York Space Systems Inc. (NYSE:YSS – Get Free Report) shares reached a new 52-week low during mid-day trading on Friday following a dissappointing earnings announcement. The company traded as low as $5.13 and last traded at $5.3480, with a volume of 701,030 shares trading hands. The stock had previously closed at $6.60.
The company reported ($5.99) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($5.76). The firm had revenue of $84.17 million during the quarter.
Key Stories Impacting York Space Systems
Investors following YSS have been watching these stories:
- Neutral Sentiment: York plans to acquire Outlook Industries, expanding into unmanned systems. The deal could broaden its capabilities, though the available reports do not detail its expected financial contribution. York Space Systems to Acquire Outlook Industries, Expanding Into Unmanned Systems
- Neutral Sentiment: Needham cut its price target to $10 from $18 but maintained a Buy rating. Piper Sandler lowered its target to $7 from $8 and kept a Neutral rating, signaling reduced expectations despite some potential upside from the cited share price. Needham analyst rating Piper Sandler analyst rating
- Negative Sentiment: Third-quarter revenue was $84.2 million, below the roughly $90 million FactSet estimate. York reported a $5.99-per-share loss, far wider than the $0.23 loss analysts expected; a reported $749.7 million goodwill write-off helps explain the unusually large EPS miss. York Space Systems Q3 2026 earnings and goodwill write-off
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered shares of York Space Systems from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $38.00 to $17.00 in a research note on Monday, August 17th. Raymond James Financial lowered shares of York Space Systems from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. Piper Sandler dropped their target price on York Space Systems from $8.00 to $7.00 and set a “neutral” rating on the stock in a report on Friday. Jefferies Financial Group cut their target price on York Space Systems from $32.00 to $15.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Finally, Truist Financial decreased their price target on York Space Systems from $26.00 to $14.00 and set a “hold” rating for the company in a research note on Thursday, August 20th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $15.42.
Check Out Our Latest Stock Analysis on YSS
Institutional Investors Weigh In On York Space Systems
A number of institutional investors and hedge funds have recently modified their holdings of YSS. BlackRock Inc. boosted its position in shares of York Space Systems by 1.1% in the 2nd quarter. BlackRock Inc. now owns 19,212,689 shares of the company’s stock valued at $473,016,000 after purchasing an additional 200,250 shares during the period. 71 West Capital Partners purchased a new position in York Space Systems in the 3rd quarter worth about $44,764,000. State Street Corp raised its holdings in York Space Systems by 64.0% during the 3rd quarter. State Street Corp now owns 4,702,355 shares of the company’s stock worth $40,675,000 after buying an additional 1,834,479 shares during the period. Tidal Investments LLC acquired a new stake in York Space Systems during the 2nd quarter worth about $45,381,000. Finally, Voya Investment Management LLC lifted its stake in York Space Systems by 0.8% during the third quarter. Voya Investment Management LLC now owns 1,632,024 shares of the company’s stock valued at $14,117,000 after buying an additional 13,706 shares in the last quarter.
York Space Systems Stock Down 16.2%
The company has a quick ratio of 5.05, a current ratio of 5.34 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $759.74 million and a PE ratio of -9.37. The business’s 50 day simple moving average is $7.46 and its 200 day simple moving average is $19.56.
York Space Systems Company Profile
York Space Systems designs, manufactures and operates spacecraft and related systems. Its offerings include satellite platforms, spacecraft integration, mission operations and ground-system services for customers developing and operating satellite missions. The company’s product portfolio includes standardized spacecraft platforms designed to support a range of payloads and mission requirements. York serves government and commercial customers, including organizations involved in national security, civil space and communications missions.
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