During the last session, BlackSky Technology Inc (NYSE:BKSY)’s traded shares were 0.53 million, with the beta value of the company hitting 0.99. At the end of the trading day, the stock’s price was $5.70, reflecting an intraday loss of -6.40% or -$0.39. The 52-week high for the BKSY share is $14.16, that puts it down -148.42 from that peak though still a striking 1.4% gain since the share price plummeted to a 52-week low of $5.62. The company’s market capitalization is $106.08M, and the average intraday trading volume over the past 10 days was 0.39 million shares, and the average trade volume was 126.60K shares over the past three months.
BlackSky Technology Inc (BKSY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. BKSY has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.66.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BlackSky Technology Inc (NYSE:BKSY) trade information
BlackSky Technology Inc (BKSY) registered a -6.40% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.40% in intraday trading to $5.70, hitting a weekly high. The stock’s 5-day price performance is -5.79%, and it has moved by -41.60% in 30 days. Based on these gigs, the overall price performance for the year is -39.62%. The short interest in BlackSky Technology Inc (NYSE:BKSY) is 0.65 million shares and it means that shorts have 8.13 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies a decrease of -128.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $2.5 respectively. As a result, BKSY is trading at a premium of 56.14% off the target high and 56.14% off the low.
BlackSky Technology Inc (BKSY) estimates and forecasts
Statistics show that BlackSky Technology Inc has outperformed its competitors in share price, compared to the industry in which it operates. BlackSky Technology Inc (BKSY) shares have gone down -48.74% during the last six months, with a year-to-date growth rate more than the industry average at 39.29% against 17.70. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -925.00% this quarter and then drop -112.50% in the quarter after that. In the rating firms’ projections, revenue will increase 14.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 27.44M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 31.53M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 21.26M and 35.51M respectively. In this case, analysts expect current quarter sales to grow by 29.10% and then drop by -11.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -476.39%. While earnings are projected to return 23.14% in 2024.
BKSY Dividends
BlackSky Technology Inc is due to release its next quarterly earnings on 2024-Nov-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
BlackSky Technology Inc (NYSE:BKSY)’s Major holders
BlackSky Technology Inc insiders own 116.60% of total outstanding shares while institutional holders control 299.38%, with the float percentage being -1803.29%. CERCANO MANAGEMENT LLC is the largest shareholder of the company, while 122.0 institutions own stock in it. As of 2024-06-30, the company held over 9.95 million shares (or 7.0409% of all shares), a total value of $10.65 million in shares.
The next largest institutional holding, with 6.95 million shares, is of BLACKROCK INC.’s that is approximately 4.9153% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.43 million.
