In the last trading session, 1.18 million SKYX Platforms Corp (NASDAQ:SKYX) shares changed hands as the company’s beta touched 2.38. With the company’s per share price at $1.04 changed hands at -$0.13 or -11.06% during last session, the market valuation stood at $111.73M. SKYX’s last price was a discount, traded about -104.81% off its 52-week high of $2.13. The share price had its 52-week low at $0.75, which suggests the last value was 27.88% up since then. When we look at SKYX Platforms Corp’s average trading volume, we note the 10-day average is 1.45 million shares, with the 3-month average coming to 575.03K.
Analysts gave the SKYX Platforms Corp (SKYX) 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 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SKYX as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. SKYX Platforms Corp’s EPS for the current quarter is expected to be -0.07.
SKYX Platforms Corp (NASDAQ:SKYX) trade information
Instantly SKYX was in red as seen at the end of in last trading. With action -11.44%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.00%, with the 5-day performance at -11.44% in the red. However, in the 30-day time frame, SKYX Platforms Corp (NASDAQ:SKYX) is -18.99% down. Looking at the short shares, we see there were 3.03 million shares sold at short interest cover period of 5.75 days.
SKYX Platforms Corp (SKYX) estimates and forecasts
Year-over-year growth is forecast to reach 15.41% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 22.95M. 4 analysts are of the opinion that SKYX Platforms Corp’s revenue for the current quarter will be 26.7M. The company’s revenue for the corresponding quarters a year ago was 21.45M and 22.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 7.01%. The estimates for the next quarter sales put growth at 20.44%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -4.37%. The 2025 estimates are for SKYX Platforms Corp earnings to increase by 20.14%, but the outlook for the next 5-year period is at 32.65% per year.
SKYX Dividends
SKYX Platforms Corp is expected to release its next quarterly earnings report on 2025-May-14.
SKYX Platforms Corp (NASDAQ:SKYX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 41.70% of SKYX Platforms Corp shares while 9.92% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.01%. There are 9.92% institutions holding the SKYX Platforms Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.2686% of the shares, roughly 2.26 million SKYX shares worth $2.14 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 1.3636% or 1.36 million shares worth $1.29 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 1.61 shares estimated at $1.68 million under it, the former controlled 2.41% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.30% of the shares, roughly 863.12 shares worth around $0.9 million.
