Beyond Air Inc's fundamentals are relatively healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 113 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 9.00.In the medium term, the stock price is expected to trend down.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Beyond Air Inc is 5.96, ranking 179 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 1.82M, representing a year-over-year increase of 127.82%, while its net profit experienced a year-over-year increase of 40.56%.
Key Metrics
The current valuation score of Beyond Air Inc is 7.66, ranking 69 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -0.21, which is -97.88% below the recent high of -0.00 and -90.38% above the recent low of -0.40.
The current earnings forecast score of Beyond Air Inc is 7.60, ranking 123 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 8.50, with a high of 14.00 and a low of 5.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Beyond Air Inc is 6.75, ranking 92 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 2.26 and the support level at 0.44, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Beyond Air Inc is 3.00, ranking 134 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 21.71%, representing a quarter-over-quarter increase of 20.17%. The largest institutional shareholder is The Vanguard, holding a total of 60.44K shares, representing 0.71% of shares outstanding, with 50.56% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Beyond Air Inc is 1.74, ranking 176 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.40. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Beyond Air Inc’s latest ESG disclosure is at an average level in the Healthcare Equipment & Supplies industry, showing no material impact on overall risk.
