In the last trading session, 2.24 million BlackSky Technology Inc (NYSE:BKSY) shares changed hands as the company’s beta touched 1.25. With the company’s per share price at $15.03 changed hands at -$1.65 or -9.89% during last session, the market valuation stood at $462.61M. BKSY’s last price was a discount, traded about -45.84% off its 52-week high of $21.92. The share price had its 52-week low at $3.86, which suggests the last value was 74.32% up since then.
Analysts gave the BlackSky Technology Inc (BKSY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BKSY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. BlackSky Technology Inc’s EPS for the current quarter is expected to be -0.26.
BlackSky Technology Inc (NYSE:BKSY) trade information
Instantly BKSY was in red as seen at the end of in last trading. With action -10.70%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 39.30%, with the 5-day performance at -10.70% in the red. However, in the 30-day time frame, BlackSky Technology Inc (NYSE:BKSY) is 25.88% up.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need a downside of -36.64% from its current market value. According to analyst projections, BKSY’s forecast low is 10 with 12 as the target high. To hit the forecast high, the stock’s price needs a 20.16% surge from its current level, while the stock would need to tank 33.47% for it to hit the projected low.
BlackSky Technology Inc (BKSY) estimates and forecasts
Year-over-year growth is forecast to reach 12.14% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 34.23M. 5 analysts are of the opinion that BlackSky Technology Inc’s revenue for the current quarter will be 28.48M. The company’s revenue for the corresponding quarters a year ago was 35.51M and 24.24M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.61%. The estimates for the next quarter sales put growth at 17.51%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -476.39%. The 2025 estimates are for BlackSky Technology Inc earnings to increase by 32.81%, but the outlook for the next 5-year period is at 51.50% per year.
BKSY Dividends
BlackSky Technology Inc is expected to release its next quarterly earnings report in March.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.9153% or 6.95 million shares worth $7.43 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 681.89 shares estimated at $10.25 million under it, the former controlled 2.22% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.29% of the shares, roughly 398.58 shares worth around $5.99 million.
