Rocket Lab Usa Stock Today

RKLB Stock  USD 24.87  1.65  7.11%   

Performance

25 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 12

 
High
 
Low
Low
Rocket Lab is trading at 24.87 as of the 22nd of December 2024, a 7.11% up since the beginning of the trading day. The stock's open price was 23.22. Rocket Lab has less than a 12 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 2nd of January 2023 and ending today, the 22nd of December 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
24th of August 2021
Category
Industrials
Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company was founded in 2006 and is headquartered in Long Beach, California. Rocket Lab operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. The company has 499.91 M outstanding shares of which 49.28 M shares are at this time shorted by private and institutional investors with about 1.79 trading days to cover. More on Rocket Lab USA

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Rocket Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaDefense (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Aerospace & Defense, Industrials, NASDAQ Composite, Defense, Industrials, Machinery, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.2599
Way Down
Slightly volatile
Total Current Liabilities123.9 M223.4 M
Way Down
Slightly volatile
Non Current Liabilities Total183.6 M163.3 M
Moderately Up
Slightly volatile
Total Assets724.7 M941.2 M
Significantly Down
Slightly volatile
Total Current Assets468.9 M476.7 M
Fairly Down
Slightly volatile
Debt Levels
Rocket Lab can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rocket Lab's financial leverage. It provides some insight into what part of Rocket Lab's total assets is financed by creditors.
Liquidity
Rocket Lab USA currently holds 176.69 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Rocket Lab USA has a current ratio of 4.8, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Rocket Lab's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(16.34 Million)
Rocket Lab USA (RKLB) is traded on NASDAQ Exchange in USA. It is located in 3881 McGowen Street, Long Beach, CA, United States, 90808 and employs 1,650 people. Rocket Lab is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.43 B. Rocket Lab USA conducts business under Machinery sector and is part of Industrials industry. The entity has 499.91 M outstanding shares of which 49.28 M shares are at this time shorted by private and institutional investors with about 1.79 trading days to cover. Rocket Lab USA currently holds about 542.51 M in cash with (98.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
Check Rocket Lab Probability Of Bankruptcy
Ownership Allocation
Rocket Lab owns a total of 499.91 Million outstanding shares. Over half of Rocket Lab's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rocket Ownership Details

Rocket Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-09-30
M
Northern Trust Corp2024-09-30
2.9 M
American Century Companies Inc2024-09-30
2.9 M
Data Collective Iv Gp, Llc2024-09-30
2.9 M
Charles Schwab Investment Management Inc2024-09-30
2.9 M
Ubs Group Ag2024-09-30
2.8 M
Morgan Stanley - Brokerage Accounts2024-09-30
2.5 M
Royal Bank Of Canada2024-09-30
2.2 M
Barclays Plc2024-09-30
2.2 M
Vk Services Llc2024-09-30
37.8 M
Vanguard Group Inc2024-09-30
35.5 M
View Rocket Lab Diagnostics

Rocket Lab Historical Income Statement

At present, Rocket Lab's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 125 M, whereas Depreciation And Amortization is forecasted to decline to about 19.9 M. View More Fundamentals

Rocket Stock Against Markets

Rocket Lab Corporate Management

Morgan BaileyDirector CommunicationsProfile
Shaun ODonnellChief ProgramsProfile
Mike LynchChief OfficerProfile
Colin CanfieldInvestor ManagerProfile
Peter BeckChairman, FounderProfile
Brad WarezakChief OfficerProfile
When determining whether Rocket Lab USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocket Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rocket Lab Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocket Lab Usa Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Lab USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rocket Lab. If investors know Rocket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rocket Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.739
Quarterly Revenue Growth
0.549
Return On Assets
(0.11)
Return On Equity
(0.37)
The market value of Rocket Lab USA is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Lab's value that differs from its market value or its book value, called intrinsic value, which is Rocket Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rocket Lab's market value can be influenced by many factors that don't directly affect Rocket Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rocket Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocket Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.