BigBear.ai Holdings Inc (NYSE: BBAI)’s stock price has dropped by -7.86 in relation to previous closing price of 1.59. Nevertheless, the company has seen a loss of -11.21% in its stock price over the last five trading days. fool.com reported 2024-08-30 that BigBear.ai is gaining traction with large contracts, showing a robust potential for long-term growth. Outbrain is showing bullish signs despite a challenging market entry, right at the start of a sector-wide downturn.
Is It Worth Investing in BigBear.ai Holdings Inc (NYSE: BBAI) Right Now?
The 36-month beta value for BBAI is also noteworthy at 3.22. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BBAI is 96.46M, and at present, short sellers hold a 21.83% of that float. The average trading volume of BBAI on September 03, 2024 was 4.76M shares.
BBAI’s Market Performance
BBAI’s stock has seen a -11.21% decrease for the week, with a 9.33% rise in the past month and a -1.01% fall in the past quarter. The volatility ratio for the week is 6.92%, and the volatility levels for the past 30 days are at 8.70% for BigBear.ai Holdings Inc The simple moving average for the last 20 days is 3.39% for BBAI’s stock, with a simple moving average of -17.81% for the last 200 days.
Analysts’ Opinion of BBAI
Many brokerage firms have already submitted their reports for BBAI stocks, with Cantor Fitzgerald repeating the rating for BBAI by listing it as a “Overweight.” The predicted price for BBAI in the upcoming period, according to Cantor Fitzgerald is $3 based on the research report published on January 09, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see BBAI reach a price target of $2. The rating they have provided for BBAI stocks is “Market Perform” according to the report published on October 02nd, 2023.
H.C. Wainwright gave a rating of “Buy” to BBAI, setting the target price at $4 in the report published on August 29th of the previous year.
BBAI Trading at 0.87% from the 50-Day Moving Average
After a stumble in the market that brought BBAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.45% of loss for the given period.
Volatility was left at 8.70%, however, over the last 30 days, the volatility rate increased by 6.92%, as shares surge +20.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.57% upper at present.
During the last 5 trading sessions, BBAI fell by -9.64%, which changed the moving average for the period of 200-days by -20.70% in comparison to the 20-day moving average, which settled at $1.4295. In addition, BigBear.ai Holdings Inc saw -31.54% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BBAI starting from Braden Pamela Joyce, who purchase 140,939 shares at the price of $1.49 back on Jun 03 ’24. After this action, Braden Pamela Joyce now owns 446,396 shares of BigBear.ai Holdings Inc, valued at $209,999 using the latest closing price.
Ricker Sean Raymond, the Chief Accounting Officer of BigBear.ai Holdings Inc, sale 36,250 shares at $2.07 during a trade that took place back on Mar 27 ’24, which means that Ricker Sean Raymond is holding 99,428 shares at $75,038 based on the most recent closing price.
Stock Fundamentals for BBAI
Current profitability levels for the company are sitting at:
- -0.29 for the present operating margin
- 0.27 for the gross margin
The net margin for BigBear.ai Holdings Inc stands at -1.05. The total capital return value is set at -0.14. Equity return is now at value -748.57, with -54.17 for asset returns.
Based on BigBear.ai Holdings Inc (BBAI), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at -0.08. The debt to equity ratio resting at 1.91. The interest coverage ratio of the stock is -2.99.
Currently, EBITDA for the company is -26.99 million with net debt to EBITDA at -3.9. When we switch over and look at the enterprise to sales, we see a ratio of 3.4. The receivables turnover for the company is 4.21for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.10.
Conclusion
In summary, BigBear.ai Holdings Inc (BBAI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
