BigBear.ai Holdings, Inc. (NYSE:BBAI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) have earned a consensus rating of “Hold” from the five ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $6.3333.

BBAI has been the subject of a number of analyst reports. Wall Street Zen raised shares of BigBear.ai from a “strong sell” rating to a “hold” rating in a report on Saturday, November 15th. Cantor Fitzgerald restated an “overweight” rating and set a $7.00 price target on shares of BigBear.ai in a report on Tuesday, November 11th. HC Wainwright reiterated a “buy” rating and issued a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th.

Insider Activity

In related news, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the completion of the transaction, the director owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This trade represents a 8.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Sean Raymond Ricker sold 11,978 shares of BigBear.ai 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 owned 296,345 shares of the company’s stock, valued at $1,585,445.75. This trade represents a 3.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 33,980 shares of company stock valued at $197,853. 0.54% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BigBear.ai

Hedge funds have recently bought and sold shares of the company. Flaharty Asset Management LLC purchased a new stake in BigBear.ai during the first quarter worth about $26,000. CWM LLC grew its holdings in shares of BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,265 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in BigBear.ai by 3,355.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after buying an additional 4,832 shares during the period. Alpine Global Management LLC purchased a new stake in BigBear.ai during the 1st quarter worth approximately $34,000. Finally, Foundations Investment Advisors LLC acquired a new stake in BigBear.ai during the 1st quarter worth approximately $37,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

BigBear.ai Trading Down 1.6%

BBAI opened at $5.42 on Friday. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of -3.82 and a beta of 3.42. The company’s 50 day simple moving average is $6.76 and its two-hundred day simple moving average is $5.84. BigBear.ai has a 1-year low of $2.02 and a 1-year high of $10.36. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The company had revenue of $33.14 million for the quarter, compared to analysts’ expectations of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business’s quarterly revenue was down 20.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.05) EPS. BigBear.ai has set its FY 2025 guidance at EPS. Analysts expect that BigBear.ai will post -0.28 EPS for the current fiscal year.

BigBear.ai Company Profile

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.