In the last trading session, 1.71 million Beyond Air Inc (NASDAQ:XAIR) shares changed hands as the company’s beta touched 0.12. With the company’s per share price at $0.32 changed hands at -$0.03 or -7.31% during last session, the market valuation stood at $28.66M. XAIR’s last price was a discount, traded about -559.37% off its 52-week high of $2.11. The share price had its 52-week low at $0.30, which suggests the last value was 6.25% up since then.
Analysts gave the Beyond Air Inc (XAIR) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.40. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended XAIR as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Beyond Air Inc’s EPS for the current quarter is expected to be 0.
Beyond Air Inc (NASDAQ:XAIR) trade information
Instantly XAIR was in red as seen at the end of in last trading. With action -16.53%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -9.43%, with the 5-day performance at -16.53% in the red. However, in the 30-day time frame, Beyond Air Inc (NASDAQ:XAIR) is -22.30% down.
The consensus price target for the stock as assigned by Wall Street analysts is 1, meaning bulls need an upside of 68.0% from its current market value. According to analyst projections, XAIR’s forecast low is 1 with 1 as the target high. To hit the forecast high, the stock’s price needs a -212.5% plunge from its current level, while the stock would need to soar -212.5% for it to hit the projected low.
Beyond Air Inc (XAIR) estimates and forecasts
Year-over-year growth is forecast to reach 238.40% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 1.39M. 4 analysts are of the opinion that Beyond Air Inc’s revenue for the current quarter will be 2.06M. The company’s revenue for the corresponding quarters a year ago was 470k and 683k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 195.40%. The estimates for the next quarter sales put growth at 202.01%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -18.68%. The 2025 estimates are for Beyond Air Inc earnings to increase by 59.23%, but the outlook for the next 5-year period is at 45.66% per year.
XAIR Dividends
Beyond Air Inc is expected to release its next quarterly earnings report in March.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 3.8134% or 1.26 million shares worth $0.68 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 879.43 shares estimated at $0.29 million under it, the former controlled 1.28% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.54% of the shares, roughly 374.31 shares worth around $0.12 million.
