BurgerFi International Inc (NASDAQ: BFI): How Much Is It Worth And What Should Investors Do?

During the last session, BurgerFi International Inc (NASDAQ:BFI)’s traded shares were 1.83 million, with the beta value of the company hitting 0.51. At the end of the trading day, the stock’s price was $0.16, reflecting an intraday loss of -8.68% or -$0.02. The 52-week high for the BFI share is $1.61, that puts it down -906.25 from that peak though still a striking 18.75% gain since the share price plummeted to a 52-week low of $0.13. The company’s market capitalization is $4.41M, and the average intraday trading volume over the past 10 days was 1.37 million shares, and the average trade volume was 7.58 million shares over the past three months.

BurgerFi International Inc (BFI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BFI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.18.

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BurgerFi International Inc (NASDAQ:BFI) trade information

BurgerFi International Inc (BFI) registered a -8.68% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.68% in intraday trading to $0.16, hitting a weekly high. The stock’s 5-day price performance is -28.25%, and it has moved by -71.50% in 30 days. Based on these gigs, the overall price performance for the year is -88.97%. The short interest in BurgerFi International Inc (NASDAQ:BFI) is 1.14 million shares and it means that shorts have 0.06 day(s) to cover.

BurgerFi International Inc (BFI) estimates and forecasts

Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 53.80% this quarter and then jump 29.20% in the quarter after that. In the rating firms’ projections, revenue will decrease -2.10% 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 42.3M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 39.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 43.43M and 39.48M respectively. In this case, analysts expect current quarter sales to shrink by -2.60% and then jump by 0.10% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -48.36%. While earnings are projected to return -288.33% in 2024.

BFI Dividends

BurgerFi International 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.

BurgerFi International Inc (NASDAQ:BFI)’s Major holders

BurgerFi International Inc insiders own 43.87% of total outstanding shares while institutional holders control 19.72%, with the float percentage being 35.14%. LION POINT CAPITAL, LP is the largest shareholder of the company, while 29.0 institutions own stock in it. As of 2024-06-30, the company held over 2.75 million shares (or 10.162% of all shares), a total value of $0.56 million in shares.

The next largest institutional holding, with 1.4 million shares, is of CATTERTON MANAGEMENT COMPANY, L.L.C.’s that is approximately 5.1952% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.28 million.

Also, the Mutual Funds coming in first place with the largest holdings of BurgerFi International Inc (BFI) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 310.54 shares. This amounts to just over 1.13 percent of the company’s overall shares, with a $49997.0 market value. The same data shows that the other fund manager holds slightly less at 167.86, or about 0.61% of the stock, which is worth about $27025.0.