BlackSky Technology (BKSY) Expected to Announce Earnings on Wednesday

BlackSky Technology (NYSE:BKSY) is anticipated to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $34.23 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

BlackSky Technology Stock Down 8.9 %

BKSY stock opened at $16.68 on Monday. The firm’s 50-day moving average is $13.24 and its two-hundred day moving average is $9.74. The company has a market capitalization of $513.41 million, a price-to-earnings ratio of -7.38 and a beta of 1.20. BlackSky Technology has a 52 week low of $3.86 and a 52 week high of $21.92. The company has a current ratio of 5.68, a quick ratio of 5.68 and a debt-to-equity ratio of 0.89.

Insider Buying and Selling

In other BlackSky Technology news, CFO Henry Edward Dubois sold 7,938 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total transaction of $84,539.70. Following the sale, the chief financial officer now owns 420,779 shares in the company, valued at approximately $4,481,296.35. The trade was a 1.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brian E. O’toole sold 7,020 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total transaction of $74,763.00. Following the completion of the transaction, the chief executive officer now owns 691,909 shares of the company’s stock, valued at approximately $7,368,830.85. The trade was a 1.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,086 shares of company stock worth $245,866. Corporate insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

BKSY has been the subject of a number of research analyst reports. Oppenheimer upped their target price on BlackSky Technology from $10.00 to $30.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 19th. HC Wainwright upped their price objective on BlackSky Technology from $12.00 to $20.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, BlackSky Technology currently has an average rating of “Buy” and an average price target of $23.20.

BlackSky Technology Company Profile

BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.