Cantor Fitzgerald Weighs in on Redwire FY2025 Earnings

Redwire Co. (NYSE:RDW) – Analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for Redwire in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the company will earn ($0.24) per share 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.

A number of other equities analysts also recently weighed in on the stock. Roth Mkm upped their price target on shares of Redwire from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. HC Wainwright reaffirmed a “buy” rating and issued a $18.00 target price on shares of Redwire in a research report on Wednesday, December 11th. Finally, B. Riley lowered Redwire from a “buy” rating to a “neutral” rating and lifted their price target for the company from $8.00 to $9.50 in a report on Tuesday, October 29th. 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 an average rating of “Moderate Buy” and a consensus price target of $10.13.

Redwire Stock Performance

Redwire stock opened at $22.41 on Wednesday. The firm’s 50 day moving average price is $13.86 and its two-hundred day moving average price is $9.47. The firm has a market cap of $1.49 billion, a PE ratio of -18.52 and a beta of 2.17. Redwire has a twelve month low of $2.76 and a twelve month high of $22.50.

Institutional Trading of Redwire

Large investors have recently modified their holdings of the company. Arkadios Wealth Advisors acquired a new position in shares of Redwire during the 4th quarter worth about $165,000. Brookstone Capital Management acquired a new position in shares of Redwire during the fourth quarter worth approximately $329,000. Geode Capital Management LLC boosted 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 valued at $3,599,000 after acquiring an additional 30,963 shares during the period. Barclays PLC grew its stake 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 acquiring an additional 422,854 shares during the last quarter. Finally, State Street Corp increased its position in Redwire by 8.1% during the third quarter. State Street Corp now owns 473,295 shares of the company’s stock worth $3,252,000 after acquiring an additional 35,519 shares during the period. 8.10% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Redwire news, major shareholder Park Lp Genesis II sold 5,371 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was 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 trade represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold 267,656 shares of company stock valued at $4,721,852 over the last quarter. Insiders own 2.60% of the company’s stock.

Redwire Company Profile

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.