With 30.21 million shares changed hands, the volume of the stock remained heavier than its average volume of 16.77 million shares. The 52-week range on RKLB shows that it touched its highest point at $33.34 and its lowest point at $3.97 during that stretch. It currently has a 1-year price target of $26.17. Beta for the stock currently stands at 2.05.
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 RKLB was down-trending over the past week, with a drop of -10.79%, but this was down by -0.39% over a month. Three-month performance dropped to -25.17% while six-month performance rose 73.67%. The stock gained 416.62% in the past year, while it has lost -19.47% so far this year. A look at the trailing 12-month EPS for RKLB yields -0.41 with Next year EPS estimates of -0.07. For the next quarter, that number is -0.09. This implies an EPS growth rate of 17.25% for this year and 78.48% for next year.
Float and Shares Shorts:
At present, 460.54 million RKLB shares are outstanding with a float of 377.52 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RKLB since 9 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.17301 being high and -$0.35513 being low. For RKLB, this leads to a yearly average estimate of -$0.3096.
