Terran Orbital Corp (NYSE:LLAP) finished Friday with a subtraction of -$0.02 to close at $0.83, a downside of -1.91 percent. An average of 6,223,940 shares of common stock have been traded in the last five days. There was a fall of -$0.1776 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 3,762,715 shares traded, while the 50-day average volume stands at 2,846,766.
LLAP stock has decreased by -30.05% in the last month. The company shares reached their 1-month lowest point of $0.7901 on 09/25/23. With the stock rallying to its 52-week high on 02/22/23, shares of the company touched a low of $0.79 and a high of $3.45 in 52 weeks. It has reached a new high 8 times so far this year and lost -47.32% or -$0.7476 in price. In spite of this, the price is down -75.87% from the 52-week high.
Insider Transactions
LLAP stock investors should be aware that Terran Orbital Corp (LLAP) stock had its last reported insider trading activity 215 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 Corp (LLAP) stock’s beta is 2.14. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.19.
Financial Health
The quick ratio of Terran Orbital Corp for the three months ended June 29 was 1.01, and the current ratio was 1.41, indicating that the company is able to meet its debt obligations. 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 Corp had $157.52 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$28.13 million in the quarter, while revenues of -$54.45 million were shrunk -153.71%. The analyst consensus anticipated Terran Orbital Corp’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 Corp (LLAP) price momentum. RSI 9-day as of the close on 29 September was 20.02%, suggesting the stock is oversold, with historical volatility in this time frame at 89.18%.
As of today, LLAP’s price is $0.8669 -17.58% or -$0.1776 from its 5-day moving average. LLAP is currently trading -31.77% lower than its 20-day SMA and -55.01% lower than its 100-day SMA. However, the stock’s current price level is -47.65% below the SMA50 and -43.76% below the SMA200.
The stochastic %K and %D were 7.08% and 9.44%, respectively, and the average true range (ATR) was 0.1043. With the 14-day stochastic at 5.36% and the average true range at 0.1049, the RSI (14) stands at 26.64%. The stock has reached -0.1200 on the 9-day MACD Oscillator while the 14-day reading was at -0.2943.
Analyst Ratings
H.C. Wainwright launched coverage on Terran Orbital Corp (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 Corp (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 Corp (LLAP) stock is $5.59.
