Cantor Fitzgerald Comments on Rocket Lab USA FY2025 Earnings

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

Other research analysts have also recently issued reports about the stock. TD Cowen raised shares of Rocket Lab USA to a "strong-buy" rating in a report on Thursday, December 19th. Citigroup raised their price objective on Rocket Lab USA from $22.00 to $35.00 and gave the stock a "buy" rating in a research note on Tuesday. Stifel Nicolaus upped their target price 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. Bank of America raised their price target on Rocket Lab USA from $10.00 to $30.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group upped their price objective on shares of Rocket Lab USA from $12.00 to $13.50 and gave the stock a "neutral" rating in a research report on Thursday, January 16th. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $20.06.

Rocket Lab USA Stock Performance

NASDAQ:RKLB traded down $1.21 during mid-day trading on Thursday, reaching $30.36. 23,721,025 shares of the company's stock were exchanged, compared to its average volume of 21,334,793. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.16 and a current ratio of 2.58. The firm has a market capitalization of $15.18 billion, a PE ratio of -82.05 and a beta of 1.98. Rocket Lab USA has a one year low of $3.47 and a one year high of $33.34. The business's fifty day simple moving average is $24.78 and its two-hundred day simple moving average is $13.82.

Insider Transactions at Rocket Lab USA

In related news, Director Alexander R. Slusky sold 50,000 shares of Rocket Lab USA stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $23.00, for a total transaction of $1,150,000.00. Following the sale, the director now directly owns 534,675 shares in the company, valued at $12,297,525. This trade represents a 8.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Matthew Ocko sold 2,000,000 shares of the firm's stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $17.73, for a total transaction of $35,460,000.00. Following the transaction, the director now directly owns 2,351,135 shares of the company's stock, valued at $41,685,623.55. The trade was a 45.97 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,114,530 shares of company stock worth $38,168,400. Corporate insiders own 13.70% of the company's stock.

Institutional Trading of Rocket Lab USA

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its stake in shares of Rocket Lab USA by 12.2% in the third quarter. Geode Capital Management LLC now owns 8,253,035 shares of the rocket manufacturer's stock worth $80,317,000 after acquiring an additional 898,223 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Rocket Lab USA by 22.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,878,357 shares of the rocket manufacturer's stock worth $28,006,000 after purchasing an additional 532,207 shares during the period. Mizuho Markets Americas LLC bought a new stake in shares of Rocket Lab USA in the 3rd quarter valued at $8,930,000. Citigroup Inc. increased its position in shares of Rocket Lab USA by 46.8% during the third quarter. Citigroup Inc. now owns 691,387 shares of the rocket manufacturer's stock worth $6,727,000 after buying an additional 220,432 shares during the period. Finally, Quadrature Capital Ltd bought a new position in Rocket Lab USA during the third quarter worth $2,651,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.

About Rocket Lab USA

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.