HawkEye 360 (NYSE:HAWK) Announces Quarterly Earnings Results, Misses Estimates By $0.40 EPS

HawkEye 360 (NYSE:HAWK) posted its quarterly earnings results on Monday. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.40), Zacks reports.

HawkEye 360 Stock Performance

HAWK stock opened at $22.85 on Monday. HawkEye 360 has a twelve month low of $22.25 and a twelve month high of $35.73. The company has a market capitalization of $2.13 billion, a PE ratio of -11.46 and a beta of 0.72.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They issued a “buy” rating and a $42.00 target price for the company. Robert W. Baird assumed coverage on HawkEye 360 in a report on Monday, June 1st. They issued an “outperform” rating and a $41.00 price target on the stock. Bank of America assumed coverage on HawkEye 360 in a report on Monday, June 1st. They set a “neutral” rating and a $34.00 price objective for the company. Wall Street Zen upgraded HawkEye 360 from a “strong sell” rating to a “sell” rating in a report on Monday. Finally, Raymond James Financial started coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They set a “strong-buy” rating and a $40.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, HawkEye 360 currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.25.

Insiders Place Their Bets

In other news, Director Francis Alphonse Finelli acquired 9,615 shares of the business’s stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $26.00 per share, with a total value of $249,990.00. Following the acquisition, the director directly owned 9,615 shares of the company’s stock, valued at $249,990. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.80% of the company’s stock.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.