BigBear.ai (NYSE:BBAI) Stock Price Down 1.2% - Time to Sell?

Key Points

• BigBear.ai's stock price fell by 1.2% to $7.18, with a recent trading volume slightly below its average.
• Wall Street analysts have mixed views, with a consensus rating of "Hold" and a target price of $6.00 after HC Wainwright lowered its price objective from $9.00 to $8.00.
• The company's recent earnings report showed a revenue decline of 18.3% year-over-year, with a negative return on equity of 48.11% and a negative net margin of 269.28%.

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) shares traded down 1.2% during trading on Friday . The company traded as low as $6.90 and last traded at $7.18. 86,851,733 shares traded hands during trading, a decline of 1% from the average session volume of 87,717,773 shares. The stock had previously closed at $7.27.

Wall Street Analysts Forecast Growth

BBAI has been the topic of a number of recent analyst reports. HC Wainwright cut their price objective on shares of BigBear.ai from $9.00 to $8.00 and set a "buy" rating on the stock in a research note on Tuesday, August 12th. Weiss Ratings reissued a "sell (d-)" rating on shares of BigBear.ai in a research note on Saturday, September 27th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, BigBear.ai presently has a consensus rating of "Hold" and a consensus price target of $6.00.

BigBear.ai Trading Down 1.2%

The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.91 and a current ratio of 1.91. The company has a 50-day simple moving average of $6.05 and a 200-day simple moving average of $4.91. The stock has a market cap of $2.66 billion, a P/E ratio of -4.99 and a beta of 3.43.

BigBear.ai (NYSE:BBAI - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported ($0.06) EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.01. The firm had revenue of $32.47 million for the quarter, compared to analyst estimates 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 quarterly revenue was down 18.3% compared to the same quarter last year. During the same period last year, the company earned ($0.06) EPS. BigBear.ai has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Sean Raymond Ricker sold 11,978 shares of the business's stock in a transaction that occurred 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 $1,585,445.75. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.10% of the company's stock.

Institutional Trading of BigBear.ai

Institutional investors and hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC increased its holdings in BigBear.ai by 22.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company's stock valued at $70,000 after purchasing an additional 1,885 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of BigBear.ai by 11.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 23,320 shares of the company's stock valued at $158,000 after acquiring an additional 2,325 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in BigBear.ai by 68.4% in the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company's stock valued at $42,000 after purchasing an additional 2,527 shares in the last quarter. Allworth Financial LP increased its stake in BigBear.ai by 36.6% in the second quarter. Allworth Financial LP now owns 9,765 shares of the company's stock valued at $66,000 after purchasing an additional 2,615 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in BigBear.ai by 3.1% in the second quarter. J.W. Cole Advisors Inc. now owns 114,035 shares of the company's stock valued at $774,000 after purchasing an additional 3,405 shares in the last quarter. 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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