Cantor Fitzgerald Estimates Rocket Lab USA FY2025 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB - Free Report) - Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Rocket Lab USA in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the rocket manufacturer will earn ($0.18) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $24.00 price objective on the stock. The consensus estimate for Rocket Lab USA's current full-year earnings is ($0.34) per share.

A number of other research firms have also weighed in on RKLB. Stifel Nicolaus increased their price target on Rocket Lab USA from $26.00 to $31.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. KeyCorp boosted their price target on shares of Rocket Lab USA from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Citigroup lifted their price objective on shares of Rocket Lab USA from $22.00 to $35.00 and gave the stock a "buy" rating in a research report on Tuesday. The Goldman Sachs Group lifted their price target on Rocket Lab USA from $12.00 to $13.50 and gave the company a "neutral" rating in a report on Thursday, January 16th. Finally, Bank of America increased their price objective on Rocket Lab USA from $10.00 to $30.00 and gave the stock a "buy" rating in a research note on Thursday, November 14th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $20.06.

Rocket Lab USA Price Performance

RKLB stock traded up $1.95 on Thursday, hitting $31.57. 23,734,208 shares of the company's stock traded hands, compared to its average volume of 21,220,514. The stock has a market cap of $15.78 billion, a price-to-earnings ratio of -85.32 and a beta of 1.98. Rocket Lab USA has a 1-year low of $3.47 and a 1-year high of $31.75. The company has a current ratio of 2.58, a quick ratio of 2.16 and a debt-to-equity ratio of 0.97. The stock has a fifty day moving average of $24.78 and a 200-day moving average of $13.82.

Hedge Funds Weigh In On Rocket Lab USA

Large investors have recently added to or reduced their stakes in the company. Avior Wealth Management LLC increased its position in shares of Rocket Lab USA by 478.6% during the fourth quarter. Avior Wealth Management LLC now owns 6,966 shares of the rocket manufacturer's stock valued at $177,000 after purchasing an additional 5,762 shares during the period. Capital Investment Advisory Services LLC bought a new stake in Rocket Lab USA in the 4th quarter valued at $207,000. Nisa Investment Advisors LLC raised its stake in shares of Rocket Lab USA by 134.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 9,290 shares of the rocket manufacturer's stock valued at $237,000 after buying an additional 5,325 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Rocket Lab USA by 1,827.6% during the 3rd quarter. Allworth Financial LP now owns 9,484 shares of the rocket manufacturer's stock worth $92,000 after acquiring an additional 8,992 shares during the period. Finally, Smith Anglin Financial LLC acquired a new stake in shares of Rocket Lab USA during the 3rd quarter valued at about $104,000. Institutional investors and hedge funds own 71.78% of the company's stock.

Insider Transactions at Rocket Lab USA

In other news, Director Matthew Ocko sold 2,000,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $17.73, for a total value of $35,460,000.00. Following the completion of the sale, the director now directly owns 2,351,135 shares of the company's stock, valued at approximately $41,685,623.55. This represents a 45.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Arjun Kampani sold 28,562 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $24.15, for a total transaction of $689,772.30. Following the completion of the sale, the general counsel now owns 608,996 shares in the company, valued at $14,707,253.40. This represents a 4.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,114,530 shares of company stock worth $38,168,400. 13.70% of the stock is owned by insiders.

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.