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The closing price of Blade Air Mobility Inc (NASDAQ: BLDE) was $3.84 for the day, up 2.40% from the previous closing price of $3.75. In other words, the price has increased by $2.40 from its previous closing price. On the day, 0.82 million shares were traded.
Ratios:
Our analysis of BLDE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.32 and its Current Ratio is at 6.32. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Ladenburg Thalmann on July 18, 2023, initiated with a Buy rating and assigned the stock a target price of $13.
On July 17, 2023, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $13.
On September 28, 2021, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $14.Oppenheimer initiated its Outperform rating on September 28, 2021, with a $14 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 06 ’25 when Heyburn William A. sold 103,670 shares for $5.02 per share. The transaction valued at 520,517 led to the insider holds 1,223,120 shares of the business.
Heyburn William A. sold 900 shares of BLDE for $4,503 on Jan 07 ’25. The Chief Financial Officer now owns 1,222,220 shares after completing the transaction at $5.00 per share. On Dec 13 ’24, another insider, Love Reginald, who serves as the Director of the company, sold 5,091 shares for $4.05 each. As a result, the insider received 20,619 and left with 100,363 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.29.
Stock Price History:
Over the past 52 weeks, BLDE has reached a high of $5.17, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is -5.97%, while the 200-Day Moving Average is calculated to be 9.05%.
Shares Statistics:
A total of 78.31M shares are outstanding, with a floating share count of 55.71M. Insiders hold about 28.86% of the company’s shares, while institutions hold 52.15% stake in the company.
Earnings Estimates
The stock of Blade Air Mobility Inc (BLDE) is currently in the spotlight, with 2.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.35 and -$0.35 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.17, with 2.0 analysts recommending between -$0.13 and -$0.21.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $52M to a low estimate of $50.25M. As of the current estimate, Blade Air Mobility Inc’s year-ago sales were $47.48MFor the next quarter, 4 analysts are estimating revenue of $50.4M. There is a high estimate of $50.4M for the next quarter, whereas the lowest estimate is $50.4M.
A total of 5 analysts have provided revenue estimates for BLDE’s current fiscal year. The highest revenue estimate was $248M, while the lowest revenue estimate was $244.59M, resulting in an average revenue estimate of $245.62M. In the same quarter a year ago, actual revenue was $225.18MBased on 4 analysts’ estimates, the company’s revenue will be $257.54M in the next fiscal year. The high estimate is $259.58M and the low estimate is $255.73M.
