NASDAQ:BWAY BrainsWay (BWAY) Stock Forecast, Price & News $1.93 +0.21 (+12.21%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$1.79▼$2.0150-Day Range$1.46▼$1.8252-Week Range$1.38▼$7.00Volume135,472 shsAverage Volume72,373 shsMarket Capitalization$32.00 millionP/E RatioN/ADividend YieldN/APrice Target$6.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media BrainsWay MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside245.4% Upside$6.67 Price TargetShort InterestHealthy0.04% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.25) to ($0.16) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsMedical Sector445th out of 985 stocksSurgical & Medical Instruments Industry46th out of 97 stocks 3.5 Analyst's Opinion Consensus RatingBrainsWay has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.67, BrainsWay has a forecasted upside of 245.4% from its current price of $1.93.Amount of Analyst CoverageBrainsWay has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.04% of the outstanding shares of BrainsWay have been sold short.Short Interest Ratio / Days to CoverBrainsWay has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BrainsWay has recently decreased by 2.78%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldBrainsWay does not currently pay a dividend.Dividend GrowthBrainsWay does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BWAY. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for BrainsWay this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for BWAY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BrainsWay insiders have not sold or bought any company stock.Percentage Held by Insiders19.00% of the stock of BrainsWay is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.94% of the stock of BrainsWay is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for BrainsWay are expected to grow in the coming year, from ($0.25) to ($0.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BrainsWay is -4.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BrainsWay is -4.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBrainsWay has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BrainsWay (NASDAQ:BWAY) StockBrainsway Ltd. engages in the development and sale of non-invasive neurostimulation treatments using the proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) technology for the treatment of major depressive disorder (MDD) and obsessive-compulsive disorder (OCD). The Deep TMS uses magnetic pulses to stimulate neurons and consequently modulates the physiological activity of the brain. The company was founded by Avner Hagai, Yiftach Roth, Abraham Zangen, and David Zacut on November 7, 2006 and is headquartered in Jerusalem, Israel.Read More Receive BWAY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BrainsWay and its competitors with MarketBeat's FREE daily newsletter. Email Address BWAY Stock News HeadlinesJune 5, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for BrainsWayJune 5, 2023 | markets.businessinsider.comH.C. Wainwright Keeps Their Buy Rating on Brainsway (BWAY)June 5, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 23, 2023 | markets.businessinsider.comBrainsWay Appoints Ido Marom To Succeed Scott Areglado As CFOMay 23, 2023 | msn.comBrainsWay appoints CFOMay 23, 2023 | finance.yahoo.comBrainsWay Announces Appointment of Ido Marom as CFOMay 23, 2023 | americanbankingnews.comEquities Analysts Set Expectations for BrainsWay Ltd.'s FY2023 Earnings (NASDAQ:BWAY)May 22, 2023 | americanbankingnews.comBrainsWay (NASDAQ:BWAY) Given New $3.00 Price Target at Raymond JamesJune 5, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 18, 2023 | markets.businessinsider.comBrainsWay - Aiming For Revenue Growth And ProfitabilityMay 17, 2023 | msn.comBrainsWay: Q1 Earnings InsightsMay 16, 2023 | msn.comEarnings Outlook For BrainsWayMay 16, 2023 | americanbankingnews.comBrainsWay (BWAY) Set to Announce Quarterly Earnings on WednesdayMay 12, 2023 | finance.yahoo.comBrainsway Ltd. Sponsored ADR (BWAY) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?May 11, 2023 | americanbankingnews.comShort Interest in BrainsWay Ltd. (NASDAQ:BWAY) Decreases By 64.2%May 6, 2023 | ca.finance.yahoo.comBrainsWay Ltd. (BWAY) Stock Historical Prices & Data - Yahoo FinanceMay 3, 2023 | finance.yahoo.comBrainsWay to Report First Quarter 2023 Financial Results on May 17, 2023May 2, 2023 | finance.yahoo.comBrainsWay to Participate in Clinical TMS Society and American Psychiatric Association MeetingsApril 19, 2023 | yahoo.comSmash, the Canceled TV Musical, to Become a Broadway Musical (For Real)April 18, 2023 | americanbankingnews.comHC Wainwright Weighs in on BrainsWay Ltd.'s FY2024 Earnings (NASDAQ:BWAY)April 14, 2023 | americanbankingnews.comBrainsWay (NASDAQ:BWAY) Price Target Cut to $12.00April 14, 2023 | americanbankingnews.comBrainsWay (NASDAQ:BWAY) versus Akili (NASDAQ:AKLI) Head to Head ReviewMarch 29, 2023 | marketwatch.comBrainsWay Post-Marketing Study Confirms Substantial Clinical Benefits of Deep TMS(TM) in Treating Depression and Anxious DepressionMarch 29, 2023 | finance.yahoo.comBrainsWay Post-Marketing Study Confirms Substantial Clinical Benefits of Deep TMS™ in Treating Depression and Anxious DepressionMarch 29, 2023 | americanbankingnews.comOppenheimer Comments on BrainsWay Ltd.'s Q1 2023 Earnings (NASDAQ:BWAY)March 28, 2023 | finance.yahoo.comBrainsWay Post-Marketing Study Confirms Substantial Clinical Benefits of Deep TMS™ in Treating Depression and Anxious DepressionMarch 22, 2023 | americanbankingnews.comResearch Analysts Set Expectations for BrainsWay Ltd.'s Q1 2023 Earnings (NASDAQ:BWAY)See More Headlines BWAY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BWAY Company Calendar Last Earnings3/15/2023Today6/05/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:BWAY CUSIPN/A CIK1505065 Webwww.brainsway.com Phone(722) 582-4030FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$6.67 High Stock Price Forecast$12.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+274.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.41) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-13,350,000.00 Net Margins-53.37% Pretax Margin-52.21% Return on Equity-28.89% Return on Assets-20.74% Debt Debt-to-Equity RatioN/A Current Ratio6.13 Quick Ratio5.61 Sales & Book Value Annual Sales$27.18 million Price / Sales1.09 Cash FlowN/A Price / Cash FlowN/A Book Value$2.75 per share Price / Book0.65Miscellaneous Outstanding Shares16,580,000Free Float13,430,000Market Cap$29.51 million OptionableNot Optionable Beta0.94 Key ExecutivesHadar LevyChief Executive OfficerRichard Scott AregladoChief Financial Officer & Senior Vice PresidentYiftach RothChief Scientific OfficerMoria Ben Soussan AnkriVice President-Research & DevelopmentAron TendlerChief Medical OfficerKey CompetitorsenVVeno MedicalNASDAQ:NVNOAcutus MedicalNASDAQ:AFIBVapothermNYSE:VAPOSTRATA Skin SciencesNASDAQ:SSKNCo-DiagnosticsNASDAQ:CODXView All CompetitorsInstitutional OwnershipWasatch Advisors LPSold 27,400 shares on 5/12/2023Ownership: 5.999%Renaissance Technologies LLCBought 31,415 shares on 5/12/2023Ownership: 0.190%Good Life Advisors LLCBought 18,000 shares on 5/8/2023Ownership: 0.109%View All Institutional Transactions BWAY Stock - Frequently Asked Questions Should I buy or sell BrainsWay stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BrainsWay in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BWAY shares. View BWAY analyst ratings or view top-rated stocks. What is BrainsWay's stock price forecast for 2023? 3 analysts have issued twelve-month price targets for BrainsWay's stock. Their BWAY share price forecasts range from $3.00 to $12.00. On average, they anticipate the company's share price to reach $6.67 in the next year. This suggests a possible upside of 274.5% from the stock's current price. View analysts price targets for BWAY or view top-rated stocks among Wall Street analysts. How have BWAY shares performed in 2023? BrainsWay's stock was trading at $2.47 at the beginning of the year. Since then, BWAY stock has decreased by 27.9% and is now trading at $1.78. View the best growth stocks for 2023 here. When is BrainsWay's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our BWAY earnings forecast. How were BrainsWay's earnings last quarter? BrainsWay Ltd. (NASDAQ:BWAY) released its earnings results on Wednesday, March, 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.12). The business earned $6.03 million during the quarter, compared to the consensus estimate of $6.10 million. BrainsWay had a negative trailing twelve-month return on equity of 28.89% and a negative net margin of 53.37%. What other stocks do shareholders of BrainsWay own? Based on aggregate information from My MarketBeat watchlists, some companies that other BrainsWay investors own include AbbVie (ABBV), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Pfizer (PFE), Neuronetics (STIM), Boingo Wireless (WIFI), Ampio Pharmaceuticals (AMPE), Eastman Chemical (EMN), Enbridge (ENB) and Energy Transfer (ET). When did BrainsWay IPO? (BWAY) raised $30 million in an initial public offering (IPO) on Wednesday, April 17th 2019. The company issued 2,500,000 shares at $11.94 per share. Cantor acted as the underwriter for the IPO. What is BrainsWay's stock symbol? BrainsWay trades on the NASDAQ under the ticker symbol "BWAY." Who are BrainsWay's major shareholders? BrainsWay's stock is owned by many different institutional and retail investors. Top institutional investors include Wasatch Advisors LP (6.00%), Renaissance Technologies LLC (0.19%) and Good Life Advisors LLC (0.11%). How do I buy shares of BrainsWay? Shares of BWAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BrainsWay's stock price today? One share of BWAY stock can currently be purchased for approximately $1.78. How much money does BrainsWay make? BrainsWay (NASDAQ:BWAY) has a market capitalization of $29.51 million and generates $27.18 million in revenue each year. The company earns $-13,350,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis. How can I contact BrainsWay? BrainsWay's mailing address is 19 HARTUM STREET BYNET BUILDING 3RD FL Har HaHotzvim, Jerusalem L3, 9777518. The official website for the company is www.brainsway.com. The company can be reached via phone at (722) 582-4030 or via email at hadarl@brainsway.com. 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