Last Updated: 19 Sep 2024
Executive Summary
Terran Orbital Corp (LLAP) is a small satellite manufacturer with a market capitalization of $494.87 million. The company has been experiencing financial losses, with an EBITDA of -$96.66 million and a diluted EPS of -$0.78. However, analysts are optimistic about the company's long-term prospects, with a consensus target price of $0.33.
Company Overview
Terran Orbital Corp is headquartered in Boca Raton, Florida and manufactures small satellites for the United States aerospace and defense industry. The company has a strong backlog of orders and is expected to benefit from the growing demand for small satellites.
Fundamental Analysis
Revenue: Terran Orbital Corp's revenue for the trailing twelve months (TTM) was $133.11 million, a decrease of 5.7% year-over-year.
Gross Profit: The company's gross profit was -$17.26 million, a decrease of 14.2% year-over-year.
Net Income: The company's net income was -$96.66 million, a decrease of 18.2% year-over-year.
EPS: The company's diluted EPS was -$0.78, a decrease of 19.2% year-over-year.
Technical Analysis
52-Week High: $1.615
52-Week Low: $0.228
50-Day Moving Average: $0.51
200-Day Moving Average: $0.895
The stock price is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend. However, the stock has recently bounced off its 52-week low, which could be a sign of a potential reversal.
Short Term Outlook
In the short term, Terran Orbital Corp's stock price is likely to remain volatile. The company is expected to report its next quarterly earnings in August 2023, which could provide a catalyst for the stock price.
Long Term Outlook
Analysts are optimistic about Terran Orbital Corp's long-term prospects. The company is well-positioned to benefit from the growing demand for small satellites. The company has a strong backlog of orders and is expected to continue to grow its revenue and earnings in the future.
Analyst Recommendations
The consensus analyst recommendation for Terran Orbital Corp is "Buy." Three analysts have a "Buy" rating, while two analysts have a "Hold" rating. The consensus target price is $0.33.
