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HeartBeam Inc BEAT

Morningstar Rating
$2.05 +0.01 (0.49%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BEAT is trading at a 65% discount.
Price
$2.06
Fair Value
$6.47
Uncertainty
Extreme
1-Star Price
$85.15
5-Star Price
$6.33
Economic Moat
Jcyvc
Capital Allocation
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News

Trading Information

Previous Close Price
$2.04
Day Range
$2.002.07
52-Week Range
$1.063.74
Bid/Ask
$2.05 / $2.17
Market Cap
$53.97 Mil
Volume/Avg
13,855 / 134,594

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

HeartBeam Inc is a medical technology company primarily focusing on developing and commercializing higher resolution ambulatory Electrocardiogram ("ECG") solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility setting. The Company’s ability to develop higher-resolution ECG solutions is achieved through the development of the Company’s proprietary and patented Vector Electrocardiography ("VECG") technology platform. The Company has validated this technology and is seeking U.S. Food and Drug Administration ("FDA") clearance for its initial telehealth products.
Sector
Healthcare
Industry
Health Information Services
Stock Style Box
Small Growth
Total Number of Employees
15

Comparables

Valuation

Metric
BEAT
LFST
OPCH
Price/Earnings (Normalized)
28.15
Price/Book Value
3.301.643.64
Price/Sales
2.151.21
Price/Cash Flow
134.6413.46
Price/Earnings
BEAT
LFST
OPCH

Financial Strength

Metric
BEAT
LFST
OPCH
Quick Ratio
13.561.011.17
Current Ratio
14.091.111.77
Interest Coverage
−8.748.00
Quick Ratio
BEAT
LFST
OPCH

Profitability

Metric
BEAT
LFST
OPCH
Return on Assets (Normalized)
−89.43%−4.64%9.04%
Return on Equity (Normalized)
−100.02%−6.76%20.48%
Return on Invested Capital (Normalized)
−105.93%−4.11%12.73%
Return on Assets
BEAT
LFST
OPCH
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Name
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Capital Allocation
Economic Moat
Market Cap
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VEEV
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SOLV
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MTHRF
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MTHRY
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PMCUF
Pro Medicus LtdPggkmx$7.2 Bil
HQY
HealthEquity IncVpzmpr$6.8 Bil
RCM
R1 RCM IncFrtj$5.0 Bil
DOCS
Doximity Inc Class AHgjyf$4.5 Bil
EVH
Evolent Health Inc Class AYlkk$3.3 Bil

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