FY2025 EPS Estimates for Redwire Lifted by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has significantly raised its FY2025 earnings estimates for Redwire Corporation, projecting earnings per share of ($0.19), up from a prior estimate of ($0.40).
• Multiple brokerages have issued ratings for Redwire, with two maintaining "buy" ratings and one upgraded its stance from "sell" to "hold," reflecting a generally positive sentiment among analysts.
• Despite the optimistic forecasts, Redwire's recent quarterly earnings showed a loss of ($0.39) per share, which fell short of analyst expectations, highlighting ongoing challenges for the company.

Redwire Corporation (NYSE:RDW - Free Report) - Analysts at Cantor Fitzgerald upped their FY2025 earnings per share estimates for shares of Redwire in a research report issued on Wednesday, August 6th. Cantor Fitzgerald analyst C. Canfield now expects that the company will earn ($0.19) per share for the year, up from their previous forecast of ($0.40). The consensus estimate for Redwire's current full-year earnings is ($0.85) per share. Cantor Fitzgerald also issued estimates for Redwire's FY2026 earnings at ($0.10) EPS.

Redwire (NYSE:RDW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.28). The business had revenue of $61.76 million for the quarter, compared to the consensus estimate of $80.48 million.

RDW has been the topic of a number of other research reports. Roth Capital reiterated a "buy" rating on shares of Redwire in a report on Tuesday, June 24th. Canaccord Genuity Group cut their price objective on shares of Redwire from $21.00 to $17.50 and set a "buy" rating on the stock in a report on Monday. B. Riley lowered their target price on shares of Redwire from $25.00 to $20.00 and set a "buy" rating for the company in a report on Friday. Wall Street Zen downgraded shares of Redwire from a "hold" rating to a "strong sell" rating in a research report on Saturday. Finally, Alliance Global Partners reissued a "buy" rating on shares of Redwire in a research report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Redwire has a consensus rating of "Moderate Buy" and a consensus target price of $19.42.

Redwire Trading Up 8.6%

NYSE:RDW traded up $0.76 during trading hours on Friday, hitting $9.58. The company's stock had a trading volume of 4,964,852 shares, compared to its average volume of 2,809,123. Redwire has a 52-week low of $5.27 and a 52-week high of $26.66. The stock has a market capitalization of $1.37 billion, a P/E ratio of -2.95 and a beta of 2.52. The stock has a fifty day moving average of $16.13 and a 200-day moving average of $14.55.

Institutional Trading of Redwire

Several institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP acquired a new position in Redwire in the fourth quarter valued at $33,000. Summit Investment Advisors Inc. increased its position in Redwire by 64.2% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,382 shares of the company's stock valued at $39,000 after acquiring an additional 931 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Redwire during the 1st quarter valued at approximately $42,000. FNY Investment Advisers LLC acquired a new stake in Redwire during the 1st quarter worth approximately $47,000. Finally, GAMMA Investing LLC grew its stake in shares of Redwire by 69,077.8% in the 1st quarter. GAMMA Investing LLC now owns 6,226 shares of the company's stock valued at $52,000 after purchasing an additional 6,217 shares during the last quarter. Hedge funds and other institutional investors own 8.10% of the company's stock.

Redwire Company Profile

Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft.