Terran Orbital Corporation (LLAP)’s stock is trading at $1.43 at the moment marking a fall of -2.05% from the last session close. As of this writing, shares are priced at -62.61% less than their 52-week high of $3.83, and 32.40% over their 52-week low of $1.08. Based on the past 30-day period, the stock price is -10.13% below the high and +29.08% above the low.
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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, LLAP’s SMA-200 is $1.6435.
Further, it is important to consider LLAP stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 2.15.
How does Terran Orbital Corporation (LLAP) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 7 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.43 in simple terms.
Terran Orbital Corporation (LLAP): Earnings History
If we examine Terran Orbital Corporation’s recent earnings history, in the last quarter ended on 6/29/2023, it posted adjusted earnings per share of -$0.18, slashing the consensus of -$0.21. In other words, it beat the consensus by $0.03, resulting in a 14.30% surprise. In the 3 months period before the previous quarter which was closed on 6/29/2023, the stock recorded adjusted earnings per share of -$0.18 in contrast with the Outlook of -$0.21. That was a difference of $0.03 and a surprise of 14.30%.
Terran Orbital Corporation (LLAP): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 5 different analysts, who are expecting earnings to fall in between the range of -0.13 and -0.24 with an average Earnings Estimate of -0.19 which is in contrast with the last year earnings estimate of -0.19 and also replicates unch growth rate year over year.
Terran Orbital Corporation (NYSE: LLAP) Ownership Details
I will give a breakdown of the key shareholders in Terran Orbital Corporation (LLAP). Recent figures show that the company’s insiders hold 34.37% of shares. A total of 116 institutional investors hold shares in the company, making 46.30% of its stock and 70.55% of its float.
Jun 29, 2023, it was reported that the Company’s largest institutional holder is Armistice Capital, LLC holding total of 15.32 million shares that make 8.89% of the company’s total number of shares and are currently priced at 22.99 million.
The securities firm Lockheed Martin Corp. holds 13.48 million shares of LLAP, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 7.82%, and the holding percentage of shares is valued at 20.22 million.
An overview of Terran Orbital Corporation’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Terran Orbital Corporation (LLAP) traded 2,147,126 shares per day, with a moving average of $1.2755 and price change of +0.1799. With the moving average of $1.3754 and a price change of -0.1801, about 2,307,417 shares changed hands on average over the past 50 days. Finally, LLAP’s 100-day average volume is 2,565,057 shares, alongside a moving average of $1.4366 and a price change of -0.2701.