Biodesix Stock Net Income

BDSX Stock  USD 1.36  0.02  1.49%   
Biodesix fundamentals help investors to digest information that contributes to Biodesix's financial success or failures. It also enables traders to predict the movement of Biodesix Stock. The fundamental analysis module provides a way to measure Biodesix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Biodesix stock.
Last ReportedProjected for Next Year
Net Loss-63.3 M-66.5 M
Net Loss-58.9 M-61.8 M
Net Loss-52.1 M-54.8 M
Net Loss(0.64)(0.67)
Net Income Per E B T 1.11  0.89 
Net Loss is likely to drop to about (66.5 M) in 2024. Net Loss is likely to drop to about (61.8 M) in 2024.
  
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Biodesix Company Net Income Analysis

Biodesix's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Biodesix Net Income

    
  (52.15 M)  
Most of Biodesix's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Biodesix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Biodesix Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Biodesix is extremely important. It helps to project a fair market value of Biodesix Stock properly, considering its historical fundamentals such as Net Income. Since Biodesix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Biodesix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Biodesix's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Biodesix Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

0.0

At this time, Biodesix's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Biodesix reported net income of (52.15 Million). This is 115.28% lower than that of the Biotechnology sector and 130.12% lower than that of the Health Care industry. The net income for all United States stocks is 109.13% higher than that of the company.

Biodesix Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Biodesix's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Biodesix could also be used in its relative valuation, which is a method of valuing Biodesix by comparing valuation metrics of similar companies.
Biodesix is currently under evaluation in net income category among its peers.

Biodesix Institutional Holders

Institutional Holdings refers to the ownership stake in Biodesix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Biodesix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Biodesix's value.
Shares
Essex Investment Management Company, Llc2024-09-30
971.2 K
Wells Fargo & Co2024-09-30
924.2 K
Geode Capital Management, Llc2024-09-30
804.6 K
Perkins Capital Management Inc2024-09-30
724.8 K
Amh Equity Ltd2024-09-30
696.1 K
Blackrock Inc2024-06-30
415.9 K
Legato Capital Management Llc2024-09-30
334.3 K
Heights Capital Management Inc2024-09-30
318.8 K
State Street Corp2024-09-30
288.6 K
Telemark Asset Management, Llc2024-09-30
8.3 M
Aigh Capital Management, Llc2024-09-30
5.7 M

Biodesix Fundamentals

About Biodesix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Biodesix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biodesix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biodesix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Biodesix Stock Analysis

When running Biodesix's price analysis, check to measure Biodesix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biodesix is operating at the current time. Most of Biodesix's value examination focuses on studying past and present price action to predict the probability of Biodesix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biodesix's price. Additionally, you may evaluate how the addition of Biodesix to your portfolios can decrease your overall portfolio volatility.