In the last trading session, 2.35 million shares of the BigBear.ai Holdings Inc (NYSE:BBAI) were traded, and its beta was 3.20. Most recently the company’s share price was $1.59, and it changed around -$0.04 or -2.45% from the last close, which brings the market valuation of the company to $397.61M. BBAI currently trades at a discount to its 52-week high of $4.80, offering almost -201.89% off that amount. The share price’s 52-week low was $1.16, which indicates that the current value has risen by an impressive 27.04% since then. We note from BigBear.ai Holdings Inc’s average daily trading volume that its 10-day average is 5.93 million shares, with the 3-month average coming to 4.73 million.
BigBear.ai Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended BBAI as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. BigBear.ai Holdings Inc is expected to report earnings per share of -0.06 for the current quarter.
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BigBear.ai Holdings Inc (NYSE:BBAI) trade information
Instantly BBAI has showed a red trend with a performance of -2.45% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.7600 on recent trading dayincreased the stock’s daily price by 9.66%. The company’s shares are currently down -25.70% year-to-date, but still down -9.14% over the last five days. On the other hand, BigBear.ai Holdings Inc (NYSE:BBAI) is 1.27% up in the 30-day period. We can see from the shorts that 20.63 million shares have been sold at a short interest cover period of 6.09 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 47.0% from its current value. Analyst projections state that BBAI is forecast to be at a low of $3 and a high of $3.
BigBear.ai Holdings Inc (BBAI) estimates and forecasts
BigBear.ai Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -11.67 percent over the past six months and at a -97.50% annual growth rate that is well below the industry average of 13.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -300.00% in revenue this quarter, and will report an increase of 64.30% in the next quarter. The year-over-year growth rate is expected to be 13.10%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 46.03M in revenue for the current quarter. 5 analysts expect BigBear.ai Holdings Inc to make 54.48M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 41.74M and 40.56M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.30%. Forecasts for the next quarter put sales growth at 34.30%.
BBAI Dividends
BigBear.ai Holdings Inc’s next quarterly earnings report is expected to be released in November.
BigBear.ai Holdings Inc (NYSE:BBAI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 59.12% of BigBear.ai Holdings Inc shares, and 8.51% of them are in the hands of institutional investors. The stock currently has a share float of 20.82%. BigBear.ai Holdings Inc stock is held by 125.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 3.49% of the shares, which is about 6.54 million shares worth $9.87 million.
VANGUARD GROUP INC, with 1.664% or 3.12 million shares worth $4.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
