company background image
BEAT logo

HeartBeam NasdaqCM:BEAT Stock Report

Last Price

US$2.39

Market Cap

US$63.7m

7D

-14.0%

1Y

9.6%

Updated

24 Dec, 2024

Data

Company Financials +

BEAT Stock Overview

A medical technology company, primarily focuses on developing and commercializing ambulatory electrocardiogram solutions that enable the detection and monitoring of cardiac disease inside and outside a healthcare facility setting. More details

BEAT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

HeartBeam, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for HeartBeam
Historical stock prices
Current Share PriceUS$2.39
52 Week HighUS$3.48
52 Week LowUS$1.35
Beta-0.84
1 Month Change-14.34%
3 Month Change4.82%
1 Year Change9.63%
3 Year Change-23.15%
5 Year Changen/a
Change since IPO-49.04%

Recent News & Updates

Recent updates

Here's Why We're Watching HeartBeam's (NASDAQ:BEAT) Cash Burn Situation

Sep 19
Here's Why We're Watching HeartBeam's (NASDAQ:BEAT) Cash Burn Situation

Companies Like HeartBeam (NASDAQ:BEAT) Could Be Quite Risky

Jan 17
Companies Like HeartBeam (NASDAQ:BEAT) Could Be Quite Risky

HeartBeam gets a new chief medical officer

Oct 11

HeartBeam gets patent to enable generation of its credit card-sized ECG, shares rise ~15%

Sep 28

HeartBeam surges 54% on U.S. patent for ECG patch monitor to detect heart attacks

Sep 15

HeartBeam GAAP EPS of $0.43 beats by $0.70

Aug 11

HeartBeam: Cardiovascular Diagnostics On The Go

Dec 14

Shareholder Returns

BEATUS Medical EquipmentUS Market
7D-14.0%-0.3%-0.4%
1Y9.6%10.5%24.8%

Return vs Industry: BEAT matched the US Medical Equipment industry which returned 10.1% over the past year.

Return vs Market: BEAT underperformed the US Market which returned 23.9% over the past year.

Price Volatility

Is BEAT's price volatile compared to industry and market?
BEAT volatility
BEAT Average Weekly Movement11.0%
Medical Equipment Industry Average Movement7.9%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: BEAT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BEAT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201520Rob Enowww.heartbeam.com

HeartBeam, Inc., a medical technology company, primarily focuses on developing and commercializing ambulatory electrocardiogram solutions that enable the detection and monitoring of cardiac disease inside and outside a healthcare facility setting. The company develops three-dimensional vector images of cardiac electrical activity. It is developing HeartBeam AIMIGo, a credit card-sized cloud-based diagnostic software systems to address heart attack detection.

HeartBeam, Inc. Fundamentals Summary

How do HeartBeam's earnings and revenue compare to its market cap?
BEAT fundamental statistics
Market capUS$63.73m
Earnings (TTM)-US$18.42m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEAT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$18.42m
Earnings-US$18.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.69
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did BEAT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 10:46
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HeartBeam, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin HaynorAlliance Global Partners
William SutherlandBenchmark Company
Leo CarpioJoseph Gunnar & Co., LLC