Northland Securities Estimates Satellogic Q4 Earnings

Satellogic Inc. (NASDAQ:SATL) – Investment analysts at Northland Securities issued their Q4 2027 earnings per share estimates for Satellogic in a research note issued to investors on Thursday, August 6th. Northland Securities analyst M. Latimore anticipates that the company will earn $0.01 per share for the quarter. The consensus estimate for Satellogic’s current full-year earnings is ($0.11) per share.

A number of other equities analysts have also recently commented on SATL. Zacks Research upgraded shares of Satellogic from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 10th. Freedom Capital upgraded shares of Satellogic from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Cantor Fitzgerald reduced their price objective on Satellogic from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday. Roth Capital reiterated a “buy” rating on shares of Satellogic in a report on Thursday. Finally, Weiss Ratings raised Satellogic from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Satellogic has a consensus rating of “Buy” and a consensus target price of $8.90.

Satellogic Trading Up 4.6%

Shares of SATL opened at $5.04 on Friday. Satellogic has a fifty-two week low of $1.25 and a fifty-two week high of $12.00. The firm has a market cap of $747.13 million, a price-to-earnings ratio of -6.15 and a beta of 1.31. The firm has a 50 day moving average price of $5.33 and a 200-day moving average price of $5.47. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.41 and a current ratio of 2.44.

Satellogic (NASDAQ:SATL) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.10). The business had revenue of $15.92 million for the quarter, compared to the consensus estimate of $9.57 million. Satellogic had a negative net margin of 325.65% and a negative return on equity of 124.86%.

Hedge Funds Weigh In On Satellogic

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp bought a new stake in Satellogic in the second quarter valued at $1,278,000. Tema ETFs LLC purchased a new stake in shares of Satellogic in the 2nd quarter worth about $8,640,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Satellogic during the 2nd quarter valued at about $402,000. Bank of America Corp DE boosted its stake in shares of Satellogic by 29.8% during the 1st quarter. Bank of America Corp DE now owns 72,832 shares of the company’s stock valued at $396,000 after purchasing an additional 16,707 shares in the last quarter. Finally, MSA Advisors LLC purchased a new position in shares of Satellogic during the first quarter valued at about $143,000. Institutional investors own 17.58% of the company’s stock.

Insider Transactions at Satellogic

In related news, Director Liberty 77 Capital L.P. sold 10,000,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $9.77, for a total transaction of $97,700,000.00. Following the transaction, the director owned 10,000,000 shares in the company, valued at $97,700,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Alan Kharsansky sold 87,091 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $8.35, for a total value of $727,209.85. Following the transaction, the chief technology officer directly owned 47,785 shares of the company’s stock, valued at $399,004.75. The trade was a 64.57% decrease in their position. The disclosure for this sale is available in the SEC filing. 38.84% of the stock is owned by insiders.

Satellogic Company Profile

Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company’s satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.

Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.