York Space Systems (NYSE:YSS – Free Report) had its target price trimmed by Citigroup from $13.00 to $10.00 in a report published on Tuesday,Benzinga reports. They currently have a buy rating on the stock.
YSS has been the topic of several other research reports. Guggenheim began coverage on shares of York Space Systems in a research note on Monday, September 14th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. lowered shares of York Space Systems from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $38.00 to $17.00 in a research note on Monday, August 17th. Jefferies Financial Group decreased their target price on shares of York Space Systems from $32.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, August 17th. The Goldman Sachs Group set a $14.00 price target on shares of York Space Systems in a report on Tuesday, August 25th. Finally, Canaccord Genuity Group downgraded shares of York Space Systems from a “buy” rating to a “hold” rating and dropped their price target for the stock from $36.00 to $13.50 in a research note on Monday, August 17th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, York Space Systems currently has a consensus rating of “Hold” and a consensus price target of $16.12.
Read Our Latest Analysis on York Space Systems
York Space Systems Stock Down 9.2%
Shares of York Space Systems stock opened at $6.57 on Tuesday. York Space Systems has a 1 year low of $5.26 and a 1 year high of $44.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.34 and a quick ratio of 5.05. The stock has a 50-day moving average price of $7.46 and a 200 day moving average price of $19.56.
York Space Systems (NYSE:YSS – Get Free Report) last released its earnings results on Thursday, November 12th. The company reported ($5.99) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($5.76). The business had revenue of $84.17 million during the quarter. On average, research analysts expect that York Space Systems will post -1.75 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. lifted its stake 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 last quarter. Tidal Investments LLC bought a new stake in York Space Systems in the second quarter worth $45,381,000. 71 West Capital Partners acquired a new position in York Space Systems during the third quarter worth $44,764,000. State Street Corp increased its position in York Space Systems by 64.0% during the third 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 last quarter. Finally, Voya Investment Management LLC increased its position 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 worth $14,117,000 after buying an additional 13,706 shares during the last quarter.
Trending Headlines about York Space Systems
Here are a few of the latest headlines about YSS:
- Positive Sentiment: York Space Systems agreed to acquire Australian unmanned-ground-vehicle developer Outlook Industries, extending its business into unmanned systems. The deal could broaden the company’s capabilities and markets; the announcement did not provide financial terms. York Space Systems to Acquire Outlook Industries
- Negative Sentiment: Third-quarter revenue was $84.2 million, short of FactSet’s $90 million estimate. York reported a $5.99-per-share loss versus the $0.23 loss analysts expected; a $749.7 million goodwill write-off drove the unusually large EPS miss, though the revenue shortfall is a separate concern. York Space Systems Q3 2026: Goodwill Write-Off and EPS Miss
- Negative Sentiment: Analysts have lowered their fair-value estimates and price targets, while Citigroup issued a pessimistic forecast—adding to concerns around the results and outlook. York Space Systems Stock Sees Fair Value Moves Lower
About York Space Systems
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.
Further Reading
- Five stocks we like better than York Space Systems
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for York Space Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for York Space Systems and related companies with MarketBeat.com's FREE daily email newsletter.
