With 157.29M Outstanding Shares, Can BigBear.ai Holdings Inc (NYSE: BBAI) Deliver Big Short-Term Gains?

BigBear.ai Holdings Inc (NYSE:BBAI) currently has a daily average trading volume of 4.68M but it saw 3462259 shares traded in last market. With a market cap of 400.11M USD, the company’s current market price of $1.60 came falling about -6.43 while comparing to the previous closing price of $1.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.80 and as low as $1.16. In the recent trading on the day, stock has struck highest price mark of $1.56 while lowest mark touched by it was $1.7.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Overweight” in its note to investors issued on January 09, 2024, recommending a price target of $3 for it. H.C. Wainwright also issued its recommendations for the stock as it initiated the price target for the stock is $4.

Over the week, BBAI’s stock price is moving -8.57% down while it is 3.23% when we observe its performance for the past one month. Year-to-date it is -25.23% down and over the past year, the stock is showing an upside performance of 21.21%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.03 beat the consensus estimate of -0.07 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of -0.06 while estimate for next year EPS is -0.77. In next quarter, company is expected to be making quarterly sales of $54.48M as analysts are expecting the sales for current fiscal year at $175.42M and seeing the company making $203.35M in sales next year. Moreover, analysts are in estimates of $46.03M for current-quarter revenue.

Currently, BigBear.ai Holdings Inc’s total number of outstanding shares is 157.29M. Company’s return on investment (ROI) stands at -50.12% and return on equity (ROE) at -748.57%. Stock’s beta reads 3.21. Stock has a price to book (P/B) ratio of 3.84 while price to sale or P/S ratio amounts to 2.71. Its return on asset (ROA) is -54.17% on average.