Redwire Corporation (RDW) shares projected to rise by -34.8%

Redwire Corporation [RDW] stock is trading at $13.62, up 13.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The RDW shares have gain 11.37% over the last week, with a monthly amount glided 32.88%, 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 November 26, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $18. Previously, B. Riley Securities downgraded its rating to Neutral on October 29, 2024, and elevated its price target to $9.50. On August 09, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $8 on the stock. B. Riley Securities downgraded its rating to a Neutral and increased its price target to $8 on July 22, 2024. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $5 as its price target on February 02, 2024. Alliance Global Partners started tracking with a Buy rating for this stock on December 20, 2023, and assigned it a price target of $5. In a note dated September 13, 2023, ROTH MKM initiated an Buy rating and provided a target price of $10 on this stock.

Redwire Corporation [RDW] stock has fluctuated between $2.68 and $15.25 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 $13.62 at the most recent close of the market. An investor can expect a potential drop of -34.8% 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 of10.05.

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 12.55 points at the first support level, and at 11.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.16, and for the 2nd resistance point, it is at 14.71.

Ratios To Look Out For

For context, Redwire Corporation’s Current Ratio is 0.97. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 3.17.

Transactions by insiders

Recent insider trading involved Genesis Park II LP, 10% Owner, that happened on Dec 02 ’24 when 16717.0 shares were sold. Director, AE RED HOLDINGS, LLC completed a deal on Jul 18 ’24 to sell 39266.0 shares. Meanwhile, Director AE RED HOLDINGS, LLC sold 24883.0 shares on Jul 19 ’24.

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