BigBear.ai (NYSE:BBAI) Earns "Sell (D-)" Rating from Weiss Ratings

Key Points

• BigBear.ai has been rated with a "sell (D-)" by Weiss Ratings, following a report that assessed the company's stock performance.
• HC Wainwright has reduced its price target on BigBear.ai from $9.00 to $8.00 while maintaining a "buy" rating, with the stock currently holding a consensus rating of "Hold" and a price target of $6.00.
• BigBear.ai recently reported earnings with a negative return on equity of 48.11% and a revenue decline of 18.3% year-over-year, leading to a quarterly EPS of ($0.06), above analyst expectations.

BigBear.ai (NYSE:BBAI - Get Free Report)'s stock had its "sell (d-)" rating restated by analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Separately, HC Wainwright dropped their price objective on BigBear.ai from $9.00 to $8.00 and set a "buy" rating for the company in a report on Tuesday, August 12th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, BigBear.ai currently has a consensus rating of "Hold" and a consensus price target of $6.00.

BigBear.ai Trading Up 3.8%

Shares of BBAI stock traded up $0.26 on Friday, reaching $7.04. 292,996,787 shares of the stock were exchanged, compared to its average volume of 92,678,180. The stock has a market cap of $3.07 billion, a P/E ratio of -4.89 and a beta of 3.43. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.42. The firm has a 50 day moving average of $6.34 and a two-hundred day moving average of $5.35. BigBear.ai has a 1-year low of $1.51 and a 1-year high of $10.36.

BigBear.ai (NYSE:BBAI - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The company reported ($0.06) 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 business's revenue for the quarter was down 18.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.06) EPS. BigBear.ai has set its FY 2025 guidance at EPS. On average, research analysts anticipate that BigBear.ai will post -0.28 EPS for the current year.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Flaharty Asset Management LLC purchased a new stake in BigBear.ai during the 1st quarter worth approximately $26,000. CWM LLC grew its position in shares of BigBear.ai by 237.5% during the third quarter. CWM LLC now owns 4,640 shares of the company's stock worth $30,000 after buying an additional 3,265 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of BigBear.ai by 2,216.0% during the first quarter. Blue Bell Private Wealth Management LLC now owns 11,580 shares of the company's stock worth $33,000 after buying an additional 11,080 shares in the last quarter. Alpine Global Management LLC acquired a new stake in shares of BigBear.ai during the first quarter worth approximately $34,000. Finally, SLT Holdings LLC bought a new position in shares of BigBear.ai during the first quarter worth about $37,000. Hedge funds and other institutional investors own 7.55% of the company's stock.

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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