NASDAQ:BDSX

Biodesix (BDSX) Stock Price, News & Analysis

$1.58
+0.01 (+0.64%)
(As of 05/17/2024 ET)
Today's Range
$1.56
$1.58
50-Day Range
$1.21
$1.58
52-Week Range
$1.03
$2.21
Volume
50,929 shs
Average Volume
138,384 shs
Market Capitalization
$180.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.10

Biodesix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
96.8% Upside
$3.10 Price Target
Short Interest
Healthy
0.30% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of Biodesix in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$8,025 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.44) to ($0.38) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Medical Sector

400th out of 921 stocks

Medical Laboratories Industry

10th out of 19 stocks

BDSX stock logo

About Biodesix Stock (NASDAQ:BDSX)

Biodesix, Inc. operates as a data-driven diagnostic solutions company in the United States. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests, together marketed as part of Nodify Lung Nodule Risk Assessment testing strategy, to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. It also provides GeneStrat ddPCR and NGS, and VeriStrat tests, which are used in the diagnosis of lung cancer to measure the presence of mutations in the tumor and the state of the patient's immune system to establish the patient's prognosis and help guide treatment decisions. In addition, the company, through its partnership with Bio-Rad Laboratories, Inc., provides Bio-Rad SARS-CoV-2 ddPCR, a COVID-19 Test under Biodesix WorkSafe testing program; and Platelia SARS-CoV-2 Total Ab test, an antibody test for detecting a B-cell immune response to SARS-CoV-2 that indicate recent or prior infection. Further, it offers diagnostic and clinical research, as well as clinical trial testing services to biopharmaceutical companies; and discovers, develops, and commercializes companion diagnostics. The company was formerly known as Elston Technologies, Inc. and as changed to Biodesix, Inc. in 2006. Biodesix, Inc. was incorporated in 2005 and is headquartered in Louisville, Colorado.

BDSX Stock Price History

BDSX Stock News Headlines

TD Cowen Begins Coverage on Biodesix (NASDAQ:BDSX)
S&P 500 Gains Over 1%; GCT Semiconductor Shares Spike Higher
Gold Surges Over 1%; Biodesix Shares Plummet
Biodesix Inc CEO Scott Hutton Sells 64,390 Shares
See More Headlines
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Company Calendar

Last Earnings
3/01/2024
Today
5/17/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:BDSX
Fax
N/A
Employees
217
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.10
High Stock Price Target
$3.50
Low Stock Price Target
$2.80
Potential Upside/Downside
+96.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-52,150,000.00
Pretax Margin
-85.80%
Return on Equity
-29,379.44%

Debt

Sales & Book Value

Annual Sales
$49.09 million
Book Value
($0.05) per share

Miscellaneous

Free Float
41,516,000
Market Cap
$181.21 million
Optionable
Optionable
Beta
1.15
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Key Executives


BDSX Stock Analysis - Frequently Asked Questions

Should I buy or sell Biodesix stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Biodesix in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BDSX shares.
View BDSX analyst ratings
or view top-rated stocks.

What is Biodesix's stock price target for 2024?

5 equities research analysts have issued 1 year price objectives for Biodesix's stock. Their BDSX share price targets range from $2.80 to $3.50. On average, they expect the company's stock price to reach $3.10 in the next twelve months. This suggests a possible upside of 96.8% from the stock's current price.
View analysts price targets for BDSX
or view top-rated stocks among Wall Street analysts.

How have BDSX shares performed in 2024?

Biodesix's stock was trading at $1.84 at the beginning of 2024. Since then, BDSX shares have decreased by 14.4% and is now trading at $1.5750.
View the best growth stocks for 2024 here
.

When is Biodesix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our BDSX earnings forecast
.

How were Biodesix's earnings last quarter?

Biodesix, Inc. (NASDAQ:BDSX) announced its earnings results on Friday, March, 1st. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.01. The firm earned $14.67 million during the quarter, compared to the consensus estimate of $15.76 million. Biodesix had a negative trailing twelve-month return on equity of 29,379.44% and a negative net margin of 85.80%.

What guidance has Biodesix issued on next quarter's earnings?

Biodesix issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $65.0 million-$68.0 million, compared to the consensus revenue estimate of $66.2 million.

When did Biodesix IPO?

Biodesix (BDSX) raised $76 million in an IPO on Wednesday, October 28th 2020. The company issued 4,200,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley and William Blair acted as the underwriters for the IPO and Canaccord Genuity and BTIG were co-managers.

Who are Biodesix's major shareholders?

Biodesix's stock is owned by many different retail and institutional investors. Top institutional shareholders include Essex Investment Management Co. LLC (0.81%), Oracle Investment Management Inc. (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Charles M Watts, Chris Vazquez, Gary Anthony Pestano, Hany Massarany, Jack W Schuler, John Patience, Kieran O'kane, Matthew Strobeck, Robert William Georgantas III, Robin Harper Cowie, Ryan H Siurek and Scott Hutton.
View institutional ownership trends
.

How do I buy shares of Biodesix?

Shares of BDSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BDSX) was last updated on 5/17/2024 by MarketBeat.com Staff

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