Heartbeam Net Worth

Heartbeam Net Worth Breakdown

  BEAT
The net worth of Heartbeam is the difference between its total assets and liabilities. Heartbeam's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Heartbeam's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Heartbeam's net worth can be used as a measure of its financial health and stability which can help investors to decide if Heartbeam is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Heartbeam stock.

Heartbeam Net Worth Analysis

Heartbeam's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Heartbeam's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Heartbeam's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Heartbeam's net worth analysis. One common approach is to calculate Heartbeam's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Heartbeam's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Heartbeam's net worth. This approach calculates the present value of Heartbeam's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Heartbeam's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Heartbeam's net worth. This involves comparing Heartbeam's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Heartbeam's net worth relative to its peers.

Enterprise Value

45.95 Million

To determine if Heartbeam is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Heartbeam's net worth research are outlined below:
Heartbeam appears to be risky and price may revert if volatility continues
Net Loss for the year was (14.64 M) with profit before overhead, payroll, taxes, and interest of 0.
Heartbeam currently holds about 9.27 M in cash with (12.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
Roughly 29.0% of the company shares are held by company insiders
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Heartbeam Quarterly Good Will

305.59 Million

Heartbeam uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Heartbeam. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heartbeam's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Heartbeam Target Price Consensus

Heartbeam target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Heartbeam's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   2  Buy
Most Heartbeam analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Heartbeam stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Heartbeam, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Heartbeam Target Price Projection

Heartbeam's current and average target prices are 3.06 and 5.39, respectively. The current price of Heartbeam is the price at which Heartbeam is currently trading. On the other hand, Heartbeam's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Heartbeam Market Quote on 1st of December 2024

Low Price2.86Odds
High Price3.24Odds

3.06

Target Price

Analyst Consensus On Heartbeam Target Price

Low Estimate4.9Odds
High Estimate5.98Odds

5.39

Historical Lowest Forecast  4.9 Target Price  5.39 Highest Forecast  5.98
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Heartbeam and the information provided on this page.

Know Heartbeam's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Heartbeam is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Heartbeam backward and forwards among themselves. Heartbeam's institutional investor refers to the entity that pools money to purchase Heartbeam's securities or originate 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
Pasadena Private Wealth, Llc2024-09-30
60.6 K
Blackrock Inc2024-06-30
51.4 K
Advisory Research Inc2024-09-30
50 K
Northern Trust Corp2024-09-30
46.8 K
D'orazio & Associates Inc2024-09-30
33 K
Xtx Topco Ltd2024-09-30
14.6 K
Charles Schwab Investment Management Inc2024-09-30
14.5 K
Harbour Investments, Inc.2024-09-30
14.2 K
Advisor Group Holdings, Inc.2024-06-30
11.6 K
Vanguard Group Inc2024-09-30
750.7 K
Smith, Salley & Associates, Llc2024-09-30
250 K
Note, although Heartbeam's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Heartbeam's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 81.6 M.

Market Cap

34.08 Million

Project Heartbeam's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.85)(0.90)
Return On Capital Employed(0.96)(0.91)
Return On Assets(0.85)(0.90)
Return On Equity(0.92)(0.87)
When accessing Heartbeam's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Heartbeam's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Heartbeam's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Heartbeam's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Heartbeam. Check Heartbeam's Beneish M Score to see the likelihood of Heartbeam's management manipulating its earnings.

Evaluate Heartbeam's management efficiency

Heartbeam has return on total asset (ROA) of (0.6975) % which means that it has lost $0.6975 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1362) %, meaning that it created substantial loss on money invested by shareholders. Heartbeam's management efficiency ratios could be used to measure how well Heartbeam manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.9 in 2024. Return On Capital Employed is likely to gain to -0.91 in 2024. Change To Liabilities is likely to gain to about 1.9 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 16.3 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.78  0.74 
Tangible Book Value Per Share 0.78  0.82 
Enterprise Value Over EBITDA 46.81  49.15 
Price Book Value Ratio 3.00  3.15 
Enterprise Value Multiple 46.81  49.15 
Price Fair Value 3.00  3.15 
Enterprise Value32.6 M45.9 M
Evaluating the management effectiveness of Heartbeam allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Heartbeam Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Return On Equity
(1.14)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heartbeam insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heartbeam's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heartbeam insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Heartbeam Corporate Filings

10Q
7th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
23rd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
20th of September 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
F4
11th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
Heartbeam time-series forecasting models is one of many Heartbeam's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Heartbeam's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Heartbeam Earnings Estimation Breakdown

The calculation of Heartbeam's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Heartbeam is estimated to be 0.0 with the future projection ranging from a low of 0.0 to a high of 0.0. Please be aware that this consensus of annual earnings estimates for Heartbeam is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.19
0.00
Lowest
Expected EPS
0.0
0.00
Highest

Heartbeam Earnings Projection Consensus

Suppose the current estimates of Heartbeam's value are higher than the current market price of the Heartbeam stock. In this case, investors may conclude that Heartbeam is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Heartbeam's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
281.13%
-0.19
0.0
-0.68

Heartbeam Earnings History

Earnings estimate consensus by Heartbeam analysts from Wall Street is used by the market to judge Heartbeam's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Heartbeam's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Heartbeam Quarterly Gross Profit

68.99 Million

Price Earnings To Growth Ratio is likely to gain to 0.09 in 2024, whereas Retained Earnings are likely to drop (38.7 M) in 2024. Common Stock Shares Outstanding is likely to drop to about 19.1 M in 2024. Net Loss is likely to gain to about (11.1 M) in 2024.
Hype
Prediction
LowEstimatedHigh
0.152.917.57
Details
Intrinsic
Valuation
LowRealHigh
0.183.538.19
Details
2 Analysts
Consensus
LowTargetHigh
4.905.395.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heartbeam. Your research has to be compared to or analyzed against Heartbeam's peers to derive any actionable benefits. When done correctly, Heartbeam's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Heartbeam. Note that many institutional investors and large investment bankers can move markets due to the volume of Heartbeam assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Heartbeam. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Heartbeam's stock price in the short term.

Heartbeam Earnings per Share Projection vs Actual

Actual Earning per Share of Heartbeam refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Heartbeam predict the company's earnings will be in the future. The higher the earnings per share of Heartbeam, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Heartbeam Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Heartbeam, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Heartbeam should always be considered in relation to other companies to make a more educated investment decision.

Heartbeam Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Heartbeam's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-07
2024-09-30-0.17-0.19-0.0211 
2024-08-08
2024-06-30-0.16-0.19-0.0318 
2024-05-09
2024-03-31-0.15-0.17-0.0213 
2024-03-20
2023-12-31-0.13-0.15-0.0215 
2023-11-14
2023-09-30-0.13-0.130.0
2023-08-10
2023-06-30-0.23-0.160.0730 
2023-05-11
2023-03-31-0.31-0.5-0.1961 
2023-03-16
2022-12-31-0.37-0.45-0.0821 
2022-11-10
2022-09-30-0.32-0.44-0.1237 
2022-08-11
2022-06-30-0.27-0.43-0.1659 
2022-05-12
2022-03-31-0.19-0.27-0.0842 
2022-03-24
2021-12-31-0.11-0.24-0.13118 
2021-07-09
2021-06-300-0.02-0.02
2021-06-30
2021-03-310-0.2554-0.2554
2021-03-31
2020-12-310-0.057-0.057
2020-10-29
2020-09-300.380.450.0718 
2020-07-30
2020-06-300.160.350.19118 
2020-05-06
2020-03-310.430.450.02
2020-02-26
2019-12-310.480.480.0
2019-11-05
2019-09-300.50.520.02
2019-07-30
2019-06-300.450.530.0817 
2019-04-25
2019-03-310.410.420.01
2019-02-21
2018-12-310.430.560.1330 
2018-10-30
2018-09-300.320.530.2165 
2018-07-25
2018-06-300.310.460.1548 
2018-04-25
2018-03-310.230.390.1669 
2018-02-22
2017-12-310.240.320.0833 
2017-11-07
2017-09-300.250.16-0.0936 
2017-08-08
2017-06-300.210.230.02
2017-05-03
2017-03-310.160.160.0
2017-02-22
2016-12-310.180.230.0527 
2016-11-02
2016-09-300.180.210.0316 
2016-08-02
2016-06-300.170.20.0317 
2016-04-26
2016-03-310.10.20.1100 
2016-02-17
2015-12-310.110.150.0436 
2015-11-09
2015-09-300.10.130.0330 
2015-08-06
2015-06-300.090.120.0333 
2015-05-06
2015-03-310.020.060.04200 
2015-02-19
2014-12-310.060.05-0.0116 
2014-10-30
2014-09-300.020.060.04200 
2014-08-01
2014-06-300.010.020.01100 
2014-05-06
2014-03-310-0.04-0.04
null
nullnullnullnull
2013-11-05
2013-09-30-0.02-0.12-0.1500 
2012-11-05
2012-09-30-0.09-0.12-0.0333 
2012-08-08
2012-06-30-0.04-0.010.0375 
2012-05-08
2012-03-31-0.11-0.10.01
2012-02-22
2011-12-31-0.16-0.040.1275 
2011-11-08
2011-09-30-0.08-0.21-0.13162 
2011-08-08
2011-06-30-0.06-0.050.0116 
2011-05-03
2011-03-31-0.15-0.020.1386 
2011-02-17
2010-12-31-0.16-0.130.0318 
2010-11-08
2010-09-30-0.05-0.25-0.2400 
2010-07-28
2010-06-30-0.1-0.020.0880 
2010-04-28
2010-03-31-0.18-0.130.0527 
2010-02-17
2009-12-31-0.14-0.24-0.171 
2009-11-06
2009-09-300.03-0.1-0.13433 
2009-08-05
2009-06-300.050.060.0120 
2009-04-30
2009-03-310.030.040.0133 
2009-02-17
2008-12-310.150.160.01
2008-10-30
2008-09-300.10.110.0110 
2008-07-22
2008-06-300.070.080.0114 
2008-04-29
2008-03-310.020.020.0

Heartbeam Corporate Management

Additional Tools for Heartbeam Stock Analysis

When running Heartbeam's price analysis, check to measure Heartbeam'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 Heartbeam is operating at the current time. Most of Heartbeam's value examination focuses on studying past and present price action to predict the probability of Heartbeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam's price. Additionally, you may evaluate how the addition of Heartbeam to your portfolios can decrease your overall portfolio volatility.