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NASDAQ:XAIR

Beyond Air (XAIR) Stock Price, News & Analysis

Beyond Air logo
$0.50 +0.01 (+2.32%)
(As of 09:37 AM ET)

About Beyond Air Stock (NASDAQ:XAIR)

Key Stats

Today's Range
$0.49
$0.50
50-Day Range
$0.30
$0.57
52-Week Range
$0.30
$2.36
Volume
9,113 shs
Average Volume
543,406 shs
Market Capitalization
$36.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.67
Consensus Rating
Buy

Company Overview

Beyond Air, Inc. operates as a commercial-stage medical device and biopharmaceutical company in the United States. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system. It offers LungFit PH for the treatment of persistent pulmonary hypertension of the newborn. The company is also developing LungFit PRO for the treatment of viral lung infections, such as community-acquired viral pneumonia, including COVID-19, as well as bronchiolitis in hospitalized patients; and LungFit GO for the treatment of nontuberculous mycobacteria. The company was formerly known as AIT Therapeutics, Inc. and changed its name to Beyond Air, Inc. in June 2019. Beyond Air, Inc. is based in Garden City, New York.

Beyond Air Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

XAIR MarketRank™: 

Beyond Air scored higher than 86% of companies evaluated by MarketBeat, and ranked 114th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Beyond Air has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Beyond Air has received no research coverage in the past 90 days.

  • Read more about Beyond Air's stock forecast and price target.
  • Earnings Growth

    Earnings for Beyond Air are expected to grow in the coming year, from ($0.78) to ($0.42) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Beyond Air is -0.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Beyond Air is -0.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Beyond Air has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Beyond Air's valuation and earnings.
  • Percentage of Shares Shorted

    2.01% of the outstanding shares of Beyond Air have been sold short.
  • Short Interest Ratio / Days to Cover

    Beyond Air has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Beyond Air has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Beyond Air does not currently pay a dividend.

  • Dividend Growth

    Beyond Air does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.01% of the outstanding shares of Beyond Air have been sold short.
  • Short Interest Ratio / Days to Cover

    Beyond Air has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Beyond Air has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Beyond Air has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Beyond Air this week, compared to 1 article on an average week.
  • Search Interest

    Only 9 people have searched for XAIR on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Beyond Air to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Beyond Air insiders have bought more of their company's stock than they have sold. Specifically, they have bought $738,313.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    20.10% of the stock of Beyond Air is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 31.50% of the stock of Beyond Air is held by institutions.

  • Read more about Beyond Air's insider trading history.
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XAIR Stock News Headlines

What is Roth Capital's Forecast for Beyond Air Q3 Earnings?
Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners
Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…
Beyond Air Reports Increased Revenue Amid Financial Challenges
BTIG Keeps Their Hold Rating on Beyond Air (XAIR)
Piper Sandler Releases a Buy Rating on Beyond Air (XAIR)
See More Headlines

XAIR Stock Analysis - Frequently Asked Questions

Beyond Air's stock was trading at $1.96 at the beginning of 2024. Since then, XAIR shares have decreased by 74.9% and is now trading at $0.4916.
View the best growth stocks for 2024 here
.

Beyond Air, Inc. (NASDAQ:XAIR) announced its earnings results on Monday, November, 11th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.30) by $0.02. The business earned $0.80 million during the quarter, compared to analyst estimates of $1.19 million. Beyond Air had a negative trailing twelve-month return on equity of 227.29% and a negative net margin of 2,369.17%.

Beyond Air's top institutional shareholders include Soros Fund Management LLC (3.13%) and State Street Corp (0.21%). Insiders that own company stock include Steven A Lisi, Robert Carey, Amir Avniel, Ron Bentsur, Michael A Gaul, Erick Lucera and Yoori Lee.
View institutional ownership trends
.

Shares of XAIR 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Beyond Air investors own include Pfizer (PFE), NVIDIA (NVDA), General Motors (GM), Meta Platforms (META), Corbus Pharmaceuticals (CRBP), Norwegian Cruise Line (NCLH) and OPKO Health (OPK).

Company Calendar

Last Earnings
11/11/2024
Today
11/21/2024
Next Earnings (Estimated)
2/10/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:XAIR
Fax
N/A
Employees
70
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.67
High Stock Price Target
$8.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+645.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-60,240,000.00
Net Margins
-2,369.17%
Pretax Margin
-2,514.86%

Debt

Sales & Book Value

Annual Sales
$1.16 million
Book Value
$0.41 per share

Miscellaneous

Free Float
57,678,000
Market Cap
$35.49 million
Optionable
Optionable
Beta
-0.18
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This page (NASDAQ:XAIR) was last updated on 11/21/2024 by MarketBeat.com Staff
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