BigBear.ai (BBAI) to Release Quarterly Earnings on Thursday

BigBear.ai (NYSE:BBAI - Get Free Report) is anticipated 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 Price Performance

BigBear.ai stock traded up $0.07 during midday trading on Friday, hitting $5.19. The company's stock had a trading volume of 29,552,222 shares, compared to its average volume of 65,083,027. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08. The stock's 50-day moving average price is $5.20 and its 200-day moving average price is $3.01. BigBear.ai has a 12 month low of $1.16 and a 12 month high of $10.36. The company has a market capitalization of $1.30 billion, a PE ratio of -5.69 and a beta of 3.17.

Analyst Upgrades and Downgrades

Several analysts recently commented on BBAI shares. Cantor Fitzgerald reissued an "overweight" rating and set a $3.50 target price on shares of BigBear.ai in a research note on Wednesday, November 6th. HC Wainwright upped their price target on BigBear.ai from $3.00 to $7.00 and gave the company a "buy" rating in a report on Monday, December 30th.

Insider Activity at BigBear.ai

In related news, CEO Amanda Long sold 66,140 shares of the company's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $4.50, for a total value of $297,630.00. Following the completion of the sale, the chief executive officer now owns 2,445,449 shares in the company, valued at approximately $11,004,520.50. This represents a 2.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sean Bernard Battle sold 44,813 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $4.46, for a total transaction of $199,865.98. Following the completion of the sale, the director now owns 137,838 shares of the company's stock, valued at approximately $614,757.48. This trade represents a 24.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 310,953 shares of company stock worth $1,347,496 in the last quarter. 1.40% of the stock is owned by company insiders.

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.