In the last trading session, 9.12 million BigBear.ai Holdings Inc (NYSE:BBAI) shares changed hands as the company’s beta touched 3.37. With the company’s per share price at $2.00 changed hands at -$0.07 or -3.38% during last session, the market valuation stood at $315.20M. BBAI’s last price was a discount, traded about -140.0% off its 52-week high of $4.80. The share price had its 52-week low at $1.16, which suggests the last value was 42.0% up since then. When we look at BigBear.ai Holdings Inc’s average trading volume, we note the 10-day average is 21.83 million shares, with the 3-month average coming to 11.53 million.
BigBear.ai Holdings Inc (NYSE:BBAI) trade information
Instantly BBAI was in red as seen at the end of in last trading. With action -18.03%, the performance over the past five days has been red. The drop to weekly highs of 2.49 subtracted -3.38% to the stock’s daily price. The company’s shares are showing year-to-date downside of -6.54%, with the 5-day performance at -18.03% in the red. However, in the 30-day time frame, BigBear.ai Holdings Inc (NYSE:BBAI) is -2.91% down. Looking at the short shares, we see there were 11.67 million shares sold at short interest cover period of 1.5 days.
BigBear.ai Holdings Inc (BBAI) estimates and forecasts
Data shows that the BigBear.ai Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 35.14% over the past 6 months, a 47.50% in annual growth rate that is considerably higher than the industry average of 5.80%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for BigBear.ai Holdings Inc will rise 68.40%, while the growth in revenue is estimated to hit 50.00% for the next quarter. Year-over-year growth is forecast to reach 30.70% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of $43.74 million. 5 analysts are of the opinion that BigBear.ai Holdings Inc’s revenue for the quarter ending Jun 2024 will be $50.95 million. The company’s revenue for the corresponding quarters a year ago was $42.15 million and $38.46 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.80%. The estimates for the next quarter sales put growth at 32.50%.
The 2024 estimates are for BigBear.ai Holdings Inc earnings to increase by 50.62%.
BBAI Dividends
BigBear.ai Holdings Inc is expected to release its next quarterly earnings report between May 08 and May 12.
BigBear.ai Holdings Inc (NYSE:BBAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 59.65% of BigBear.ai Holdings Inc shares while 4.89% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 12.13%. There are 4.89% institutions holding the BigBear.ai Holdings Inc stock share, with Blackrock Inc. the top institutional holder. As of Dec 30, 2023, the company held 1.14% of the shares, roughly 2.77 million BBAI shares worth $5.53 million.
Vanguard Group Inc holds the second largest percentage of outstanding shares, with 0.78% or 1.89 million shares worth $3.79 million as of Dec 30, 2023.
Among Mutual Funds, the top two as of Dec 30, 2023 were Vanguard Extended Market Index Fund and iShares Russell 2000 ETF. With 0.85 million shares estimated at $1.69 million under it, the former controlled 0.35% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 0.31% of the shares, roughly 0.76 million shares worth around $1.52 million.
