Blade Air Mobility Stock Today

BLDE Stock  USD 3.30  0.09  2.80%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 46

 
High
 
Low
About Average
Blade Air is trading at 3.30 as of the 25th of November 2024, a 2.80 percent increase since the beginning of the trading day. The stock's lowest day price was 3.27. Blade Air has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Blade Air Mobility are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
5th of November 2019
Category
Industrials
Blade Air Mobility, Inc. provides air transportation alternatives to the congested ground routes in the United States. The company was founded in 2014 and is headquartered in New York, New York. Blade Air is traded on NASDAQ Exchange in the United States. The company has 78.31 M outstanding shares of which 3.57 M shares are currently shorted by private and institutional investors with about 7.96 trading days to cover. More on Blade Air Mobility

Moving together with Blade Stock

  0.75BLDEW Blade Air MobilityPairCorr

Moving against Blade Stock

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Blade Stock Highlights

ESG Sustainability
Environmental
Governance
Social
General PresidentMelissa Tomkiel
Business ConcentrationPassenger Airlines, Airports & Air Services, Industrials, NASDAQ Composite, Industrials, Passenger Airlines, Airports & Air Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.52
Significantly Up
Slightly volatile
Gross Profit Margin0.120.14
Fairly Down
Slightly volatile
Total Current Liabilities18 M35.5 M
Way Down
Slightly volatile
Non Current Liabilities Total20 M25.1 M
Significantly Down
Slightly volatile
Total Assets275 M294.9 M
Significantly Down
Very volatile
Total Current Assets222.2 M206.3 M
Significantly Up
Slightly volatile
Debt Levels
Blade Air 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 Blade Air's financial leverage. It provides some insight into what part of Blade Air's total assets is financed by creditors.
Liquidity
Blade Air Mobility currently holds 60.64 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Blade Air Mobility has a current ratio of 14.73, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Blade Air's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(14.63 Million)
Blade Air Mobility (BLDE) is traded on NASDAQ Exchange in USA. It is located in 55 Hudson Yards, New York, NY, United States, 10001 and employs 231 people. Blade Air is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 258.44 M. Blade Air Mobility conducts business under Passenger Airlines sector and is part of Industrials industry. The entity has 78.31 M outstanding shares of which 3.57 M shares are currently shorted by private and institutional investors with about 7.96 trading days to cover. Blade Air Mobility currently holds about 256.16 M in cash with (32.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Blade Air Probability Of Bankruptcy
Ownership Allocation
Blade Air holds a total of 78.31 Million outstanding shares. The majority of Blade Air Mobility outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Blade Air Mobility to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Blade Air. Please pay attention to any change in the institutional holdings of Blade Air Mobility as this could imply that something significant has changed or is about to change at the company. 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 Blade Ownership Details

Blade Stock Institutional Holders

InstituionRecorded OnShares
Uniplan Investment Counsel, Inc.2024-06-30
844.8 K
Tidal Investments Llc.2024-09-30
655.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
627.2 K
Aqr Capital Management Llc2024-06-30
546.6 K
Empyrean Capital Partners, Lp2024-09-30
500 K
Northern Trust Corp2024-09-30
471.6 K
J. Goldman & Co Lp2024-09-30
462.5 K
Goldman Sachs Group Inc2024-06-30
443.8 K
Raymond James & Associates2024-09-30
440.6 K
Ark Investment Management Llc2024-09-30
7.2 M
Nikko Asset Management Americas Inc2024-06-30
M
View Blade Air Diagnostics

Blade Air Historical Income Statement

At present, Blade Air's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 236.4 M, whereas Interest Income is forecasted to decline to about 5.7 M. View More Fundamentals

Blade Stock Against Markets

Blade Air Corporate Management

When determining whether Blade Air Mobility is a strong investment it is important to analyze Blade Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blade Air's future performance. For an informed investment choice regarding Blade Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Passenger Airlines 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 Blade Air. If investors know Blade 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 Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.69)
Revenue Per Share
1.244
Quarterly Revenue Growth
2.083
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air's 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 Blade Air's market value can be influenced by many factors that don't directly affect Blade Air's 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 Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air's 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.