B. Riley Has Negative Estimate for Redwire FY2026 Earnings

Redwire Co. (NYSE:RDW - Free Report) - Analysts at B. Riley cut their FY2026 earnings estimates for shares of Redwire in a research report issued on Wednesday, April 16th. B. Riley analyst M. Crawford now anticipates that the company will post earnings per share of $0.29 for the year, down from their prior estimate of $0.30. B. Riley has a "Neutral" rating and a $25.00 price target on the stock. The consensus estimate for Redwire's current full-year earnings is ($0.85) per share.

Several other equities research analysts have also commented on the company. HC Wainwright reiterated a "buy" rating and set a $26.00 price objective on shares of Redwire in a research note on Wednesday, March 12th. Cantor Fitzgerald reissued an "overweight" rating and issued a $28.00 price objective on shares of Redwire in a research note on Tuesday, March 11th. Finally, Alliance Global Partners reaffirmed a "buy" rating 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 given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $17.71.

Redwire Stock Performance

Shares of RDW stock traded down $0.03 on Thursday, reaching $9.30. 284,431 shares of the company were exchanged, compared to its average volume of 2,008,429. The company has a market cap of $702.53 million, a price-to-earnings ratio of -7.69 and a beta of 2.51. Redwire has a 1 year low of $3.68 and a 1 year high of $26.66. The business has a 50-day moving average price of $12.32 and a 200 day moving average price of $13.34.

Hedge Funds Weigh In On Redwire

Several large investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Redwire by 4.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,876 shares of the company's stock worth $212,000 after purchasing an additional 532 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Redwire by 7.8% during the 4th quarter. JPMorgan Chase & Co. now owns 10,854 shares of the company's stock worth $179,000 after acquiring an additional 782 shares in the last quarter. Summit Investment Advisors Inc. increased its holdings in shares of 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 last quarter. Jones Financial Companies Lllp raised 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 worth $72,000 after acquiring an additional 1,372 shares in the last quarter. Finally, Quarry LP purchased a new stake in Redwire during the fourth quarter worth approximately $33,000. 8.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, major shareholder Park Lp Genesis II sold 100,000 shares of the business's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $22.73, for a total value of $2,273,000.00. Following the sale, the insider now directly owns 3,854,041 shares in the company, valued at approximately $87,602,351.93. The trade was a 2.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 266,798 shares of company stock valued at $6,019,641 in the last 90 days. Company insiders own 2.60% 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.