Redwire Co. (NYSE:RDW – Free Report) – Research analysts at B. Riley issued their Q1 2025 earnings per share estimates for Redwire in a report released on Tuesday, March 11th. B. Riley analyst M. Crawford anticipates 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 analysts have also recently issued research reports about the company. Cantor Fitzgerald restated an “overweight” rating and set a $28.00 price objective on shares of Redwire in a research note on Tuesday. HC Wainwright restated a “buy” rating and issued a $26.00 target price on shares of Redwire in a research report on Wednesday. Finally, Alliance Global Partners restated a “buy” rating on shares of Redwire in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Redwire presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.71.
Redwire Stock Down 5.8 %
Shares of NYSE RDW opened at $9.37 on Friday. The stock’s 50 day moving average price is $18.05 and its two-hundred day moving average price is $12.64. Redwire has a 52-week low of $3.17 and a 52-week high of $26.66. The stock has a market capitalization of $623.22 million, a P/E ratio of -7.74 and a beta of 2.33.
Insider Transactions at Redwire
In other news, major shareholder Park Lp Genesis II sold 150,000 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $19.61, for a total transaction of $2,941,500.00. Following the completion of the sale, the insider now directly owns 4,157,489 shares of the company’s stock, valued at $81,528,359.29. This trade represents a 3.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 684,454 shares of company stock valued at $13,682,993 in the last three months. 2.60% of the stock is currently owned by corporate insiders.
Institutional Trading of Redwire
Several hedge funds and other institutional investors have recently modified their holdings of RDW. Barclays PLC boosted its position in shares of Redwire by 55.8% in the third quarter. Barclays PLC now owns 1,181,138 shares of the company’s stock worth $8,115,000 after buying an additional 422,854 shares during the period. Federated Hermes Inc. raised its holdings in Redwire by 165.7% during the fourth quarter. Federated Hermes Inc. now owns 498,275 shares of the company’s stock valued at $8,202,000 after buying an additional 310,769 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Redwire in the fourth quarter valued at about $4,830,000. EAM Global Investors LLC acquired a new stake in shares of Redwire in the fourth quarter valued at about $4,689,000. Finally, Andar Capital Management HK Ltd acquired a new stake in shares of Redwire in the fourth quarter valued at about $3,621,000. Institutional investors and hedge funds own 8.10% of the company’s stock.
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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