Biovie Inc Stock Analysis

BIVI Stock  USD 2.82  0.18  6.00%   
Biovie Inc is undervalued with Real Value of 4.8 and Target Price of 11.5. The main objective of Biovie stock analysis is to determine its intrinsic value, which is an estimate of what Biovie Inc is worth, separate from its market price. There are two main types of Biovie's stock analysis: fundamental analysis and technical analysis.
The Biovie 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Biovie's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biovie Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Biovie Stock Analysis Notes

About 14.0% of the company shares are held by company insiders. The book value of Biovie was currently reported as 2.51. The company recorded a loss per share of 5.08. Biovie Inc last dividend was issued on the 22nd of November 2019. The entity had 1:10 split on the 6th of August 2024. BioVie Inc., a clinical stage biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of chronic debilitating conditions in the United States. BioVie Inc. was incorporated in 2013 and is headquartered in Carson City, Nevada. BioVie operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 13 people. For more info on Biovie Inc please contact Cuong MBA at 775 888 3162 or go to https://bioviepharma.com.

Biovie Inc Investment Alerts

Biovie Inc is way too risky over 90 days horizon
Biovie Inc appears to be risky and price may revert if volatility continues
Biovie Inc has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (32.12 M) with profit before overhead, payroll, taxes, and interest of 0.
Biovie Inc currently holds about 18.64 M in cash with (27.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Biovie Inc has a frail financial position based on the latest SEC disclosures
Roughly 14.0% of the company shares are held by company insiders
Latest headline from seekingalpha.com: BioVie files to sell 7.71M shares of common stock for holders

Biovie Inc Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Biovie 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.
9th of February 2024
Upcoming Quarterly Report
View
10th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of August 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

Biovie Largest EPS Surprises

Earnings surprises can significantly impact Biovie'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
2022-09-27
2022-06-30-0.37-0.330.0410 
2023-05-12
2023-03-31-0.35-0.43-0.0822 
2024-02-13
2023-12-31-0.32-0.220.131 
View All Earnings Estimates

Biovie Environmental, Social, and Governance (ESG) Scores

Biovie's ESG score is a quantitative measure that evaluates Biovie'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 Biovie's operations that may have significant financial implications and affect Biovie's stock price as well as guide investors towards more socially responsible investments.

Biovie Stock Institutional Investors

Shares
New York State Common Retirement Fund2024-06-30
35.0
Harbour Investments, Inc.2024-09-30
30.0
Jaffetilchin Investment Partners, Llc2024-09-30
21.0
Citigroup Inc2024-09-30
4.0
Sanctuary Wealth Management, Llc2024-09-30
1.0
Envestnet Asset Management Inc2024-09-30
0.0
Spire Wealth Management2024-09-30
0.0
Citadel Advisors Llc2024-06-30
0.0
Millennium Management Llc2024-06-30
0.0
Vanguard Group Inc2024-09-30
56.8 K
Geode Capital Management, Llc2024-09-30
38.2 K
Note, although Biovie's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Biovie Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 53.3 M.

Biovie Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(1.31)(1.38)
Return On Capital Employed(2.03)(2.13)
Return On Assets(1.27)(1.34)
Return On Equity(2.07)(2.18)

Management Efficiency

Biovie Inc has return on total asset (ROA) of (0.6669) % which means that it has lost $0.6669 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.0826) %, meaning that it created substantial loss on money invested by shareholders. Biovie's management efficiency ratios could be used to measure how well Biovie manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -1.38. The current Return On Capital Employed is estimated to decrease to -2.13. As of now, Biovie's Non Current Assets Total are increasing as compared to previous years. The Biovie's current Other Assets is estimated to increase to 5,509, while Non Currrent Assets Other are projected to decrease to 0.00.
Last ReportedProjected for Next Year
Book Value Per Share 3.43  3.72 
Tangible Book Value Per Share 3.26  3.43 
Enterprise Value Over EBITDA(0.03)(0.03)
Price Book Value Ratio 1.22  1.15 
Enterprise Value Multiple(0.03)(0.03)
Price Fair Value 1.22  1.15 
Enterprise Value998.9 K887.9 K
The leadership approach at Biovie's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta
0.902
Return On Assets
(0.67)
Return On Equity
(2.08)

Technical Drivers

As of the 27th of November, Biovie shows the Downside Deviation of 11.98, mean deviation of 7.35, and Risk Adjusted Performance of 0.0591. Biovie Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Biovie Inc Price Movement Analysis

Execute Study
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Biovie Inc 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 Biovie insiders, such as employees or executives, is commonly permitted as long as it does not rely on Biovie'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 Biovie 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.

Biovie Outstanding Bonds

Biovie 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. Biovie Inc 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 Biovie bonds can be classified according to their maturity, which is the date when Biovie Inc 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.

Biovie Predictive Daily Indicators

Biovie 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 Biovie 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.

Biovie Corporate Filings

22nd of November 2024
Other Reports
ViewVerify
S1
21st of November 2024
Report filed by companies planning on going public to register their securities with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
10Q
13th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
8th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
29th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
25th of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
24th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
22nd of October 2024
Other Reports
ViewVerify

Biovie Forecast Models

Biovie's time-series forecasting models are one of many Biovie'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 Biovie'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 Biovie Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Biovie 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 Biovie 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 Biovie. By using and applying Biovie Stock analysis, traders can create a robust methodology for identifying Biovie entry and exit points for their positions.
Last ReportedProjected for Next Year

Current Biovie Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Biovie 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. Biovie 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 PriceAdvice# of Analysts
11.5Strong Buy1Odds
Biovie Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Biovie 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 Biovie stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Biovie Inc, talking to its executives and customers, or listening to Biovie conference calls.
Biovie Analyst Advice Details

Biovie Stock Analysis Indicators

Biovie Inc stock analysis indicators help investors evaluate how Biovie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Biovie shares will generate the highest return on investment. By understating and applying Biovie stock analysis, traders can identify Biovie position entry and exit signals to maximize returns.
Begin Period Cash Flow19.5 M
Common Stock Shares Outstanding4.5 M
Total Stockholder Equity15.5 M
Property Plant And Equipment Net406.7 K
Cash And Short Term Investments23.8 M
Cash23.8 M
Accounts Payable3.6 M
Net Debt-17.7 M
50 Day M A2.2815
Total Current Liabilities9.4 M
Other Operating Expenses32.2 M
Non Current Assets Total1.2 M
Stock Based Compensation4.7 M

Complementary Tools for Biovie Stock analysis

When running Biovie's price analysis, check to measure Biovie'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 Biovie is operating at the current time. Most of Biovie's value examination focuses on studying past and present price action to predict the probability of Biovie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biovie's price. Additionally, you may evaluate how the addition of Biovie to your portfolios can decrease your overall portfolio volatility.
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