Bridger Aerospace Group (BAER) to Release Quarterly Earnings on Monday

Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 11th. Bridger Aerospace Group has set its FY 2024 guidance at EPS.Investors interested in participating in the company's conference call can do so using this link.

Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.08). The company had revenue of $13.01 million for the quarter.

Bridger Aerospace Group Stock Down 4.1 %

BAER traded down $0.14 during trading on Monday, hitting $3.25. 75,581 shares of the company's stock were exchanged, compared to its average volume of 70,317. The stock has a market cap of $172.79 million, a P/E ratio of -2.14 and a beta of -0.29. The business's 50 day moving average is $2.60 and its two-hundred day moving average is $3.37. Bridger Aerospace Group has a fifty-two week low of $1.71 and a fifty-two week high of $7.82.

Insiders Place Their Bets

In other news, EVP James J. Muchmore sold 18,902 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $2.70, for a total value of $51,035.40. Following the completion of the sale, the executive vice president now owns 820,417 shares in the company, valued at $2,215,125.90. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CFO Eric L. Gerratt sold 18,731 shares of the firm's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $2.59, for a total transaction of $48,513.29. Following the completion of the sale, the chief financial officer now directly owns 481,269 shares of the company's stock, valued at $1,246,486.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP James J. Muchmore sold 18,902 shares of Bridger Aerospace Group stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $2.70, for a total value of $51,035.40. Following the sale, the executive vice president now owns 820,417 shares in the company, valued at $2,215,125.90. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 96,614 shares of company stock valued at $252,811 in the last three months. 76.22% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a $5.25 price target on shares of Bridger Aerospace Group in a research note on Tuesday, August 13th.

About Bridger Aerospace Group

Bridger Aerospace Group Holdings, Inc provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires.