Q2 2022 EPS Estimates for BigBear.ai Holdings, Inc. (NYSE:BBAI) Decreased by Oppenheimer

BigBear.ai Holdings, Inc. (NYSE:BBAIGet Rating) – Oppenheimer decreased their Q2 2022 earnings per share estimates for BigBear.ai in a report released on Monday, May 9th. Oppenheimer analyst I. Kidron now expects that the company will post earnings of ($0.09) per share for the quarter, down from their previous estimate of ($0.05). Oppenheimer currently has a “Outperform” rating and a $10.00 price target on the stock. Oppenheimer also issued estimates for BigBear.ai’s Q3 2022 earnings at ($0.08) EPS, Q4 2022 earnings at ($0.06) EPS, FY2022 earnings at ($0.37) EPS and FY2023 earnings at ($0.23) EPS.

Several other analysts have also issued reports on the stock. William Blair started coverage on shares of BigBear.ai in a research report on Wednesday, February 9th. They set a “market perform” rating on the stock. Zacks Investment Research lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Monday.

NYSE BBAI opened at $7.50 on Thursday. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.56. The stock’s 50 day moving average price is $9.36. BigBear.ai has a 1 year low of $4.45 and a 1 year high of $16.12.

BigBear.ai (NYSE:BBAIGet Rating) last posted its quarterly earnings results on Thursday, March 17th. The company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.68). The company had revenue of $33.48 million for the quarter, compared to analyst estimates of $42.23 million.

A number of large investors have recently modified their holdings of the stock. Glazer Capital LLC bought a new position in BigBear.ai in the 4th quarter valued at approximately $39,142,000. Schonfeld Strategic Advisors LLC bought a new position in BigBear.ai in the 4th quarter valued at approximately $434,000. Gillson Capital LP bought a new position in BigBear.ai in the 4th quarter valued at approximately $243,000. Wolverine Asset Management LLC bought a new position in BigBear.ai in the 4th quarter valued at approximately $59,000. Finally, Penserra Capital Management LLC bought a new position in BigBear.ai in the 4th quarter valued at approximately $44,000. 48.42% of the stock is owned by institutional investors and hedge funds.

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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