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BRDS

Bird Global NYSE:BRDS Stock Report

Last Price

US$0.98

Market Cap

US$273.6m

7D

-21.5%

1Y

-90.0%

Updated

16 May, 2022

Data

Company Financials +
BRDS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

BRDS Stock Overview

Bird Global, Inc., a micromobility company, engages in delivering electric transportation solutions for short distances.

Bird Global Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bird Global
Historical stock prices
Current Share PriceUS$0.98
52 Week HighUS$11.25
52 Week LowUS$0.91
Beta0
1 Month Change-50.42%
3 Month Change-72.03%
1 Year Change-90.02%
3 Year Changen/a
5 Year Changen/a
Change since IPO-91.01%

Recent News & Updates

Mar 18
Analysts Have Been Trimming Their Bird Global, Inc. (NYSE:BRDS) Price Target After Its Latest Report

Analysts Have Been Trimming Their Bird Global, Inc. (NYSE:BRDS) Price Target After Its Latest Report

One of the biggest stories of last week was how Bird Global, Inc. ( NYSE:BRDS ) shares plunged 35% in the week since...

Shareholder Returns

BRDSUS TransportationUS Market
7D-21.5%-0.04%0.7%
1Y-90.0%-22.1%-10.8%

Return vs Industry: BRDS underperformed the US Transportation industry which returned -21.4% over the past year.

Return vs Market: BRDS underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is BRDS's price volatile compared to industry and market?
BRDS volatility
BRDS Average Weekly Movement14.6%
Transportation Industry Average Movement8.4%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: BRDS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: BRDS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2017572Travis VanderZandenhttps://www.bird.co

Bird Global, Inc., a micromobility company, engages in delivering electric transportation solutions for short distances. Its sharing vehicles include e-scooters and e-bikes. The company offers a fleet of shared micro electric vehicles to riders through bird.co, as well as sells vehicles to distributors, retailers, and direct customers.

Bird Global Fundamentals Summary

How do Bird Global's earnings and revenue compare to its market cap?
BRDS fundamental statistics
Market CapUS$273.64m
Earnings (TTM)-US$211.87m
Revenue (TTM)US$205.14m

1.3x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRDS income statement (TTM)
RevenueUS$205.14m
Cost of RevenueUS$165.74m
Gross ProfitUS$39.41m
Other ExpensesUS$251.28m
Earnings-US$211.87m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 16, 2022

Earnings per share (EPS)-0.76
Gross Margin19.21%
Net Profit Margin-103.28%
Debt/Equity Ratio15.3%

How did BRDS perform over the long term?

See historical performance and comparison

Valuation

Is Bird Global undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.85x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BRDS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BRDS's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: BRDS is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.

PE vs Market: BRDS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BRDS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BRDS is good value based on its PB Ratio (0.9x) compared to the US Transportation industry average (1.8x).


Future Growth

How is Bird Global forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


52.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRDS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BRDS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BRDS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BRDS's revenue (58.2% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: BRDS's revenue (58.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BRDS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Bird Global performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: BRDS is currently unprofitable.

Growing Profit Margin: BRDS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BRDS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare BRDS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRDS is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (73.3%).


Return on Equity

High ROE: BRDS has a negative Return on Equity (-61.2%), as it is currently unprofitable.


Financial Health

How is Bird Global's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BRDS's short term assets ($229.1M) exceed its short term liabilities ($134.0M).

Long Term Liabilities: BRDS's short term assets ($229.1M) exceed its long term liabilities ($142.5M).


Debt to Equity History and Analysis

Debt Level: BRDS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if BRDS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BRDS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BRDS has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.8% each year.


Dividend

What is Bird Global current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BRDS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BRDS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BRDS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRDS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BRDS has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Travis VanderZanden (42 yo)

0.50

Tenure

US$155,740,116

Compensation

Mr. Travis VanderZanden is a Founder of Bird Global, Inc. and has been its President, Chief Executive Officer and Director since November 2021. Mr. VanderZanden was also the founder of Bird Rides, and serv...


CEO Compensation Analysis

Compensation vs Market: Travis's total compensation ($USD155.74M) is above average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Travis's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BRDS's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: BRDS's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 624.1%.


Top Shareholders

Company Information

Bird Global, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bird Global, Inc.
  • Ticker: BRDS
  • Exchange: NYSE
  • Founded: 2017
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: US$273.638m
  • Shares outstanding: 278.77m
  • Website: https://www.bird.co

Number of Employees


Location

  • Bird Global, Inc.
  • 392 NE 191st Street
  • Suite 20388
  • Miami
  • Florida
  • 33179
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.