Redwire Co. (NYSE:RDW – Free Report) – Stock analysts at B. Riley issued their Q1 2025 EPS estimates for Redwire in a note issued to investors on Tuesday, March 11th. B. Riley analyst M. Crawford forecasts that the company will earn $0.00 per share for the quarter. B. Riley has a “Neutral” rating and a $25.00 price objective on the stock. The consensus estimate for Redwire’s current full-year earnings is ($0.85) per share. B. Riley also issued estimates for Redwire’s FY2025 earnings at $0.08 EPS and FY2026 earnings at $0.30 EPS.
Other equities research analysts have also recently issued research reports about the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $28.00 price objective on shares of Redwire in a report on Tuesday, March 11th. Alliance Global Partners reiterated a “buy” rating on shares of Redwire in a report on Tuesday. Finally, HC Wainwright reiterated a “buy” rating and set a $26.00 price target on shares of Redwire in a report on Wednesday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Redwire has a consensus rating of “Moderate Buy” and a consensus price target of $17.71.
Redwire Stock Performance
Shares of RDW opened at $10.61 on Friday. The stock has a market cap of $706.13 million, a PE ratio of -8.77 and a beta of 2.33. Redwire has a fifty-two week low of $3.35 and a fifty-two week high of $26.66. The firm’s 50-day simple moving average is $17.90 and its two-hundred day simple moving average is $12.71.
Insider Activity at Redwire
In related news, major shareholder Park Lp Genesis II sold 5,371 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $18.01, for a total transaction of $96,731.71. Following the transaction, the insider now owns 4,598,056 shares in the company, valued at $82,810,988.56. This represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 684,454 shares of company stock worth $13,682,993 over the last quarter. Company insiders own 2.60% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in RDW. Penserra Capital Management LLC raised its position in Redwire by 16.5% in the third quarter. Penserra Capital Management LLC now owns 74,626 shares of the company’s stock worth $512,000 after acquiring an additional 10,558 shares during the period. MetLife Investment Management LLC raised its position in shares of Redwire by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 14,058 shares of the company’s stock valued at $97,000 after purchasing an additional 7,921 shares during the period. Stifel Financial Corp bought a new stake in shares of Redwire during the 3rd quarter valued at $139,000. State Street Corp raised its position in shares of Redwire by 8.1% during the 3rd quarter. State Street Corp now owns 473,295 shares of the company’s stock valued at $3,252,000 after purchasing an additional 35,519 shares during the period. Finally, Barclays PLC raised its position in shares of Redwire by 55.8% during the 3rd quarter. Barclays PLC now owns 1,181,138 shares of the company’s stock valued at $8,115,000 after purchasing an additional 422,854 shares during the period. 8.10% of the stock is currently owned by institutional investors.
About Redwire
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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