Is Beyond Air Stock a Good Investment?
Beyond Air Investment Advice | XAIR |
- Examine Beyond Air's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Beyond Air's leadership team and their track record. Good management can help Beyond Air navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Beyond Air's business and its evolving consumer preferences.
- Compare Beyond Air's performance and market position to its competitors. Analyze how Beyond Air is positioned in terms of product offerings, innovation, and market share.
- Check if Beyond Air pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Beyond Air's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Beyond Air stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Beyond Air is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Beyond Air Stock
Researching Beyond Air's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 16.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.33. 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.
To determine if Beyond Air is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Beyond Air's research are outlined below:
| Beyond Air had very high historical volatility over the last 90 days | |
| Beyond Air has some characteristics of a very speculative penny stock | |
| 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. | |
| Roughly 16.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Beyond Air Stock Slides After Q2 Earnings Beat, Retails Confident - MSN |
Beyond Air Quarterly Long Term Debt |
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Beyond Air uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Beyond Air. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Beyond Air's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
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. Below are the table of largest EPS Surprises Beyond Air's investors have experienced.
| 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 | ||
2019-02-13 | 2018-12-31 | -0.22 | -0.28 | -0.06 | 27 | ||
2021-06-10 | 2021-03-31 | -0.31 | -0.24 | 0.07 | 22 | ||
2018-08-14 | 2018-06-30 | -0.29 | -0.36 | -0.07 | 24 | ||
2021-11-11 | 2021-09-30 | -0.28 | -0.36 | -0.08 | 28 | ||
2019-11-06 | 2019-09-30 | -0.3 | -0.38 | -0.08 | 26 |
Know Beyond Air's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Beyond Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Beyond Air backward and forwards among themselves. Beyond Air's institutional investor refers to the entity that pools money to purchase Beyond Air's securities or originate loans. 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 | State Street Corp | 2024-06-30 | 154.3 K | Northern Trust Corp | 2024-09-30 | 134.6 K | Citigroup Inc | 2024-06-30 | 133.2 K | Advisor Group Holdings, Inc. | 2024-06-30 | 129.6 K | Millennium Management Llc | 2024-06-30 | 89.2 K | Jane Street Group Llc | 2024-06-30 | 87.8 K | Point72 Asia (singapore) Pte. Ltd | 2024-06-30 | 87.6 K | Goss Wealth Management Llc | 2024-06-30 | 75.1 K | Citadel Advisors Llc | 2024-06-30 | 59.3 K | Aigh Capital Management, Llc | 2024-09-30 | 3.6 M | Kingdon Capital Management Llc | 2024-06-30 | 1.4 M |
Beyond Air's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.49 M.Market Cap |
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Beyond Air's profitablity analysis
| 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 |
Determining Beyond Air's profitability involves analyzing its financial statements and using various financial metrics to determine if Beyond Air is a good buy. For example, gross profit margin measures Beyond Air's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Beyond Air's profitability and make more informed investment decisions.
Evaluate Beyond Air's 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 11/22/2024, 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 11/22/2024, 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.
Beta (0.18) |
Basic technical analysis of Beyond Stock
As of the 22nd of November, Beyond Air shows the Risk Adjusted Performance of 0.056, downside deviation of 7.36, and Mean Deviation of 5.62. 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 0.54 per share. As Beyond Air is a penny stock we also strongly suggest to validate its total risk alpha numbers.Beyond Air's 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's Outstanding Corporate 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.
Understand Beyond Air's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Beyond Air's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.056 | |||
| Market Risk Adjusted Performance | 0.4503 | |||
| Mean Deviation | 5.62 | |||
| Semi Deviation | 6.37 | |||
| Downside Deviation | 7.36 | |||
| Coefficient Of Variation | 1618.78 | |||
| Standard Deviation | 6.98 | |||
| Variance | 48.67 | |||
| Information Ratio | 0.0461 | |||
| Jensen Alpha | 0.3259 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0437 | |||
| Treynor Ratio | 0.4403 | |||
| Maximum Drawdown | 32.6 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 10.42 | |||
| Downside Variance | 54.19 | |||
| Semi Variance | 40.56 | |||
| Expected Short fall | (7.05) | |||
| Skewness | (0.41) | |||
| Kurtosis | 0.6854 |
| Risk Adjusted Performance | 0.056 | |||
| Market Risk Adjusted Performance | 0.4503 | |||
| Mean Deviation | 5.62 | |||
| Semi Deviation | 6.37 | |||
| Downside Deviation | 7.36 | |||
| Coefficient Of Variation | 1618.78 | |||
| Standard Deviation | 6.98 | |||
| Variance | 48.67 | |||
| Information Ratio | 0.0461 | |||
| Jensen Alpha | 0.3259 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0437 | |||
| Treynor Ratio | 0.4403 | |||
| Maximum Drawdown | 32.6 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 10.42 | |||
| Downside Variance | 54.19 | |||
| Semi Variance | 40.56 | |||
| Expected Short fall | (7.05) | |||
| Skewness | (0.41) | |||
| Kurtosis | 0.6854 |
Consider Beyond Air's intraday 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.
| Accumulation Distribution | 25584.64 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 0.54 | |||
| Day Typical Price | 0.54 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 |
Beyond Stock media impact
Far too much social signal, news, headlines, and media speculation about Beyond Air that are available to investors today. That information is available publicly through Beyond media outlets and privately through word of mouth or via Beyond internal channels. However, regardless of the origin, that massive amount of Beyond data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Beyond Air news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Beyond Air relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Beyond Air's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Beyond Air alpha.
Beyond Air Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Beyond Air can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Beyond Air Corporate Management
| Duncan Fatkin | Chief Commercial Officer | Profile | |
| Giora MD | Chief Officer | Profile | |
| David Webster | Chief Officer | Profile | |
| Michael Gaul | Chief Officer | Profile | |
| Jeff MD | Chief Officer | Profile |
Already Invested in Beyond Air?
The danger of trading Beyond Air is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Beyond Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Beyond Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Beyond Air is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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.