Upward Trajectory: BlackSky Technology Inc (BKSY) Posts a Gaine, Closing at 9.60

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The closing price of BlackSky Technology Inc (NYSE: BKSY) was $9.60 for the day, up 6.08% from the previous closing price of $9.05. In other words, the price has increased by $6.08 from its previous closing price. On the day, 0.93 million shares were traded. BKSY stock price reached its highest trading level at $9.83 during the session, while it also had its lowest trading level at $9.03.

Ratios:

Our analysis of BKSY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.68 and its Current Ratio is at 5.68. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.96.

On October 02, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.

On April 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $2.50.H.C. Wainwright initiated its Buy rating on April 03, 2024, with a $2.50 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 10 ’24 when Ward Tracy sold 1,389 shares for $5.86 per share. The transaction valued at 8,140 led to the insider holds 33,793 shares of the business.

O’Toole Brian E sold 24,352 shares of BKSY for $175,091 on Sep 10 ’24. The CEO and President now owns 479,785 shares after completing the transaction at $7.19 per share. On Sep 10 ’24, another insider, Dubois Henry Edward, who serves as the Chief Financial Officer of the company, sold 23,590 shares for $7.19 each. As a result, the insider received 169,612 and left with 231,645 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 295477440 and an Enterprise Value of 335172192. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.76 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 3.126 whereas that against EBITDA is 233.732.

Stock Price History:

Over the past 52 weeks, BKSY has reached a high of $14.16, while it has fallen to a 52-week low of $3.86. The 50-Day Moving Average of the stock is 51.03%, while the 200-Day Moving Average is calculated to be 9.06%.

Shares Statistics:

BKSY traded an average of 824.14K shares per day over the past three months and 1327080 shares per day over the past ten days. A total of 30.78M shares are outstanding, with a floating share count of 23.73M. Insiders hold about 22.91% of the company’s shares, while institutions hold 46.61% stake in the company. Shares short for BKSY as of 1730332800 were 1624271 with a Short Ratio of 1.97, compared to 1727654400 on 1172376. Therefore, it implies a Short% of Shares Outstanding of 1624271 and a Short% of Float of 6.47.

Earnings Estimates

Investors are keenly observing as 4.0 analysts analyze and rate the current performance of BlackSky Technology Inc (BKSY) in the stock market.The consensus estimate for the next quarter is -$0.41, with high estimates of -$0.33 and low estimates of -$0.55.

Analysts are recommending an EPS of between -$1.9 and -$2.48 for the fiscal current year, implying an average EPS of -$2.17. EPS for the following year is -$1.14, with 4.0 analysts recommending between -$0.95 and -$1.34.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $38.7M to a low estimate of $30.5M. As of the current estimate, BlackSky Technology Inc’s year-ago sales were $35.51MFor the next quarter, 9 analysts are estimating revenue of $28.48M. There is a high estimate of $30.2M for the next quarter, whereas the lowest estimate is $23M.

A total of 9 analysts have provided revenue estimates for BKSY’s current fiscal year. The highest revenue estimate was $110.4M, while the lowest revenue estimate was $102.22M, resulting in an average revenue estimate of $105.96M. In the same quarter a year ago, actual revenue was $94.49MBased on 9 analysts’ estimates, the company’s revenue will be $133.29M in the next fiscal year. The high estimate is $138.8M and the low estimate is $121.59M.

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