25,324 Shares in Firefly Aerospace, Inc. $FLY Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. acquired a new stake in Firefly Aerospace, Inc. (NASDAQ:FLY) in the second quarter, according to its most recent filing with the SEC. The fund acquired 25,324 shares of the company’s stock, valued at approximately $745,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in shares of Firefly Aerospace during the third quarter worth $26,000. CIBC Private Wealth Group LLC bought a new stake in shares of Firefly Aerospace during the 3rd quarter valued at $26,000. California State Teachers Retirement System bought a new stake in shares of Firefly Aerospace during the 4th quarter valued at $30,000. NBC Securities Inc. purchased a new stake in Firefly Aerospace during the 4th quarter worth about $38,000. Finally, KBC Group NV purchased a new stake in Firefly Aerospace during the 1st quarter worth about $38,000.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FLY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $35.00 target price on shares of Firefly Aerospace in a report on Tuesday, May 5th. Cantor Fitzgerald reissued an “overweight” rating and issued a $35.00 price target on shares of Firefly Aerospace in a report on Wednesday, August 12th. B. Riley Financial reduced their price objective on shares of Firefly Aerospace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Wall Street Zen raised shares of Firefly Aerospace from a “sell” rating to a “hold” rating in a report on Sunday. Finally, 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 note on Monday, June 15th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.82.

Firefly Aerospace Stock Performance

NASDAQ FLY opened at $24.45 on Monday. Firefly Aerospace, Inc. has a 52-week low of $16.00 and a 52-week high of $62.17. The company has a fifty day moving average of $24.84 and a 200-day moving average of $29.39. The company has a market capitalization of $4.09 billion and a P/E ratio of -8.32. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.73 and a current ratio of 2.73.

Firefly Aerospace (NASDAQ:FLY) last released its earnings results on Tuesday, August 11th. The company reported ($0.42) EPS for the quarter, beating 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 period in the prior year, the company earned ($5.78) EPS. The firm’s revenue was up 659.2% compared to the same quarter last year. As a group, equities research analysts predict that Firefly Aerospace, Inc. will post -1.91 EPS for the current fiscal year.

Firefly Aerospace Profile

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.