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

BlackSky Technology (NYSE:BKSY) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect BlackSky Technology to post earnings of ($0.28) per share and revenue of $34.23 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

BlackSky Technology Trading Down 11.2 %

BlackSky Technology stock opened at $12.85 on Tuesday. The stock has a market cap of $395.51 million, a PE ratio of -5.69 and a beta of 1.20. The stock has a 50-day moving average price of $13.65 and a 200 day moving average price of $10.00. 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.

Analyst Ratings Changes

A number of analysts recently commented on the company. HC Wainwright lifted their price objective on BlackSky Technology from $12.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Oppenheimer lifted 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 equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $23.20.

Insiders Place Their Bets

In other BlackSky Technology news, 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 value of $74,763.00. Following the sale, the chief executive officer now directly owns 691,909 shares of the company’s stock, valued at approximately $7,368,830.85. This trade represents a 1.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Henry Edward Dubois sold 7,938 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 $84,539.70. Following the completion of the transaction, the chief financial officer now directly owns 420,779 shares in the company, valued at $4,481,296.35. This represents a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,086 shares of company stock valued at $245,866. Insiders own 4.50% of the company’s stock.

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.