BlackSky Technology Inc (NYSE:BKSY)’s traded shares stood at 0.61 million during the latest session, with the company’s beta value hitting 0.96. At the last check today, the stock’s price was $5.44, to imply an increase of 9.02% or $0.45 in intraday trading. The BKSY share’s 52-week high remains $14.16, putting it -160.29% down since that peak but still an impressive 29.04% since price per share fell to its 52-week low of $3.86. The company has a valuation of $163.80M, with an average of 1.34 million shares in intraday trading volume over the past 10 days and average of 323.37K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for BlackSky Technology Inc (BKSY), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give BKSY a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.67.
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BlackSky Technology Inc (NYSE:BKSY) trade information
After registering a 9.02% upside in the latest session, BlackSky Technology Inc (BKSY) has traded red over the past five days. The 5-day price performance for the stock is 21.97%, and -22.99% over 30 days. With these gigs, the year-to-date price performance is -51.43%. Short interest in BlackSky Technology Inc (NYSE:BKSY) saw shorts transact 0.82 million shares and set a 4.36 days time to cover.
The extremes give us $10 and $15 for target low and target high price respectively. As such, BKSY has been trading -175.74% off suggested target high and -83.82% from its likely low.
BlackSky Technology Inc (BKSY) estimates and forecasts
Revenue is forecast to shrink -937.50% this quarter before falling -116.70% for the next one. The rating firms project that company’s revenue will grow 14.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 27.48M. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 31.5M.Earnings reports from the last fiscal year show that sales brought in 21.26M and 35.51M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 29.30% before dropping -11.30% in the following quarter.
BKSY Dividends
BlackSky Technology Inc has its next earnings report out on 2024-Nov-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
BlackSky Technology Inc (NYSE:BKSY)’s Major holders
BlackSky Technology Inc insiders hold 11.31% of total outstanding shares, with institutional holders owning 24.34% of the shares at 27.45% float percentage. In total, 24.34% institutions holds shares in the company, led by CERCANO MANAGEMENT LLC. As of 2024-06-30, the company held over 9.95 million shares (or 7.0409% of shares), all amounting to roughly $10.65 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 6.95 million shares, or about 4.9153% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.43 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the BlackSky Technology Inc (BKSY) shares. Going by data provided on Jun 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 421.89 shares. This is just over 0.28% of the total shares, with a market valuation of $2.29 million. Data from the same date shows that the other fund manager holds a little less at 383.51, or 0.26% of the shares, all valued at about 2.08 million.
