Blade Stock Story

BLDE

Stock

USD 5.47 0.30 5.20%

Macroaxis Story

As many rational traders are trying to avoid industrials space, it makes sense to digest Blade Air Mobility a little further and understand how it stands against Macquarie Infrastructure and other similar entities. We are going to discuss some of the competitive aspects of both Blade and Macquarie.

Published over two months ago

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Will Macquarie Infrastructure shareholders switch to Blade (NASDAQ:BLDE)?

By analyzing existing fundamental indicators between Blade Air and Macquarie, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Macquarie with a short position in Blade Air. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.

One of the ways to look at asset utilization of Blade is to check how much profit was generated for every dollar of assets it reports. Blade Air Mobility shows a negative utilization of assets of -8.25 percent, losing $0.0825 for each dollar of assets held by the firm. Unsuccessful asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Blade Air Mobility shows how unproductive it operates for each dollar spent on its assets.

Will Macquarie Infrastructure shareholders switch to Blade (NASDAQ:BLDE)?

How important is Blade Air's Liquidity

Blade Air financial leverage refers to using borrowed capital as a funding source to finance Blade Air Mobility ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Blade Air financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Blade Air's total debt and its cash.

How does Blade utilize its cash?

To perform a cash flow analysis of Blade Air, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Blade Air is receiving and how much cash it distributes out in a given period. The Blade Air cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Blade Air Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (14.05 Million)

Is Blade Air valued correctly by the market?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check Blade Air revenue. Based on the latest financial disclosure, Blade Air Mobility reported 98.47 M of revenue. This is 97.19% lower than that of the Industrials sector and 93.68% lower than that of the Airports & Air Services industry. The revenue for all United States stocks is 98.96% higher than that of Blade Air. As for Macquarie Infrastructure we see revenue of 235.98 M, which is 84.84% lower than that of the Airports & Air Services

Sector

1.6 B

BLDE	98.47 Million	5.21
Sector	1.56 Billion	82.32
MIC	235.98 Million	12.48

Anything left for Blade Air after the dip?

The skewness is down to -0.14 as of today. Blade Air Mobility exhibits very low volatility with skewness of -0.14 and kurtosis of 0.95. However, we advise investors to further study Blade Air Mobility technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Blade Air's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Blade Air'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 stocks as prices fall.

Blade Air Implied Volatility

Blade Air's implied volatility exposes the market's sentiment of Blade Air Mobility stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Blade Air's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Blade Air stock will not fluctuate a lot when Blade Air's options are near their expiration.

The Bottom Line

Although few other entities within the airports & air services industry are still a little expensive, even after the recent corrections, Blade Air may offer a potential longer-term growth to shareholders. To conclude, as of the 12th of June 2022, our latest 90 days 'Buy-Sell' recommendation on the firm is Strong Hold. We believe Blade Air is currently undervalued with quite high chance of distress for the next two years.

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Blade Air Mobility. Please refer to our Terms of Use for any information regarding our disclosure principles.

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