Biodesix Inc [BDSX] stock prices are saw in change for the day to $1.04 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BDSX shares have gain 15.49% over the last week, with a monthly amount drifted -29.73%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Craig Hallum started tracking the stock with Buy rating on July 26, 2024, and set its price target to $3. On May 13, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $2.80 on the stock. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $3 on May 03, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $11 on November 17, 2021. In a note dated November 23, 2020, Morgan Stanley initiated an Overweight rating and provided a target price of $20 on this stock.
The stock price of Biodesix Inc [BDSX] has been fluctuating between $0.86 and $2.21 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Biodesix Inc [NASDAQ: BDSX] shares were valued at $1.04 at the most recent close of the market. An investor can expect a potential return of 188.46% based on the average BDSX price forecast.
Analyzing the BDSX fundamentals
The Biodesix Inc [NASDAQ:BDSX] reported sales of 65.56M for trailing twelve months, representing a surge of 34.54%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.53%, Pretax Profit Margin comes in at -0.67%, and Net Profit Margin reading is -0.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.43, Equity is -2.77 and Total Capital is -0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0000 points at the first support level, and at 0.9600 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0800, and for the 2nd resistance point, it is at 1.1200.
Ratios To Look Out For
It’s worth pointing out that Biodesix Inc [NASDAQ:BDSX]’s Current Ratio is 3.40. On the other hand, the Quick Ratio is 3.30, and the Cash Ratio is 2.42. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 5.43.
Transactions by insiders
Recent insider trading involved SCHULER JACK W, Director, that happened on Nov 21 ’24 when 100000.0 shares were purchased. Director, Kennedy Lawrence T. Jr completed a deal on Nov 21 ’24 to buy 35000.0 shares. Meanwhile, Director SCHULER JACK W bought 0.2 million shares on Nov 20 ’24.
