BlackSky Technology (BKSY) to Release Quarterly Earnings on Wednesday

BlackSky Technology (NYSE:BKSY - Get Free Report) is projected to release its earnings data 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 that are interested in registering for the company's earnings conference call can do so using this link.

BlackSky Technology Price Performance

BlackSky Technology stock traded down $1.63 during mid-day trading on Friday, hitting $16.68. The stock had a trading volume of 1,983,847 shares, compared to its average volume of 1,792,987. The firm has a market capitalization of $513.41 million, a P/E ratio of -7.38 and a beta of 1.20. The company has a current ratio of 5.68, a quick ratio of 5.68 and a debt-to-equity ratio of 0.89. The firm's 50 day moving average is $13.12 and its 200 day moving average is $9.65. BlackSky Technology has a one year low of $3.86 and a one year high of $21.92.

Insider Buying and Selling at BlackSky Technology

In related news, CFO Henry Edward Dubois sold 7,938 shares of the 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 owns 420,779 shares of the company's stock, valued at approximately $4,481,296.35. This trade represents a 1.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brian E. O'toole sold 7,020 shares of the stock in a transaction dated Tuesday, December 10th. The shares were 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 directly 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 position. The disclosure for this sale can be found here. Insiders sold 23,086 shares of company stock valued at $245,866 in the last 90 days. Insiders own 4.50% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on BKSY. Oppenheimer upped their target price on shares of BlackSky Technology from $10.00 to $30.00 and gave the stock an "outperform" rating in a report on Wednesday. HC Wainwright increased their price objective on shares of BlackSky Technology from $12.00 to $20.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, BlackSky Technology presently has an average rating of "Buy" and an average target price 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.