Redwire Corporation (NYSE:RDW) price on Wednesday, May 21, fall -6.18% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.53.
A look at the stock’s price movement, the close in the last trading session was $12.29, moving within a range at $11.38 and $12.36. The beta value (5-Year monthly) was 2.468. Turning to its 52-week performance, $26.66 and $4.73 were the 52-week high and 52-week low respectively. Overall, RDW moved 22.27% over the past month.
Redwire Corporation’s market cap currently stands at around $888.77 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-11.
Analysts have a consensus estimate of 78.59M for the company’s revenue for the quarter, with a low and high estimate of 64.05M and 89.83M respectively. The average forecast suggests up to a 0.62% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 412.55M, representing a 35.66% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RDW is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 5 recommend RDW as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RDW’s current price about 0.21% and 10.08% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.44, while 7-day volatility ratio is 11.22% and 8.83% in the 30-day chart. Further, Redwire Corporation (RDW) has a beta value of 2.45, and an average true range (ATR) of 1.10. Analysts have given the company’s stock an average 52-week price target of $8.875, forecast between a low of $8.25 and high of $9.5. Looking at the price targets, the low is 28.45% off current price level while to achieve the yearly target high, price needs to move 17.61%. Nonetheless, investors will most likely welcome a 23.03% jump to $8.875 which is the analysts’ median price.
If we refocus on Redwire Corporation (NYSE:RDW), historical trading data shows that trading volumes averaged 1.73 over the past 10 days and 1.75 million over the past 3 months. The company’s latest data on shares outstanding shows there are 76.35 million shares.
The 66.26% of Redwire Corporation’s shares are in the hands of company insiders while institutional holders own 16.63% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.44 million on 2025-04-30, giving us a short ratio of 4.36. The data shows that as of 2025-04-30 short interest in Redwire Corporation (RDW) stood at 1634.0 of shares outstanding, with shares short rising to 5.05 million registered in 2025-03-31. Current price change has pushed the stock -29.95% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RDW stock continues to rise going into the next quarter.
