Heartbeam Stock Analysis
BEAT Stock | USD 2.80 0.03 1.06% |
Heartbeam is undervalued with Real Value of 3.31 and Target Price of 5.39. The main objective of Heartbeam stock analysis is to determine its intrinsic value, which is an estimate of what Heartbeam is worth, separate from its market price. There are two main types of Heartbeam's stock analysis: fundamental analysis and technical analysis.
The Heartbeam 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. Heartbeam is usually not traded on Memorial Day, 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. Heartbeam Stock trading window is adjusted to America/New York timezone.
Heartbeam |
Heartbeam Stock Analysis Notes
About 29.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 1.67. Heartbeam recorded a loss per share of 0.68. The entity had not issued any dividends in recent years. HeartBeam, Inc., a medical technology company, primarily focuses on telemedicine solutions for the detection and monitoring of cardiac disease outside a healthcare facility setting. The company was incorporated in 2015 and is headquartered in Santa Clara, California. Heartbeam operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 5 people. For more info on Heartbeam please contact the company at 408 899 4443 or go to https://www.heartbeam.com.Heartbeam Investment Alerts
Heartbeam had very high historical volatility over the last 90 days | |
Net Loss for the year was (14.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Heartbeam currently holds about 9.27 M in cash with (12.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
Roughly 29.0% of the company shares are held by company insiders | |
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Heartbeam Upcoming and Recent Events
21st of March 2024 Upcoming Quarterly Report | View | |
9th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Heartbeam Largest EPS Surprises
Earnings surprises can significantly impact Heartbeam'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 | |||
---|---|---|---|---|---|---|---|
2015-02-19 | 2014-12-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2014-08-01 | 2014-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2011-08-08 | 2011-06-30 | -0.06 | -0.05 | 0.01 | 16 |
Heartbeam Environmental, Social, and Governance (ESG) Scores
Heartbeam's ESG score is a quantitative measure that evaluates Heartbeam's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Heartbeam's operations that may have significant financial implications and affect Heartbeam's stock price as well as guide investors towards more socially responsible investments.
Heartbeam 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 | Pasadena Private Wealth, Llc | 2024-09-30 | 60.6 K | Blackrock Inc | 2024-06-30 | 51.4 K | Advisory Research Inc | 2024-09-30 | 50 K | Northern Trust Corp | 2024-09-30 | 46.8 K | D'orazio & Associates Inc | 2024-09-30 | 33 K | Xtx Topco Ltd | 2024-09-30 | 14.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 14.5 K | Harbour Investments, Inc. | 2024-09-30 | 14.2 K | Advisor Group Holdings, Inc. | 2024-06-30 | 11.6 K | Vanguard Group Inc | 2024-09-30 | 750.7 K | Smith, Salley & Associates, Llc | 2024-09-30 | 250 K |
Heartbeam Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 75.46 M.Heartbeam Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.85) | (0.90) | |
Return On Capital Employed | (0.96) | (0.91) | |
Return On Assets | (0.85) | (0.90) | |
Return On Equity | (0.92) | (0.87) |
Management Efficiency
Heartbeam has return on total asset (ROA) of (0.6975) % which means that it has lost $0.6975 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1362) %, meaning that it created substantial loss on money invested by shareholders. Heartbeam's management efficiency ratios could be used to measure how well Heartbeam manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.9 in 2024. Return On Capital Employed is likely to gain to -0.91 in 2024. Change To Liabilities is likely to gain to about 1.9 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 16.3 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.78 | 0.74 | |
Tangible Book Value Per Share | 0.78 | 0.82 | |
Enterprise Value Over EBITDA | 46.81 | 49.15 | |
Price Book Value Ratio | 3.00 | 3.15 | |
Enterprise Value Multiple | 46.81 | 49.15 | |
Price Fair Value | 3.00 | 3.15 | |
Enterprise Value | 32.6 M | 45.9 M |
Evaluating the management effectiveness of Heartbeam allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Heartbeam Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta (0.99) | Return On Assets (0.70) | Return On Equity (1.14) |
Technical Drivers
As of the 26th of November, Heartbeam retains the market risk adjusted performance of 0.3362, and Risk Adjusted Performance of 0.072. Heartbeam technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Heartbeam Price Movement Analysis
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Heartbeam 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 Heartbeam insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heartbeam'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 Heartbeam 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.
Heartbeam Outstanding Bonds
Heartbeam 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. Heartbeam 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 Heartbeam bonds can be classified according to their maturity, which is the date when Heartbeam 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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AerCap Global Aviation Corp BondUS00773HAA59 | View |
Heartbeam Predictive Daily Indicators
Heartbeam 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 Heartbeam 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 | 6479.55 | |||
Daily Balance Of Power | (0.12) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 2.87 | |||
Day Typical Price | 2.85 | |||
Price Action Indicator | (0.09) | |||
Period Momentum Indicator | (0.03) |
Heartbeam Corporate Filings
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 20th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 11th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 10th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 4th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 29th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 27th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Heartbeam Forecast Models
Heartbeam's time-series forecasting models are one of many Heartbeam'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 Heartbeam'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 Heartbeam Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Heartbeam 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 Heartbeam 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 Heartbeam. By using and applying Heartbeam Stock analysis, traders can create a robust methodology for identifying Heartbeam entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.09 | 0.10 | |
Operating Profit Margin | 0.19 | 0.20 | |
Net Profit Margin | 0.10 | 0.10 | |
Gross Profit Margin | 0.56 | 0.46 |
Current Heartbeam Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Heartbeam 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. Heartbeam 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 | |
5.39 | Buy | 2 | Odds |
Most Heartbeam 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 Heartbeam stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Heartbeam, talking to its executives and customers, or listening to Heartbeam conference calls.
Heartbeam Stock Analysis Indicators
Heartbeam stock analysis indicators help investors evaluate how Heartbeam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Heartbeam shares will generate the highest return on investment. By understating and applying Heartbeam stock analysis, traders can identify Heartbeam position entry and exit signals to maximize returns.
Begin Period Cash Flow | 3.6 M | |
Common Stock Shares Outstanding | 20.3 M | |
Total Stockholder Equity | 15.9 M | |
Property Plant And Equipment Net | 256 K | |
Cash And Short Term Investments | 16.2 M | |
Cash | 16.2 M | |
Accounts Payable | 1192.00 | |
Net Debt | -16.2 M | |
50 Day M A | 2.3121 | |
Total Current Liabilities | 1.2 M | |
Other Operating Expenses | 15.3 M | |
Non Current Assets Total | 306 K | |
Non Currrent Assets Other | 50 K | |
Stock Based Compensation | 3.2 M |
Additional Tools for Heartbeam Stock Analysis
When running Heartbeam's price analysis, check to measure Heartbeam'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 Heartbeam is operating at the current time. Most of Heartbeam's value examination focuses on studying past and present price action to predict the probability of Heartbeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam's price. Additionally, you may evaluate how the addition of Heartbeam to your portfolios can decrease your overall portfolio volatility.