B. Riley Weighs in on Redwire's Q1 Earnings (NYSE:RDW)

Redwire Co. (NYSE:RDW - Free Report) - Investment analysts at B. Riley issued their Q1 2025 earnings estimates for Redwire in a research report issued to clients and investors on Tuesday, March 11th. B. Riley analyst M. Crawford expects that the company will earn $0.00 per share for the quarter. B. Riley currently has a "Neutral" rating and a $25.00 price objective on the stock. The consensus estimate for Redwire's current full-year earnings is ($0.85) per share. B. Riley also issued estimates for Redwire's FY2025 earnings at $0.08 EPS and FY2026 earnings at $0.30 EPS.

Other analysts have also recently issued reports about the stock. Cantor Fitzgerald reissued an "overweight" rating and set a $28.00 target price on shares of Redwire in a report on Tuesday, March 11th. HC Wainwright reissued a "buy" rating and set a $26.00 target price on shares of Redwire in a report on Wednesday, March 12th. Finally, Alliance Global Partners reaffirmed a "buy" rating on shares of Redwire in a report on Tuesday, March 11th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $17.71.

Redwire Stock Up 0.5 %

Shares of NYSE:RDW traded up $0.06 on Friday, reaching $11.04. 1,795,910 shares of the company's stock were exchanged, compared to its average volume of 827,429. The firm has a market capitalization of $734.61 million, a price-to-earnings ratio of -9.12 and a beta of 2.33. Redwire has a fifty-two week low of $3.35 and a fifty-two week high of $26.66. The business's 50-day moving average is $17.77 and its two-hundred day moving average is $12.78.

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Insider Buying and Selling at Redwire

In other Redwire news, major shareholder Park Lp Genesis II sold 10,115 shares of the firm's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $24.11, for a total transaction of $243,872.65. Following the transaction, the insider now owns 3,644,566 shares of the company's stock, valued at approximately $87,870,486.26. This trade represents a 0.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have sold 684,454 shares of company stock valued at $13,682,993. Company insiders own 2.60% of the company's stock.

Hedge Funds Weigh In On Redwire

Several large investors have recently bought and sold shares of RDW. Quarry LP bought a new position in shares of Redwire during the 4th quarter valued at about $33,000. Summit Investment Advisors Inc. boosted its position in shares of Redwire by 64.2% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,382 shares of the company's stock valued at $39,000 after purchasing an additional 931 shares in the last quarter. Summit Securities Group LLC bought a new position in shares of Redwire during the 4th quarter valued at about $63,000. Jones Financial Companies Lllp boosted its position in shares of Redwire by 45.7% during the 4th quarter. Jones Financial Companies Lllp now owns 4,372 shares of the company's stock valued at $72,000 after purchasing an additional 1,372 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its position in shares of Redwire by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 14,058 shares of the company's stock valued at $97,000 after purchasing an additional 7,921 shares in the last quarter. Institutional investors and hedge funds own 8.10% of the company's stock.

About Redwire

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.