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In a recent filing with the Securities and Exchange Commission, Isham Joanne O’Rourke, a director at Redwire Corp (NYSE:RDW), disclosed a purchase of 4,578 shares of the company’s common stock. The transaction, which took place on March 17, 2025, was executed at a price of $11.0203 per share, amounting to a total value of approximately $50,450. The purchase comes as Redwire’s stock has shown strong momentum, with a 69.77% gain over the past six months and an impressive 185.9% return over the last year. InvestingPro subscribers can access detailed insider trading patterns and comprehensive analysis of such transactions. Following this transaction, O’Rourke now holds a total of 83,595 shares directly. Redwire Corp, with a market capitalization of $827.53 million, is a company specializing in guided missiles and space vehicles and parts. The company has demonstrated strong revenue growth of 24.73% in the last twelve months, with analysts setting price targets between $20 and $30 per share.
In other recent news, Redwire Corporation reported its fourth-quarter 2024 earnings, revealing a significant miss in earnings per share (EPS) and revenue. The company posted an EPS of -1.38, falling short of the expected -0.18, and revenue reached $69.6 million, missing the forecast of $74.82 million. Despite these setbacks, Redwire achieved a 24.7% year-over-year increase in full-year revenue, totaling $304.1 million. The company also expanded its facilities and completed the acquisition of Edge Autonomy, reflecting its strategic growth initiatives.
Cantor Fitzgerald reiterated its Overweight rating on Redwire, maintaining a price target of $28.00, citing the company’s promising sales and profitability guidance for 2025. Analyst Colin Canfield from Cantor Fitzgerald emphasized that Redwire’s strategic use of Enterprise Architecture could enhance its position in addressing urgent security needs. Looking ahead, Redwire forecasts combined revenue of $535-$565 million for 2025, with a projected adjusted EBITDA of $70-$105 million. The company expects a compound annual growth rate of 52.9% from 2023 and aims to be free cash flow positive by 2025.
Despite recent performance challenges, Cantor Fitzgerald remains confident in Redwire’s long-term prospects, anticipating that market conditions will improve with potential increases in the Department of Defense budget. Redwire’s strategic positioning and market dynamics are expected to contribute to its positive re-rating in the future.
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