Now Is The Time To Build A Position In BurgerFi International Inc (NASDAQ:BFI)

In the last trading session, 1.23 million BurgerFi International Inc (NASDAQ:BFI) shares changed hands as the company’s beta touched 0.43. With the company’s per share price at $0.19 changed hands at $0.02 or 13.88% during last session, the market valuation stood at $5.15M. BFI’s last price was a discount, traded about -721.05% off its 52-week high of $1.56. The share price had its 52-week low at $0.13, which suggests the last value was 31.58% up since then. When we look at BurgerFi International Inc’s average trading volume, we note the 10-day average is 2.34 million shares, with the 3-month average coming to 7.93 million.

Analysts gave the BurgerFi International Inc (BFI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BFI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. BurgerFi International Inc’s EPS for the current quarter is expected to be -0.18.

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BurgerFi International Inc (NASDAQ:BFI) trade information

Instantly BFI was in green as seen at the end of in last trading. With action 21.85%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -78.15%, with the 5-day performance at 21.85% in the green. However, in the 30-day time frame, BurgerFi International Inc (NASDAQ:BFI) is -43.13% down. Looking at the short shares, we see there were 1.14 million shares sold at short interest cover period of 0.06 days.

BurgerFi International Inc (BFI) estimates and forecasts

Year-over-year growth is forecast to reach -2.10% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 42.3M. 1 analysts are of the opinion that BurgerFi International Inc’s revenue for the current quarter will be 39.5M. The company’s revenue for the corresponding quarters a year ago was 43.43M and 39.48M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.60%. The estimates for the next quarter sales put growth at 0.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -48.36%. The 2024 estimates are for BurgerFi International Inc earnings to decrease by -288.33%.

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

If we look at who the major shareholders are, we find that insiders hold 43.87% of BurgerFi International Inc shares while 19.72% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 35.14%. There are 19.72% institutions holding the BurgerFi International Inc stock share, with LION POINT CAPITAL, LP the top institutional holder. As of 2024-06-30, the company held 10.162% of the shares, roughly 2.75 million BFI shares worth $0.56 million.

CATTERTON MANAGEMENT COMPANY, L.L.C. holds the second largest percentage of outstanding shares, with 5.1952% or 1.4 million shares worth $0.28 million as of 2024-06-30.