Bionano Genomics Stock Analysis
BNGO Stock | USD 0.19 0.02 9.52% |
Bionano Genomics is undervalued with Real Value of 0.39 and Target Price of 1.0. The main objective of Bionano Genomics stock analysis is to determine its intrinsic value, which is an estimate of what Bionano Genomics is worth, separate from its market price. There are two main types of Bionano Genomics' stock analysis: fundamental analysis and technical analysis.
The Bionano Genomics 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. Bionano Genomics is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Bionano Stock trading window is adjusted to America/New York timezone.
Bionano |
Bionano Stock Analysis Notes
The company has price-to-book (P/B) ratio of 0.55. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bionano Genomics recorded a loss per share of 2.3. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 7th of August 2023. Bionano Genomics, Inc. provides genome analysis software solutions. The company was founded in 2003 and is headquartered in San Diego, California. Bionano Genomics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 299 people. For more info on Bionano Genomics please contact Robert MBA at 858 888 7600 or go to https://www.bionano.com.Bionano Genomics Quarterly Total Revenue |
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Bionano Genomics Investment Alerts
Bionano Genomics generated a negative expected return over the last 90 days | |
Bionano Genomics has high historical volatility and very poor performance | |
Bionano Genomics has some characteristics of a very speculative penny stock | |
Bionano Genomics has a very high chance of going through financial distress in the upcoming years | |
The company reported the previous year's revenue of 36.12 M. Net Loss for the year was (232.49 M) with profit before overhead, payroll, taxes, and interest of 10.6 M. | |
Bionano Genomics currently holds about 187.34 M in cash with (125.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Bionano Genomics has a poor financial position based on the latest SEC disclosures | |
Latest headline from news.google.com: Bionano Genomics shareholders approve stock issuance and reverse split - Investing.com |
Bionano Genomics Upcoming and Recent Events
Earnings reports are used by Bionano Genomics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
14th of March 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
14th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Bionano Largest EPS Surprises
Earnings surprises can significantly impact Bionano Genomics' 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 | |||
---|---|---|---|---|---|---|---|
2021-11-04 | 2021-09-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2021-08-04 | 2021-06-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2023-03-09 | 2022-12-31 | -0.11 | -0.13 | -0.02 | 18 |
Bionano Stock Institutional Investors
Shares | Archford Capital Strategies, Llc | 2024-09-30 | 69.6 K | Susquehanna International Group, Llp | 2024-09-30 | 49.2 K | Inspire Advisors, Llc | 2024-09-30 | 37.3 K | Golden State Equity Partners | 2024-09-30 | 26.5 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 25.7 K | Two Sigma Investments Llc | 2024-09-30 | 23.7 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 19.6 K | Tower Research Capital Llc | 2024-09-30 | 17 K | Engineers Gate Manager Lp | 2024-09-30 | 15 K | Vanguard Group Inc | 2024-09-30 | 2.2 M | Geode Capital Management, Llc | 2024-09-30 | 882.9 K |
Bionano Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.04 M.Bionano Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (1.16) | (1.22) | |
Return On Capital Employed | (1.69) | (1.78) | |
Return On Assets | (0.98) | (1.02) | |
Return On Equity | (2.78) | (2.92) |
Management Efficiency
Bionano Genomics has return on total asset (ROA) of (0.3264) % which means that it has lost $0.3264 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3833) %, meaning that it created substantial loss on money invested by shareholders. Bionano Genomics' management efficiency ratios could be used to measure how well Bionano Genomics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of January 2025, Return On Tangible Assets is likely to drop to -1.22. In addition to that, Return On Capital Employed is likely to drop to -1.78. At this time, Bionano Genomics' Net Tangible Assets are very stable compared to the past year. As of the 19th of January 2025, Non Currrent Assets Other is likely to grow to about 9 M, while Total Assets are likely to drop about 142.9 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 2.53 | 2.66 | |
Tangible Book Value Per Share | 1.64 | 1.72 | |
Enterprise Value Over EBITDA | (0.68) | (0.71) | |
Price Book Value Ratio | 0.60 | 0.57 | |
Enterprise Value Multiple | (0.68) | (0.71) | |
Price Fair Value | 0.60 | 0.57 | |
Enterprise Value | 269.1 M | 282.5 M |
At Bionano Genomics, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Technical Drivers
As of the 19th of January, Bionano Genomics shows the Risk Adjusted Performance of (0.06), standard deviation of 8.07, and Mean Deviation of 5.13. Bionano Genomics 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.Bionano Genomics Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bionano Genomics 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 Bionano Genomics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Bionano Genomics 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 Bionano Genomics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Bionano Genomics' 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 Bionano Genomics 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.
Bionano Genomics Outstanding Bonds
Bionano Genomics 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. Bionano Genomics 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 Bionano bonds can be classified according to their maturity, which is the date when Bionano Genomics 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.
International Game Technology Corp BondUS460599AD57 | View | |
AerCap Global Aviation Corp BondUS00773HAA59 | View |
Bionano Genomics Predictive Daily Indicators
Bionano Genomics 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 Bionano Genomics 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.
Bionano Genomics Forecast Models
Bionano Genomics' time-series forecasting models are one of many Bionano Genomics' 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 Bionano Genomics' 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 Bionano Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Bionano Genomics 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 Bionano 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 Bionano Genomics. By using and applying Bionano Stock analysis, traders can create a robust methodology for identifying Bionano entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (7.40) | (7.77) | |
Operating Profit Margin | (6.85) | (7.20) | |
Net Loss | (7.40) | (7.77) | |
Gross Profit Margin | 0.30 | 0.34 |
Current Bionano Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bionano 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. Bionano 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 | |
1.0 | Hold | 4 | Odds |
Most Bionano 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 Bionano stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bionano Genomics, talking to its executives and customers, or listening to Bionano conference calls.
Bionano Stock Analysis Indicators
Bionano Genomics stock analysis indicators help investors evaluate how Bionano Genomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bionano Genomics shares will generate the highest return on investment. By understating and applying Bionano Genomics stock analysis, traders can identify Bionano Genomics position entry and exit signals to maximize returns.
Begin Period Cash Flow | 5.5 M | |
Common Stock Shares Outstanding | 34.1 M | |
Total Stockholder Equity | 96.2 M | |
Tax Provision | 62 K | |
Property Plant And Equipment Net | 32.5 M | |
Cash And Short Term Investments | 101.9 M | |
Cash | 17.9 M | |
Accounts Payable | 10.4 M | |
Net Debt | 61.5 M | |
50 Day M A | 0.2416 | |
Total Current Liabilities | 100 M | |
Other Operating Expenses | 251.4 M | |
Non Current Assets Total | 74.3 M | |
Non Currrent Assets Other | 7.4 M | |
Stock Based Compensation | 15.2 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bionano Genomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Bionano Stock, please use our How to Invest in Bionano Genomics guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bionano Genomics. If investors know Bionano will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bionano Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.30) | Revenue Per Share | Quarterly Revenue Growth (0.10) | Return On Assets | Return On Equity |
The market value of Bionano Genomics is measured differently than its book value, which is the value of Bionano that is recorded on the company's balance sheet. Investors also form their own opinion of Bionano Genomics' value that differs from its market value or its book value, called intrinsic value, which is Bionano Genomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bionano Genomics' market value can be influenced by many factors that don't directly affect Bionano Genomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bionano Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bionano Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bionano Genomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.