Views of Wall Street’s Leading Experts on BigBear.ai Holdings Inc.

BigBear.ai Holdings Inc. (NYSE: BBAI) stock fell -1.03% on Monday to $1.93 against a previous-day closing price of $1.95. With 0.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.23 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $1.9900 whereas the lowest price it dropped to was $1.8600. The 52-week range on BBAI shows that it touched its highest point at $16.12 and its lowest point at $0.58 during that stretch. It currently has a 1-year price target of $5.00.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BBAI was down-trending over the past week, with a drop of -19.25%, but this was up by 158.16% over a month. Three-month performance surged to 64.96% while six-month performance fell -29.04%. The stock lost -63.38% in the past year, while it has gained 186.48% so far this year. A look at the trailing 12-month EPS for BBAI yields -1.60 with Next year EPS estimates of -0.35. For the next quarter, that number is -0.10. This implies an EPS growth rate of 29.60% for this year and 56.80% for next year.

Float and Shares Shorts:

At present, 126.27 million BBAI shares are outstanding with a float of 4.27 million shares on hand for trading. On Oct 13, 2022, short shares totaled 0.55 million, which was 0.43% higher than short shares on Sep 14, 2022. In addition to Mr. Joshua Kinley as the firm’s Chief Corp. Devel. Officer, Mr. Amanda Long serves as its CEO & Director.


Institutional Ownership:

Through their ownership of 3.77% of BBAI’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 94.10% of BBAI, in contrast to 1.26% held by mutual funds. Shares owned by individuals account for 0.44%. As the largest shareholder in BBAI with 1.13% of the stake, Lynrock Lake LP holds 1,425,519 shares worth 1,425,519. A second-largest stockholder of BBAI, Purpose Investments, Inc., holds 270,127 shares, controlling over 0.21% of the firm’s shares. Susquehanna Financial Group LLLP is the third largest shareholder in BBAI, holding 94,285 shares or 0.08% stake. With a 0.21% stake in BBAI, the Black Diamond Distressed Opportun is the largest stakeholder. A total of 270,127 shares are owned by the mutual fund manager. The Lumyna Funds – PSAM Global Event, which owns about 0.15% of BBAI stock, is the second-largest Mutual Fund holder. It holds 186,771 shares valued at 0.13 million. Marshall Wace UCITS Funds Plc – M holds 0.05% of the stake in BBAI, owning 67,287 shares worth 45351.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBAI since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BBAI analysts setting a high price target of $5.00 and a low target of $5.00, the average target price over the next 12 months is $5.00. Based on these targets, BBAI could surge 159.07% to reach the target high and rise by 159.07% to reach the target low. Reaching the average price target will result in a growth of 159.07% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. BBAI will report FY 2022 earnings on 03/15/2024. Analysts have provided yearly estimates in a range of -$0.29 being high and -$0.80 being low. For BBAI, this leads to a yearly average estimate of -$0.55. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. BigBear.ai Holdings Inc. surprised analysts by -$0.02 when it reported -$0.13 EPS against a consensus estimate of -$0.11. The surprise factor in the prior quarter was -$0.38. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.08. The average estimate for the next quarter is thus -$0.08.

Summary of Insider Activity:

Insiders traded BBAI stock several times over the past three months with 0 Buys and 7 Sells. In these transactions, 0 shares were bought while 71,441 shares were sold. The number of buy transactions has increased to 4 while that of sell transactions has risen to 11 over the past year. The total number of shares bought during that period was 2,737,814 while 19,175,441 shares were sold.

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