Terran Orbital Corporation (NYSE:LLAP) finished Wednesday with an addition of $0.01 to close at $1.17, an upside of 0.86 percent. An average of 2,605,880 shares of common stock have been traded in the last five days. There was a fall of -$0.1100 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 2,457,300 shares traded, while the 50-day average volume stands at 2,606,410.
LLAP stock has decreased by -17.61% in the last month. The company shares reached their 1-month lowest point of $1.0801 on 08/15/23. With the stock rallying to its 52-week high on 02/22/23, shares of the company touched a low of $1.08 and a high of $4.41 in 52 weeks. It has reached a new high 8 times so far this year and lost -25.95% or -$0.4100 in price. In spite of this, the price is down -73.47% from the 52-week high.
Insider Transactions
LLAP stock investors should be aware that Terran Orbital Corporation (LLAP) stock had its last reported insider trading activity 178 days ago on Jun 23. In this transaction, the insider spent $1,894,144. 10% Owner, Beach Point Capital Management, disposed of 172,800 shares at a price of $3.02 on Feb 27. The insider now owns more than $521,856 worth of shares. Prior to that, 10% Owner Beach Point Capital Management went on to Sale 665,957 shares at $3.07 each on Feb 23. An amount of $2,044,488 was transacted.
Valuation Metrics
Terran Orbital Corporation (LLAP) stock’s beta is 2.07. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.68.
Financial Health
The quick ratio of Terran Orbital Corporation for the three months ended June 29 was 1.00, and the current ratio was 1.40, indicating that the company is able to meet its debt obligations. Terran Orbital Corporation’s EBITDA margin for the year ending June 29 is -131.72%. Its gross profit as reported stood at -$17.26 million compared to revenue of $94.24 million.
Earnings Surprise
For the three-month period that ended June 29, Terran Orbital Corporation had $157.52 million in total debt. The analyst consensus anticipated Terran Orbital Corporation’s latest quarter earnings to come in at -$0.21 per share, but it turned out to be -$0.18, a 14.30% surprise. For the quarter, EBITDA amounted to -$25.84 million. Shareholders own equity worth $172.38 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Terran Orbital Corporation (LLAP) price momentum. RSI 9-day as of the close on 23 August was 33.53%, suggesting the stock is Neutral, with historical volatility in this time frame at 64.81%.
As of today, LLAP’s price is $1.2040 -8.59% or -$0.1100 from its 5-day moving average. LLAP is currently trading -17.02% lower than its 20-day SMA and -28.66% lower than its 100-day SMA. However, the stock’s current price level is -18.75% below the SMA50 and -54.47% below the SMA200.
The stochastic %K and %D were 28.27% and 31.08%, respectively, and the average true range (ATR) was 0.1032. With the 14-day stochastic at 27.25% and the average true range at 0.1057, the RSI (14) stands at 36.34%. The stock has reached -0.0478 on the 9-day MACD Oscillator while the 14-day reading was at -0.0564.
Analyst Ratings
H.C. Wainwright launched coverage on Terran Orbital Corporation (NYSE: LLAP) in its analyst report released on July 28, 2023. The firm assigned the stock a Buy rating. The consensus rating for Terran Orbital Corporation (LLAP) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LLAP, while 0 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.
What is LLAP’s price target for the next 12 months?
Analysts predict a range of price targets between $1.15 and $12.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for Terran Orbital Corporation (LLAP) stock is $5.74.
