Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) had its price objective increased by stock analysts at Canaccord Genuity Group from $5.00 to $5.25 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the stock. Canaccord Genuity Group's price objective would suggest a potential upside of 213.43% from the stock's current price.
Bridger Aerospace Group Trading Up 10.9%
BAER traded up $0.17 on Wednesday, hitting $1.68. 380,022 shares of the company's stock were exchanged, compared to its average volume of 476,057. The firm has a market cap of $91.66 million, a PE ratio of -1.22 and a beta of 0.03. Bridger Aerospace Group has a twelve month low of $1.02 and a twelve month high of $4.49. The stock has a fifty day moving average of $1.39 and a two-hundred day moving average of $2.05.
Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.41) EPS for the quarter, beating analysts' consensus estimates of ($0.50) by $0.09. The company had revenue of $15.65 million for the quarter, compared to analyst estimates of $6.00 million.
Institutional Trading of Bridger Aerospace Group
A number of large investors have recently added to or reduced their stakes in BAER. Baird Financial Group Inc. bought a new stake in Bridger Aerospace Group during the fourth quarter worth approximately $604,000. Cerity Partners LLC boosted its holdings in Bridger Aerospace Group by 456.6% during the fourth quarter. Cerity Partners LLC now owns 216,751 shares of the company's stock worth $462,000 after buying an additional 177,811 shares in the last quarter. Kieckhefer Group LLC boosted its holdings in Bridger Aerospace Group by 8,625.0% during the first quarter. Kieckhefer Group LLC now owns 174,500 shares of the company's stock worth $197,000 after buying an additional 172,500 shares in the last quarter. First Manhattan CO. LLC. boosted its holdings in Bridger Aerospace Group by 7.2% during the first quarter. First Manhattan CO. LLC. now owns 1,479,705 shares of the company's stock worth $1,672,000 after buying an additional 100,000 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in Bridger Aerospace Group during the fourth quarter worth approximately $138,000. 48.94% of the stock is currently owned by institutional investors.
Bridger Aerospace Group Company Profile
(
Get Free Report)
Bridger Aerospace Group Holdings, Inc provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires.
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