Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Stock Rating Cut to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded BSIN from “Hold” to “Sell,” while analyst opinions remain mixed; the consensus rating is “Hold” with a $2.75 target price.
• Shares opened at $1.52, near their 12-month high of $1.67, but the company remains unprofitable, with a negative net margin of 156.23% and analysts expecting a full-year loss of $0.23 per share.
• Big Sky Industrial reported quarterly revenue of $2.13 million and an EPS loss of $0.04, slightly beating estimates of $2.04 million in revenue and a $0.05 loss.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Saturday, Wall Street Zen reports.

Other equities analysts also recently issued reports about the company. Zacks Research raised Big Sky Industrial Inc. Common Stock from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Big Sky Industrial Inc. Common Stock in a research report on Friday, September 25th. Finally, Johnson Rice upgraded Big Sky Industrial Inc. Common Stock from an "accumulate" rating to a "buy" rating and set a $2.00 target price on the stock in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Big Sky Industrial Inc. Common Stock currently has a consensus rating of "Hold" and a consensus target price of $2.75.

Big Sky Industrial Inc. Common Stock Trading Down 2.6%

Shares of Big Sky Industrial Inc. Common Stock stock opened at $1.52 on Friday. Big Sky Industrial Inc. Common Stock has a 12-month low of $0.66 and a 12-month high of $1.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The stock has a market cap of $79.79 million, a PE ratio of -5.43 and a beta of 0.88. The company has a 50-day moving average of $1.50 and a two-hundred day moving average of $1.17.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The energy company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The company had revenue of $2.13 million during the quarter, compared to the consensus estimate of $2.04 million. Big Sky Industrial Inc. Common Stock had a negative net margin of 156.23% and a negative return on equity of 34.42%. On average, research analysts anticipate that Big Sky Industrial Inc. Common Stock will post -0.23 EPS for the current fiscal year.

Institutional Trading of Big Sky Industrial Inc. Common Stock

Several large investors have recently modified their holdings of BSIN. United Asset Strategies Inc. raised its position in shares of Big Sky Industrial Inc. Common Stock by 20.4% during the 3rd quarter. United Asset Strategies Inc. now owns 59,015 shares of the energy company's stock worth $83,000 after purchasing an additional 10,000 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at approximately $105,000. State Street Corp purchased a new stake in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at approximately $137,000. Finally, Steamboat Capital Partners LLC purchased a new stake in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at approximately $2,763,000. 3.00% of the stock is currently owned by institutional investors and hedge funds.

Big Sky Industrial Inc. Common Stock Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions. The company was incorporated in 1966 and is headquartered in Houston, Texas.

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