Bridger Aerospace Group (NASDAQ:BAER – Get Free Report) had its target price reduced by Canaccord Genuity Group from $6.00 to $5.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 213.48% from the company’s current price.
Bridger Aerospace Group Price Performance
Shares of NASDAQ:BAER traded down $0.24 during trading on Monday, hitting $1.60. The company had a trading volume of 360,401 shares, compared to its average volume of 429,199. The stock has a market cap of $86.21 million, a price-to-earnings ratio of -1.16 and a beta of -0.14. Bridger Aerospace Group has a one year low of $1.53 and a one year high of $6.20. The company has a fifty day simple moving average of $2.42 and a two-hundred day simple moving average of $2.54.
Bridger Aerospace Group (NASDAQ:BAER – Get Free Report) last issued its quarterly earnings results on Monday, March 17th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.02). The company had revenue of $15.59 million during the quarter, compared to analysts’ expectations of $9.70 million. During the same period in the prior year, the company earned ($0.67) earnings per share.
Hedge Funds Weigh In On Bridger Aerospace Group
Bridger Aerospace Group Company Profile
Bridger Aerospace Group Holdings, Inc provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires.
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