Butterfly Network Stock Today

BFLY Stock  USD 3.29  0.03  0.90%   

Performance

24 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Butterfly Network is trading at 3.29 as of the 21st of November 2024; that is 0.9 percent decrease since the beginning of the trading day. The stock's open price was 3.32. Butterfly Network has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Butterfly Network are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
13th of July 2020
Category
Healthcare
Classification
Health Care
Butterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. Butterfly Network, Inc. was incorporated in 2011 and is headquartered in Guilford, Connecticut. The company has 186.64 M outstanding shares of which 13.23 M shares are currently shorted by private and institutional investors with about 7.79 trading days to cover. More on Butterfly Network

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Butterfly Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOTodd Fruchterman
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.2166
Way Down
Slightly volatile
Total Current Liabilities43.3 M44.3 M
Fairly Down
Slightly volatile
Non Current Liabilities Total38 M40 M
Notably Down
Slightly volatile
Total Assets353.4 M304.3 M
Fairly Up
Slightly volatile
Total Current Assets283.4 M231.3 M
Fairly Up
Pretty Stable
Debt Levels
Butterfly Network can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Butterfly Network's financial leverage. It provides some insight into what part of Butterfly Network's total assets is financed by creditors.
Liquidity
Butterfly Network currently holds 25.03 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Butterfly Network has a current ratio of 6.7, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Butterfly Network's use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

216,600
Butterfly Network (BFLY) is traded on New York Stock Exchange in USA. It is located in 1600 District Avenue, Burlington, MA, United States, 01803 and employs 225 people. Butterfly Network is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 707.37 M. Butterfly Network conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 186.64 M outstanding shares of which 13.23 M shares are currently shorted by private and institutional investors with about 7.79 trading days to cover. Butterfly Network currently holds about 310.8 M in cash with (98.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.56.
Check Butterfly Network Probability Of Bankruptcy
Ownership Allocation
Butterfly Network holds a total of 186.64 Million outstanding shares. Butterfly Network shows significant amount of outstanding shares owned by insiders and institutional investors . Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Butterfly Ownership Details

Butterfly Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
1.2 M
Bill & Melinda Gates Foundation2024-06-30
M
Cetera Investment Advisers2024-06-30
M
Charles Schwab Investment Management Inc2024-09-30
955.3 K
Gsa Capital Partners Llp2024-09-30
925.5 K
D. E. Shaw & Co Lp2024-06-30
783.3 K
State Street Corp2024-06-30
771.2 K
Nikko Asset Management Americas Inc2024-06-30
745.3 K
Isthmus Partners Llc2024-09-30
689.2 K
Ark Investment Management Llc2024-06-30
11 M
Fosun International Ltd2024-09-30
10.7 M
View Butterfly Network Diagnostics

Butterfly Network Historical Income Statement

At this time, Butterfly Network's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to rise to about 7.8 M in 2024, whereas EBIT is likely to drop (140.3 M) in 2024. View More Fundamentals

Butterfly Stock Against Markets

Butterfly Network Corporate Management

David RamseyChief OfficerProfile
John HammergrenIndependent DirectorProfile
Dawn CarforaIndependent DirectorProfile
Stacey PughChief Commercial OfficerProfile
John MartinChief Medical OfficerProfile

Additional Tools for Butterfly Stock Analysis

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