At the time of writing, Rocket Lab USA Inc [RKLB] stock is trading at $17.52, up 7.03%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RKLB shares have lost -2.01% over the last week, with a monthly amount drifted -6.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Morgan Stanley downgraded its rating to Equal-Weight on July 15, 2024, and dropped its price target to $6. On June 26, 2024, BTIG Research initiated with a Neutral rating. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $4.50 on June 11, 2024. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on January 17, 2024, and assigned it a price target of $8. In a note dated October 26, 2023, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $6 on this stock.
For the past year, the stock price of Rocket Lab USA Inc fluctuated between $3.47 and $33.34. Currently, Wall Street analysts expect the stock to reach $21.5 within the next 12 months. Rocket Lab USA Inc [NASDAQ: RKLB] shares were valued at $17.52 at the most recent close of the market. An investor can expect a potential return of 22.72% based on the average RKLB price forecast.
Analyzing the RKLB fundamentals
According to Rocket Lab USA Inc [NASDAQ:RKLB], the company’s sales were 436.21M for trailing twelve months, which represents an 120.68% jump. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at -0.44%, Pretax Profit Margin comes in at -0.43%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.44 and Total Capital is -0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.11.
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 15.41 points at the first support level, and at 13.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.94, and for the 2nd resistance point, it is at 20.35.
Ratios To Look Out For
It is important to note that Rocket Lab USA Inc [NASDAQ:RKLB] has a current ratio of 2.04. Also, the Quick Ratio is 1.69, while the Cash Ratio stands at 0.8. Considering the valuation of this stock, the price to sales ratio is 18.22, the price to book ratio is 23.11.
Transactions by insiders
Recent insider trading involved Klein Frank, Chief Operations Officer, that happened on Mar 14 ’25 when 44553.0 shares were sold. Chief Operations Officer, Klein Frank completed a deal on Mar 17 ’25 to sell 1835.0 shares. Meanwhile, Chief Financial Officer Spice Adam C. sold 62843.0 shares on Mar 14 ’25.
