Rocket Lab USA (RKLB) Stock Price, News & Analysis

Company Overview

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. It also designs, manufactures, and sells Electron, a reusable orbital-class small rocket; and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. Rocket Lab USA, Inc. was founded in 2006 and is headquartered in Long Beach, California.

Key Stats

• Today's Range: $18.65 to $22.55
• 50-Day Range: $5.81 to $14.78
• 52-Week Range: $3.47 to $22.55
• Volume: 95.60 million shs
• Average Volume: 10.52 million shs
• Market Capitalization: $10.00 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.69
• Consensus Rating: Moderate Buy

Rocket Lab USA Stock Analysis - MarketRank™

Rocket Lab USA scored higher than 51% of companies evaluated by MarketBeat, and ranked 29th out of 51 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Rocket Lab USA has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rocket Lab USA has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Rocket Lab USA are expected to grow in the coming year, from ($0.39) to ($0.30) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rocket Lab USA is -52.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rocket Lab USA is -52.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Rocket Lab USA has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

19.06% of the float of Rocket Lab USA has been sold short.

Short Interest Ratio / Days to Cover

Rocket Lab USA has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rocket Lab USA has recently decreased by 5.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rocket Lab USA does not currently pay a dividend.

Dividend Growth

Rocket Lab USA does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

19.06% of the float of Rocket Lab USA has been sold short.

Short Interest Ratio / Days to Cover

Rocket Lab USA has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rocket Lab USA has recently decreased by 5.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Rocket Lab USA has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 41 news articles for Rocket Lab USA this week, compared to 9 articles on an average week.

Search Interest

94 people have searched for RKLB on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.

MarketBeat Follows

Only 44 people have added Rocket Lab USA to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rocket Lab USA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $906,059.00 in company stock.

Percentage Held by Insiders

13.70% of the stock of Rocket Lab USA is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

71.78% of the stock of Rocket Lab USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RKLB Stock Analysis - Frequently Asked Questions

How have RKLB shares performed this year?

Rocket Lab USA's stock was trading at $5.53 at the start of the year. Since then, RKLB stock has increased by 231.6% and is now trading at $18.34.
View the best growth stocks for 2024 here.

How were Rocket Lab USA's earnings last quarter?

Rocket Lab USA, Inc. (NASDAQ:RKLB) issued its earnings results on Tuesday, November, 12th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.01. The rocket manufacturer earned $104.81 million during the quarter, compared to the consensus estimate of $102.74 million. Rocket Lab USA had a negative net margin of 54.17% and a negative trailing twelve-month return on equity of 34.12%.

Who are Rocket Lab USA's major shareholders?

Top institutional shareholders of Rocket Lab USA include ARK Investment Management LLC (1.13%), Wolverine Asset Management LLC, Charles Schwab Investment Management Inc. (0.58%) and Sumitomo Mitsui Trust Group Inc. (0.41%). Insiders that own company stock include Peter Beck, Adam C Spice, Shaun O'donnell, Arjun Kampani and Michael D Griffin.
View institutional ownership trends.

How do I buy shares of Rocket Lab USA?

Shares of RKLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rocket Lab USA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rocket Lab USA investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Palantir Technologies (PLTR), CrowdStrike (CRWD), Tesla (TSLA) and Block (SQ).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: Guided missiles & space vehicles & parts
• Sub-Industry: Air Freight & Logistics
• Current Symbol: NASDAQ:RKLB
• CUSIP: N/A
• CIK: 1819994
• Web: www.vectorcapital.com
• Phone: 714-465-5737
• Fax: N/A
• Employees: 1,650
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.69
• High Stock Price Target: $22.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: -46.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.37)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-182,570,000.00
• Net Margins: -51.76%
• Pretax Margin: -53.71%
• Return on Equity: -37.95%
• Return on Assets: -17.06%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 2.82
• Quick Ratio: 2.43

Sales & Book Value

• Annual Sales: $244.59 million
• Price / Sales: 40.63
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.34 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 496,640,000
• Free Float: 428,600,000
• Market Cap: $9.94 billion
• Optionable: Optionable
• Beta: 1.29