A share price of Rocket Lab USA Inc [RKLB] is currently trading at $21.88, up 7.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RKLB shares have gain 9.54% over the last week, with a monthly amount glided 7.94%, and 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.
Rocket Lab USA Inc experienced fluctuations in its stock price throughout the past year between $3.56 and $33.34. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. Rocket Lab USA Inc [NASDAQ: RKLB] shares were valued at $21.88 at the most recent close of the market. An investor can expect a potential return of 41.68% based on the average RKLB price forecast.
Analyzing the RKLB fundamentals
Trailing Twelve Months sales for Rocket Lab USA Inc [NASDAQ:RKLB] were 436.21M which represents 120.68% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.11.
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 20.58 points at the first support level, and at 19.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.63, and for the 2nd resistance point, it is at 23.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Rocket Lab USA Inc [NASDAQ:RKLB] is 2.04. As well, the Quick Ratio is 1.69, while the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 22.75, the price to book ratio is 28.86.
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.
