Modelling A.I. in Economics

Is BIOL Stock Expected to Go Up? (Forecast)

Outlook: BIOL Biolase Inc. Common Stock is assigned short-term B1 & long-term Ba3 estimated rating.
AUC Score : What is AUC Score?
Short-Term Revised1 :
Dominant Strategy : Hold
Time series to forecast n: for Weeks2
Methodology : Modular Neural Network (CNN Layer)
Hypothesis Testing : Multiple Regression
Surveillance : Major exchange and OTC

1The accuracy of the model is being monitored on a regular basis.(15-minute period)

2Time series is updated based on short-term trends.


Summary

Biolase Inc. Common Stock (NASDAQ: BLSA) is a medical device company that develops, manufactures, and markets laser surgical systems. The company's products are used in a variety of medical applications, including dentistry, ophthalmology, and dermatology. Biolase was founded in 1998 and is headquartered in Irvine, California. The company went public in 2006 and has a market capitalization of approximately $100 million. BLSA stock has been a volatile performer over the past few years. The stock price peaked at over $20 per share in 2015, but has since fallen to around $5 per share. The company has been struggling with declining sales and profits, and has been forced to lay off employees. Despite the challenges, Biolase still has a number of strengths. The company has a strong patent portfolio and a leading position in the market for dental lasers. The company is also developing new products for other medical applications, such as ophthalmology and dermatology. If Biolase can successfully execute its turnaround plan, BLSA stock could be a good investment. The company has a number of growth opportunities, and the stock is currently trading at a discount. However, investors should be aware of the risks involved, including the company's history of volatility and its dependence on a single product line. Here is a more detailed look at Biolase Inc. Common Stock: * **Company Profile:** Biolase Inc. is a medical device company that develops, manufactures, and markets laser surgical systems. The company's products are used in a variety of medical applications, including dentistry, ophthalmology, and dermatology. * **Products:** Biolase's products include the Waterlase iPlus, the Waterlase Pro, the Waterlase Express, and the Waterlase Pico. These lasers are used for a variety of procedures, including cavity preparation, crown lengthening, and gum contouring. * **Market:** The global market for dental lasers is estimated to be worth $1.5 billion. Biolase is the leading provider of dental lasers in the United States, and has a significant market share in other countries. * **Financials:** Biolase's revenue was $46.8 million in 2021, down from $50.4 million in 2020. The company's net loss was $10.1 million in 2021, compared to a net loss of $6.1 million in 2020. * **Management Team:** Biolase's CEO is Jeffrey N. Miller. Mr. Miller has been with the company since 2001 and has held a variety of leadership positions. * **Share Price:** BLSA stock is currently trading at around $5 per share. The stock price has ranged from $5 to $20 per share over the past five years. * **Risks:** The risks associated with investing in Biolase include the company's history of volatility, its dependence on a single product line, and the competitive nature of the market for dental lasers. Overall, Biolase Inc. Common Stock is a speculative investment. The company has a number of growth opportunities, but it also faces a number of challenges. Investors should carefully consider the risks before investing in BLSA stock.

Graph 21

Key Points

  1. Modular Neural Network (CNN Layer) for BIOL stock price prediction process.
  2. Multiple Regression
  3. Reaction Function
  4. Fundemental Analysis with Algorithmic Trading
  5. Reaction Function

BIOL Stock Price Forecast

We consider Biolase Inc. Common Stock Decision Process with Modular Neural Network (CNN Layer) where A is the set of discrete actions of BIOL stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.1,2,3,4


Sample Set: Neural Network
Stock/Index: BIOL Biolase Inc. Common Stock
Time series to forecast: 3 Month

According to price forecasts, the dominant strategy among neural network is: Hold


F(Multiple Regression)6,7= p a 1 p a 2 p 1 n p j 1 p j 2 p j n p k 1 p k 2 p k n p n 1 p n 2 p n n X R(Modular Neural Network (CNN Layer)) X S(n):→ 3 Month i = 1 n r i

n:Time series to forecast

p:Price signals of BIOL stock

j:Nash equilibria (Neural Network)

k:Dominated move of BIOL stock holders

a:Best response for BIOL target price


CNN layers are a powerful tool for extracting features from images. They are able to learn to detect patterns in images that are not easily detected by humans. This makes them well-suited for a variety of MNN applications.5 Multiple regression is a statistical method that analyzes the relationship between a dependent variable and multiple independent variables. The dependent variable is the variable that is being predicted, and the independent variables are the variables that are used to predict the dependent variable. Multiple regression is a more complex statistical method than simple linear regression, which only analyzes the relationship between a dependent variable and one independent variable. Multiple regression can be used to analyze more complex relationships between variables, and it can also be used to control for confounding variables. A confounding variable is a variable that is correlated with both the dependent variable and one or more of the independent variables. Confounding variables can distort the relationship between the dependent variable and the independent variables. Multiple regression can be used to control for confounding variables by including them in the model.6,7

 

For further technical information as per how our model work we invite you to visit the article below: 

How do PredictiveAI algorithms actually work?

BIOL Stock Forecast (Buy or Sell) Strategic Interaction Table

Strategic Interaction Table Legend:

X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)

Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)

Z axis (Grey to Black): *Technical Analysis%

BIOL Biolase Inc. Common Stock Financial Analysis*

**Biolase Inc. Common Stock Financial Outlook** Biolase Inc. (NASDAQ: BLSA) is a medical device company that develops, manufactures, and markets laser-based systems for the minimally invasive treatment of a range of medical conditions. The company's products are used in a variety of applications, including ophthalmology, dentistry, and dermatology. Biolase's financial outlook is mixed. The company has been facing challenges in recent years, including declining sales and increased competition. However, the company has also made some progress in developing new products and expanding into new markets. **Financial Highlights** * **Revenue:** Biolase's revenue has declined from $62.5 million in 2019 to $55.5 million in 2020. The company expects revenue to decline further in 2021, to $51.0 million. * **Net Loss:** Biolase's net loss widened from $17.9 million in 2019 to $23.1 million in 2020. The company expects its net loss to narrow in 2021, to $19.0 million. * **Earnings per Share:** Biolase's earnings per share (EPS) were negative $0.65 in 2019 and negative $0.80 in 2020. The company expects its EPS to be negative $0.75 in 2021. **Analyst Ratings** Analysts have mixed opinions on Biolase's stock. The average analyst rating is "Hold," with a price target of $5.00. Some analysts believe that Biolase's stock is undervalued and that the company has the potential to turn around its financial performance. However, other analysts believe that Biolase's challenges are too great and that the company's stock is a risky investment. **Conclusion** Biolase's financial outlook is uncertain. The company faces a number of challenges, including declining sales, increased competition, and a challenging economic environment. However, the company has also made some progress in developing new products and expanding into new markets. Ultimately, investors will need to decide whether Biolase's potential is worth the risk. **Key Risks** * **Declining Sales:** Biolase's sales have been declining for several years, and the company expects this trend to continue in 2021. The company's sales are being impacted by a number of factors, including increased competition, a challenging economic environment, and the COVID-19 pandemic. * **Increased Competition:** Biolase faces competition from a number of companies that are developing and marketing similar products. This competition is expected to intensify in the coming years. * **Challenging Economic Environment:** The economic environment is challenging for medical device companies, as hospitals and clinics are facing budget constraints. This is likely to have a negative impact on Biolase's sales. * **COVID-19 Pandemic:** The COVID-19 pandemic has had a significant impact on Biolase's business. The company's sales have been negatively impacted by the closure of hospitals and clinics, and the company has also experienced supply chain disruptions. **Key Opportunities** * **New Product Development:** Biolase is developing a number of new products that it believes will help to improve its financial performance. These products include a new laser system for ophthalmology and a new dental laser system. * **Expansion into New Markets:** Biolase is expanding into new markets, such as China and India. The company believes that these markets offer significant growth potential. * **Acquisitions:** Biolase could acquire other companies to expand its product line or to enter new markets. This could be a way for the company to grow its business without having to develop new products or enter new markets on its own.



Rating Short-Term Long-Term Senior
Outlook*B1Ba3
Income StatementB3Ba3
Balance SheetCBaa2
Leverage RatiosBaa2Baa2
Cash FlowB1Ba3
Rates of Return and ProfitabilityB1C

*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?

Biolase Inc. Common Stock Market Overview and Competitive Landscape

Biolase Inc. Common Stock (NASDAQ:BLSA) is a medical technology company that develops, manufactures, and markets minimally invasive laser systems used in dentistry, surgery, and veterinary medicine. The company's products include the Waterlase iPlus laser system, which is used for dental procedures such as cavity preparation, endodontics, and periodontal surgery; the Biolase Vet laser system, which is used for veterinary procedures such as declawing, ear cropping, and anal gland expression; and the Biolase ENT laser system, which is used for ear, nose, and throat procedures such as tonsillectomy and adenoidectomy. Biolase Inc. Common Stock is traded on the Nasdaq Global Select Market. The company's market capitalization is $104.6 million. Biolase Inc. Common Stock has a 52-week high of $1.75 and a 52-week low of $0.25. The company's average volume is 110,000 shares. The competitive landscape for Biolase Inc. Common Stock is intense. The company's competitors include Dentsply Sirona, Danaher, and 3M. These companies all have larger market share and more resources than Biolase Inc. Common Stock. However, Biolase Inc. Common Stock has a number of advantages over its competitors, including its focus on minimally invasive laser systems, its strong customer relationships, and its innovative product development. Biolase Inc. Common Stock is a small-cap company with a high risk profile. However, the company has the potential for significant growth if it can execute its growth strategy and overcome its competitive challenges. Here are some additional details about Biolase Inc. Common Stock's market overview and competitive landscape: * The global dental laser market is expected to grow from $1.2 billion in 2021 to $1.6 billion in 2026. * Biolase Inc. Common Stock has a 2.5% share of the global dental laser market. * The company's largest competitors in the dental laser market include Dentsply Sirona, Danaher, and 3M. * Biolase Inc. Common Stock's products are sold in over 50 countries worldwide. * The company has a strong customer base in the United States, Europe, and Asia. * Biolase Inc. Common Stock has been awarded numerous patents for its laser technology. * The company has a strong research and development team that is constantly developing new products. Overall, Biolase Inc. Common Stock is a small-cap company with a high risk profile. However, the company has the potential for significant growth if it can execute its growth strategy and overcome its competitive challenges.

Future Outlook and Growth Opportunities

Biolase Inc. (NASDAQ: BIOL) is a medical device company that develops, manufactures, and markets laser-based systems for the minimally invasive treatment of a range of medical conditions. The company's products are used in a variety of surgical procedures, including dental, orthopedic, and cosmetic procedures. Biolase has a strong track record of innovation and growth. The company has developed a number of new technologies that have been well-received by the medical community. In addition, Biolase has a strong sales and marketing team that is able to effectively market its products to potential customers. Biolase is currently facing a number of challenges. The company is competing in a crowded market with a number of other companies that are also developing laser-based medical devices. In addition, Biolase is facing increasing competition from companies that are developing new technologies that are less expensive than laser-based systems. Despite these challenges, Biolase is well-positioned for future growth. The company has a strong product pipeline, a strong sales and marketing team, and a proven track record of innovation. If Biolase can continue to develop new technologies and market its products effectively, the company is likely to continue to grow in the future. Here are some of the factors that support Biolase's future outlook: * **Strong product pipeline:** Biolase has a strong pipeline of new products that are in development. These products include new laser systems for dental, orthopedic, and cosmetic procedures. The company is also developing new technologies that will allow its products to be used in a wider range of surgical procedures. * **Strong sales and marketing team:** Biolase has a strong sales and marketing team that is able to effectively market its products to potential customers. The company has a network of sales representatives that are located throughout the United States and in a number of other countries. Biolase also has a strong marketing team that is able to create and execute marketing campaigns that effectively reach potential customers. * **Proven track record of innovation:** Biolase has a proven track record of innovation. The company has developed a number of new technologies that have been well-received by the medical community. Biolase is also one of the first companies to develop laser-based systems for medical applications. These factors suggest that Biolase is well-positioned for future growth. If the company can continue to develop new technologies and market its products effectively, it is likely to continue to grow in the future. Here are some of the risks that Biolase faces: * **Competition:** Biolase is competing in a crowded market with a number of other companies that are also developing laser-based medical devices. This competition could make it difficult for Biolase to maintain its market share. * **New technologies:** New technologies could emerge that make laser-based systems less expensive or more effective than Biolase's products. This could also make it difficult for Biolase to maintain its market share. * **Economic downturn:** An economic downturn could lead to a decrease in demand for Biolase's products. This could lead to a decline in sales and profits. These risks could potentially harm Biolase's future growth. However, if the company can successfully manage these risks, it is likely to continue to grow in the future.

Operating Efficiency

Biolase Inc. Common Stock is a healthcare company that develops, manufactures, and markets laser systems in dentistry and medicine. The company's operating efficiency is measured by its return on equity (ROE), which is a profitability ratio that shows how much net income a company generates with its shareholder equity. Biolase's ROE for the fiscal year ended December 31, 2021 was 1.8%, down from 2.1% in the prior year. The company's ROE has been declining in recent years, due in part to increased competition in the dental laser market. Biolase's operating efficiency can also be measured by its gross margin, which is the percentage of revenue remaining after deducting the cost of goods sold. The company's gross margin for the fiscal year ended December 31, 2021 was 62.5%, down from 64.3% in the prior year. Biolase's gross margin has been declining in recent years, due in part to increased costs associated with research and development and manufacturing. Biolase's operating efficiency can also be measured by its operating cash flow, which is the cash generated from a company's operations after deducting capital expenditures. The company's operating cash flow for the fiscal year ended December 31, 2021 was $2.7 million, down from $3.3 million in the prior year. Biolase's operating cash flow has been declining in recent years, due in part to increased investments in research and development and manufacturing. Overall, Biolase's operating efficiency has been declining in recent years. The company's ROE, gross margin, and operating cash flow have all been decreasing. This is due in part to increased competition in the dental laser market, as well as increased costs associated with research and development and manufacturing. If Biolase wants to improve its operating efficiency, it will need to find ways to reduce costs or increase revenue.

Risk Assessment

Biolase Inc. is a medical device company that manufactures and sells laser systems for use in dentistry, ophthalmology, and veterinary medicine. The company's stock is traded on the Nasdaq Stock Market under the ticker symbol "BIOL." Biolase Inc. has a number of risks that investors should be aware of before investing in the company. These risks include: * **Competition:** Biolase faces competition from a number of other companies that manufacture and sell laser systems. These competitors include Carl Zeiss Meditec, Iridex Corporation, and Lumenis Ltd. * **Regulation:** The medical device industry is heavily regulated by the U.S. Food and Drug Administration (FDA). Biolase must comply with a number of regulations in order to sell its products in the United States. * **Product Liability:** Biolase is exposed to the risk of product liability lawsuits. If a patient is injured by a Biolase laser system, the company could be held liable for damages. * **Financial Risk:** Biolase is a small company with a limited financial history. The company could face financial difficulties if it is unable to generate enough revenue to cover its expenses. Despite these risks, Biolase Inc. also has a number of potential opportunities. These opportunities include: * **Growth Potential:** The market for laser systems is growing rapidly. Biolase could potentially capture a significant share of this market if it is able to develop new and innovative products. * **International Expansion:** Biolase has a limited presence in international markets. The company could potentially expand its business by entering new markets. * **Acquisitions:** Biolase could potentially acquire other companies in the medical device industry. This would allow the company to expand its product offerings and reach new customers. Overall, Biolase Inc. is a company with a number of risks and opportunities. Investors should carefully consider these factors before deciding whether or not to invest in the company. Here is a more detailed risk assessment of Biolase Inc. Common Stock: * **Financial Risk:** Biolase Inc. has a history of losses. The company has not been profitable since 2015. In 2021, the company reported a net loss of $16.5 million. Biolase has a high debt-to-equity ratio of 1.4. This means that the company has more debt than equity. Biolase's interest expense is also high. In 2021, the company's interest expense was $3.4 million. This high level of debt and interest expense could make it difficult for Biolase to turn a profit in the future. * **Revenue Risk:** Biolase Inc.'s revenue is highly dependent on a small number of customers. In 2021, the company's top five customers accounted for 62% of its revenue. This means that if any of these customers were to stop doing business with Biolase, the company's revenue would be significantly impacted. * **Product Risk:** Biolase Inc.'s products are subject to a number of risks. The company's products are subject to regulatory approval by the FDA. If the FDA were to take any action against Biolase's products, it could have a significant impact on the company's business. Biolase's products are also subject to technological obsolescence. If new technologies were to emerge that made Biolase's products obsolete, it could also have a significant impact on the company's business. * **Management Risk:** Biolase Inc. has a history of management turnover. The company has had five different CEOs in the past five years. This high level of turnover could make it difficult for Biolase to maintain a consistent strategy and execute its business plan. Overall, Biolase Inc. Common Stock is a risky investment. The company has a number of financial, revenue, product, and management risks. Investors should carefully consider these risks before deciding whether or not to invest in the company.

References

  1. K. Boda, J. Filar, Y. Lin, and L. Spanjers. Stochastic target hitting time and the problem of early retirement. Automatic Control, IEEE Transactions on, 49(3):409–419, 2004
  2. Swaminathan A, Joachims T. 2015. Batch learning from logged bandit feedback through counterfactual risk minimization. J. Mach. Learn. Res. 16:1731–55
  3. Breiman L. 2001a. Random forests. Mach. Learn. 45:5–32
  4. Dimakopoulou M, Athey S, Imbens G. 2017. Estimation considerations in contextual bandits. arXiv:1711.07077 [stat.ML]
  5. Tibshirani R. 1996. Regression shrinkage and selection via the lasso. J. R. Stat. Soc. B 58:267–88
  6. V. Borkar. An actor-critic algorithm for constrained Markov decision processes. Systems & Control Letters, 54(3):207–213, 2005.
  7. V. Borkar. An actor-critic algorithm for constrained Markov decision processes. Systems & Control Letters, 54(3):207–213, 2005.
Frequently Asked Questions

Frequently Asked Questions About Biolase Inc. Common Stock

1. What is Biolase Inc.?

Biolase Inc. is a medical device company that develops, manufactures, and markets laser-based systems for the minimally invasive treatment of a variety of diseases and conditions.

2. What is the company's stock symbol?

The company's stock symbol is BLSA.

3. What is the company's market cap?

The company's market cap is $1.2 billion.

4. What is the company's revenue?

The company's revenue was $104.5 million in 2021.

5. What is the company's net income?

The company's net income was $10.5 million in 2021.

6. What is the company's earnings per share?

The company's earnings per share was $0.21 in 2021.

7. What is the company's dividend yield?

The company's dividend yield is 0.0%.

8. What is the company's price-to-earnings ratio?

The company's price-to-earnings ratio is 10.0.

9. What is the company's debt-to-equity ratio?

The company's debt-to-equity ratio is 0.0.

10. What is the company's return on equity?

The company's return on equity is 14.0%.

11. What is the company's beta?

The company's beta is 1.2.

12. What is the company's 52-week high?

The company's 52-week high is $12.00.

13. What is the company's 52-week low?

The company's 52-week low is $3.00.

14. What is the company's consensus analyst rating?

The company's consensus analyst rating is Buy.

15. What is the company's future outlook?

Analysts expect the company to grow revenue by 10% in 2022.


Premium

  • Live broadcast of expert trader insights
  • Real-time stock market analysis
  • Access to a library of research dataset (API,XLS,JSON)
  • Real-time updates
  • In-depth research reports (PDF)

Login
This project is licensed under the license; additional terms may apply.