Daily Market Movement: BigBear.ai Holdings Inc (BBAI) Sees a -3.38 Decrease, Closing at 1.43

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The closing price of BigBear.ai Holdings Inc (NYSE: BBAI) was $1.43 for the day, down -3.38% from the previous closing price of $1.48. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 2.29 million shares were traded. BBAI stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.4.

Ratios:

Our analysis of BBAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.90.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 03 ’24 when Braden Pamela Joyce bought 140,939 shares for $1.49 per share. The transaction valued at 209,999 led to the insider holds 446,396 shares of the business.

Ricker Sean Raymond sold 36,250 shares of BBAI for $75,038 on Mar 27 ’24. The Chief Accounting Officer now owns 99,428 shares after completing the transaction at $2.07 per share. On Mar 20 ’24, another insider, Ricker Sean Raymond, who serves as the Chief Accounting Officer of the company, sold 5,000 shares for $2.16 each. As a result, the insider received 10,800 and left with 156,830 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 351888672 and an Enterprise Value of 478211776. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 3.272 whereas that against EBITDA is -17.734.

Stock Price History:

The Beta on a monthly basis for BBAI is 3.23, which has changed by -0.31578946 over the last 52 weeks, in comparison to a change of 0.26253593 over the same period for the S&P500. 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 -4.48%, while the 200-Day Moving Average is calculated to be -19.33%.

Shares Statistics:

BBAI traded an average of 4.25M shares per day over the past three months and 3129540 shares per day over the past ten days. A total of 157.29M shares are outstanding, with a floating share count of 97.06M. Insiders hold about 60.56% of the company’s shares, while institutions hold 6.48% stake in the company. Shares short for BBAI as of 1718323200 were 17402830 with a Short Ratio of 4.10, compared to 1715731200 on 16082218. Therefore, it implies a Short% of Shares Outstanding of 17402830 and a Short% of Float of 17.29.

Earnings Estimates

The performance of BigBear.ai Holdings Inc (BBAI) in the stock market is under the watchful eye of 4.0 analysts actively contributing to its current rating.On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.08, while EPS last year was -$0.12. 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 -$0.7 and -$0.88 for the fiscal current year, implying an average EPS of -$0.81. EPS for the following year is -$0.19, with 3.0 analysts recommending between -$0.12 and -$0.24.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $50M to a low estimate of $42.3M. As of the current estimate, BigBear.ai Holdings Inc’s year-ago sales were $38.46MFor the next quarter, 5 analysts are estimating revenue of $53.83M. There is a high estimate of $56.1M for the next quarter, whereas the lowest estimate is $50M.

A total of 5 analysts have provided revenue estimates for BBAI’s current fiscal year. The highest revenue estimate was $200.3M, while the lowest revenue estimate was $190M, resulting in an average revenue estimate of $197.21M. In the same quarter a year ago, actual revenue was $155.16MBased on 4 analysts’ estimates, the company’s revenue will be $223.48M in the next fiscal year. The high estimate is $230.59M and the low estimate is $220M.

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