BlackSky Technology (BKSY) vs. Its Competitors Head-To-Head Analysis

BlackSky Technology (NYSE:BKSY) is one of 203 public companies in the “Professional Services” industry, but how does it compare to its rivals? We will compare BlackSky Technology to similar businesses based on the strength of its earnings, dividends, profitability, valuation, analyst recommendations, risk and institutional ownership.

Analyst Ratings

This is a summary of recent recommendations for BlackSky Technology and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BlackSky Technology	1	1	2	1	2.60
BlackSky Technology Competitors	1575	6431	9161	430	2.48

BlackSky Technology presently has a consensus price target of $39.33, suggesting a potential upside of 119.01%. As a group, “Professional Services” companies have a potential upside of 26.84%. Given BlackSky Technology’s stronger consensus rating and higher possible upside, equities research analysts clearly believe BlackSky Technology is more favorable than its rivals.

Earnings and Valuation

This table compares BlackSky Technology and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BlackSky Technology	$106.57 million	-$70.26 million	-9.87
BlackSky Technology Competitors	$3.31 billion	$228.36 million	29.46

BlackSky Technology’s rivals have higher revenue and earnings than BlackSky Technology. BlackSky Technology is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

27.1% of BlackSky Technology shares are held by institutional investors. Comparatively, 57.4% of shares of all “Professional Services” companies are held by institutional investors. 5.2% of BlackSky Technology shares are held by insiders. Comparatively, 17.1% of shares of all “Professional Services” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares BlackSky Technology and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BlackSky Technology	-61.24%	-51.24%	-14.80%
BlackSky Technology Competitors	-0.59%	20.75%	4.33%

Volatility & Risk

BlackSky Technology has a beta of 2.7, indicating that its stock price is 170% more volatile than the S&P 500. Comparatively, BlackSky Technology’s rivals have a beta of 0.98, indicating that their average stock price is 2% less volatile than the S&P 500.

Summary

BlackSky Technology rivals beat BlackSky Technology on 8 of the 12 factors compared.

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. The company's Spectra software platform processes a range of observations from its satellite constellation and various external data sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet-of-Things (IoT) connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. It offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which helps to detect key pattern of life changes in critical locations, including strategic locations and infrastructure comprising ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. In addition, the company develops and delivers satellites and payload systems; and provides professional and engineering services. Its products and services are used in national security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence, and other applications. BlackSky Technology Inc. was incorporated in 2018 and is headquartered in Herndon, Virginia.