Rocket Lab USA (NASDAQ:RKLB - Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, February 27th. Analysts expect Rocket Lab USA to post earnings of ($0.10) per share and revenue of $130.58 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
NASDAQ:RKLB opened at $22.49 on Tuesday. Rocket Lab USA has a one year low of $3.47 and a one year high of $33.34. The company has a market cap of $11.24 billion, a P/E ratio of -60.78 and a beta of 1.99. The firm's fifty day moving average price is $27.09 and its two-hundred day moving average price is $17.45. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.58 and a quick ratio of 2.16.
In related news, Director Nina Armagno sold 10,000 shares of the company's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $23.63, for a total transaction of $236,300.00. Following the completion of the sale, the director now owns 132,294 shares of the company's stock, valued at $3,126,107.22. This represents a 7.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alexander R. Slusky sold 50,000 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $23.00, for a total transaction of $1,150,000.00. Following the sale, the director now directly owns 534,675 shares of the company's stock, valued at $12,297,525. This represents a 8.55 % decrease in their position. The disclosure for this sale can be found here. 13.70% of the stock is currently owned by company insiders.
Several research firms have commented on RKLB. Citigroup upped their price objective on shares of Rocket Lab USA from $22.00 to $35.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. TD Cowen upgraded shares of Rocket Lab USA to a "strong-buy" rating in a report on Thursday, December 19th. Stifel Nicolaus upped their price objective on shares of Rocket Lab USA from $26.00 to $31.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. The Goldman Sachs Group boosted their target price on shares of Rocket Lab USA from $12.00 to $13.50 and gave the company a "neutral" rating in a research report on Thursday, January 16th. Finally, KeyCorp boosted their target price on shares of Rocket Lab USA from $27.00 to $32.00 and gave the company an "overweight" rating in a research report on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $22.28.
View Our Latest Report on Rocket Lab USA
Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.
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