BigBear.ai Holdings Inc (NYSE:BBAI) traded at $1.78 at last check on current trade day and made a downward move of -6.81% on its previous day’s price.
Looking at the stock we see that its previous close was $1.91 and the beta (5Y monthly) reads 3.203 with the day’s price range being $1.71 – $1.894. In terms of its 52-week price range, BBAI has a high of $4.80 and a low of $1.16. The company’s stock has gained about 12.66% over that past 30 days.
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BigBear.ai Holdings Inc has a market cap of $445.12 million and is expected to release its quarterly earnings report on 2024-Aug-01. Estimates by analysts give the company expected earnings per share (EPS) of -0.07, with the EPS growth for the year raised at -0.76 for current year and -0.76 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 45.04M, with a low of 44.18M and a high of 45.9M. The median projection represents growth squeezing down to 7.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 171.78M, or 10.70% up from figures reported last year.
On the other hand, looking at the outlook for the BBAI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.
Looking further, we note the current price level is 14.43% off its SMA20 and 19.53% from its 50-day simple moving average. The RSI (14) is pointing at 62.21 while the volatility over the past week is 6.85% and jumps to 5.44% over the past one month. The beta value is 3.22, while the average true range (ATR) is currently pointing at 0.11. The average price target for the stock over the next 12 months is $3, with the estimates having a low of $3 and a high of $3. These price ends are -68.54% and -68.54% off the today’s price level respectively, although investors could be excited at the prospect of a -68.54% if the BBAI share price touches on the median price of $3.
Coming back to BigBear.ai Holdings Inc (NYSE:BBAI), we note that the average 3-month trading volume was 4.55 million, while that of the preceding 10-day period stands at 4.17 million. Current shares outstanding are 157.29 million.
The insiders hold 60.77% of the company’s shares while institutions hold 8.58%. The data shows that short shares as of 2024-09-30, stood at 21.23 million at a short ratio of 9.34. This represents a 2029.00 short interest in shares outstanding on 2024-09-30. Shares short fall in September from the previous month at 23.04 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -16.82% down in year-to-date price movement.
