BigBear.ai Holdings, Inc. (NYSE:BBAI – Get Rating) – Oppenheimer boosted their Q1 2023 earnings per share estimates for BigBear.ai in a research note issued on Tuesday, March 14th. Oppenheimer analyst I. Kidron now expects that the company will post earnings of ($0.06) per share for the quarter, up from their prior forecast of ($0.11). The consensus estimate for BigBear.ai’s current full-year earnings is ($0.35) per share. Oppenheimer also issued estimates for BigBear.ai’s Q2 2023 earnings at ($0.06) EPS, Q3 2023 earnings at ($0.06) EPS, Q4 2023 earnings at ($0.06) EPS, FY2023 earnings at ($0.23) EPS and FY2024 earnings at ($0.19) EPS.
BigBear.ai Stock Down 7.9 %
Shares of BBAI stock opened at $1.64 on Thursday. The stock has a 50 day moving average of $2.95 and a 200 day moving average of $1.78. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 33.05. The stock has a market cap of $231.49 million, a P/E ratio of -1.85 and a beta of 4.12. BigBear.ai has a twelve month low of $0.58 and a twelve month high of $16.12.
Institutional Trading of BigBear.ai
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Greenhaven Road Investment Management L.P. purchased a new stake in shares of BigBear.ai during the second quarter worth approximately $2,291,000. Invesco Ltd. acquired a new position in BigBear.ai during the first quarter worth $2,953,000. UBS Group AG boosted its stake in BigBear.ai by 14.0% during the fourth quarter. UBS Group AG now owns 66,550 shares of the company’s stock worth $45,000 after buying an additional 8,186 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in BigBear.ai during the first quarter worth $142,000. Finally, Credit Suisse AG acquired a new position in BigBear.ai during the second quarter worth $55,000. 1.47% of the stock is currently owned by hedge funds and other institutional investors.
BigBear.ai Company Profile
BigBear.ai Holdings, Inc provides artificial intelligence and machine learning for decision support. The company operates through two segments, Cyber & Engineering and Analytics. The Cyber & Engineering segment offers high-end technology and management consulting services. It focuses in the areas of cloud engineering and enterprise IT, cybersecurity, computer network operations and wireless, systems engineering, and strategy and program planning.
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