NASDAQ:BDSX Biodesix (BDSX) Stock Price, News & Analysis → Top 5 Tech Stocks to Buy for 2024 (From Daily Market Alerts) (Ad) Free BDSX Stock Alerts $1.33 +0.03 (+2.31%) (As of 06/7/2024 08:51 PM ET) Add Compare Share Share Today's Range$1.23▼$1.3950-Day Range$1.21▼$1.5852-Week Range$1.03▼$2.21Volume94,600 shsAverage Volume132,390 shsMarket Capitalization$152.54 millionP/E RatioN/ADividend YieldN/APrice Target$3.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Biodesix alerts: Email Address Biodesix MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside133.1% Upside$3.10 Price TargetShort InterestHealthy0.30% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$8,025 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.44) to ($0.38) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.62 out of 5 starsMedical Sector633rd out of 903 stocksMedical Laboratories Industry15th out of 19 stocks 3.5 Analyst's Opinion Consensus RatingBiodesix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageBiodesix has only been the subject of 2 research reports in the past 90 days.Read more about Biodesix's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.30% of the outstanding shares of Biodesix have been sold short.Short Interest Ratio / Days to CoverBiodesix has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Biodesix has recently increased by 0.20%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBiodesix does not currently pay a dividend.Dividend GrowthBiodesix does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BDSX. Previous Next 0.0 News and Social Media Coverage MarketBeat FollowsOnly 1 people have added Biodesix to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Biodesix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,025.00 in company stock.Percentage Held by Insiders69.20% of the stock of Biodesix is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 20.96% of the stock of Biodesix is held by institutions.Read more about Biodesix's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Biodesix are expected to grow in the coming year, from ($0.44) to ($0.38) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Biodesix is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Biodesix is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBiodesix has a P/B Ratio of 26.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Biodesix's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Biodesix Stock (NASDAQ:BDSX)Biodesix, Inc. operates as a data-driven diagnostic solutions company in the United States. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests, together marketed as part of Nodify Lung Nodule Risk Assessment testing strategy, to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. It also provides GeneStrat ddPCR and NGS, and VeriStrat tests, which are used in the diagnosis of lung cancer to measure the presence of mutations in the tumor and the state of the patient's immune system to establish the patient's prognosis and help guide treatment decisions. In addition, the company, through its partnership with Bio-Rad Laboratories, Inc., provides Bio-Rad SARS-CoV-2 ddPCR, a COVID-19 Test under Biodesix WorkSafe testing program; and Platelia SARS-CoV-2 Total Ab test, an antibody test for detecting a B-cell immune response to SARS-CoV-2 that indicate recent or prior infection. Further, it offers diagnostic and clinical research, as well as clinical trial testing services to biopharmaceutical companies; and discovers, develops, and commercializes companion diagnostics. The company was formerly known as Elston Technologies, Inc. and as changed to Biodesix, Inc. in 2006. Biodesix, Inc. was incorporated in 2005 and is headquartered in Louisville, Colorado.Read More BDSX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BDSX Stock News HeadlinesMay 28, 2024 | businesswire.comBiodesix to Participate in Two Investor Conferences in JuneMay 21, 2024 | finance.yahoo.comBiodesix to Present New Data on the Nodify XL2® Test at ATS 2024 Annual MeetingMay 13, 2024 | markets.businessinsider.comBuy Rating Justified by Biodesix’s Market Leadership and Strong Growth ProspectsMay 11, 2024 | finance.yahoo.comBiodesix, Inc. (NASDAQ:BDSX) Just Reported Earnings, And Analysts Cut Their Target PriceMay 10, 2024 | finance.yahoo.comBiodesix Inc (BDSX) Surpasses Analyst Revenue Forecasts with Strong Q1 2024 PerformanceMay 10, 2024 | finance.yahoo.comBiodesix, Inc. (NASDAQ:BDSX) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comBiodesix First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | finance.yahoo.comBiodesix Inc (BDSX) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue Growth and ...May 8, 2024 | investorplace.comBDSX Stock Earnings: Biodesix Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | finance.yahoo.comBiodesix Announces First Quarter 2024 Results Driven by Growth in Lung Diagnostic Testing for Lung Nodule ManagementMay 7, 2024 | businesswire.comBiodesix to Participate in the 2024 RBCCM Global Healthcare ConferenceApril 24, 2024 | businesswire.comBiodesix to Report First Quarter 2024 Financial Results on May 8, 2024April 13, 2024 | finance.yahoo.comThe recent US$4.0m market cap decrease is likely to have disappointed insiders invested in Biodesix, Inc. (NASDAQ:BDSX)April 9, 2024 | businesswire.comBiodesix to Present New Data on Liquid Biopsy Technologies at AACR 2024 Annual MeetingApril 5, 2024 | markets.businessinsider.comS&P 500 Gains Over 1%; GCT Semiconductor Shares Spike HigherApril 5, 2024 | markets.businessinsider.comGold Surges Over 1%; Biodesix Shares PlummetApril 5, 2024 | businesswire.comBiodesix Announces Pricing of Oversubscribed and Upsized Underwritten Offering of Common Stock and Concurrent Private PlacementMarch 25, 2024 | businesswire.comBiodesix Announces New Master Collaborative Research Agreement with Leading US Cancer CenterMarch 4, 2024 | finance.yahoo.comBiodesix, Inc. (NASDAQ:BDSX) Q4 2023 Earnings Call TranscriptMarch 3, 2024 | finance.yahoo.comBiodesix Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagMarch 1, 2024 | finance.yahoo.comBiodesix Inc (BDSX) Reports Strong Growth in Lung Diagnostic Test Volume and Gross Profit MarginMarch 1, 2024 | businesswire.comBiodesix Announces Fourth Quarter and Fiscal Year 2023 Results and Business HighlightsFebruary 26, 2024 | businesswire.comBiodesix to Participate in the TD Cowen 44th Annual Health Care ConferenceFebruary 16, 2024 | finance.yahoo.comBiodesix to Report Fourth Quarter and Full Year 2023 Financial Results on March 1, 2024February 16, 2024 | businesswire.comBiodesix to Report Fourth Quarter and Full Year 2023 Financial Results on March 1, 2024See More Headlines Receive BDSX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Biodesix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today6/10/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Medical laboratories Sub-IndustryN/A Current SymbolNASDAQ:BDSX CUSIPN/A CIK1439725 Webwww.biodesix.com Phone303-417-0500FaxN/AEmployees217Year FoundedN/APrice Target and Rating Average Stock Price Target$3.10 High Stock Price Target$3.50 Low Stock Price Target$2.80 Potential Upside/Downside+133.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-52,150,000.00 Net Margins-85.80% Pretax Margin-85.80% Return on Equity-29,379.44% Return on Assets-52.08% Debt Debt-to-Equity Ratio7.69 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$49.09 million Price / Sales3.11 Cash FlowN/A Price / Cash FlowN/A Book Value$0.05 per share Price / Book26.60Miscellaneous Outstanding Shares114,690,000Free Float35,323,000Market Cap$152.54 million OptionableOptionable Beta1.20 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Scott Hutton (Age 52)President, CEO & Director Comp: $614.92kMs. Robin Harper Cowie (Age 44)CFO, Secretary & Treasurer Comp: $390.3kMr. Kieran O'Kane (Age 47)Chief Commercial Officer Comp: $392.61kDr. Heinrich RöderFounder & CTOMr. Christopher VazquezVP, Controller & Chief Accounting OfficerMr. Mark DeBlockVice President of SalesMr. Robbie LuntSenior Director of MarketingMs. Jessica OlbrichtSenior Director of Human ResourcesDr. Gary Anthony Pestano Ph.D. (Age 57)Chief Development Officer Ms. Bobbi CoffinChief Growth OfficerMore ExecutivesKey CompetitorsCelcuityNASDAQ:CELCSera PrognosticsNASDAQ:SERABurning Rock BiotechNASDAQ:BNRPersonalisNASDAQ:PSNLEnzo BiochemNYSE:ENZView All CompetitorsInsiders & InstitutionsOpaleye Management Inc.Bought 38,157 shares on 5/29/2024Ownership: 0.466%Oracle Investment Management Inc.Sold 30,588 shares on 5/15/2024Ownership: 0.026%Scott HuttonSold 3,764 sharesTotal: $5,570.72 ($1.48/share)Robin Harper CowieSold 980 sharesTotal: $1,450.40 ($1.48/share)Gary Anthony PestanoSold 434 sharesTotal: $642.32 ($1.48/share)View All Insider TransactionsView All Institutional Transactions BDSX Stock Analysis - Frequently Asked Questions Should I buy or sell Biodesix stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Biodesix in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BDSX shares. View BDSX analyst ratings or view top-rated stocks. What is Biodesix's stock price target for 2024? 5 brokerages have issued 12-month price targets for Biodesix's shares. Their BDSX share price targets range from $2.80 to $3.50. On average, they anticipate the company's share price to reach $3.10 in the next twelve months. This suggests a possible upside of 133.1% from the stock's current price. View analysts price targets for BDSX or view top-rated stocks among Wall Street analysts. How have BDSX shares performed in 2024? Biodesix's stock was trading at $1.84 at the start of the year. Since then, BDSX stock has decreased by 27.7% and is now trading at $1.33. View the best growth stocks for 2024 here. When is Biodesix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our BDSX earnings forecast. How were Biodesix's earnings last quarter? Biodesix, Inc. (NASDAQ:BDSX) issued its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.01. The company earned $14.82 million during the quarter, compared to the consensus estimate of $14 million. Biodesix had a negative net margin of 85.80% and a negative trailing twelve-month return on equity of 29,379.44%. What guidance has Biodesix issued on next quarter's earnings? Biodesix updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.0 million-$68.0 million, compared to the consensus revenue estimate of $66.2 million. When did Biodesix IPO? Biodesix (BDSX) raised $76 million in an initial public offering (IPO) on Wednesday, October 28th 2020. The company issued 4,200,000 shares at $17.00-$19.00 per share. Morgan Stanley and William Blair served as the underwriters for the IPO and Canaccord Genuity and BTIG were co-managers. Who are Biodesix's major shareholders? Biodesix's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Essex Investment Management Co. LLC (0.81%), Opaleye Management Inc. (0.47%), Oracle Investment Management Inc. (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Charles M Watts, Chris Vazquez, Gary Anthony Pestano, Hany Massarany, Jack W Schuler, John Patience, Kieran O'kane, Matthew Strobeck, Robert William Georgantas III, Robin Harper Cowie, Ryan H Siurek and Scott Hutton. View institutional ownership trends. How do I buy shares of Biodesix? Shares of BDSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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