With 26.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 12.19 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $4.115 whereas the lowest price it dropped to was $3.81. The 52-week range on BB shows that it touched its highest point at $4.10 and its lowest point at $2.01 during that stretch. It currently has a 1-year price target of $4.21. Beta for the stock currently stands at 1.30.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BB was up-trending over the past week, with a rise of 4.60%, but this was up by 58.53% over a month. Three-month performance surged to 73.31% while six-month performance rose 68.31%. The stock gained 25.85% in the past year, while it has gained 8.20% so far this year. A look at the trailing 12-month EPS for BB yields -0.22 with Next year EPS estimates of 0.05. For the next quarter, that number is 0.01. This implies an EPS growth rate of -140.00% for this year and 350.00% for next year.
Float and Shares Shorts:
At present, 591.58 million BB shares are outstanding with a float of 581.55 million shares on hand for trading. On 2024-11-29, short shares totaled 26.27 million, which was 444.99997 higher than short shares on 1730332800. In addition to Mr. John Joseph Giamatteo as the firm’s CEO & Director, Mr. Philip Kurtz CFA serves as its Chief Legal Officer & Corporate Secretary.
Institutional Ownership:
Through their ownership of 0.46332002 of BB’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, BB reported revenue of $143000000.0 and operating income of $20000000.0. The EBITDA in the recently reported quarter was $34000000.0 and diluted EPS was -$0.02.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BB since 20 analysts follow the stock currently. There are 12 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BB analysts setting a high price target of 6.0 and a low target of 2.71, the average target price over the next 12 months is 3.87625. Based on these targets, BB could surge 46.7% to reach the target high and fall by -33.74% to reach the target low. Reaching the average price target will result in a decline of -5.23% from current levels.
Analysts have provided yearly estimates in a range of -$0.01117691 being high and -$0.01141524 being low. For BB, this leads to a yearly average estimate of -$0.01127877.
