In the last trading session, 1.27 million BlackSky Technology Inc (NYSE:BKSY) shares changed hands as the company’s beta touched 1.59. With the company’s per share price at $9.08 changed hands at $0.28 or 3.18% during last session, the market valuation stood at $279.47M. BKSY’s last price was a discount, traded about -141.41% 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 57.49% up since then. When we look at BlackSky Technology Inc’s average trading volume, we note the 10-day average is 1.92 million shares, with the 3-month average coming to 1.69 million.
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 -0.46.
BlackSky Technology Inc (NYSE:BKSY) trade information
Instantly BKSY was in green as seen at the end of in last trading. With action -7.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -15.85%, with the 5-day performance at -7.91% in the red. However, in the 30-day time frame, BlackSky Technology Inc (NYSE:BKSY) is -44.50% down. Looking at the short shares, we see there were 2.46 million shares sold at short interest cover period of 1.2 days.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 17.45% 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 -32.16% plunge from its current level, while the stock would need to soar -10.13% for it to hit the projected low.
BlackSky Technology Inc (BKSY) estimates and forecasts
Year-over-year growth is forecast to reach 30.06% 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 27.07M. 9 analysts are of the opinion that BlackSky Technology Inc’s revenue for the current quarter will be 30.12M. The company’s revenue for the corresponding quarters a year ago was 24.24M and 24.94M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.69%. The estimates for the next quarter sales put growth at 20.78%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.76%. The 2025 estimates are for BlackSky Technology Inc earnings to increase by 43.71%, but the outlook for the next 5-year period is at 61.22% per year.
BKSY Dividends
BlackSky Technology Inc is expected to release its next quarterly earnings report on 2025-Mar-05.
BlackSky Technology Inc (NYSE:BKSY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.73% of BlackSky Technology Inc shares while 51.89% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 58.13%. There are 51.89% institutions holding the BlackSky Technology Inc stock share, with CERCANO MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 7.0409% of the shares, roughly 9.95 million BKSY shares worth $10.65 million.
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 Dec 31, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 681.89 shares estimated at $6.19 million under it, the former controlled 2.22% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.11% of the shares, roughly 650.36 shares worth around $5.91 million.
