$35.52 Million in Sales Expected for BigBear.ai Holdings, Inc. (NYSE:BBAI) This Quarter

Wall Street brokerages expect BigBear.ai Holdings, Inc. (NYSE:BBAIGet Rating) to post $35.52 million in sales for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for BigBear.ai’s earnings, with the highest sales estimate coming in at $40.00 million and the lowest estimate coming in at $32.47 million. The business is expected to report its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that BigBear.ai will report full-year sales of $181.40 million for the current year, with estimates ranging from $177.60 million to $185.11 million. For the next fiscal year, analysts anticipate that the business will report sales of $233.02 million, with estimates ranging from $208.80 million to $258.35 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow BigBear.ai.

BigBear.ai (NYSE:BBAIGet Rating) last announced its quarterly earnings data on Thursday, March 17th. The company reported ($1.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($1.00).

Several research analysts have weighed in on BBAI shares. Oppenheimer started coverage on BigBear.ai in a report on Monday, March 28th. They issued an “outperform” rating and a $10.00 price target for the company. William Blair began coverage on shares of BigBear.ai in a research report on Wednesday, February 9th. They set a “market perform” rating for the company. Finally, Zacks Investment Research cut shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Monday, April 4th.

A number of hedge funds and other institutional investors have recently modified their holdings of BBAI. Schonfeld Strategic Advisors LLC acquired a new stake in BigBear.ai during the 4th quarter worth about $434,000. Penserra Capital Management LLC acquired a new position in shares of BigBear.ai in the 4th quarter valued at about $44,000. Gillson Capital LP acquired a new position in shares of BigBear.ai in the 4th quarter valued at about $243,000. Glazer Capital LLC acquired a new position in shares of BigBear.ai in the 4th quarter valued at about $39,142,000. Finally, Wolverine Asset Management LLC acquired a new position in shares of BigBear.ai in the 4th quarter valued at about $59,000.

BBAI stock traded up $0.95 on Wednesday, reaching $12.69. The company had a trading volume of 845,972 shares, compared to its average volume of 704,058. BigBear.ai has a 1 year low of $4.45 and a 1 year high of $16.12. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.94 and a current ratio of 2.94. The firm’s fifty day moving average price is $7.37.

BigBear.ai Company Profile (Get Rating)

BigBear.ai Holdings, Inc provides analytics solutions defense, intelligence, and commercial markets. Its suite of subscription-based products enables customers to catalog, curate, manage, automate, and visualize data feeds. The company is headquartered in Columbia, Maryland.

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