BigBear.ai Holdings, Inc. (NYSE:BBAI) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• BigBear.ai Holdings, Inc. has received an average rating of "Moderate Buy" from analysts, with two holds and two buy ratings, and a 1-year price target of $6.00.
• Despite reporting a slight earnings beat of $0.01 per share, the company's revenue fell 18.3% year-over-year compared to the same quarter last year.
• CFO Sean Raymond Ricker sold nearly 12,000 shares at an average price of $5.35, reducing his ownership by 3.88% as institutional investors have made new investments in BigBear.ai.

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) has been given an average rating of "Moderate Buy" by the four brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $6.00.

Several equities analysts have recently weighed in on BBAI shares. HC Wainwright reduced their price target on BigBear.ai from $9.00 to $8.00 and set a "buy" rating for the company in a report on Tuesday, August 12th. Weiss Ratings restated a "sell (d-)" rating on shares of BigBear.ai in a report on Saturday, September 27th.

BigBear.ai Stock Down 1.2%

BBAI traded down $0.09 during trading on Friday, reaching $7.18. The stock had a trading volume of 86,782,275 shares, compared to its average volume of 87,691,125. The stock's 50 day moving average is $6.06 and its two-hundred day moving average is $4.88. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of -4.99 and a beta of 3.43. BigBear.ai has a one year low of $1.47 and a one year high of $10.36.

BigBear.ai (NYSE:BBAI - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.01. The business had revenue of $32.47 million during the quarter, compared to the consensus estimate of $41.18 million. BigBear.ai had a negative return on equity of 48.11% and a negative net margin of 269.28%.The firm's quarterly revenue was down 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.06) earnings per share. BigBear.ai has set its FY 2025 guidance at EPS. As a group, analysts expect that BigBear.ai will post -0.28 earnings per share for the current year.

Insider Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 11,978 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $5.35, for a total transaction of $64,082.30. Following the completion of the transaction, the chief financial officer directly owned 296,345 shares in the company, valued at $1,585,445.75. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is owned by insiders.

Institutional Investors Weigh In On BigBear.ai

Several institutional investors have recently modified their holdings of BBAI. Ameriprise Financial Inc. purchased a new position in BigBear.ai in the fourth quarter worth about $81,000. Two Sigma Investments LP bought a new stake in shares of BigBear.ai during the 4th quarter valued at about $70,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of BigBear.ai during the 4th quarter valued at about $89,000. Rhumbline Advisers grew its stake in shares of BigBear.ai by 18.1% during the 1st quarter. Rhumbline Advisers now owns 132,012 shares of the company's stock valued at $378,000 after purchasing an additional 20,187 shares during the period. Finally, City State Bank bought a new stake in shares of BigBear.ai during the 1st quarter valued at about $29,000. 7.55% of the stock is owned by hedge funds and other institutional investors.

About BigBear.ai

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

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