Beyond Air Inc (NASDAQ:XAIR)’s traded shares stood at 1.79 million during the last session, with the company’s beta value hitting 0.13. At the close of trading, the stock’s price was $0.28, to imply a decrease of -2.57% or $0.0 in intraday trading. The XAIR share’s 52-week high remains $1.78, putting it -535.71% down since that peak but still an impressive 14.29% since price per share fell to its 52-week low of $0.24. The company has a valuation of $24.40M, with an average of 1.45 million shares in intraday trading volume over the past 10 days and average of 1.75 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Beyond Air Inc (XAIR), translating to a mean rating of 1.40. Of 1 analyst(s) looking at the stock, 0 analyst(s) give XAIR a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Beyond Air Inc (NASDAQ:XAIR) trade information
After registering a -2.57% downside in the last session, Beyond Air Inc (XAIR) has traded red over the past five days. The 5-day price performance for the stock is 8.39%, and -23.86% over 30 days. With these gigs, the year-to-date price performance is -22.90%. Short interest in Beyond Air Inc (NASDAQ:XAIR) saw shorts transact 1.53 million shares and set a 1.0 days time to cover.
The extremes give us $1 and $1 for target low and target high price respectively. As such, XAIR has been trading -257.14% off suggested target high and -257.14% from its likely low.
Beyond Air Inc (XAIR) estimates and forecasts
The rating firms project that company’s revenue will grow 238.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 1.39M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 2.06M.Earnings reports from the last fiscal year show that sales brought in 470k and 683k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 195.40% before jumping 202.01% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -18.68% for the past 5-year period. While 2025 is set for a 59.23% return in earnings, projections for the next 5 years are at 45.66% annually.
XAIR Dividends
Beyond Air Inc has its next earnings report out on 2025-Feb-09. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Beyond Air Inc (NASDAQ:XAIR)’s Major holders
Beyond Air Inc insiders hold 14.02% of total outstanding shares, with institutional holders owning 23.36% of the shares at 27.17% float percentage. In total, 23.36% institutions holds shares in the company, led by AIGH CAPITAL MANAGEMENT LLC. As of 2024-06-30, the company held over 3.64 million shares (or 3.9638% of shares), all amounting to roughly $1.96 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.26 million shares, or about 3.8134% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.68 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Beyond Air Inc (XAIR) shares. Going by data provided on Dec 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 879.43 shares. This is just over 1.28% of the total shares, with a market valuation of $0.24 million. Data from the same date shows that the other fund manager holds a little less at 374.31, or 0.54% of the shares, all valued at about 0.1 million.
