Firefly Aerospace, Inc. (NASDAQ:FLY – Get Free Report) has received an average rating of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $36.58.
A number of research firms recently issued reports on FLY. Weiss Ratings restated a “sell (d-)” rating on shares of Firefly Aerospace in a research note on Tuesday, September 22nd. Roth Capital reduced their price objective on Firefly Aerospace from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Jefferies Financial Group set a $35.00 price objective on Firefly Aerospace in a report on Wednesday, August 12th. KeyCorp upgraded shares of Firefly Aerospace from a “sector weight” rating to an “overweight” rating and set a $50.00 target price on the stock in a research report on Monday, June 15th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $35.00 target price on shares of Firefly Aerospace in a research report on Wednesday, August 12th.
Check Out Our Latest Stock Report on FLY
Institutional Trading of Firefly Aerospace
Firefly Aerospace Stock Performance
NASDAQ FLY opened at $20.00 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.73 and a quick ratio of 2.73. Firefly Aerospace has a 1 year low of $16.00 and a 1 year high of $62.17. The company has a market capitalization of $3.35 billion, a PE ratio of -6.80 and a beta of 0.59. The company has a fifty day moving average of $22.94 and a two-hundred day moving average of $29.46.
Firefly Aerospace (NASDAQ:FLY – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($0.42) EPS for the quarter, topping analysts’ consensus estimates of ($0.50) by $0.08. Firefly Aerospace had a negative return on equity of 22.28% and a negative net margin of 126.64%. The business had revenue of $117.68 million for the quarter. During the same quarter last year, the firm posted ($5.78) EPS. The firm’s revenue for the quarter was up 659.2% on a year-over-year basis. As a group, analysts expect that Firefly Aerospace will post -2.31 earnings per share for the current year.
About Firefly Aerospace
Firefly Aerospace, Inc is a space transportation and exploration company headquartered in Cedar Park, Texas. The company develops launch vehicles, lunar landers, spacecraft and related in-space services for government and commercial customers. Its operations support missions ranging from satellite deployment and scientific research to lunar exploration and national security applications.
Firefly’s primary launch vehicle is Alpha, a small- to medium-class orbital rocket designed to carry payloads into low Earth orbit.
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