Redwire Corporation [RDW] stock is trading at $10.38, up 15.08%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RDW shares have gain 35.69% over the last week, with a monthly amount glided 33.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Redwire Corporation [NYSE: RDW] stock has seen the most recent analyst activity on October 29, 2024, when B. Riley Securities downgraded its rating to a Neutral and also boosted its price target to $9.50 from $8. Previously, B. Riley Securities upgraded its rating to Buy on August 09, 2024, and kept the price target unchanged to $8. On July 22, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $8 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $5 on February 02, 2024. Alliance Global Partners initiated its recommendation with a Buy and recommended $5 as its price target on December 20, 2023. ROTH MKM started tracking with a Buy rating for this stock on September 13, 2023, and assigned it a price target of $10. In a note dated April 21, 2023, B. Riley Securities initiated an Buy rating and provided a target price of $5 on this stock.
Redwire Corporation [RDW] stock has fluctuated between $2.35 and $9.36 over the past year. Currently, Wall Street analysts expect the stock to reach $8.88 within the next 12 months. Redwire Corporation [NYSE: RDW] shares were valued at $10.38 at the most recent close of the market. An investor can expect a potential drop of -14.45% based on the average RDW price forecast.
Analyzing the RDW fundamentals
Redwire Corporation [NYSE:RDW] reported sales of 298.03M for the trailing twelve months, which represents a growth of 9.62%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is 1.39 and Total Capital is -0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of11.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.65 points at the first support level, and at 8.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.80, and for the 2nd resistance point, it is at 11.23.
Ratios To Look Out For
For context, Redwire Corporation’s Current Ratio is 0.97. Also, the Quick Ratio is 0.95, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 2.46.
Transactions by insiders
Recent insider trading involved AE RED HOLDINGS, LLC, Director, that happened on Jul 18 ’24 when 39266.0 shares were sold. Director, AE RED HOLDINGS, LLC completed a deal on Jul 19 ’24 to sell 24883.0 shares. Meanwhile, Director AE RED HOLDINGS, LLC sold 88145.0 shares on Jul 16 ’24.
