Jefferies analyst Greg Konrad maintained a Buy rating on Redwire (RDW – Research Report) today and set a price target of $9.00. The company’s shares closed today at $3.23.
According to TipRanks, Konrad is ranked #8140 out of 8498 analysts.
Redwire has an analyst consensus of Moderate Buy, with a price target consensus of $9.00.
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Based on Redwire’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $60.1 million and a GAAP net loss of $5.46 million. In comparison, last year the company earned a revenue of $36.73 million and had a GAAP net loss of $77.03 million
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RDW in relation to earlier this year.
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Genesis Park Acquisition Corp is a blank check company. Its business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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