BlackSky Technology Inc (NYSE:BKSY)’s traded shares stood at 0.91 million during the last session, with the company’s beta value hitting 1.15. At the close of trading, the stock’s price was $11.07, to imply an increase of 4.34% or $0.46 in intraday trading. The BKSY share’s 52-week high remains $14.16, putting it -27.91% down since that peak but still an impressive 65.13% since price per share fell to its 52-week low of $3.86. The company has a valuation of $340.72M, with an average of 1.05 million shares in intraday trading volume over the past 10 days and average of 983.96K 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 -0.26.
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BlackSky Technology Inc (NYSE:BKSY) trade information
After registering a 4.34% upside in the last session, BlackSky Technology Inc (BKSY) has traded red over the past five days. The 5-day price performance for the stock is 2.79%, and 61.14% over 30 days. With these gigs, the year-to-date price performance is -1.16%. Short interest in BlackSky Technology Inc (NYSE:BKSY) saw shorts transact 1.48 million shares and set a 1.44 days time to cover.
The extremes give us $10 and $12 for target low and target high price respectively. As such, BKSY has been trading -8.4% off suggested target high and 9.67% from its likely low.
BlackSky Technology Inc (BKSY) estimates and forecasts
Looking at statistics comparing BlackSky Technology Inc share performance against respective industry, we note that the company has outperformed competitors. BlackSky Technology Inc (BKSY) shares are 25.80% up over the last 6 months, with its year-to-date growth rate higher than industry average at 41.84% against 16.80%. The rating firms project that company’s revenue will grow 12.14% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 34.23M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 28.48M.Earnings reports from the last fiscal year show that sales brought in 35.51M and 24.24M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -3.61% before jumping 17.51% in the following quarter.
BKSY Dividends
BlackSky Technology Inc has its next earnings report out in January. 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 10.43% of total outstanding shares, with institutional holders owning 60.29% of the shares at 67.32% float percentage. In total, 60.29% 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.
