Cantor Fitzgerald has recently initiated BigBear.ai Holdings Inc (BBAI) stock to Overweight rating, as announced on January 9, 2024, according to Finviz. Earlier, on October 2, 2023, TD Cowen had initiated the stock to Market Perform, setting a price target of $2. H.C. Wainwright also initiated Buy rating with a price target of $4. Additionally, Oppenheimer reduced Perform rating on August 10, 2022. Oppenheimer analysts, in their report published on March 28, 2022, also initiated Outperform rating and set a price target of $10 for BigBear.ai Holdings Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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BigBear.ai Holdings Inc (BBAI) Stock Trading Recap
On Thursday, BigBear.ai Holdings Inc (BBAI) stock saw a modest uptick, ending the day at $1.49 which represents a slight increase of $0.11 or 7.97% from the prior close of $1.38. The stock opened at $1.39 and touched a low of $1.38 during the day, reaching a high of $1.49. The volume of shares traded was 2.45 million falling short of the average volume of 4.37 million.
BBAI Stock Performance and Moving Averages
In recent trading, BigBear.ai Holdings Inc (BBAI) stock price has shown some volatility, fluctuating -5.10% over the last five trades and 7.19% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -22.80%, and it has gained 4.20% in the previous three months. Currently, BBAI is trading at -1.13%, 2.03%, and -14.86% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, BBAI, a Technology sector stock, is trading -68.93% below its 52-week high but remains 28.45% above its 52-week low. The Average True Range (ATR) (14 days) of 0.09 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
BigBear.ai Holdings Inc’s Profitability and Valuation Ratios
BigBear.ai Holdings Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -27.80% and a profit margin of -104.53%, with a gross margin of -22.80%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, BigBear.ai Holdings Inc’s market capitalization stands at $372.60 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 2.53, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 3.58, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 60.81% of BigBear.ai Holdings Inc (BBAI)’s shares, while financial institutions hold 8.53%.
Notable insider trades include BBAI Ultimate Holdings, LLC, Director at BigBear.ai Holdings Inc (BBAI), who sold 2461867 shares on Mar 15 ’24, at $2.47 each, totaling $6.08 million. On Mar 14 ’24, BBAI Ultimate Holdings, LLC, Director, sold 8009447 shares for $2.55 each, amounting to $20.42 million. Additionally, on Mar 13 ’24, BBAI Ultimate Holdings, LLC sold 4777012 shares at $2.53 each, generating $12.09 million.