Terran Orbital Corp (NYSE:LLAP) traded at $1.36 at close of the session on Monday, April 29, made an upward move of 1.49% on its previous day’s price.
Looking at the stock we see that its previous close was $1.34. In terms of its 52-week price range, LLAP has a high of $1.95 and a low of $0.62. The company’s stock has gained about 3.82% over that past 30 days.
Terran Orbital Corp has a market cap of $273.73 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.17, with the EPS growth for the year raised at -$0.56 for 2024 and -$0.32 for next year. These figures represent 37.10% and 42.90% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $45.37 million, with a low of $41.33 million and a high of $52.77 million. The median projection represents growth squeezing down to 60.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $379.9 million, or 179.50% up from figures reported last year.
On the other hand, looking at the outlook for the LLAP stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is -1.45% off its SMA20 and 11.17% from its 50-day simple moving average. The RSI (14) is pointing at 52.75 while the volatility over the past week is 6.36% and jumps to 8.62% over the past one month. The beta value is 2.27, while the average true range (ATR) is currently pointing at 0.11.
Coming back to Terran Orbital Corp (NYSE:LLAP), we note that the average 3-month trading volume was 3.30 million. Current shares outstanding are 199.41 million.
The insiders hold 25.72% of the company’s shares while institutions hold 48.24%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 19.30% up in year-to-date price movement.
