BigBear.ai Holdings Inc. (NYSE:BBAI) saw a downside of -2.90% to close Tuesday at $1.34 after subtracting -$0.04 on the day. The 5-day average trading volume is 2,556,340 shares of the company’s common stock. It has gained $1.6100 in the past week and touched a new high 1 time within the past 5 days. An average of 2,999,065 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,613,414.
BBAI’s 1-month performance is -29.84% or -$0.6200 on its low of $1.3200 reached on 08/22/23. The company’s shares have touched a 52-week low of $0.58 and high of $6.77, with the stock’s rally to the 52-week high happening on 02/06/23. YTD, BBAI has achieved 98.90% or $0.6663 and has reached a new high 9 times. However, the current price is down -80.21% from the 52-week high price.
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Insider Transactions
BBAI stock investors last saw insider trading activity on May 30.BBAI Ultimate Holdings, LLC (Director) most recently sold 361,096 shares at $2.44 per share on May 30. This transaction cost the insider $881,074. Director, BBAI Ultimate Holdings, LLC, sold 749,909 shares at a price of $2.42 on May 26. Then, on May 25, Director BBAI Ultimate Holdings, LLC sold 960,012 shares at a price of $2.45 per share. This transaction amounted to $2,352,029.
Valuation Metrics
BBAI stock has a beta of 3.07. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.29.
BigBear.ai Holdings Inc.’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.00.. In terms of profitability, the gross margin trailing 12 months is 26.40%. The trailing 12-month EBITDA margin is -27.25% while for the period ending June 29, BigBear.ai Holdings Inc.’s operating margin was -37.60%. The firm’s gross profit as reported stood at $42.99 million against revenue of $155.01 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -236.33% to -$16.9 million, while revenue of -$26.21 million was -55.09% off the previous quarter. Analysts expected BBAI to announce -$0.07 per share in earnings in its latest quarter, but it posted -$0.12, representing a -71.40% surprise. EBITDA for the quarter stood at more than -$7.73 million. BBAI stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 269.79 million, with total debt at $199.38 million. Shareholders hold equity totaling $155.83 million.
Let’s look briefly at BigBear.ai Holdings Inc. (BBAI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 25.29% to suggest the stock is trending oversold, with historical volatility in this time period at 77.33%.
The stock’s 5-day moving average is $1.4180, reflecting a -16.77% or -$0.2700 change from its current price. BBAI is currently trading -28.34% above its 20-day SMA, -33.66% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -34.31% and SMA200 by+14.53%.
Stochastic %K and %D was 5.82% and 6.82% and the average true range (ATR) pointed at 0.1365. The RSI (14) points at 30.08%, while the 14-day stochastic is at 2.70% with the period’s ATR at 0.1457. The stock’s 9-day MACD Oscillator is pointing at -0.1456 and -0.2586 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for BigBear.ai Holdings Inc. (NYSE: BBAI), Oppenheimer downgraded it to a Perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for BBAI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate BBAI as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is BBAI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $5.00 and a high of $5.00, with their median price target at $5.00. Looking at these predictions, the average price target given by analysts is for BigBear.ai Holdings Inc. (BBAI) stock is $5.00.
