BlackSky Technology (BKSY) Projected to Post Quarterly Earnings on Wednesday

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

BlackSky Technology Stock Performance

Shares of BlackSky Technology stock opened at $16.68 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.68 and a current ratio of 5.68. BlackSky Technology has a 1 year low of $3.86 and a 1 year high of $21.92. The firm’s 50-day simple moving average is $13.24 and its 200-day simple moving average is $9.74. The firm has a market cap of $513.41 million, a PE ratio of -7.38 and a beta of 1.20.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, CEO Brian E. O’toole sold 7,020 shares of BlackSky Technology stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $10.65, for a total value of $74,763.00. Following the sale, the chief executive officer now directly owns 691,909 shares in the company, valued at $7,368,830.85. This trade represents a 1.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Christiana L. Lin sold 5,550 shares of the company’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 $59,107.50. Following the completion of the transaction, the chief accounting officer now owns 354,143 shares of the company’s stock, valued at approximately $3,771,622.95. This trade represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,086 shares of company stock valued at $245,866. 4.50% of the stock is currently owned by insiders.

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.