BigBear.ai (BBAI) to Release Earnings on Thursday

BigBear.ai (NYSE:BBAI) is anticipated to release its earnings data after the market closes on Thursday, March 6th. Analysts expect BigBear.ai to post earnings of ($0.05) per share and revenue of $54.62 million for the quarter.

BigBear.ai Trading Down 0.5 %

Shares of NYSE BBAI opened at $4.74 on Wednesday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. BigBear.ai has a 52-week low of $1.17 and a 52-week high of $10.36. The firm has a 50 day moving average price of $5.29 and a two-hundred day moving average price of $3.11. The stock has a market cap of $1.19 billion, a P/E ratio of -5.20 and a beta of 3.17.

Analyst Ratings Changes

Several research firms have recently weighed in on BBAI. Cantor Fitzgerald reiterated an “overweight” rating and set a $3.50 price objective on shares of BigBear.ai in a research report on Wednesday, November 6th. HC Wainwright increased their price objective on shares of BigBear.ai from $3.00 to $7.00 and gave the stock a “buy” rating in a research report on Monday, December 30th.

Insider Transactions at BigBear.ai

In other BigBear.ai news, CEO Amanda Long sold 200,000 shares of the firm’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $4.25, for a total value of $850,000.00. Following the completion of the sale, the chief executive officer now directly owns 2,583,254 shares in the company, valued at approximately $10,978,829.50. This trade represents a 7.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sean Bernard Battle sold 44,813 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $4.46, for a total transaction of $199,865.98. Following the completion of the sale, the director now owns 137,838 shares of the company’s stock, valued at $614,757.48. The trade was a 24.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 310,953 shares of company stock worth $1,347,496 over the last three months. 1.40% of the stock is owned by company insiders.

About BigBear.ai

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.