B. Riley Securities slashes price target on Terran Orbital Corp [LLAP] – find out why.

HAPP Stock

Terran Orbital Corp [NYSE: LLAP] closed the trading session at $0.90.

The stocks have a year to date performance of -21.17 percent and weekly performance of -14.41 percent. The stock has been moved at 20.39 percent over the last six months. The stock has performed -32.43 percent around the most recent 30 days and changed 5.83 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 3.29M shares, LLAP reached to a volume of 12278809 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Terran Orbital Corp [LLAP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LLAP shares is $3.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LLAP stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

B. Riley Securities have made an estimate for Terran Orbital Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 08, 2024. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on July 28, 2023, representing the official price target for Terran Orbital Corp stock. Previously, the target price had yet another drop from $7 to $1.35, while BofA Securities kept a Underperform rating on LLAP stock.

The Average True Range (ATR) for Terran Orbital Corp is set at 0.09, with the Price to Sales ratio for LLAP stock in the period of the last 12 months amounting to 1.33.

LLAP stock trade performance evaluation

Terran Orbital Corp [LLAP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.41. With this latest performance, LLAP shares dropped by -32.43% in over the last four-week period, additionally plugging by 20.39% over the last 6 months – not to mention a drop of -51.94% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LLAP stock in for the last two-week period is set at 28.78, with the RSI for the last a single of trading hit 20.33, and the three-weeks RSI is set at 35.02 for Terran Orbital Corp [LLAP]. The present Moving Average for the last 50 days of trading for this stock 1.2484, while it was recorded at 1.0077 for the last single week of trading, and 1.0455 for the last 200 days.

Terran Orbital Corp [LLAP]: An insightful look at the core fundamentals

Terran Orbital Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.79 and a Current Ratio set at 1.01.

Earnings per share (EPS) analysis for Terran Orbital Corp [LLAP] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LLAP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Terran Orbital Corp go to 28.00%.

Terran Orbital Corp [LLAP]: Institutional Ownership

The top three institutional holders of LLAP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in LLAP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in LLAP stock with ownership which is approximately 5.8386%.