BigBear.ai Holdings Inc (NYSE:BBAI) concluded the trading at $7.87 on Wednesday, February 19 with a fall of -6.53% from its closing price on previous day.
Considering stock’s 52-week price range provides that BBAI hit a high price of $10.36 and saw its price falling to a low level of $1.16 during that period. Over a period of past 1-month, stock came adding 100.77% in its value.
With its current market valuation of $1.98 billion, BigBear.ai Holdings Inc is set to declare its quarterly results in March. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 54.62M. They suggested that in the process company could generate revenue of as low as 52.94M which could climb up to 55.98M to hit a high. The average estimate is representing an increase of 34.65% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 169.02M in current fiscal year, which will be 8.93% more from revenue generated by the company last year.
In contrast, when we review BBAI stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the BBAI stock which is currently positioned at 0. It further provides that stock’s current price level is 25.59% away from its 20-day simple moving average and is 69.41% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 60.73 while volatility remained at 16.51% over the past week which changes to 16.62% when measuring it over the past month. Beta is valued at 2.97, while measure of average true range or ATR is currently at 1.07. In predicting price targets of as low as $3 and as high as $3, analysts are in agreement on assigning the stock over the next 12 months average price target of $3. Stock’s current price level is 61.88% above from estimated low price target while it is 61.88% below the estimated high; and even if the BBAI’s share succeeded to reach the median price of $3, then the outlook of 61.88% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 31.07% while it is 16.44% for the institutional holders. Addition of 76.85% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
