The price of BlackSky Technology Inc (NYSE: BKSY) closed at $1.51 in the last session, up 6.34% from day before closing price of $1.42. In other words, the price has increased by $+0.0900 from its previous closing price. On the day, 1279370 shares were traded.
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Ratios:
We take a closer look at BKSY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.79 and its Current Ratio is at 2.86. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on July 06, 2023, initiated with a Buy rating and assigned the stock a target price of $2.50.
On November 07, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $3.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 14 when O’Toole Brian E sold 75,660 shares for $1.40 per share. The transaction valued at 105,924 led to the insider holds 2,864,450 shares of the business.
Dubois Henry Edward sold 7,547 shares of BKSY for $10,566 on Mar 14. The Chief Financial Officer now owns 882,775 shares after completing the transaction at $1.40 per share. On Mar 14, another insider, Lin Christiana L, who serves as the General Counsel & Corp Sec of the company, sold 4,546 shares for $1.40 each. As a result, the insider received 6,364 and left with 514,792 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKSY now has a Market Capitalization of 202.83M and an Enterprise Value of 236.86M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 2.51 whereas that against EBITDA is 574.90.
Stock Price History:
Over the past 52 weeks, BKSY has reached a high of $2.37, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 1.3756, while the 200-Day Moving Average is calculated to be 1.4543.
Shares Statistics:
According to the various share statistics, BKSY traded on average about 681.49K shares per day over the past 3-months and 827.45k shares per day over the past 10 days. A total of 142.84M shares are outstanding, with a floating share count of 93.51M. Insiders hold about 34.61% of the company’s shares, while institutions hold 27.59% stake in the company. Shares short for BKSY as of Feb 15, 2024 were 5.25M with a Short Ratio of 7.70, compared to 4.85M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.68% and a Short% of Float of 5.04%.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.09, while EPS last year was -$0.13. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.07 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.25 and -$0.31 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.15, with 2 analysts recommending between -$0.12 and -$0.18.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $25.7M. It ranges from a high estimate of $26.8M to a low estimate of $24.3M. As of the current estimate, BlackSky Technology Inc’s year-ago sales were $18.4M, an estimated increase of 39.70% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $27.3M, an increase of 41.30% over than the figure of $39.70% in the same quarter last year. There is a high estimate of $29.5M for the next quarter, whereas the lowest estimate is $25.7M.
A total of 7 analysts have provided revenue estimates for BKSY’s current fiscal year. The highest revenue estimate was $128.39M, while the lowest revenue estimate was $109.5M, resulting in an average revenue estimate of $116.03M. In the same quarter a year ago, actual revenue was $94.49M, up 22.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $146.07M in the next fiscal year. The high estimate is $162.5M and the low estimate is $136.9M. The average revenue growth estimate for next year is up 25.90% from the average revenue estimate for this year.
