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BigBear.ai Holdings, Inc. (BBAI) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, BigBear.ai Holdings, Inc. (BBAI - Free Report) was down 3.59% at $2.42. This change lagged the S&P 500's 0.47% loss on the day. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 1.25%.
The company's stock has dropped by 11.31% in the past month, falling short of the Computer and Technology sector's gain of 6.08% and the S&P 500's gain of 1.15%.
The investment community will be paying close attention to the earnings performance of BigBear.ai Holdings, Inc. in its upcoming release. The company is predicted to post an EPS of -$0.05, indicating a 28.57% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $38.11 million, showing a 15% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.27 per share and a revenue of $146.97 million, indicating changes of +67.07% and +15.12%, respectively, from the former year.
Any recent changes to analyst estimates for BigBear.ai Holdings, Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. BigBear.ai Holdings, Inc. is currently a Zacks Rank #3 (Hold).
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 75, finds itself in the top 31% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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BigBear.ai Holdings, Inc. (BBAI) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, BigBear.ai Holdings, Inc. (BBAI - Free Report) was down 3.59% at $2.42. This change lagged the S&P 500's 0.47% loss on the day. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 1.25%.
The company's stock has dropped by 11.31% in the past month, falling short of the Computer and Technology sector's gain of 6.08% and the S&P 500's gain of 1.15%.
The investment community will be paying close attention to the earnings performance of BigBear.ai Holdings, Inc. in its upcoming release. The company is predicted to post an EPS of -$0.05, indicating a 28.57% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $38.11 million, showing a 15% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.27 per share and a revenue of $146.97 million, indicating changes of +67.07% and +15.12%, respectively, from the former year.
Any recent changes to analyst estimates for BigBear.ai Holdings, Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. BigBear.ai Holdings, Inc. is currently a Zacks Rank #3 (Hold).
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 75, finds itself in the top 31% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.