
Satellogic Inc. (NASDAQ:SATL – Free Report) – Analysts at Northland Securities boosted their Q1 2027 earnings estimates for Satellogic in a research report issued to clients and investors on Wednesday, November 11th. Northland Securities analyst M. Latimore now expects that the company will earn ($0.02) per share for the quarter, up from their previous forecast of ($0.03). The consensus estimate for Satellogic’s current full-year earnings is ($0.02) per share. Northland Securities also issued estimates for Satellogic’s Q4 2027 earnings at $0.00 EPS and FY2027 earnings at ($0.02) EPS.
Other equities research analysts have also issued reports about the company. Roth Capital restated a “buy” rating on shares of Satellogic in a report on Thursday, August 6th. Wall Street Zen downgraded Satellogic from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Cantor Fitzgerald dropped their price target on shares of Satellogic from $9.00 to $7.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Satellogic in a research note on Wednesday, November 4th. Finally, Zacks Research cut shares of Satellogic from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Satellogic presently has an average rating of “Moderate Buy” and a consensus target price of $8.50.
Satellogic Stock Performance
Shares of NASDAQ SATL opened at $3.52 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.31 and a current ratio of 4.90. The firm has a market cap of $541.16 million, a price-to-earnings ratio of -5.33 and a beta of 1.49. The business’s 50-day simple moving average is $4.56 and its 200-day simple moving average is $5.25. Satellogic has a 52 week low of $1.25 and a 52 week high of $12.00.
Satellogic (NASDAQ:SATL – Get Free Report) last announced its quarterly earnings results on Tuesday, November 10th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. The company had revenue of $16.04 million during the quarter, compared to analysts’ expectations of $12.44 million. Satellogic had a positive return on equity of 10.43% and a negative net margin of 179.55%.
Institutional Trading of Satellogic
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC acquired a new position in shares of Satellogic during the second quarter worth approximately $11,613,000. Tema ETFs LLC acquired a new stake in shares of Satellogic in the second quarter worth $8,640,000. Renaissance Technologies LLC acquired a new stake in shares of Satellogic in the first quarter worth $6,463,000. Royal Bank of Canada increased its position in Satellogic by 4,052.9% during the first quarter. Royal Bank of Canada now owns 417,033 shares of the company’s stock worth $2,269,000 after acquiring an additional 406,991 shares during the period. Finally, Sei Investments Co. bought a new position in Satellogic during the first quarter worth $1,607,000. Institutional investors and hedge funds own 17.58% of the company’s stock.
Satellogic Company Profile
Satellogic is a space technology company that designs, manufactures and operates Earth-observation satellites. It provides satellite imagery and geospatial data products to customers seeking information about conditions and changes on the ground. The company’s services include imagery and monitoring solutions for applications such as agriculture, forestry, energy, infrastructure and government operations. Satellogic also offers access to satellite data and imaging capacity for organizations that need tailored Earth-observation capabilities.
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