Timing is everything, especially when it comes to the stock market. Bridgeline Digital, trading under the ticker BLIN on NASDAQ, has been catching the eye of investors due to its recent price swings. With a Price Action Indicator of 0.18 and a Rate of Daily Change at 1.16, the stock's movements suggest a dynamic environment ripe for those looking to leverage volatility. Despite a fiscal year ending in September with a loss, the Analyst Overall Consensus remains a Buy, hinting at potential upside. The Analyst Target Price Estimated Value stands at $3.17, offering a glimpse of optimism for those willing to navigate the current market conditions. As the technology sector continues to evolve, understanding these indicators could be key to making informed decisions about Bridgeline Digital. Bridgeline Digital is currently delivering an average daily return of 0.4362%, with a risk factor of 4.7534% over the next 60 days. While some investors are drawn to the software sector's potential, others are cautious about Bridgeline Digital's current volatility. Let's explore why this year might bring new opportunities for Bridgeline Digital shareholders.
Bridgeline Digital has about $3.89 million in cash and generates $277,000 in positive cash flow from its operations. This gives the company a cash-per-share (CPS) ratio of $0.38.
Top Findings
Bridgeline Digital (NASDAQ: BLIN) has been making waves with its notable volatility, highlighted by a coefficient of variation standing at an impressive 3.4K, which suggests significant price fluctuations that traders could potentially exploit for profit. Coupled with a high downside variance of 18.58, this stock exhibits a considerable risk factor, making it an intriguing choice for those who thrive on dynamic market movements and are looking to leverage short-term trading opportunities.Bridgeline Digital
financial leverage refers to using borrowed capital as a funding source to finance Bridgeline Digital ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Bridgeline Digital financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Bridgeline Digital's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Bridgeline Digital's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Bridgeline Digital's total debt and its cash.
Bridgeline Digital reported last year
Other Non Cash Items of
(87,400). To perform a cash flow analysis of Bridgeline Digital, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Bridgeline Digital is receiving and how much cash it distributes out in a given period. The Bridgeline Digital cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Bridgeline Digital reported the previous year's revenue of 15.88
M. Net Loss for the year was (9.44
M) with profit before overhead, payroll, taxes, and interest of 11.7
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 11.7M | 10.9M | 12.5M | 9.9M | Total Revenue | 16.8M | 15.9M | 18.3M | 18.2M |
Volatility is the price of admission for the chance to capture higher returns, and Bridgeline Digital's current market behavior might just be an opportunity for savvy investors.
With a beta of 1.96, the stock shows a higher sensitivity to market movements, suggesting that its price can swing more dramatically than the broader market. This could appeal to traders looking to capitalize on short-term price fluctuations, especially considering the stock's potential upside of 8.76%. However, with a return on equity showing losses of 0.64 and a probability of bankruptcy at 45.49%, it's crucial to weigh these opportunities against the inherent risks. For those willing to embrace the turbulence, Bridgeline Digital's current landscape offers both promise and peril..
Bridgeline Digital implied volatility may change after the roll up
Bridgeline Digital's recent upswing of over 27.46% indicates notable price swings, suggesting possible changes in market sentiment. This volatility might affect implied volatility, especially as the company pursues a roll-up strategy. Investors should monitor these developments closely, as they could offer both opportunities and risks based on market reactions to these strategic changes. Bridgeline Digital exhibits above-average downside volatility over the selected period. Recognizing market volatility trends can help investors make timely decisions.
By using volatility indicators, traders can assess Bridgeline Digital's stock risk relative to market volatility during both upward and downward trends. The increased volatility typical of bear markets can significantly impact Bridgeline Digital's stock price, prompting investors to adjust their portfolios by acquiring different assets as prices decline.Considering the current dynamics surrounding Bridgeline Digital, it might be prudent to reassess your position. While the stock has an Analyst Overall Consensus of "Buy," the valuation metrics suggest a more cautious approach. The Valuation Real Value stands at 1.8, which is relatively close to the Valuation Market Value of 1.45, indicating limited upside potential. Additionally, the Analyst Target Price Estimated Value of 3.17 suggests some room for growth, but it's essential to weigh this against your investment goals and risk tolerance. If you're looking for more substantial returns or have concerns about market volatility, it might be time to explore other opportunities..
Nico Santiago is a PR Contributor to Macroaxis Editorial Board. Nico is a relatively new author here at Macroaxis and he likes to work on advertising and sponsored content and marketing for the company. Nico spends most of his time surfing when the weather is nice and he spends the rest of the year writing for various blogs and companies, as he works on his upcoming books, The Rise of the Financial Machines and Time Series Modelling with AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Nico Santiago do not own shares of Bridgeline Digital. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com