Terran Orbital Corporation

Report azionario NYSE:LLAP

Capitalizzazione di mercato: US$51.2m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Terran Orbital Gestione

Criteri Gestione verificati 3/4

Terran Orbital Il CEO è Marc Bell, nominato in Mar2021, e ha un mandato di 3.58 anni. la retribuzione annua totale è $ 5.18M, composta da 19.2% di stipendio e 80.8% di bonus, comprese azioni e opzioni aziendali. possiede direttamente 6.29% delle azioni della società, per un valore di $ 3.22M. La durata media del mandato del team dirigenziale e del consiglio di amministrazione è rispettivamente 2.2 anni e 4.7 anni.

Informazioni chiave

Marc Bell

Amministratore delegato

US$5.2m

Compenso totale

Percentuale dello stipendio del CEO19.20%
Mandato del CEO3.6yrs
Proprietà del CEO6.3%
Durata media del management2.2yrs
Durata media del Consiglio di amministrazione4.7yrs

Aggiornamenti recenti sulla gestione

Recent updates

Seeking Alpha • Apr 01

Terran Orbital Is Unattractive Given Lockheed Martin's Takeover Offer

Summary Terran Orbital, a small satellite manufacturer, has significant commercial revenues and is winning notable new contracts. LLAP has a weak balance sheet, and Lockheed is seemingly taking advantage of this with a lowball takeover offer. I believe Terran shares are not a great opportunity today, given the decent probability that Lockheed's offer will go through and lock in losses compared to today's share price. As a Lockheed Martin shareholder, however, I find this venture capital-style approach to the space industry intriguing. Read the full article on Seeking Alpha
Articolo di analisi • Feb 05

It's Down 31% But Terran Orbital Corporation (NYSE:LLAP) Could Be Riskier Than It Looks

Terran Orbital Corporation ( NYSE:LLAP ) shareholders won't be pleased to see that the share price has had a very rough...
Articolo di analisi • Dec 22

Market Might Still Lack Some Conviction On Terran Orbital Corporation (NYSE:LLAP) Even After 34% Share Price Boost

Terran Orbital Corporation ( NYSE:LLAP ) shares have had a really impressive month, gaining 34% after a shaky period...
Seeking Alpha • Dec 11

Terran Orbital: A High-Risk Bet For Investors Willing To Embrace A Bumpy Ride

Summary Terran Orbital Corporation's stock has experienced a significant decline since its IPO but has shown revenue growth with a substantial backlog, indicating potential profitability in the future. The global small satellite industry is expected to see strong growth, presenting opportunities for the Company to capitalize on its position in the market. While LLAP has seen solid revenue growth, numerous risk factors exist including its growing costs and Rivada's delayed payment. Read the full article on Seeking Alpha
Articolo di analisi • Nov 17

News Flash: 6 Analysts Think Terran Orbital Corporation (NYSE:LLAP) Earnings Are Under Threat

The latest analyst coverage could presage a bad day for Terran Orbital Corporation ( NYSE:LLAP ), with the analysts...
Seeking Alpha • Aug 08

Terran Orbital: Starry Visions, Cloudy Finances

Summary Terran Orbital Corporation, showcases impressive strides in contract wins and a growing backlog, but remains ensnared in a web of operational and financial challenges. The company's weak balance sheet puts them in a precarious position with a high risk of equity dilution. Terran Orbital Corporation's financial journey has been troubling, with climbing revenues but no positive gross. We list this stock as a Sell. Read the full article on Seeking Alpha
Seeking Alpha • Jul 03

Terran Orbital: Rocketing Towards Growth Or Bracing For Zero

Summary Terran Orbital, a company specializing in building small satellites, is a high-risk, high-reward investment opportunity due to its potential to multiply its market capitalization or fail completely. The company's partnership with Lockheed Martin and its recent $2.4 billion contract with Rivada Space Networks are significant strengths. LLAP also faces challenges such as a highly competitive market and the need for significant capital expenditure funding. The company's financial situation is a concern, with $292 million in liabilities and a potential for significant share dilution. However, the company expects to become profitable by the end of 2023. I believe Terran Orbital's shares are ready for lift-off due to its proven ability to design and build small satellites, its large-scale production infrastructure, and the potential for profitability and positive cash flows in the near future. Read the full article on Seeking Alpha
Seeking Alpha • Feb 22

Terran Orbital awarded $2.4B contract to build 300 satellites for Rivada Space

Terran Orbital (NYSE:LLAP) stock rallies 75% premarket as its wholly-owned subsidiary, Tyvak Nano-Satellite Systems, has been awarded a $2.4B contract to design, build, and deploy 288 low-earth orbit satellites for Rivada Space Networks. As part of the contract, Terran Orbital will also develop 12 “spare” satellites to produce a total of 300 spacecraft. Terran Orbital, through its subsidiaries, is an innovative mass producer of small satellites for leading operators and major industry participants and is a preferred supplier for customers across the United States, Europe, the Middle East, and Australia. “Our partnership will show why Terran Orbital continues to be a satellite manufacturer of choice for aerospace and defense companies worldwide. We are ecstatic to work alongside Rivada and look forward to building out their LEO constellation.” said Marc Bell, Co-Founder, Chairman, and CEO of Terran Orbital. LLAP +74.27% premarket to $2.98.
Seeking Alpha • Feb 09

Terran Orbital: 2024 Growth Prospects, Waiting For Technical Confirmation

Summary Aerospace & defense equities performed well amid last year's volatility. One small growth stock has languished lately, but shares could be priced well ahead of 2024 earnings growth. The technicals on Terran look tentative for now, but it won't take much to break the downtrend. Parts of the Industrials sector have lost some relative strength to the broad market, and the Aerospace & Defense niche is no exception. The group outperformed in 2022, but as the growth and long-duration themes have returned with animal spirits in 2023, defensive names have faltered a bit. Still the iShares U.S. Aerospace & Defense ETF (ITA) is near all-time highs on a total return basis. One small firm, very speculative, features a big downtrend, though. But there’s a growth case to be made. Are shares of Terran Orbital (LLAP) going to spin up profits for the bulls? Let’s weigh the risks and potential. Space Stocks Soaring, But Losing Some Relative Strength Stockcharts,com According to Bank of America Global Research, Terran Orbital Corp is a vertically integrated provider of satellite solutions, including satellite design, production, launch planning, mission operations, and in-orbit support. The company is also building a constellation of 96 Earth Observation (EO) Satellites that will include satellites with both SAR (synthetic aperture radar) and electro-optical functionality. The Florida-based $275 million market cap Aerospace & Defense industry company within the Industrials sector has negative trailing 12-month GAAP earnings and does not pay a dividend, according to The Wall Street Journal. Terran appears positioned favorably for the emerging Earth imagery technological revolution and spending spree by the U.S. government. It’s a satellite play, and the firm’s valuable PredaSAR constellation technology, once built, will be able to gather images without interruption. What’s more, a 2022 partnership announced with Lockheed Martin should help support a longer-term growth narrative. This is a flier play though, and key risks include changes to the SAR imagery industry and if the constellation is simply not built out. The LMT relationship is also critical to cultivate. Back in November, Terran reported a small earnings beat and a sizable top-line beat. On valuation, analysts at BofA see earnings steeply in the red through this year, but then turning positive by 2024. The Bloomberg consensus forecast is about in line with what BofA projects, too. Don’t expect dividends to be paid out on this small-sized speculative growth stock, but both the firm's operating and GAAP P/E ratios are seen as turning attractive next year should per-share profits indeed turn into the black. If we apply a 12x earnings multiple to next year's earnings outlook and, say, a 9x EV/EBTIDA ratio, then shares would be worth call it $5. Also, don't overlook massive free cash flow expected in 2024, too. Terran Orbital: Earnings, Valuation, Free Cash Flow Outlook BofA Global Research Looking ahead, corporate event data provided by Wall Street Horizon show a confirmed Q4 2022 earnings date of Tuesday, March 21 BMO with a conference call later that morning. You can listen live here. The management team is also expected to speak at the Sidoti & Company March Small Cap Conference 2023 from March 22 to 23. Wall Street Horizon notes that the earnings date was pushed back 12 days. Corporate Event Risk Calendar Wall Street Horizon The Options Angle Digging into the upcoming earnings report, data from Option Research & Technology Services (ORATS) show a consensus EPS forecast of -$0.23 which would be a slight sequential decline from -$0.22 of per-share losses reported in the November quarter.
Seeking Alpha • Nov 09

Terran Orbital GAAP EPS of -$0.19 beats by $0.04, revenue of $27.83M beats by $2.95M

Terran Orbital press release (NYSE:LLAP): Q3 GAAP EPS of -$0.19 beats by $0.04. Revenue of $27.83M (+171.2% Y/Y) beats by $2.95M. Backlog of $198.0 million as of September 30, 2022, up 168% since December 31, 2021 Increased headcount to greater than 440, up approximately 78% since the beginning of the year.
Seeking Alpha • Oct 31

Satellite developer Terran Orbital soars on Lockheed Martin's $100M investment

Terran Orbital (NYSE:LLAP) shares gained 20% premarket on Monday after the satellite products manufacturer received a $100M investment from aerospace firm Lockheed Martin (NYSE:LMT) The investment was issued in exchange for convertible notes and warrants offered in a private placement by Terran Orbital (LLAP). The fresh funding will support the expansion of Terran Orbital’s (LLAP) advanced manufacturing capabilities, which were originally planned for expansion on Florida’s Space Coast in partnership with Space Florida, but will now be based in Irvine, California. Terran Orbital (LLAP) will also use the funds to acquire additional satellite assembly space and increase module production. The companies also forged a new strategic cooperation agreement that allows Terran Orbital (LLAP) to pursue a wider variety of opportunities with Lockheed Martin (LMT). The agreement will run through 2035.

Analisi delle retribuzioni degli amministratori delegati

Come è cambiata la remunerazione di Marc Bell rispetto agli utili di Terran Orbital?
DataCompenso totaleStipendioUtili della società
Jun 30 2024n/an/a

-US$158m

Mar 31 2024n/an/a

-US$151m

Dec 31 2023US$5mUS$995k

-US$152m

Sep 30 2023n/an/a

-US$142m

Jun 30 2023n/an/a

-US$143m

Mar 31 2023n/an/a

-US$147m

Dec 31 2022US$8mUS$995k

-US$164m

Sep 30 2022n/an/a

-US$171m

Jun 30 2022n/an/a

-US$156m

Mar 31 2022n/an/a

-US$133m

Dec 31 2021US$8mUS$804k

-US$139m

Sep 30 2021n/an/a

-US$104m

Dec 31 2020US$1mn/a

-US$10m

Compensazione vs Mercato: La retribuzione totale di Marc ($USD 5.18M ) è superiore alla media delle aziende di dimensioni simili nel mercato US ($USD 648.55K ).

Compensazione vs guadagni: La retribuzione di Marc è stata coerente con le performance aziendali dell'ultimo anno.

AMMINISTRATORE DELEGATO

Marc Bell (57 yo)

3.6yrs
Mandato
US$5,182,371
Compensazione

Mr. Marc H. Bell founded the Marc Bell Capital Partners in 2003. In September 2000, Mr. Bell founded and serves as Managing Partner of Marc Bell Capital, LLC, an investment firm which invests predominately...

Gruppo dirigente

NomePosizioneMandatoCompensazioneProprietà
Marc Bell
Co-Founder3.6yrsUS$5.18m6.29%
$ 3.2m
Marco Villa
Chief Revenue Officer & Executive VP3.6yrsUS$1.19m3.14%
$ 1.6m
Gary Hobart
Chief Transformation Officer1.1yrsUS$1.87m0.35%
$ 179.6k
Adarsh Parekh
Executive VP & CFOless than a yearNessun datoNessun dato
Peter Krauss
Executive VP & COOless than a yearNessun datoNessun dato
Mathieu Riffel
Senior VP & Chief Accounting Officerless than a yearNessun dato0.023%
$ 11.8k
Richard Bays
Senior VP & Chief Information Officer2.6yrsNessun dato0.015%
$ 7.7k
James Black
Senior VP2.2yrsNessun dato0.024%
$ 12.5k
Santina Michel
Senior VP & Chief Human Resources Officer1.8yrsNessun dato0.034%
$ 17.5k
Mark Kula
Senior Vice President of Programs2.8yrsNessun dato0.034%
$ 17.6k
Wahid Azizpor
Senior Vice President of Manufacturing2.5yrsNessun dato0.036%
$ 18.2k
2.2yrs
Durata media
53yo
Età media

Gestione esperta: Il team dirigenziale di LLAP è considerato esperto (durata media dell'incarico 2.2 anni).

Membri del Consiglio di amministrazione

NomePosizioneMandatoCompensazioneProprietà
Marc Bell
Co-Founder10.3yrsUS$5.18m6.29%
$ 3.2m
Stratton Sclavos
Lead Independent Director8.8yrsUS$316.90k0.084%
$ 43.0k
Daniel Staton
Vice Chairman of the Board10.3yrsUS$266.90k6.49%
$ 3.3m
James LaChance
Independent Director6.8yrsUS$286.90k0.22%
$ 113.0k
Richard Newton
Independent Director2.6yrsUS$276.90k0.076%
$ 38.7k
Douglas Raaberg
Independent Director2.6yrsUS$284.40k0.076%
$ 38.7k
Thomas Manion
Independent Director2.6yrsUS$271.90k0.086%
$ 44.0k
Tobi Petrocelli
Independent Director2.6yrsUS$279.40k0.063%
$ 32.3k
4.7yrs
Durata media
65yo
Età media

Consiglio di amministrazione esperto: I membri del consiglio di amministrazione di LLAP sono considerati esperti (durata media dell'incarico 4.7 anni).

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2024/10/30 23:08
Prezzo dell'azione a fine giornata2024/10/30 00:00
Utili2024/06/30
Utili annuali2023/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Terran Orbital Corporation è coperta da 9 analisti. 2 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Joshua SullivanBenchmark Company
Ronald EpsteinBofA Global Research
Austin MoellerCanaccord Genuity