In the last trading session, 23.61 million BigBear.ai Holdings Inc (NYSE:BBAI) shares changed hands as the company’s beta touched 3.00. With the company’s per share price at $2.98 changed hands at -$0.26 or -8.02% during last session, the market valuation stood at $746.75M. BBAI’s last price was a discount, traded about -74.5% off its 52-week high of $5.20. The share price had its 52-week low at $1.16, which suggests the last value was 61.07% up since then. When we look at BigBear.ai Holdings Inc’s average trading volume, we note the 10-day average is 55.86 million shares, with the 3-month average coming to 29.07 million.
BigBear.ai Holdings Inc (NYSE:BBAI) trade information
Instantly BBAI was in red as seen at the end of in last trading. With action -34.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -33.03%, with the 5-day performance at -34.22% in the red. However, in the 30-day time frame, BigBear.ai Holdings Inc (NYSE:BBAI) is -4.18% down. Looking at the short shares, we see there were 16.84 million shares sold at short interest cover period of 0.55 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 0.67% from its current market value. According to analyst projections, BBAI’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -0.67% plunge from its current level, while the stock would need to soar -0.67% for it to hit the projected low.
BigBear.ai Holdings Inc (BBAI) estimates and forecasts
Data shows that the BigBear.ai Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 85.09% over the past 6 months, a -87.50% in annual growth rate that is considerably lower than the industry average of 14.80%. Year-over-year growth is forecast to reach 8.44% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 53.85M. 2 analysts are of the opinion that BigBear.ai Holdings Inc’s revenue for the current quarter will be 40.03M. The company’s revenue for the corresponding quarters a year ago was 40.56M and 33.12M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 32.76%. The estimates for the next quarter sales put growth at 20.87%.
The 2025 estimates are for BigBear.ai Holdings Inc earnings to decrease by -82.50%.
BBAI Dividends
BigBear.ai Holdings Inc is expected to release its next quarterly earnings report in February.
BigBear.ai Holdings Inc (NYSE:BBAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 27.47% of BigBear.ai Holdings Inc shares while 9.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 13.69%. There are 9.93% institutions holding the BigBear.ai Holdings Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 3.49% of the shares, roughly 6.54 million BBAI shares worth $9.87 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 1.664% or 3.12 million shares worth $4.71 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 3.1 shares estimated at $9.24 million under it, the former controlled 1.24% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.07% of the shares, roughly 2.67 shares worth around $7.96 million.
