
Redwire Corporation (NYSE:RDW – Free Report) – Equities research analysts at B. Riley increased their FY2026 EPS estimates for Redwire in a note issued to investors on Monday, November 3rd. B. Riley analyst M. Crawford now anticipates that the company will post earnings per share of ($0.29) for the year, up from their previous estimate of ($0.31). B. Riley currently has a “Buy” rating and a $20.00 price target on the stock. The consensus estimate for Redwire’s current full-year earnings is ($0.85) per share.
A number of other analysts have also commented on the stock. Canaccord Genuity Group lowered their target price on shares of Redwire from $21.00 to $17.50 and set a “buy” rating for the company in a report on Monday, August 11th. Truist Financial decreased their price objective on Redwire from $13.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, October 15th. Wall Street Zen cut Redwire from a “hold” rating to a “strong sell” rating in a research note on Saturday, August 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Redwire in a research note on Wednesday, October 8th. Finally, HC Wainwright restated a “buy” rating and set a $22.00 target price (down from $26.00) on shares of Redwire in a research report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $17.21.
Redwire Trading Down 5.8%
Shares of RDW stock opened at $6.95 on Wednesday. Redwire has a 52-week low of $6.61 and a 52-week high of $26.66. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -2.14 and a beta of 2.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.11 and a current ratio of 1.46. The firm has a fifty day moving average of $8.68 and a 200-day moving average of $12.06.
Redwire (NYSE:RDW – Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.28). Redwire had a negative net margin of 71.95% and a negative return on equity of 32.67%. The firm had revenue of $61.76 million during the quarter, compared to analyst estimates of $80.48 million.
Insider Buying and Selling at Redwire
In related news, major shareholder Bain Capital Credit Member, Ll sold 11,000,000 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $7.83, for a total value of $86,130,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.60% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Vontobel Holding Ltd. acquired a new position in Redwire during the 1st quarter worth approximately $139,000. Penserra Capital Management LLC boosted its holdings in Redwire by 37.0% during the first quarter. Penserra Capital Management LLC now owns 107,402 shares of the company’s stock worth $890,000 after purchasing an additional 29,013 shares during the last quarter. LBP AM SA boosted its holdings in Redwire by 24.8% during the first quarter. LBP AM SA now owns 496,230 shares of the company’s stock worth $4,114,000 after purchasing an additional 98,616 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in Redwire by 656.7% during the first quarter. New York State Common Retirement Fund now owns 8,066 shares of the company’s stock worth $67,000 after purchasing an additional 7,000 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in shares of Redwire by 1,172.5% during the 1st quarter. SBI Securities Co. Ltd. now owns 8,106 shares of the company’s stock worth $67,000 after buying an additional 7,469 shares during the last quarter. 8.10% of the stock is owned by institutional investors and hedge funds.
Redwire Company Profile
Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft.
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