![]() Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too). ![]() The Earnings Estimate Revisions Grade takes into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. In addition to Momentum, A+ Investor also provides grades for Value, Growth, Estimate Revisions and Quality. Other Virgin Orbit Holdings Inc Stock Grades Virgin Orbit Holdings Inc has a Momentum Score of 4, which is Very Weak. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. Typically, AAII looks at the weighted relative strength over the trailing four quarters. Momentum is based on the price change of a stock over a specified period relative to all other stocks. Momentum grades help uncover stocks experiencing anomalously high rates of return research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. ![]() Sign Up to Receive a Free Special Report That Shows How A+ Investor Grades Can Help You Make Investment Decisions passenger volumes still 20% below prepandemic levels as of mid-August 2021. The pandemic has devastated the subindustry’s airline customers, with U.S. After defense, an estimated 35% of A&D revenues come from commercial aerospace, where slack demand will likely persist through 2022. This reflects strong bipartisan support for Pentagon initiatives to maintain sea, air, and space superiority. Then in July, the Democrat-controlled Senate Armed Services Committee voted overwhelmingly (23-3) to increase the FY 22 defense budget an even greater amount (+5%) than Biden. In April 2021, President Biden requested a 2% defense budget increase over the record FY 21 budget set under former President Trump. Much of this boost will likely be offset by a continued downturn in commercial aerospace, though, with another one to two years still needed for commercial aircraft demand to recover to pre-pandemic levels. ![]() defense spending to drive strong earnings for defense businesses that make up roughly 65% of sub-industry revenue. There is expectation for healthy growth in U.S. Our fundamental outlook for the Aerospace & Defense (A&D) industry over the next 12 months is neutral. Virgin Orbit Holdings Inc does not currently pay a dividend. Analysts expect adjusted earnings to reach $-0.590 per share for the current fiscal year. Year-over-year quarterly sales growth most recently was %. Virgin Orbit Holdings Inc’s trailing 12-month revenue is $0.0 million with a % profit margin. Virgin Orbit Holdings Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Latest Virgin Orbit Holdings Inc Stock NewsĪs of March 17, 2023, Virgin Orbit Holdings Inc had a $239.3 million market capitalization, putting it in the 45th percentile of companies in the Aerospace & Defense industry. Read on to find out how ( VORB) grades on certain investment factors and determine whether it meets your investment needs. Learn more about whether Virgin Orbit Holdings Inc is a good stock to buy or sell based on recent news as well as its key financial metrics.
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