BigBear.ai (BBAI) to Release Earnings on Thursday

BigBear.ai (NYSE:BBAI - Get Free Report) is expected to release its earnings data after the market closes on Thursday, March 6th. Analysts expect BigBear.ai to post earnings of ($0.05) per share and revenue of $54.62 million for the quarter.

BigBear.ai Stock Performance

Shares of NYSE BBAI traded up $0.07 during trading hours on Friday, hitting $5.19. 41,454,131 shares of the company's stock were exchanged, compared to its average volume of 65,387,570. The company's 50-day moving average price is $5.24 and its 200-day moving average price is $3.05. BigBear.ai has a 1-year low of $1.16 and a 1-year high of $10.36. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of -5.70 and a beta of 3.17. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06.

Insider Activity

In related news, CEO Amanda Long sold 200,000 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $4.25, for a total value of $850,000.00. Following the completion of the transaction, the chief executive officer now owns 2,583,254 shares of the company's stock, valued at $10,978,829.50. This represents a 7.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sean Bernard Battle sold 44,813 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $4.46, for a total transaction of $199,865.98. Following the transaction, the director now owns 137,838 shares of the company's stock, valued at approximately $614,757.48. This represents a 24.53 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 310,953 shares of company stock worth $1,347,496. Company insiders own 1.40% of the company's stock.

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Analyst Ratings Changes

Several brokerages have recently issued reports on BBAI. Cantor Fitzgerald restated an "overweight" rating and issued a $3.50 price objective on shares of BigBear.ai in a research note on Wednesday, November 6th. HC Wainwright boosted their price objective on shares of BigBear.ai from $3.00 to $7.00 and gave the stock a "buy" rating in a report on Monday, December 30th.

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.