Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Bridger Aerospace Group Holdings Inc (NASDAQ: BAER) closed at $2.90 in the last session, up 7.01% from day before closing price of $2.71. In other words, the price has increased by $7.01 from its previous closing price. On the day, 1.49 million shares were traded. BAER stock price reached its highest trading level at $2.91 during the session, while it also had its lowest trading level at $2.4.
Ratios:
We take a closer look at BAER’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.32. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 3.42. In the meantime, Its Debt-to-Equity ratio is 3.08 whereas as Long-Term Debt/Eq ratio is at 3.01.
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, Canaccord Genuity on June 24, 2024, initiated with a Buy rating and assigned the stock a target price of $5.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when Muchmore James J sold 26,936 shares for $2.58 per share. The transaction valued at 69,495 led to the insider holds 844,211 shares of the business.
Muchmore James J sold 18,902 shares of BAER for $51,035 on Sep 18 ’24. The Chief Legal Officer & EVP now owns 820,417 shares after completing the transaction at $2.70 per share. On Sep 17 ’24, another insider, Muchmore James J, who serves as the Chief Legal Officer & EVP of the company, sold 4,892 shares for $2.65 each. As a result, the insider received 12,964 and left with 839,319 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, BAER now has a Market Capitalization of 157139984 and an Enterprise Value of 707234496. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87. Its current Enterprise Value per Revenue stands at 8.406 whereas that against EBITDA is 59.431.
Stock Price History:
The Beta on a monthly basis for BAER is -0.34, which has changed by -0.5108303 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, BAER has reached a high of $6.78, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is 7.40%, while the 200-Day Moving Average is calculated to be -12.21%.
Shares Statistics:
According to the various share statistics, BAER traded on average about 1.30M shares per day over the past 3-months and 7062770 shares per day over the past 10 days. A total of 53.99M shares are outstanding, with a floating share count of 13.99M. Insiders hold about 74.18% of the company’s shares, while institutions hold 6.76% stake in the company. Shares short for BAER as of 1735603200 were 685804 with a Short Ratio of 0.53, compared to 1732838400 on 670341. Therefore, it implies a Short% of Shares Outstanding of 685804 and a Short% of Float of 4.77.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for BAER’s current fiscal year. The highest revenue estimate was $92.8M, while the lowest revenue estimate was $92.8M, resulting in an average revenue estimate of $92.8M. In the same quarter a year ago, actual revenue was $66.71MBased on 1 analysts’ estimates, the company’s revenue will be $126.1M in the next fiscal year. The high estimate is $126.1M and the low estimate is $126.1M.
