BlackSky Technology (BKSY) Expected to Announce Quarterly Earnings on Thursday

BlackSky Technology (NYSE:BKSY) is expected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $34.23 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

BlackSky Technology Price Performance

Shares of NYSE BKSY opened at $12.85 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.68 and a quick ratio of 5.68. The stock has a fifty day moving average price of $13.65 and a 200 day moving average price of $10.00. BlackSky Technology has a 1-year low of $3.86 and a 1-year high of $21.92. The company has a market cap of $395.51 million, a PE ratio of -5.69 and a beta of 1.20.

Insiders Place Their Bets

In other news, CFO Henry Edward Dubois sold 7,938 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total value of $84,539.70. Following the completion of the transaction, the chief financial officer now owns 420,779 shares in the company, valued at $4,481,296.35. This trade represents a 1.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Christiana L. Lin sold 5,550 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $10.65, for a total value 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 represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,086 shares of company stock worth $245,866. 4.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

About BlackSky Technology

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.