Redwire Corporation [RDW] stock is trading at $21.24, down -3.67%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RDW shares have gain 45.78% over the last week, with a monthly amount glided 52.92%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, H.C. Wainwright started tracking the stock with Buy rating on November 26, 2024, and set its price target to $18. On October 29, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $9.50 on the stock. B. Riley Securities upgraded its rating to a Buy but stick to its price target of $8 on August 09, 2024. B. Riley Securities downgraded its rating to a Neutral and raised its price target to $8 on July 22, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on February 02, 2024, and assigned it a price target of $5. In a note dated December 20, 2023, Alliance Global Partners initiated an Buy rating and provided a target price of $5 on this stock.
Redwire Corporation [RDW] stock has fluctuated between $2.76 and $23.35 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 $21.24 at the most recent close of the market. An investor can expect a potential drop of -58.19% 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 20.74 points at the first support level, and at 20.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.16, and for the 2nd resistance point, it is at 23.07.
Ratios To Look Out For
For context, Redwire Corporation’s Current Ratio is 0.97. In addition, the Quick Ratio stands at 0.95 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 4.78.
Transactions by insiders
Recent insider trading involved Genesis Park II LP, 10% Owner, that happened on Jan 21 ’25 when 0.15 million shares were sold. 10% Owner, Genesis Park II LP completed a deal on Jan 22 ’25 to sell 50000.0 shares. Meanwhile, 10% Owner Genesis Park II LP sold 15364.0 shares on Jan 07 ’25.
