, which was 5.87% higher than short shares on Apr 13, 2023. In addition to Mr. Marc H. Bell as the firm’s Co-Founder, Chairman & CEO, Mr. Gary A. Hobart serves as its CFO & Exec. VP.

Institutional Ownership:

Through their ownership of 42.65% of LLAP’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 5.53% of LLAP, in contrast to 36.84% held by mutual funds. Shares owned by individuals account for 24.44%. As the largest shareholder in LLAP with 9.32% of the stake, Lockheed Martin Investment Manage holds 13,481,857 shares worth 13,481,857. A second-largest stockholder of LLAP, Beach Point Capital Management LP, holds 11,744,102 shares, controlling over 8.12% of the firm’s shares. Stone Point Wealth LLC is the third largest shareholder in LLAP, holding 6,705,904 shares or 4.64% stake. With a 1.67% stake in LLAP, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 2,419,100 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 0.60% of LLAP stock, is the second-largest Mutual Fund holder. It holds 872,870 shares valued at 1.55 million. iShares Russell 2000 ETF holds 0.59% of the stake in LLAP, owning 855,728 shares worth 1.52 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LLAP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With LLAP analysts setting a high price target of $12.00 and a low target of $5.00, the average target price over the next 12 months is $8.30. Based on these targets, LLAP could surge 739.16% to reach the target high and rise by 249.65% to reach the target low. Reaching the average price target will result in a growth of 480.42% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded LLAP stock several times over the past three months with 14 Buys and 8 Sells. In these transactions, 180,831 shares were bought while 834,481 shares were sold. The number of buy transactions has increased to 33 while that of sell transactions has risen to 403 over the past year. The total number of shares bought during that period was 13,867,395 while 20,702,826 shares were sold.