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BigBear.ai Holdings Inc. (NYSE: BBAI) Has Been Rising 256.24% Year-To-Date. Troubles Yet To Come?

During the last session, BigBear.ai Holdings Inc. (NYSE:BBAI)’s traded shares were 5.36 million. At the end of the trading day, the stock’s price was $2.40, reflecting an intraday loss of -1.64% or -$0.04. The 52-week high for the BBAI share is $7.99, that puts it down -232.92 from that peak though still a striking 75.83% gain since the share price plummeted to a 52-week low of $0.58. The company’s market capitalization is $375.53M, and the average intraday trading volume over the past 10 days was 6.84 million shares, and the average trade volume was 8.98 million shares over the past three months.

BigBear.ai Holdings Inc. (NYSE:BBAI) trade information

The stock plummet -1.64% in intraday trading to $2.40 this Wednesday, 05/24/23, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by -0.83% in 30 days. Based on these gigs, the overall price performance for the year is -76.28%. The short interest in BigBear.ai Holdings Inc. (NYSE:BBAI) is 3.07 million shares and it means that shorts have 0.23 day(s) to cover.

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BigBear.ai Holdings Inc. (BBAI) estimates and forecasts

Statistics show that BigBear.ai Holdings Inc. has outperformed its competitors in share price, compared to the industry in which it operates. BigBear.ai Holdings Inc. (BBAI) shares have gone up 140.00% during the last six months, with a year-to-date growth rate more than the industry average at 62.11% against 9.10. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to grow 86.70% this quarter and then jump 53.80% in the quarter after that. In the rating firms’ projections, revenue will increase 6.60% compared to the previous financial year.

Revenue for the current quarter is expected to be $39.31 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $41.75 million by the end of Sep 2023. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $37.61 million and $39.91 million respectively. In this case, analysts expect current quarter sales to grow by 4.50% and then jump by 4.60% in the coming quarter.

While earnings are projected to return 17.50% in 2023.

BBAI Dividends

BigBear.ai Holdings Inc. is due to release its next quarterly earnings on May 09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

BigBear.ai Holdings Inc. (NYSE:BBAI)’s Major holders

BigBear.ai Holdings Inc. insiders own 87.75% of total outstanding shares while institutional holders control 2.17%, with the float percentage being 17.72%. Bank of America Corporation is the largest shareholder of the company, while 22 institutions own stock in it. As of Mar 30, 2023, the company held over 2.21 million shares (or 1.55% of all shares), a total value of $5.39 million in shares.

The next largest institutional holding, with 0.69 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 0.48% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $1.68 million.

Data provided on Mar 30, 2023 indicates that Goldman Sachs ETF Tr-Goldman Sachs Innovate Equity ETF owns about 47361.0 shares. This amounts to just over 0.03 percent of the company’s overall shares, with a $0.12 million market value.

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