NASDAQ:SKYX SKYX Platforms (SKYX) Stock Price, News & Analysis $0.84 -0.05 (-5.60%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$0.81▼$0.8850-Day Range$0.76▼$1.2252-Week Range$0.72▼$1.95Volume175,283 shsAverage Volume167,400 shsMarket Capitalization$85.70 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get SKYX Platforms alerts: Email Address SKYX Platforms MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside492.7% Upside$5.00 Price TargetShort InterestBearish5.08% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.36) to ($0.22) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.72 out of 5 starsBusiness Services Sector215th out of 303 stocksElectric Lighting & Wiring Equipment Industry4th out of 4 stocks 3.5 Analyst's Opinion Consensus RatingSKYX Platforms has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSKYX Platforms has only been the subject of 1 research reports in the past 90 days.Read more about SKYX Platforms' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.08% of the float of SKYX Platforms has been sold short.Short Interest Ratio / Days to CoverSKYX Platforms has a short interest ratio ("days to cover") of 7.6.Change versus previous monthShort interest in SKYX Platforms has recently decreased by 0.66%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSKYX Platforms does not currently pay a dividend.Dividend GrowthSKYX Platforms does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SKYX. Previous Next N/A News and Social Media Coverage Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SKYX Platforms insiders have not sold or bought any company stock.Percentage Held by Insiders33.00% of the stock of SKYX Platforms is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 11.79% of the stock of SKYX Platforms is held by institutions.Read more about SKYX Platforms' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SKYX Platforms are expected to grow in the coming year, from ($0.36) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SKYX Platforms is -1.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SKYX Platforms is -1.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSKYX Platforms has a P/B Ratio of 9.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about SKYX Platforms' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …Find out details on these three critical Nvidia partners immediately. About SKYX Platforms Stock (NASDAQ:SKYX)SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.Read More SKYX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKYX Stock News HeadlinesAugust 19, 2024 | globenewswire.comSKYX to Collaborate with EGLO, European World Leading Design and Manufacturer of Decorative Lighting and Ceiling FansAugust 14, 2024 | markets.businessinsider.comBuy Rating Justified: SQL Technologies’ Strong Growth and Strategic PartnershipsSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 14, 2024 | msn.comSKYX Platforms Corp. (NASDAQ:SKYX) Q2 2024 Earnings Call TranscriptAugust 13, 2024 | seekingalpha.comSKYX Platforms Corp. (SKYX) Q2 2024 Earnings Call TranscriptAugust 12, 2024 | investorplace.comSKYX Stock Earnings: SKYX Platforms Beats EPS, Beats Revenue for Q2 2024August 12, 2024 | globenewswire.comSKYX Reports Record Second Quarter Sales of $21.4 Million Compared to $15.0 Million for Second Quarter 2023 as it Continues to Grow its Market Penetration in the U.S and Canada of its Advanced and Smart Platform ProductsAugust 7, 2024 | globenewswire.comSKYX Announces Corporate Update CallSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 1, 2024 | lse.co.ukSkyx Platforms Corp Share Price (SKYX.US)August 1, 2024 | cnn.comThe best trading platforms for beginners in July 2024July 30, 2024 | finance.yahoo.comEXCLUSIVE: SKYX Collaborates With Home Depot For Smart Plug & Play ProductsJuly 30, 2024 | benzinga.comEXCLUSIVE: SKYX Partners With Home Depot For Smart Plug & Play ProductsJuly 30, 2024 | globenewswire.comSKYX Announces a Collaboration with Home Depot for its Advanced and Smart Plug & Play Products for both Retail and Professional SegmentsJuly 11, 2024 | globenewswire.comSKYX Announces Production of its New Global Patented Advanced, Smart, Plug & Play Recessed LightJune 24, 2024 | globenewswire.comSKYX Announces Issuance of 6 Additional Patents in the U.S. and Globally including China, India, Europe, Canada, and Mexico for its Advanced Smart Plug & Play Ceiling Fan & HeaterMay 23, 2024 | finance.yahoo.comSKYX Platforms Corp. (SKYX)May 14, 2024 | investorplace.comSKYX Stock Earnings: SKYX Platforms Misses EPS, Misses Revenue for Q1 2024See More Headlines Receive SKYX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SKYX Platforms and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/12/2024Today9/07/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Electric lighting & wiring equipment Sub-IndustryElectrical Equipment Current SymbolNASDAQ:SKYX CUSIPN/A CIK1598981 Webwww.safetyquicklight.com Phone(855) 759-7584FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Stock Price Target$5.00 High Stock Price Target$5.00 Low Stock Price Target$5.00 Potential Upside/Downside+492.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,730,000.00 Net Margins-43.51% Pretax Margin-43.50% Return on Equity-260.53% Return on Assets-49.18% Debt Debt-to-Equity Ratio0.88 Current Ratio0.77 Quick Ratio0.62 Sales & Book Value Annual Sales$58.79 million Price / Sales1.46 Cash FlowN/A Price / Cash FlowN/A Book Value$0.09 per share Price / Book9.37Miscellaneous Outstanding Shares101,590,000Free Float67,113,000Market Cap$85.70 million OptionableNo Data Beta-2,865.94 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Ran Roland Kohen (Age 58)Founder & Executive Chairman Comp: $656.4kMr. John P. Campi (Age 79)Co-Chief Executive Officer Comp: $150kMr. Leonard Jay Sokolow CPA (Age 67)Econ., LL.M., Co-CEO & Director Comp: $274.55kMr. Steven M. Schmidt (Age 69)President Mr. Marc-Andre Boisseau (Age 59)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $194kMs. Patricia Ann Barron (Age 63)Chief Operations Officer Comp: $161.63kMr. Eliran Ben-ZikriCTO & GM of Sky's Israeli OfficeMr. Rob PowellChief Compliance Officer & General CounselMr. Jonathan GlobersonVice President Design & MarketingMr. Michael PerrilloVice President of Global SalesMore ExecutivesKey CompetitorsCaesarstoneNASDAQ:CSTEByrna TechnologiesNASDAQ:BYRNSolid PowerNASDAQ:SLDPNOVONIXNASDAQ:NVXGauzyNASDAQ:GAUZView All CompetitorsInstitutional OwnershipPoint72 Asia Singapore Pte. Ltd.Bought 83,651 shares on 8/15/2024Ownership: 0.084%Choreo LLCBought 52,680 shares on 8/7/2024Ownership: 0.286%Matrix Asset Advisors Inc. NYBought 35,000 shares on 7/15/2024Ownership: 0.100%View All Institutional Transactions SKYX Stock Analysis - Frequently Asked Questions How have SKYX shares performed this year? SKYX Platforms' stock was trading at $1.60 at the start of the year. Since then, SKYX shares have decreased by 47.3% and is now trading at $0.8436. View the best growth stocks for 2024 here. How were SKYX Platforms' earnings last quarter? SKYX Platforms Corp. (NASDAQ:SKYX) posted its quarterly earnings results on Monday, August, 12th. The company reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.03. The business earned $21.45 million during the quarter, compared to analyst estimates of $22 million. SKYX Platforms had a negative net margin of 43.51% and a negative trailing twelve-month return on equity of 260.53%. When did SKYX Platforms IPO? SKYX Platforms (SKYX) raised $20 million in an initial public offering on Thursday, February 10th 2022. The company issued 1,650,000 shares at a price of $11.00-$13.00 per share. Who are SKYX Platforms' major shareholders? Top institutional investors of SKYX Platforms include Choreo LLC (0.29%), Matrix Asset Advisors Inc. NY (0.10%) and Point72 Asia Singapore Pte. Ltd. (0.08%). Insiders that own company stock include Dov Shiff, John P Campi and Ran Roland Kohen. View institutional ownership trends. How do I buy shares of SKYX Platforms? Shares of SKYX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SKYX) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SKYX Platforms Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share SKYX Platforms With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
