Biodesixinc Stock Buy Hold or Sell Recommendation
| BDSX Stock | USD 1.45 0.04 2.84% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding BiodesixInc is 'Strong Sell'. Macroaxis provides BiodesixInc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BDSX positions. The advice algorithm takes into account all of BiodesixInc's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting BiodesixInc's buy or sell advice are summarized below:
Real Value 1.19 | Target Price 4.25 | Hype Value 1.45 | Market Value 1.45 | Naive Value 1.25 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell BiodesixInc given historical horizon and risk tolerance towards BiodesixInc. When Macroaxis issues a 'buy' or 'sell' recommendation for BiodesixInc, the advice is generated through an automated system that utilizes algorithms and statistical models.
BiodesixInc |
Execute BiodesixInc Buy or Sell Advice
The BiodesixInc recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BiodesixInc. Macroaxis does not own or have any residual interests in BiodesixInc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BiodesixInc's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
BiodesixInc Trading Alerts and Improvement Suggestions
| BiodesixInc generated a negative expected return over the last 90 days | |
| BiodesixInc may become a speculative penny stock | |
| BiodesixInc has high historical volatility and very poor performance | |
| BiodesixInc has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 60.69 M in liabilities with Debt to Equity (D/E) ratio of 3.2, implying the company greatly relies on financing operations through barrowing. BiodesixInc has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist BiodesixInc until it has trouble settling it off, either with new capital or with free cash flow. So, BiodesixInc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BiodesixInc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BiodesixInc to invest in growth at high rates of return. When we think about BiodesixInc's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 49.09 M. Net Loss for the year was (52.15 M) with profit before overhead, payroll, taxes, and interest of 24.06 M. | |
| BiodesixInc currently holds about 15.18 M in cash with (22.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36. | |
| Roughly 63.0% of BiodesixInc shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Disposition of 5435 shares by Patience John of BiodesixInc subject to Rule 16b-3 |
BiodesixInc Returns Distribution Density
The distribution of BiodesixInc's historical returns is an attempt to chart the uncertainty of BiodesixInc's future price movements. The chart of the probability distribution of BiodesixInc daily returns describes the distribution of returns around its average expected value. We use BiodesixInc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BiodesixInc returns is essential to provide solid investment advice for BiodesixInc.
| Mean Return | 0.04 | Value At Risk | -7.1 | Potential Upside | 6.25 | Standard Deviation | 3.50 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BiodesixInc historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
BiodesixInc Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as BiodesixInc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BiodesixInc backward and forwards among themselves. BiodesixInc's institutional investor refers to the entity that pools money to purchase BiodesixInc's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bridgeway Capital Management, Llc | 2024-03-31 | 229.7 K | Cannell Peter B & Co Inc | 2023-12-31 | 205.6 K | Hightower Advisors, Llc | 2023-12-31 | 131.4 K | Millennium Management Llc | 2024-03-31 | 100.8 K | Blair William & Co | 0031-12-31 | 89.8 K | Cetera Advisor Networks Llc | 2024-03-31 | 78 K | Telemark Asset Management, Llc | 2023-12-31 | 76 K | Citigroup Inc | 2024-03-31 | 71.3 K | Qube Research & Technologies | 2023-12-31 | 65.6 K | Birchview Capital, Lp | 2024-03-31 | 5.2 M | Aigh Capital Management, Llc | 2023-12-31 | 4.7 M |
BiodesixInc Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 17K | (11.7M) | 7.4M | 906K | 166K | 174.3K | |
| Investments | (1.9M) | (2.9M) | (2.5M) | (3.5M) | (22.0M) | (20.9M) | |
| Change In Cash | (626K) | 56.8M | (29.5M) | 10.4M | (16.8M) | (16.0M) | |
| Net Borrowings | 13.0M | 16.0M | (15.5M) | 16.5M | 14.8M | 15.6M | |
| Free Cash Flow | (23.1M) | (23.5M) | (30.8M) | (48.5M) | (45.9M) | (48.2M) | |
| Depreciation | 2.8M | 2.9M | 3.2M | 5.8M | 5.5M | 4.0M | |
| Other Non Cash Items | 5.3M | 6.6M | 4.3M | 13.0M | 3.1M | 2.9M | |
| Capital Expenditures | 1.4M | 2.2M | 2.5M | 3.5M | 23.1M | 24.2M | |
| Net Income | (30.7M) | (31.4M) | (43.2M) | (65.4M) | (52.1M) | (54.8M) | |
| End Period Cash Flow | 5.5M | 62.3M | 32.8M | 43.2M | 26.4M | 32.3M | |
| Change To Netincome | 7.4M | 7.3M | 7.2M | 19.0M | 21.8M | 22.9M |
BiodesixInc Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BiodesixInc or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BiodesixInc's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BiodesixInc stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 1.48 | |
σ | Overall volatility | 3.38 | |
Ir | Information ratio | -0.0023 |
BiodesixInc Volatility Alert
BiodesixInc shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BiodesixInc's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BiodesixInc's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.BiodesixInc Fundamentals Vs Peers
Comparing BiodesixInc's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze BiodesixInc's direct or indirect competition across all of the common fundamentals between BiodesixInc and the related equities. This way, we can detect undervalued stocks with similar characteristics as BiodesixInc or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of BiodesixInc's fundamental indicators could also be used in its relative valuation, which is a method of valuing BiodesixInc by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare BiodesixInc to competition |
| Fundamentals | BiodesixInc | Peer Average |
| Return On Equity | -4.14 | -0.31 |
| Return On Asset | -0.27 | -0.14 |
| Profit Margin | (0.86) % | (1.27) % |
| Operating Margin | (0.74) % | (5.51) % |
| Current Valuation | 216.66 M | 16.62 B |
| Shares Outstanding | 114.69 M | 571.82 M |
| Shares Owned By Insiders | 62.91 % | 10.09 % |
| Shares Owned By Institutions | 13.50 % | 39.21 % |
| Number Of Shares Shorted | 346.31 K | 4.71 M |
| Price To Book | 30.71 X | 9.51 X |
| Price To Sales | 2.86 X | 11.42 X |
| Revenue | 49.09 M | 9.43 B |
| Gross Profit | 24.06 M | 27.38 B |
| EBITDA | (35.79 M) | 3.9 B |
| Net Income | (52.15 M) | 570.98 M |
| Cash And Equivalents | 15.18 M | 2.7 B |
| Cash Per Share | 0.36 X | 5.01 X |
| Total Debt | 60.69 M | 5.32 B |
| Debt To Equity | 3.20 % | 48.70 % |
| Current Ratio | 0.64 X | 2.16 X |
| Book Value Per Share | (0.06) X | 1.93 K |
| Cash Flow From Operations | (22.87 M) | 971.22 M |
| Short Ratio | 1.49 X | 4.00 X |
| Earnings Per Share | (0.54) X | 3.12 X |
| Target Price | 3.1 | |
| Number Of Employees | 217 | 18.84 K |
| Beta | 1.14 | -0.15 |
| Market Capitalization | 166.29 M | 19.03 B |
| Total Asset | 99.1 M | 29.47 B |
| Retained Earnings | (419.57 M) | 9.33 B |
| Working Capital | 6.27 M | 1.48 B |
| Net Asset | 99.1 M |
Note: Disposition of 5435 shares by Patience John of BiodesixInc subject to Rule 16b-3 [view details]
BiodesixInc Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BiodesixInc . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About BiodesixInc Buy or Sell Advice
When is the right time to buy or sell BiodesixInc? Buying financial instruments such as BiodesixInc Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 10.0M | 31.9M | 60.7M | 34.7M | Total Assets | 76.1M | 92.9M | 99.1M | 86.1M |
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Check out BiodesixInc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy BiodesixInc Stock please use our How to Invest in BiodesixInc guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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When running BiodesixInc's price analysis, check to measure BiodesixInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BiodesixInc is operating at the current time. Most of BiodesixInc's value examination focuses on studying past and present price action to predict the probability of BiodesixInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BiodesixInc's price. Additionally, you may evaluate how the addition of BiodesixInc to your portfolios can decrease your overall portfolio volatility.
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Is BiodesixInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BiodesixInc. If investors know BiodesixInc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BiodesixInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 0.631 | Quarterly Revenue Growth 0.636 | Return On Assets (0.27) | Return On Equity (4.14) |
The market value of BiodesixInc is measured differently than its book value, which is the value of BiodesixInc that is recorded on the company's balance sheet. Investors also form their own opinion of BiodesixInc's value that differs from its market value or its book value, called intrinsic value, which is BiodesixInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BiodesixInc's market value can be influenced by many factors that don't directly affect BiodesixInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BiodesixInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if BiodesixInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BiodesixInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.