Brokers Offer Predictions for Rocket Lab USA FY2025 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB - Free Report) - Equities researchers at KeyCorp issued their FY2025 EPS estimates for shares of Rocket Lab USA in a note issued to investors on Tuesday, April 22nd. KeyCorp analyst M. Leshock expects that the rocket manufacturer will post earnings of ($0.17) per share for the year. KeyCorp has a "Overweight" rating and a $28.00 price target on the stock. The consensus estimate for Rocket Lab USA's current full-year earnings is ($0.38) per share.

Rocket Lab USA (NASDAQ:RKLB - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.01). Rocket Lab USA had a negative net margin of 51.76% and a negative return on equity of 39.47%. The business had revenue of $132.39 million for the quarter, compared to analyst estimates of $130.58 million.

RKLB has been the subject of a number of other reports. TD Cowen upgraded Rocket Lab USA to a "strong-buy" rating in a research note on Monday, February 24th. Stifel Nicolaus raised their price target on Rocket Lab USA from $26.00 to $31.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. Needham & Company LLC began coverage on shares of Rocket Lab USA in a research note on Friday. They set a "buy" rating and a $28.00 price objective on the stock. Morgan Stanley upped their price target on shares of Rocket Lab USA from $18.00 to $20.00 and gave the company an "equal weight" rating in a report on Monday, March 10th. Finally, The Goldman Sachs Group lifted their target price on Rocket Lab USA from $12.00 to $13.50 and gave the stock a "neutral" rating in a report on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Rocket Lab USA presently has an average rating of "Moderate Buy" and a consensus price target of $23.25.

Rocket Lab USA Stock Performance

RKLB traded down $0.07 during trading hours on Friday, hitting $22.60. 3,908,688 shares of the stock were exchanged, compared to its average volume of 15,452,495. The stock has a market cap of $10.25 billion, a price-to-earnings ratio of -61.15 and a beta of 2.08. The stock has a 50-day simple moving average of $19.50 and a 200-day simple moving average of $21.41. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.58 and a quick ratio of 2.16. Rocket Lab USA has a 12 month low of $3.66 and a 12 month high of $33.34.

Insider Transactions at Rocket Lab USA

In other news, insider Frank Klein sold 1,835 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $19.93, for a total value of $36,571.55. Following the sale, the insider now owns 1,417,644 shares of the company's stock, valued at $28,253,644.92. The trade was a 0.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 13.70% of the company's stock.

Institutional Investors Weigh In On Rocket Lab USA

A number of institutional investors and hedge funds have recently modified their holdings of RKLB. Spectrum Wealth Counsel LLC bought a new position in shares of Rocket Lab USA in the fourth quarter valued at about $25,000. Sandy Spring Bank bought a new position in shares of Rocket Lab USA in the fourth quarter worth $26,000. Wingate Wealth Advisors Inc. acquired a new position in Rocket Lab USA in the fourth quarter valued at about $40,000. Versant Capital Management Inc lifted its position in Rocket Lab USA by 118.1% during the first quarter. Versant Capital Management Inc now owns 1,588 shares of the rocket manufacturer's stock worth $28,000 after purchasing an additional 860 shares during the period. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in Rocket Lab USA during the first quarter worth about $29,000. 71.78% of the stock is owned by institutional investors.

Rocket Lab USA Company Profile

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.