During the last session, BigBear.ai Holdings Inc (NYSE:BBAI)’s traded shares were 10.17 million, with the beta value of the company hitting 3.23. At the end of the trading day, the stock’s price was $2.09, reflecting an intraday gain of 1.46% or $0.03. The 52-week high for the BBAI share is $4.80, that puts it down -129.67 from that peak though still a striking 44.5% gain since the share price plummeted to a 52-week low of $1.16. The company’s market capitalization is $523.73M, and the average intraday trading volume over the past 10 days was 9.23 million shares, and the average trade volume was 5.82 million shares over the past three months.
BigBear.ai Holdings Inc (NYSE:BBAI) trade information
BigBear.ai Holdings Inc (BBAI) registered a 1.46% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.46% in intraday trading to $2.09, hitting a weekly high. The stock’s 5-day price performance is 22.22%, and it has moved by 22.22% in 30 days. Based on these gigs, the overall price performance for the year is 14.21%. The short interest in BigBear.ai Holdings Inc (NYSE:BBAI) is 20.61 million shares and it means that shorts have 5.08 day(s) to cover.
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The consensus price target of analysts on Wall Street is $3, which implies an increase of 30.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, BBAI is trading at a discount of -43.54% off the target high and -43.54% off the low.
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 up 39.33% during the last six months, with a year-to-date growth rate less than the industry average at -87.50% against 12.70. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 67.86% this quarter and then jump 92.54% in the quarter after that. In the rating firms’ projections, revenue will increase 8.64% 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 54.16M as predicted by 3 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 43.06M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 40.56M and 33.12M respectively. In this case, analysts expect current quarter sales to grow by 33.53% and then jump by 30.00% in the coming quarter.
While earnings are projected to return -82.50% in 2024.
BBAI Dividends
BigBear.ai Holdings Inc is due to release its next quarterly earnings in December. 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 56.21% of total outstanding shares while institutional holders control 9.94%, with the float percentage being 22.69%. BLACKROCK INC. is the largest shareholder of the company, while 128.0 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.
