BigBear.ai Holdings Inc (NYSE:BBAI) traded at $1.75 at close of the session on Monday, April 29, made a downward move of -2.78% on its previous day’s price.
Looking at the stock we see that its previous close was $1.80. 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 lost about -14.63% over that past 30 days.
BigBear.ai Holdings Inc has a market cap of $424.60 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.06, with the EPS growth for the year raised at -$0.22 for 2024 and -$0.17 for next year. These figures represent 45.00% and 22.70% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $43.74 million, with a low of $40.39 million and a high of $46.37 million. The median projection represents growth squeezing down to 3.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $202.77 million, or 30.70% 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% Sell, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is 0.43% off its SMA20 and -22.35% from its 50-day simple moving average. The RSI (14) is pointing at 45.82 while the volatility over the past week is 8.08% and jumps to 6.85% over the past one month. The beta value is 3.37, while the average true range (ATR) is currently pointing at 0.17.
Coming back to BigBear.ai Holdings Inc (NYSE:BBAI), we note that the average 3-month trading volume was 12.44 million. Current shares outstanding are 157.29 million.
The insiders hold 94.27% of the company’s shares while institutions hold 4.92%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -18.22% down in year-to-date price movement.
