Bluejay Diagnostics Stock Analysis

BJDX Stock  USD 3.50  0.02  0.57%   
Bluejay Diagnostics is overvalued with Real Value of 3.36 and Hype Value of 3.38. The main objective of Bluejay Diagnostics stock analysis is to determine its intrinsic value, which is an estimate of what Bluejay Diagnostics is worth, separate from its market price. There are two main types of Bluejay Diagnostics' stock analysis: fundamental analysis and technical analysis.
The Bluejay Diagnostics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Bluejay Diagnostics is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Bluejay Stock trading window is adjusted to America/New York timezone.
  
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Bluejay Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bluejay Diagnostics recorded a loss per share of 804.0. The entity had not issued any dividends in recent years. The firm had 1:50 split on the 18th of November 2024. Bluejay Diagnostics, Inc., a diagnostic company, develops and markets patient products for triage, diagnosis, and monitoring of disease progression in the United States. Bluejay Diagnostics, Inc. was incorporated in 2015 and is headquartered in Acton, Massachusetts. Bluejay Diagnostics operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 9 people. For more info on Bluejay Diagnostics please contact the company at 844 327 7078 or go to https://bluejaydx.com.

Bluejay Diagnostics Investment Alerts

Bluejay Diagnostics generated a negative expected return over the last 90 days
Bluejay Diagnostics has high historical volatility and very poor performance
Bluejay Diagnostics has a very high chance of going through financial distress in the upcoming years
Bluejay Diagnosticshas  568,264  shares shorted by Bluejay Diagnostics investors is about 100% of outstending shares
Net Loss for the year was (9.95 M) with profit before overhead, payroll, taxes, and interest of 48.91 K.
Bluejay Diagnostics currently holds about 15.34 M in cash with (8.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76.
Bluejay Diagnostics has a frail financial position based on the latest SEC disclosures
Latest headline from gurufocus.com: ARMISTICE CAPITAL, LLC Acquires New Stake in Bluejay Diagnostics Inc

Bluejay Diagnostics Upcoming and Recent Events

Earnings reports are used by Bluejay Diagnostics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
18th of March 2024
Upcoming Quarterly Report
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8th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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18th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Bluejay Largest EPS Surprises

Earnings surprises can significantly impact Bluejay Diagnostics' 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
2022-07-26
2022-06-30-0.08-0.1-0.0225 
2023-05-10
2023-03-31-0.06-0.12-0.06100 
2022-11-08
2022-09-30-0.08-0.15-0.0787 
View All Earnings Estimates

Bluejay Diagnostics Environmental, Social, and Governance (ESG) Scores

Bluejay Diagnostics' ESG score is a quantitative measure that evaluates Bluejay Diagnostics' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Bluejay Diagnostics' operations that may have significant financial implications and affect Bluejay Diagnostics' stock price as well as guide investors towards more socially responsible investments.

Bluejay Stock Institutional Investors

Shares
Sabby Management Llc2024-06-30
0.0
Armistice Capital, Llc2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Xtx Topco Ltd2024-06-30
0.0
Anson Funds Management Lp2024-09-30
319.3 K
Renaissance Technologies Corp2024-09-30
137 K
Cvi Holdings Llc2024-06-30
66.2 K
Citadel Advisors Llc2024-09-30
52.2 K
Geode Capital Management, Llc2024-09-30
20.2 K
Virtu Financial Llc2024-06-30
17 K
Warberg Asset Management Llc2024-06-30
12.5 K
Note, although Bluejay Diagnostics' 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.

Bluejay Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.93 M.

Bluejay Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(2.04)(1.94)
Return On Capital Employed(3.33)(3.16)
Return On Assets(2.04)(1.94)
Return On Equity(3.44)(3.27)

Management Efficiency

Bluejay Diagnostics has return on total asset (ROA) of (0.5851) % which means that it has lost $0.5851 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.2525) %, meaning that it created substantial loss on money invested by shareholders. Bluejay Diagnostics' management efficiency ratios could be used to measure how well Bluejay Diagnostics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -1.94 in 2024. Return On Capital Employed is likely to rise to -3.16 in 2024. At this time, Bluejay Diagnostics' Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 30.1 K in 2024, whereas Net Tangible Assets are likely to drop slightly above 6.8 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 21.12  29.58 
Tangible Book Value Per Share 21.12  29.55 
Enterprise Value Over EBITDA(7.09)(7.44)
Price Book Value Ratio 23.11  24.26 
Enterprise Value Multiple(7.09)(7.44)
Price Fair Value 23.11  24.26 
Enterprise Value336 M298.7 M
Management at Bluejay Diagnostics focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta
0.728
Return On Assets
(0.59)
Return On Equity
(1.25)

Technical Drivers

As of the 1st of December, Bluejay Diagnostics shows the Standard Deviation of 13.45, mean deviation of 6.37, and Risk Adjusted Performance of (0.04). Bluejay Diagnostics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Bluejay Diagnostics Price Movement Analysis

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The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bluejay Diagnostics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bluejay Diagnostics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Bluejay Diagnostics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Bluejay Diagnostics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Bluejay Diagnostics' 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 Bluejay Diagnostics 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.

Bluejay Diagnostics Outstanding Bonds

Bluejay Diagnostics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Bluejay Diagnostics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bluejay bonds can be classified according to their maturity, which is the date when Bluejay Diagnostics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Bluejay Diagnostics Predictive Daily Indicators

Bluejay Diagnostics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bluejay Diagnostics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Bluejay Diagnostics Corporate Filings

8K
18th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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13A
14th of November 2024
An amended filing to the original Schedule 13G
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10Q
7th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
24th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
16th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10th of September 2024
Other Reports
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30th of August 2024
Other Reports
ViewVerify
8K
28th of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Bluejay Diagnostics Forecast Models

Bluejay Diagnostics' time-series forecasting models are one of many Bluejay Diagnostics' stock analysis techniques aimed at predicting 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 Bluejay Diagnostics' 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.

About Bluejay Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bluejay Diagnostics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bluejay shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bluejay Diagnostics. By using and applying Bluejay Stock analysis, traders can create a robust methodology for identifying Bluejay entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(33.60)(35.28)
Operating Profit Margin(33.67)(35.36)
Net Loss(33.35)(35.02)
Gross Profit Margin 0.18  0.16 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Bluejay Diagnostics to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Bluejay Stock Analysis

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