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BKSY

BlackSky Technology NYSE:BKSY Stock Report

Last Price

US$2.42

Market Cap

US$285.4m

7D

19.2%

1Y

-75.8%

Updated

26 Jun, 2022

Data

Company Financials +
BKSY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

BKSY Stock Overview

BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operations of satellite and ground systems to commercial and government customers worldwide.

BlackSky Technology Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BlackSky Technology
Historical stock prices
Current Share PriceUS$2.42
52 Week HighUS$13.20
52 Week LowUS$1.00
Beta0.16
1 Month Change-0.82%
3 Month Change38.29%
1 Year Change-75.75%
3 Year Changen/a
5 Year Changen/a
Change since IPO-75.31%

Recent News & Updates

Jun 17

BlackSky Technology: The View From Above

We put BlackSky Technology in the spotlight for the first time today. The company is delivering very impressive revenue growth and just won an important new long-term contract with the National Reconnaissance Office. An investment analysis follows in the paragraphs below.

Shareholder Returns

BKSYUS Professional ServicesUS Market
7D19.2%7.2%6.6%
1Y-75.8%-17.3%-18.4%

Return vs Industry: BKSY underperformed the US Professional Services industry which returned -17.3% over the past year.

Return vs Market: BKSY underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is BKSY's price volatile compared to industry and market?
BKSY volatility
BKSY Average Weekly Movement32.9%
Professional Services Industry Average Movement6.7%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: BKSY is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 33% a week.

Volatility Over Time: BKSY's weekly volatility has increased from 19% to 33% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013210Brian O’Toolehttps://www.blacksky.com

BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operations of satellite and ground systems to commercial and government customers worldwide. The company processes a range of observations from its constellation, as well as various space, internet-of-things, and terrestrial based sensors and data feeds. Its products are used in government defense and intelligence; commercial, construction, and industrial; and catastrophe, climate, and environment applications.

BlackSky Technology Fundamentals Summary

How do BlackSky Technology's earnings and revenue compare to its market cap?
BKSY fundamental statistics
Market CapUS$285.38m
Earnings (TTM)-US$95.42m
Revenue (TTM)US$40.69m

7.0x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKSY income statement (TTM)
RevenueUS$40.69m
Cost of RevenueUS$40.19m
Gross ProfitUS$493.00k
Other ExpensesUS$95.92m
Earnings-US$95.42m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.81
Gross Margin1.21%
Net Profit Margin-234.53%
Debt/Equity Ratio43.1%

How did BKSY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BKSY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BKSY?

Other financial metrics that can be useful for relative valuation.

BKSY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.4x
Enterprise Value/EBITDA-2.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does BKSY's PS Ratio compare to its peers?

BKSY PS Ratio vs Peers
The above table shows the PS ratio for BKSY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.1x

Price-To-Sales vs Peers: BKSY is expensive based on its Price-To-Sales Ratio (7x) compared to the peer average (2.1x).


Price to Earnings Ratio vs Industry

How does BKSY's PE Ratio compare vs other companies in the U.S. Professional Services Industry?

Price-To-Sales vs Industry: BKSY is expensive based on its Price-To-Sales Ratio (7x) compared to the US Professional Services industry average (1.4x)


Price to Sales Ratio vs Fair Ratio

What is BKSY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BKSY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7x
Fair PS Ratio4.9x

Price-To-Sales vs Fair Ratio: BKSY is expensive based on its Price-To-Sales Ratio (7x) compared to the estimated Fair Price-To-Sales Ratio (4.9x).


Share Price vs Fair Value

What is the Fair Price of BKSY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BKSY ($2.42) is trading below our estimate of fair value ($169.83)

Significantly Below Fair Value: BKSY is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BKSY's PEG Ratio to determine if it is good value.


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Future Growth

How is BlackSky Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


61.2%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BKSY's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if BKSY's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if BKSY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BKSY's revenue (61.2% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: BKSY's revenue (61.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BKSY's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has BlackSky Technology performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


52.7%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: BKSY is currently unprofitable.

Growing Profit Margin: BKSY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BKSY's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare BKSY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BKSY is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (33.1%).


Return on Equity

High ROE: BKSY has a negative Return on Equity (-57.18%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is BlackSky Technology's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BKSY's short term assets ($151.8M) exceed its short term liabilities ($31.6M).

Long Term Liabilities: BKSY's short term assets ($151.8M) exceed its long term liabilities ($88.8M).


Debt to Equity History and Analysis

Debt Level: BKSY has more cash than its total debt.

Reducing Debt: Insufficient data to determine if BKSY's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BKSY has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BKSY has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 38.1% each year.


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Dividend

What is BlackSky Technology current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BKSY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BKSY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BKSY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BKSY's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BKSY has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Brian O’Toole (57 yo)

0.75

Tenure

US$18,356,668

Compensation

Mr. Brian O’Toole is a Chief Executive Officer, President & Director at BlackSky Technology Inc since September 2021. He was a Founder and CEO at OpenWhere since July 2013 until June 2016, Chief Technology...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD18.36M) is above average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BKSY's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: BKSY's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

BlackSky Technology Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BlackSky Technology Inc.
  • Ticker: BKSY
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: US$285.383m
  • Shares outstanding: 117.93m
  • Website: https://www.blacksky.com

Number of Employees


Location

  • BlackSky Technology Inc.
  • 13241 Woodland Park Road
  • Suite 300
  • Herndon
  • Virginia
  • 20171
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.