RedwireRDW
Market Cap: $381M
About: Redwire Corp is engaged in mission-critical space solutions and reliable components for the next-generation space economy. It assists its customers in solving the complex challenges of future space missions and industries. The company's space infrastructure offerings include a broad array of modern products and services, which have been enabling space missions. The company's Heritage plus Innovation strategy enables it to combine decades of flight heritage with a culture creating new technologies that are the building blocks of space infrastructure for government and commercial customers.
Employees: 700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
118% more capital invested
Capital invested by funds: $27.9M [Q1] → $60.9M (+$33M) [Q2]
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
10% more funds holding
Funds holding: 73 [Q1] → 80 (+7) [Q2]
3.25% more ownership
Funds ownership: 9.71% [Q1] → 12.96% (+3.25%) [Q2]
74% less call options, than puts
Call options by funds: $888K | Put options by funds: $3.37M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 5%upside $6 | Overweight Reiterated | 3 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 5%upside $6 | Overweight Reiterated | 9 Aug 2024 |
B. Riley Securities Mike Crawford 50% 1-year accuracy 6 / 12 met price target | 40%upside $8 | Buy Upgraded | 9 Aug 2024 |
Alliance Global Partners Brian Kinstlinger 77% 1-year accuracy 10 / 13 met price target | 44%upside $8.25 | Buy Maintained | 30 Jul 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 5%upside $6 | Overweight Reiterated | 22 Jul 2024 |
Financial journalist opinion
Based on 10 articles about RDW published over the past 30 days