Terran Orbital Corp (NYSE:LLAP) saw a downside of -2.88% to close Tuesday at $0.89 after subtracting -$0.02 on the day. The 5-day average trading volume is 5,470,820 shares of the company’s common stock. It has gained $1.1600 in the past week and touched a new high 1 time within the past 5 days. An average of 3,292,780 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,685,418.
LLAP’s 1-month performance is -24.99% or -$0.2949 on its low of $0.7901 reached on 09/25/23. The company’s shares have touched a 52-week low of $0.79 and high of $3.45, with the stock’s rally to the 52-week high happening on 02/22/23. YTD, LLAP has lost -43.98% or -$0.6949 and has reached a new high 8 times. However, the current price is down -74.34% from the 52-week high price.
Insider Transactions
LLAP stock investors last saw insider trading activity on Jun 23.Beach Point Capital Management (10% Owner) most recently sold 627,200 shares at $3.02 per share on Feb 27. This transaction cost the insider $1,894,144. 10% Owner, Beach Point Capital Management, sold 172,800 shares at a price of $3.02 on Feb 27. Then, on Feb 23, 10% Owner Beach Point Capital Management sold 665,957 shares at a price of $3.07 per share. This transaction amounted to $2,044,488.
Valuation Metrics
LLAP stock has a beta of 2.11. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.27.
Terran Orbital Corp’s quick ratio for the period ended June 29 was 1.01, with the current ratio over the same period at 1.41.. In terms of profitability, the gross margin trailing 12 months is -9.44%. The trailing 12-month EBITDA margin is -131.72% while for the period ending June 29, Terran Orbital Corp’s operating margin was -103.92%. The firm’s gross profit as reported stood at -$17.26 million against revenue of $94.24 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -153.71% to -$28.13 million, while revenue of -$54.45 million was -93.57% off the previous quarter. Analysts expected LLAP to announce -$0.21 per share in earnings in its latest quarter, but it posted -$0.18, representing a 14.30% surprise. EBITDA for the quarter stood at more than -$25.84 million. LLAP stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 284.68 million, with total debt at $188.64 million. Shareholders hold equity totaling $172.38 million.
Let’s look briefly at Terran Orbital Corp (LLAP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 22.27% to suggest the stock is trending oversold, with historical volatility in this time period at 111.14%.
The stock’s 5-day moving average is $1.0033, reflecting a -22.36% or -$0.2549 change from its current price. LLAP is currently trading -27.45% above its 20-day SMA, -48.84% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -45.36% and SMA200 by-50.28%.
Stochastic %K and %D was 9.70% and 7.55% and the average true range (ATR) pointed at 0.1198. The RSI (14) points at 28.58%, while the 14-day stochastic is at 12.03% with the period’s ATR at 0.1142. The stock’s 9-day MACD Oscillator is pointing at -0.2386 and -0.3021 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Terran Orbital Corp (NYSE: LLAP), H.C. Wainwright launched coverage with a Buy rating. Analysts offering their rating for LLAP stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate LLAP as a “sell,”, while 0 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.
What is LLAP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.15 and a high of $12.00, with their median price target at $5.00. Looking at these predictions, the average price target given by analysts is for Terran Orbital Corp (LLAP) stock is $5.59.
