BlackSky Technology Inc (NYSE:BKSY) has a beta value of 1.85 and has seen 5.14 million shares traded in the last trading session. The company, currently valued at $521.32M, closed the last trade at $16.47 per share which meant it gained $2.25 on the day or 15.82%% during that session. The BKSY stock price is -33.09% off its 52-week high price of $21.92 and 76.56% above the 52-week low of $3.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.9 million shares traded. The 3-month trading volume is 1.01 million shares.
The consensus among analysts is that BlackSky Technology Inc (BKSY) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.37.
BlackSky Technology Inc (NYSE:BKSY) trade information
Sporting 15.82%% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BKSY stock price touched $16.47 or saw a rise of 0.72%. Year-to-date, BlackSky Technology Inc shares have moved 120.73%, while the 5-day performance has seen it change 51.24%. Over the past 30 days, the shares of BlackSky Technology Inc (NYSE:BKSY) have changed 44.73%. Short interest in the company has seen 3.65 million shares shorted with days to cover at 3.9.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could drop -49.73% from current levels. The projected low price target is $10.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is 27.14% off the targeted high while a plunge would see the stock lose 39.28% from current levels.
BlackSky Technology Inc (BKSY) estimates and forecasts
The company’s shares have gained 35.22% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 28.99%.
10 analysts offering their estimates for the company have set an average revenue estimate of 27.73M for the current quarter. 10 have an estimated revenue figure of 32.36M for the next ending quarter. Year-ago sales stood 24.94M and 22.55M respectively for this quarter and the next, and analysts expect sales will grow by 11.19% for the current quarter and 28.99% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -12.83% over the past 5 years. Earnings growth for 2025 is a modest 52.37% while over the next 5 years, the company’s earnings are expected to increase by 61.34%.
BKSY Dividends
BlackSky Technology Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
BlackSky Technology Inc (NYSE:BKSY)’s Major holders
Insiders own 9.28% of the company shares, while shares held by institutions stand at 50.14% with a share float percentage of 55.27%. Investors are also buoyed by the number of investors in a company, with BlackSky Technology Inc having a total of 149.0 institutions that hold shares in the company. The top two institutional holders are CERCANO MANAGEMENT LLC with over 9.95 million shares worth more than $10.65 million. As of 2024-06-30, CERCANO MANAGEMENT LLC held 8.5682% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 6.95 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.43 million and represent 5.9815% of shares outstanding.
