MAXAR TECHNOLOGIES INC.

(MAXR)
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Delayed Nyse  -  04:00 2022-07-05 pm EDT
26.15 USD   -1.62%
06/30MAXAR TECHNOLOGIES BRIEF : Issues First ESG Report "Detailing Progress Toward Building a More Sustainable Future"
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06/30Maxar Issues First ESG Report Detailing Progress Toward Building a More Sustainable Future
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06/21Wells Fargo Starts Maxar Technologies at Overweight With $39 Price Target
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Maxar, Blacksky, Planet Labs Stocks Rise on Contract Awards

05/25/2022 | 09:27am EDT

By Will Feuer


Shares of Maxar Technologies Inc., Blacksky Technology Inc. and Planet Labs PBC rose in midday trading after the National Reconnaissance Office, an agency of the U.S. Department of Defense, awarded them multi-year contracts.

Shares of satellite imaging and space technology company Maxar rose more than 14% to $27.96 a share after trading resumed. Shares of Blacksky, a Philadelphia, Penn., geospatial intelligence company, jumped almost 70% to $2 a share. Planet stock rose more than 15% to $5.78 a share.

The stock moves helped the three companies slash their declines in stock price so far this year. Maxar shares are now down just 6% so far this year, while Planet stock is down 8%. Blacksky stock is down 55% over the same period.

The contracts, which Maxar said are five-year base contracts with five additional years of options through 2032, are valued at billions of dollars over the next decade, the NRO said.


Write to Will Feuer at Will.Feuer@wsj.com


(END) Dow Jones Newswires

05-25-22 1127ET

Stocks mentioned in the article
ChangeLast1st jan.
BLACKSKY TECHNOLOGY INC. 6.49% 2.46 Delayed Quote.-48.55%
MAXAR TECHNOLOGIES INC. -1.62% 26.15 Delayed Quote.-9.99%
PLANET LABS PBC 1.39% 4.39 End-of-day quote.-28.62%
All news about MAXAR TECHNOLOGIES INC.
06/30MAXAR TECHNOLOGIES BRIEF : Issues First ESG Report "Detailing Progress Toward Building a M..
MT
06/30Maxar Issues First ESG Report Detailing Progress Toward Building a More Sustainable Fut..
BU
06/21Wells Fargo Starts Maxar Technologies at Overweight With $39 Price Target
MT
06/14MAXAR TECHNOLOGIES : Closes Sale of Senior Secured Notes; Completes Amendment and Extensio..
PU
06/14MAXAR TECHNOLOGIES INC. : Entry into a Material Definitive Agreement, Creation of a Direct..
AQ
06/14Maxar Technologies Closes Sale of Senior Secured Notes; Completes Amendment and Extensi..
BU
06/14Maxar Technologies Closes Sale of Senior Secured Notes; Completes Amendment and Extensi..
CI
06/14MAXAR TECHNOLOGIES INC. : Ex-dividend day for
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06/13Maxar technologies announces pricing of $500 million senior secured notes offering, exp..
AQ
06/10MAXAR TECHNOLOGIES : Announces Pricing of $500 Million Senior Secured Notes Offering; Expe..
PU
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Financials (USD)
Sales 2022 1 817 M - -
Net income 2022 37,7 M - -
Net Debt 2022 1 982 M - -
P/E ratio 2022 52,4x
Yield 2022 0,12%
Capitalization 1 959 M 1 959 M -
EV / Sales 2022 2,17x
EV / Sales 2023 1,85x
Nbr of Employees 4 400
Free-Float 96,8%
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 26,15 $
Average target price 42,08 $
Spread / Average Target 60,9%
EPS Revisions
Managers and Directors
Daniel L. Jablonsky President, Chief Executive Officer & Director
Biggs C. Porter Chief Financial Officer & Executive Vice President
Howell M. Estes Independent Director
Walter S. Scott Chief Technology Officer & Executive VP
Jeff Robertson Chief Internal Operations & Risk Officer, SVP