The Street Is Finally Waking Up To Rocket Lab USA Inc (NASDAQ: RKLB)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Rocket Lab Unveils Spacecraft Bus Lineup.

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Stocks Info

Rocket Lab USA Inc is listed on the NASDAQ as a member of the Industrials sector and is a part of the Aerospace & Defense industry. The current market capitalization of Rocket Lab USA Inc is $2.22B. A total of 5.08 million shares were traded on the day, compared to an average of 9.04M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, RKLB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 9 BUYs and 12 SELLs from insiders. Insiders purchased 384,608 shares during that period but sold 4,086,030.

In the most recent transaction, Spice Adam C. sold 57,721 shares of RKLB for 4.46 per share on Nov 29. After the transaction, the Chief Financial Officer now owns 1,509,366 company shares. In a previous transaction on Nov 29, Kampani Arjun sold 19,443 shares at 4.46 per share. RKLB shares that General Counsel owns now total 505,947.

Among the insiders who sold shares, Beck Peter disposed of 3,600,000 shares on Sep 11 at a per-share price of $5.62. This resulted in the President, CEO and Chairman holding 50,951,250 shares of RKLB after the transaction. In another insider transaction, GRIFFIN MICHAEL D sold 38,090 shares at $6.34 per share on Aug 30. Company shares held by the Director now total 0.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RKLB has a high of $8.05 and a low of $3.62.

As of this writing, RKLB has an earnings estimate of -$0.1 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.1 per share and a lower estimate of -$0.11. The company reported an EPS of -$0.08 in the last quarter, which was 11.10% higher than expectations of -$0.09.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RKLB’s latest balance sheet shows that the firm has $690.96M in Cash & Short Term Investments as of fiscal 2021. There were $128.43M in debt and $96.31M in liabilities at the time. Its Book Value Per Share was $1.13, while its Total Shareholder’s Equity was $698.45M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RKLB is Buy with a score of 4.80.

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