Analysts Set Expectations for Redwire FY2025 Earnings

Redwire Co. (NYSE:RDW) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Redwire in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard anticipates that the company will post earnings per share of ($0.24) for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $6.00 target price on the stock. The consensus estimate for Redwire’s current full-year earnings is ($0.84) per share.

RDW has been the subject of a number of other reports. B. Riley lowered Redwire from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $8.00 to $9.50 in a report on Tuesday, October 29th. HC Wainwright reissued a “buy” rating and set a $18.00 price target on shares of Redwire in a report on Wednesday, December 11th. Finally, Roth Mkm upped their price objective on shares of Redwire from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.13.

Redwire Stock Up 51.9 %

Redwire stock opened at $22.41 on Wednesday. The firm has a 50-day moving average price of $13.86 and a two-hundred day moving average price of $9.47. Redwire has a 52-week low of $2.76 and a 52-week high of $22.50. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of -18.52 and a beta of 2.17.

Institutional Trading of Redwire

Large investors have recently added to or reduced their stakes in the business. Barclays PLC increased its stake in Redwire by 55.8% in the 3rd quarter. Barclays PLC now owns 1,181,138 shares of the company’s stock worth $8,115,000 after purchasing an additional 422,854 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Redwire by 6.3% in the third quarter. Geode Capital Management LLC now owns 523,743 shares of the company’s stock worth $3,599,000 after acquiring an additional 30,963 shares in the last quarter. State Street Corp raised its holdings in shares of Redwire by 8.1% during the third quarter. State Street Corp now owns 473,295 shares of the company’s stock valued at $3,252,000 after acquiring an additional 35,519 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of Redwire during the third quarter valued at approximately $623,000. Finally, Penserra Capital Management LLC lifted its position in shares of Redwire by 16.5% in the 3rd quarter. Penserra Capital Management LLC now owns 74,626 shares of the company’s stock valued at $512,000 after acquiring an additional 10,558 shares in the last quarter. 8.10% of the stock is currently owned by institutional investors.

Insider Activity at Redwire

In related news, major shareholder Park Lp Genesis II sold 89,870 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $16.99, for a total value of $1,526,891.30. Following the sale, the insider now directly owns 4,603,427 shares in the company, valued at $78,212,224.73. The trade was a 1.91 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 267,656 shares of company stock valued at $4,721,852 over the last 90 days. 2.60% of the stock is currently owned by corporate insiders.

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.