Redwire (NYSE:RDW - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $74.54 million for the quarter.
Redwire Price Performance
Shares of RDW stock opened at $11.36 on Wednesday. The company has a market cap of $858.81 million, a PE ratio of -9.39 and a beta of 2.46. The stock's 50 day simple moving average is $10.43 and its two-hundred day simple moving average is $13.54. Redwire has a 1 year low of $3.98 and a 1 year high of $26.66.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on RDW shares. B. Riley dropped their target price on Redwire from $27.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. Alliance Global Partners reiterated a "buy" rating on shares of Redwire in a report on Tuesday, March 11th. HC Wainwright reissued a "buy" rating and issued a $26.00 price target on shares of Redwire in a research report on Wednesday, March 12th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $28.00 target price on shares of Redwire in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $17.71.
Read Our Latest Analysis on Redwire
Insider Buying and Selling at Redwire
In related news, major shareholder Park Lp Genesis II sold 10,115 shares of the firm's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $24.11, for a total transaction of $243,872.65. Following the sale, the insider now directly owns 3,644,566 shares of the company's stock, valued at $87,870,486.26. This trade represents a 0.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.60% of the company's stock.
About Redwire
(
Get Free Report)
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.
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