Beyond Air Stock Analysis
XAIR Stock | USD 0.52 0.05 8.77% |
Beyond Air is undervalued with Real Value of 3.91 and Target Price of 14.17. The main objective of Beyond Air stock analysis is to determine its intrinsic value, which is an estimate of what Beyond Air is worth, separate from its market price. There are two main types of Beyond Air's stock analysis: fundamental analysis and technical analysis.
The Beyond Air stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Beyond Air is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Beyond Stock trading window is adjusted to America/New York timezone.
Beyond |
Beyond Stock Analysis Notes
About 16.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.32. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Beyond Air recorded a loss per share of 1.41. The entity last dividend was issued on the 10th of January 2017. The firm had 1:100 split on the 10th of January 2017. Beyond Air, Inc. operates as a commercial medical device and biopharmaceutical company. The company was formerly known as AIT Therapeutics, Inc. and changed its name to Beyond Air, Inc. in June 2019. Beyond Air operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 62 people. For more information please call Steven Lisi at 516 665 8200 or visit https://www.beyondair.net.Beyond Air Investment Alerts
Beyond Air is way too risky over 90 days horizon | |
Beyond Air has some characteristics of a very speculative penny stock | |
Beyond Air appears to be risky and price may revert if volatility continues | |
Beyond Air has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 1.16 M. Net Loss for the year was (60.24 M) with profit before overhead, payroll, taxes, and interest of 873.19 K. | |
Beyond Air currently holds about 72.77 M in cash with (56.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Beyond Air has a very weak financial position based on the latest SEC disclosures | |
Roughly 16.0% of the company outstanding shares are owned by insiders | |
Latest headline from gurufocus.com: NeuroNOS Appoints Nobel Laureate, Roger D. Kornberg, to Scientific Advisory Board |
Beyond Air Upcoming and Recent Events
12th of February 2024 Upcoming Quarterly Report | View | |
27th of June 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
27th of June 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of March 2023 Last Financial Announcement | View |
Beyond Largest EPS Surprises
Earnings surprises can significantly impact Beyond Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2022-02-10 | 2021-12-31 | -0.26 | -0.29 | -0.03 | 11 | ||
2024-08-06 | 2024-06-30 | -0.32 | -0.27 | 0.05 | 15 | ||
2020-02-07 | 2019-12-31 | -0.34 | -0.39 | -0.05 | 14 |
Beyond Air Thematic Classifications
In addition to having Beyond Air stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
DrugsDrug manufacturing and delivery | ||
Medical EquipmentUSA Equities from Medical Equipment industry as classified by Fama & French |
Beyond Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Goldman Sachs Group Inc | 2024-06-30 | 223.6 K | State Street Corp | 2024-06-30 | 154.3 K | Northern Trust Corp | 2024-09-30 | 134.6 K | Advisor Group Holdings, Inc. | 2024-06-30 | 129.6 K | Citadel Advisors Llc | 2024-09-30 | 100.7 K | Millennium Management Llc | 2024-06-30 | 89.2 K | Jane Street Group Llc | 2024-06-30 | 87.8 K | Goss Wealth Management Llc | 2024-06-30 | 75.1 K | Qube Research & Technologies | 2024-06-30 | 58.6 K | Aigh Capital Management, Llc | 2024-09-30 | 3.6 M | Soros Fund Management Llc | 2024-09-30 | 1.5 M |
Beyond Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.18 M.Beyond Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (1.08) | (15.76) | |
Return On Capital Employed | (1.39) | 1.29 | |
Return On Assets | (1.06) | (15.76) | |
Return On Equity | (2.41) | 0.79 |
Management Efficiency
Beyond Air has return on total asset (ROA) of (0.6348) % which means that it has lost $0.6348 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.1918) %, meaning that it created substantial loss on money invested by shareholders. Beyond Air's management efficiency ratios could be used to measure how well Beyond Air manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Beyond Air's Return On Capital Employed is relatively stable compared to the past year. As of 11/30/2024, Return On Equity is likely to grow to 0.79, while Return On Tangible Assets are likely to drop (15.76). At this time, Beyond Air's Non Current Assets Total are relatively stable compared to the past year. As of 11/30/2024, Non Currrent Assets Other is likely to grow to about 169.5 K, while Other Assets are likely to drop 0.95.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.82 | (3.24) | |
Tangible Book Value Per Share | 0.78 | (3.24) | |
Enterprise Value Over EBITDA | (1.00) | (3.44) | |
Price Book Value Ratio | 2.09 | (1.77) | |
Enterprise Value Multiple | (1.00) | (3.44) | |
Price Fair Value | 2.09 | (1.77) | |
Enterprise Value | 58.9 M | 11.6 M |
The operational strategies employed by Beyond Air management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Operating Margin (19.88) | Beta (0.18) | Return On Assets (0.63) | Return On Equity (2.19) |
Technical Drivers
As of the 30th of November, Beyond Air shows the Risk Adjusted Performance of 0.0706, downside deviation of 8.11, and Mean Deviation of 5.97. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Beyond Air, as well as the relationship between them. Please confirm Beyond Air standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Beyond Air is priced correctly, providing market reflects its regular price of 0.52 per share. As Beyond Air is a penny stock we also strongly suggest to validate its total risk alpha numbers.Beyond Air Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Beyond Air middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Beyond Air. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Beyond Air Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Beyond Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Beyond Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Beyond Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Beyond Air Outstanding Bonds
Beyond Air issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Beyond Air uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Beyond bonds can be classified according to their maturity, which is the date when Beyond Air has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Beyond Air Predictive Daily Indicators
Beyond Air intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Beyond Air stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Beyond Air Forecast Models
Beyond Air's time-series forecasting models are one of many Beyond Air's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Beyond Air's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Beyond Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Beyond Air prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Beyond shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Beyond Air. By using and applying Beyond Stock analysis, traders can create a robust methodology for identifying Beyond entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (63.80) | (60.61) | |
Operating Profit Margin | (62.52) | (59.39) | |
Net Loss | (59.77) | (56.79) | |
Gross Profit Margin | (1.01) | (1.07) |
Current Beyond Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Beyond analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Beyond analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
14.17 | Buy | 5 | Odds |
Most Beyond analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Beyond stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Beyond Air, talking to its executives and customers, or listening to Beyond conference calls.
Beyond Stock Analysis Indicators
Beyond Air stock analysis indicators help investors evaluate how Beyond Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Beyond Air shares will generate the highest return on investment. By understating and applying Beyond Air stock analysis, traders can identify Beyond Air position entry and exit signals to maximize returns.
Begin Period Cash Flow | 36.8 M | |
Long Term Debt | 14.7 M | |
Common Stock Shares Outstanding | 33.2 M | |
Total Stockholder Equity | 25 M | |
Property Plant And Equipment Net | 11.5 M | |
Cash And Short Term Investments | 34.5 M | |
Cash | 11.4 M | |
Accounts Payable | 1.9 M | |
Net Debt | 6.5 M | |
50 Day M A | 0.4319 | |
Total Current Liabilities | 11.6 M | |
Other Operating Expenses | 64.2 M | |
Non Current Assets Total | 13 M | |
Non Currrent Assets Other | 113 K | |
Stock Based Compensation | 21.3 M |
Additional Tools for Beyond Stock Analysis
When running Beyond Air's price analysis, check to measure Beyond Air'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 Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air to your portfolios can decrease your overall portfolio volatility.