Satellogic and Quant Data & Analytics have joined forces in an exciting strategic collaboration set to span three years, commencing on August 21, 2023. While the precise details of this agreement remain confidential, it is poised to revolutionize the property tech industry by harnessing the power of Satellogic’s cutting-edge high-resolution satellite imagery.
Satellogic, renowned for its exceptional sub-meter resolution Earth Observation (“EO”) data collection capabilities, is at the forefront of the industry. Their recent disclosure of their full year 2022 financial results and business update has only solidified their position as a leader in the field.
Undoubtedly, one of the key factors that will shape Satellogic’s future performance is their ability to transform their internal data analytics platform into a marketable product. This innovative approach has the potential to redefine the boundaries of what is possible in the realm of Earth Observation data analysis.
Updated on: 25/09/2023
Debt to equity ratio: Sell
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Sell
DCF: Strong Buy
9:00 PM (UTC)
Date:21 September, 2023
|Analyst / firm||Rating|
SATL Stock Shows Positive Performance with Stable Opening and Moderate Volatility | Impressive Earnings and Revenue Growth in the Aerospace & Defense Industry
SATL stock had a positive performance on August 21, 2023. The stock opened at the same price as the previous close, indicating stability in the market. Throughout the day, the stock fluctuated between a low of $1.61 and a high of $1.70, demonstrating moderate volatility. The trading volume was 44,918 shares, slightly lower than the average volume of 54,233 shares over the past three months.
SATL, a company in the Electronic Technology sector, specifically in the Aerospace & Defense industry, has been experiencing substantial growth in recent years. In the last year, its earnings grew by an impressive 98.11%. This year, the company continued its positive trajectory with a growth rate of 42.42%. However, there is no data available regarding the earnings growth for the next five years.
The revenue growth for SATL in the previous year was 41.56%, indicating a healthy expansion of the company’s operations. With a price-to-sales ratio of 42.20, SATL seems to be valued relatively high compared to its revenue. Unfortunately, there is no information available regarding the price-to-book ratio or the market cap of the company.
Despite the lack of specific information about SATL’s competitors, the positive earnings and revenue growth suggest that the company is performing well within its industry. The absence of executives to display may indicate a smaller organization or a lack of publicly available information.
SATL’s corporate headquarters are not disclosed, further adding to the mystery surrounding the company. However, the financial data provided by CNN Money indicates that SATL has generated $6.0 million in annual revenue in the previous year. Unfortunately, the company reported a net loss of -$36.6 million, resulting in a net profit margin of -609.46%. This negative margin suggests that SATL has been facing financial challenges and needs to improve its profitability.
Looking ahead, there is no information available about the next reporting date or the EPS forecast for the current quarter. Investors will need to closely monitor SATL’s performance and any future announcements to gain a better understanding of the company’s prospects.
In conclusion, SATL stock showed positive performance on August 21, 2023, with stable opening and moderate volatility throughout the day. The company has experienced impressive earnings and revenue growth in recent years, indicating its potential within the Aerospace & Defense industry. However, the negative net profit margin highlights the need for SATL to improve its profitability. Investors should stay informed about any future updates from SATL to make informed investment decisions.
Satellogic Inc Stock Performance and Analyst Ratings: Potential 194.12% Increase but Consensus Sell Rating
On August 21, 2023, Satellogic Inc’s stock performance was closely watched by investors. According to data from CNN Money, the 1 analyst offering a 12-month price forecast for the company had a median target of $5.00, with both the high and low estimates also at $5.00. This indicates a potential increase of 194.12% from the last recorded price of $1.70.
The consensus among the 1 polled investment analyst was to sell stock in Satellogic Inc. This rating has remained unchanged since May, when it was downgraded from a buy rating.
Unfortunately, specific information regarding the current quarter’s earnings per share and sales for Satellogic Inc was not available at the time of writing. The reporting date for these figures was listed as “TBD” (to be determined).
Investors and market participants should closely monitor the performance and developments of Satellogic Inc in the coming months. The median target price of $5.00 suggests that analysts are optimistic about the company’s future prospects, anticipating a significant increase in its stock value. However, the consensus sell rating indicates a cautious sentiment among analysts, possibly due to concerns or uncertainties surrounding the company.
It is important for investors to conduct thorough research, consider various factors, and consult with a financial advisor before making any investment decisions. Market conditions, industry trends, and company-specific factors should all be taken into account to make informed investment choices.