After finishing at $2.15 in the prior trading day, BigBear.ai Holdings Inc (NYSE: BBAI) closed at $2.05, down -4.65%. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 6556198 shares were traded.
Ratios:
Our goal is to gain a better understanding of BBAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on January 09, 2024, initiated with a Overweight rating and assigned the stock a target price of $3.
On October 02, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $2.
On August 29, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $4.H.C. Wainwright initiated its Buy rating on August 29, 2023, with a $4 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 27 ’24 when Ricker Sean Raymond sold 36,250 shares for $2.07 per share. The transaction valued at 75,038 led to the insider holds 99,428 shares of the business.
Ricker Sean Raymond sold 5,000 shares of BBAI for $10,800 on Mar 20 ’24. The Chief Accounting Officer now owns 156,830 shares after completing the transaction at $2.16 per share. On Mar 15 ’24, another insider, BBAI Ultimate Holdings, LLC, who serves as the Director of the company, sold 2,461,867 shares for $2.47 each. As a result, the insider received 6,080,811 and left with 141,966,365 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BBAI now has a Market Capitalization of 497.39M and an Enterprise Value of 665.42M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08. Its current Enterprise Value per Revenue stands at 4.29 whereas that against EBITDA is -17.44.
Stock Price History:
Over the past 52 weeks, BBAI has reached a high of $4.80, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 2.2656, while the 200-Day Moving Average is calculated to be 1.8878.
Shares Statistics:
The stock has traded on average 11.89M shares per day over the past 3-months and 12.95M shares per day over the last 10 days, according to various share statistics. A total of 157.29M shares are outstanding, with a floating share count of 51.22M. Insiders hold about 67.52% of the company’s shares, while institutions hold 7.58% stake in the company. Shares short for BBAI as of Mar 15, 2024 were 14.16M with a Short Ratio of 1.19, compared to 9.8M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.84% and a Short% of Float of 10.39%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.07, while EPS last year was -$0.19. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.05 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.2 and -$0.25 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.17, with 3 analysts recommending between -$0.1 and -$0.24.
Revenue Estimates
5 analysts predict $43.74M in revenue for the current quarter. It ranges from a high estimate of $46.37M to a low estimate of $40.39M. As of the current estimate, BigBear.ai Holdings Inc’s year-ago sales were $42.15M, an estimated increase of 3.80% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $50.95M, an increase of 32.50% over than the figure of $3.80% in the same quarter last year. There is a high estimate of $53.84M for the next quarter, whereas the lowest estimate is $46.92M.
A total of 5 analysts have provided revenue estimates for BBAI’s current fiscal year. The highest revenue estimate was $205.05M, while the lowest revenue estimate was $198.81M, resulting in an average revenue estimate of $202.77M. In the same quarter a year ago, actual revenue was $155.16M, up 30.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $228.32M in the next fiscal year. The high estimate is $230.64M and the low estimate is $225M. The average revenue growth estimate for next year is up 12.60% from the average revenue estimate for this year.
