BigBear.ai (NYSE:BBAI - Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. BigBear.ai has set its FY 2024 guidance at EPS.
BigBear.ai (NYSE:BBAI - Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. The firm had revenue of $39.78 million during the quarter, compared to analyst estimates of $46.55 million. BigBear.ai had a negative return on equity of 295.34% and a negative net margin of 104.53%. The business's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.12) EPS. On average, analysts expect BigBear.ai to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
BigBear.ai Stock Performance
Shares of NYSE:BBAI traded up $0.04 during midday trading on Tuesday, reaching $1.77. The company had a trading volume of 4,159,387 shares, compared to its average volume of 6,616,457. The stock has a market cap of $442.62 million, a P/E ratio of -2.13 and a beta of 3.48. The company's 50 day moving average price is $1.57 and its 200 day moving average price is $1.51. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 1.99. BigBear.ai has a 52-week low of $1.16 and a 52-week high of $4.80.
Insider Activity at BigBear.ai
In related news, Director Bbai Ultimate Holdings, Llc sold 572,817 shares of the business's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1.78, for a total transaction of $1,019,614.26. Following the sale, the director now directly owns 143,713,297 shares in the company, valued at approximately $255,809,668.66. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on BBAI. HC Wainwright reissued a "buy" rating and issued a $3.00 target price on shares of BigBear.ai in a research report on Tuesday, October 15th. Cantor Fitzgerald restated an "overweight" rating and issued a $3.50 price objective on shares of BigBear.ai in a research note on Wednesday, August 21st.
Get Our Latest Stock Analysis on BigBear.ai
About BigBear.ai
(
Get Free Report)
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.
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