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Beyond Air Inc (XAIR)
NASDAQ:XAIR
Beyond Air (XAIR) Stock Price & Analysis
362 Followers
XAIR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.17 - $6.36
Previous Close$1.33
Volume157.42K
Average Volume (3M)297.27K
Market Cap
$59.67M
Enterprise Value$48.00M
Total Cash (Recent Filing)$31.26M
Total Debt (Recent Filing)$16.93M
Price to Earnings (P/E)-0.6
Beta1.21
Next Earnings
Jun 25, 2024EPS Estimate
-$0.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.11
Shares Outstanding36,039,056
10 Day Avg. Volume159,359
30 Day Avg. Volume297,267
Standard Deviation0.17
R-Squared0.00320
Alpha-0.00014
Financial Highlights & Ratios
Price to Book (P/B)2.42
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-0.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue35.68
Enterprise Value/Gross Profit-86.48
Enterprise Value/Ebitda-0.73
Forecast
1Y Price Target
$7.00Price Target Upside426.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Beyond Air News
PremiumCompany Announcements
Beyond Air’s Annual Meeting: Board Elections and Incentive Plan Expansion
PremiumCompany Announcements
Beyond Air’s Former CMO Becomes Paid Consultant
Bulls Say, Bears Say
Bulls Say
Financial GuidanceXAIR's management team provides a revenue guidance range of $12M-$16M for FY2025, reflecting confidence in the company's growth trajectory.
Market ExpansionThe number of hospitals using LungFit PH has more than doubled, indicating significant market expansion and increased product adoption among healthcare providers.
Strategic Contract WinsXAIR's recent contract win with Vizient, whose members have over $130B in annual purchasing volume, represents a major growth opportunity for the company.
Bears Say
Contracts ForecastAnalysts adjust Beyond Air's contract forecasts downwards, reflecting concerns about the company's growth prospects.
EarningsBeyond Air's revenue falls short of market expectations, signaling potential underlying business challenges.
Revenue ComparisonDespite exceeding some predictions, Beyond Air's revenue underperformance compared to the broader consensus raises questions about its market positioning.
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Ownership Overview
13.53% Insiders
5.37% Mutual Funds
5.08% Other Institutional Investors
76.02% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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XAIR FAQ
What was Beyond Air Inc’s price range in the past 12 months?
Beyond Air Inc lowest stock price was $1.17 and its highest was $6.36 in the past 12 months.
What is Beyond Air Inc’s market cap?
Currently, no data Available
When is Beyond Air Inc’s upcoming earnings report date?
Beyond Air Inc’s upcoming earnings report date is Jun 25, 2024 which is in 67 days.
How were Beyond Air Inc’s earnings last quarter?
Beyond Air Inc released its earnings results on Feb 12, 2024. The company reported -$0.5 earnings per share for the quarter, beating the consensus estimate of -$0.54 by $0.04.
Is Beyond Air Inc overvalued?
According to Wall Street analysts Beyond Air Inc’s price is currently Undervalued.
Does Beyond Air Inc pay dividends?
Beyond Air Inc does not currently pay dividends.
What is Beyond Air Inc’s EPS estimate?
Beyond Air Inc’s EPS estimate is -$0.49.
How many shares outstanding does Beyond Air Inc have?
Beyond Air Inc has 45,900,820 shares outstanding.
What happened to Beyond Air Inc’s price movement after its last earnings report?
Beyond Air Inc reported an EPS of -$0.5 in its last earnings report, beating expectations of -$0.54. Following the earnings report the stock price went down -17.674%.
Which hedge fund is a major shareholder of Beyond Air Inc?
Among the largest hedge funds holding Beyond Air Inc’s share is Wexford Capital LP. It holds Beyond Air Inc’s shares valued at 26K.
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Beyond Air Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.00 (426.32% Upside)
$7.00 (426.32% Upside)
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 8.0%
Last 30 Days ▼ 8.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-78.51%
12-Months-Change
Fundamentals
Return on Equity
-185.90%
Trailing 12-Months
Asset Growth
-29.81%
Trailing 12-Months
Company Description
Beyond Air Inc
Beyond Air, Inc. is a clinical-stage medical device and biopharmaceutical company. It engages in the developing a nitric oxide generator and delivery system that uses nitric oxide generated from ambient air and delivers precise amounts of nitric oxide to the lungs for the potential treatment of respiratory and other diseases. The company develops LungFit platform system, a generator and delivery system that produces nitric oxide from ambient air, eliminating the need for expensive and cumbersome cylinders. Beyond Air was founded in 2011 and is headquartered in Garden City, NY.
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XAIR Earnings Call
Q3 2024
0:00 / 0:00
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XAIR Stock 12 Months Forecast
Average Price Target
$7.00
▲(426.32% Upside)
Technical Analysis
Best Analysts Covering XAIR
1 Year
1 Year Success Rate
2/7 ratings generated profit
1 Year Average Return
-31.54%
reiterated a buy rating 10 months ago
Copying Scott Henry's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -31.54% per trade.
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