Redwire Corporation [RDW] stock is trading at $22.33, up 51.39%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RDW shares have gain 60.19% over the last week, with a monthly amount glided 63.59%, and seem to be holding up well over a long-time horizon.
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 $2.69 and $18.54 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 $22.33 at the most recent close of the market. An investor can expect a potential drop of -60.23% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 11.26.
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 18.01 points at the first support level, and at 13.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.58, and for the 2nd resistance point, it is at 26.82.
Ratios To Look Out For
For context, Redwire Corporation’s Current Ratio is 0.97. Further, the Quick Ratio stands at 0.95, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 4.99.
Transactions by insiders
Recent insider trading involved Genesis Park II LP, 10% Owner, that happened on Jan 07 ’25 when 15364.0 shares were sold. 10% Owner, Genesis Park II LP completed a deal on Jan 06 ’25 to sell 100000.0 shares. Meanwhile, 10% Owner Genesis Park II LP sold 72415.0 shares on Jan 03 ’25.
