BigBear.ai Holdings Inc (NYSE: BBAI) Fall -51.34% In Six Months, Here’s What We Should Expect Now

During the recent session, BigBear.ai Holdings Inc (NYSE:BBAI)’s traded shares were 1.06 million, with the beta value of the company hitting 3.23. At the last check today, the stock’s price was $1.63, reflecting an intraday gain of 4.14% or $0.06. The 52-week high for the BBAI share is $4.80, that puts it down -194.48 from that peak though still a striking 28.83% gain since the share price plummeted to a 52-week low of $1.16. The company’s market capitalization is $408.86M, and the average intraday trading volume over the past 10 days was 13.08 million shares, and the average trade volume was 4.78 million shares over the past three months.

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

BigBear.ai Holdings Inc (BBAI) registered a 4.14% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.14% in intraday trading to $1.63, hitting a weekly high. The stock’s 5-day price performance is 0.93%, and it has moved by 8.28% in 30 days. Based on these gigs, the overall price performance for the year is 1.55%. The short interest in BigBear.ai Holdings Inc (NYSE:BBAI) is 21.06 million shares and it means that shorts have 6.76 day(s) to cover.

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BigBear.ai Holdings Inc (BBAI) estimates and forecasts

Statistics show that BigBear.ai Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. BigBear.ai Holdings Inc (BBAI) shares have gone down -51.34% during the last six months, with a year-to-date growth rate less than the industry average at -97.50% against 12.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -333.30% this quarter and then jump 57.10% in the quarter after that. In the rating firms’ projections, revenue will increase 10.70% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 45.04M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 53.85M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 41.74M and 40.56M respectively. In this case, analysts expect current quarter sales to grow by 7.90% and then jump by 32.80% in the coming quarter.

While earnings are projected to return -90.83% in 2024.

BBAI Dividends

BigBear.ai Holdings Inc is due to release its next quarterly earnings in September. 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 59.42% of total outstanding shares while institutional holders control 8.50%, with the float percentage being 20.95%. BLACKROCK INC. is the largest shareholder of the company, while 123.0 institutions own stock in it. As of 2024-06-30, the company held over 6.54 million shares (or 3.49% of all shares), a total value of $9.87 million in shares.

The next largest institutional holding, with 3.12 million shares, is of VANGUARD GROUP INC’s that is approximately 1.664% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.71 million.

Also, the Mutual Funds coming in first place with the largest holdings of BigBear.ai Holdings Inc (BBAI) shares are iShares Russell 2000 ETF and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that iShares Russell 2000 ETF owns about 1.23 shares. This amounts to just over 0.49 percent of the company’s overall shares, with a $2.02 million market value. The same data shows that the other fund manager holds slightly less at 839.53, or about 0.34% of the stock, which is worth about $1.38 million.