NASDAQ:ANIK - Anika Therapeutics Stock Price, News, & Analysis

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$42.38 +1.36 (+3.32 %)
(As of 09/25/2018 01:49 AM ET)
Previous Close$41.02
Today's Range$41.00 - $42.48
52-Week Range$28.54 - $69.81
Volume123,100 shs
Average Volume163,972 shs
Market Capitalization$598.22 million
P/E Ratio21.04
Dividend YieldN/A
Beta2.04
Anika Therapeutics logoAnika Therapeutics, Inc., together with its subsidiaries, provides orthopedic medicines for patients with degenerative orthopedic diseases and traumatic conditions in the United States and internationally. The company develops, manufactures, and commercializes therapeutic products based on its proprietary hyaluronic acid (HA) technology. Its orthobiologics products comprise ORTHOVISC, ORTHOVISC mini, MONOVISC, and CINGAL for the treatment of osteoarthritis of the knee; HYALOFAST, a biodegradable support for human bone marrow mesenchymal stem cells used for cartilage regeneration and as an adjunct for microfracture surgery; HYALONECT, a resorbable knitted fabric mesh; HYALOSS used to mix blood/bone grafts to form a paste for bone regeneration; and HYALOGLIDE, an ACP gel used in tenolysis treatment. The company's dermal products include wound care products that comprise HYALOMATRIX and HYALOFILL for the treatment of complex wounds, such as burns and ulcers, and for use in connection with the regeneration of skin; and ELEVESS, an aesthetic dermatology product. Its surgical products comprise HYALOBARRIER, a post-operative adhesion barrier for use in the abdomino-pelvic area; INCERT, a HA product used for the prevention of post-surgical spinal adhesions; MEROGEL, a woven fleece nasal packing; and MEROGEL INJECTABLE, a viscous hydrogel. The company also offers ophthalmic products, including injectable HA products that are used as viscoelastic agents in ophthalmic surgical procedures, such as cataract extraction and intraocular lens implantation; and veterinary products, which include HYVISC, an injectable HA product for the treatment of joint dysfunction in horses. Anika Therapeutics, Inc. has a strategic collaboration with the Institute for Applied Life Sciences at the University of Massachusetts Amherst to develop a therapy for rheumatoid arthritis. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryHealth Care Supplies
SectorMedical
SymbolNASDAQ:ANIK
CUSIP03525510
Phone781-457-9000

Debt

Debt-to-Equity RatioN/A
Current Ratio15.24
Quick Ratio13.32

Price-To-Earnings

Trailing P/E Ratio21.04
Forward P/E Ratio27.34
P/E Growth2.65

Sales & Book Value

Annual Sales$113.42 million
Price / Sales5.45
Cash Flow$2.3822 per share
Price / Cash17.79
Book Value$17.97 per share
Price / Book2.36

Profitability

EPS (Most Recent Fiscal Year)$1.96
Net Income$31.81 million
Net Margins16.94%
Return on Equity9.53%
Return on Assets8.85%

Miscellaneous

Employees123
Outstanding Shares14,580,000
Market Cap$598.22 million

Anika Therapeutics (NASDAQ:ANIK) Frequently Asked Questions

What is Anika Therapeutics' stock symbol?

Anika Therapeutics trades on the NASDAQ under the ticker symbol "ANIK."

How were Anika Therapeutics' earnings last quarter?

Anika Therapeutics Inc (NASDAQ:ANIK) posted its earnings results on Wednesday, July, 25th. The biotechnology company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.29 by $0.39. The biotechnology company had revenue of $30.55 million for the quarter, compared to analyst estimates of $27.47 million. Anika Therapeutics had a return on equity of 9.53% and a net margin of 16.94%. Anika Therapeutics's revenue for the quarter was down 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.76 earnings per share. View Anika Therapeutics' Earnings History.

When is Anika Therapeutics' next earnings date?

Anika Therapeutics is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Anika Therapeutics.

What price target have analysts set for ANIK?

3 brokerages have issued 12 month target prices for Anika Therapeutics' stock. Their forecasts range from $34.00 to $48.00. On average, they expect Anika Therapeutics' stock price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for Anika Therapeutics.

What is the consensus analysts' recommendation for Anika Therapeutics?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anika Therapeutics in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Anika Therapeutics.

What are Wall Street analysts saying about Anika Therapeutics stock?

Here are some recent quotes from research analysts about Anika Therapeutics stock:
  • 1. According to Zacks Investment Research, "Anika Therapeutics, Inc. is a global, integrated orthopedic medicines company based in Bedford, Massachusetts. Anika is committed to improving the lives of patients with degenerative orthopedic diseases and traumatic conditions with clinically meaningful therapies along the continuum of care, from palliative pain management to regenerative cartilage repair. Anika's orthopedic medicine portfolio includes ORTHOVISC, MONOVISC, and CINGAL, which alleviate pain and restore joint function by replenishing depleted HA, and HYALOFAST, a solid HA-based scaffold to aid cartilage repair and regeneration. " (8/21/2018)
  • 2. Barrington Research analysts commented, "We expect gross margin to bounce back by a few hundred basis points as the year progresses." (5/4/2018)

Who are some of Anika Therapeutics' key competitors?

Who are Anika Therapeutics' key executives?

Anika Therapeutics' management team includes the folowing people:
  • Mr. Joseph G. Darling, CEO, Pres & Director (Age 60)
  • Ms. Sylvia Cheung, CFO, Treasurer & Sec. (Age 43)
  • Dr. Edward S. Ahn, Chief Technology & Strategy Officer (Age 46)
  • Mr. Richard Hague, Chief Commercial Officer (Age 58)
  • Mr. Alexei Goraltchouk, VP of Operations

Who are Anika Therapeutics' major shareholders?

Anika Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.11%), Dimensional Fund Advisors LP (6.70%), Bank of New York Mellon Corp (3.45%), Bank of New York Mellon Corp (3.45%), First Manhattan Co. (3.34%) and AMI Asset Management Corp (2.34%). Company insiders that own Anika Therapeutics stock include Charles H Sherwood, Jeffery S Thompson, Joseph I Bower and Richard Hague. View Institutional Ownership Trends for Anika Therapeutics.

Which institutional investors are selling Anika Therapeutics stock?

ANIK stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of New York Mellon Corp, California Public Employees Retirement System, Fisher Asset Management LLC, Bbva Compass Bancshares Inc., Russell Investments Group Ltd., BTIM Corp. and BlueMountain Capital Management LLC. Company insiders that have sold Anika Therapeutics company stock in the last year include Charles H Sherwood and Richard Hague. View Insider Buying and Selling for Anika Therapeutics.

Which institutional investors are buying Anika Therapeutics stock?

ANIK stock was acquired by a variety of institutional investors in the last quarter, including First Manhattan Co., Engaged Capital LLC, BlackRock Inc., Renaissance Technologies LLC, Portolan Capital Management LLC, AMI Asset Management Corp, Capital Management Corp VA and Dimensional Fund Advisors LP. View Insider Buying and Selling for Anika Therapeutics.

How do I buy shares of Anika Therapeutics?

Shares of ANIK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Anika Therapeutics' stock price today?

One share of ANIK stock can currently be purchased for approximately $42.38.

How big of a company is Anika Therapeutics?

Anika Therapeutics has a market capitalization of $598.22 million and generates $113.42 million in revenue each year. The biotechnology company earns $31.81 million in net income (profit) each year or $1.96 on an earnings per share basis. Anika Therapeutics employs 123 workers across the globe.

What is Anika Therapeutics' official website?

The official website for Anika Therapeutics is http://www.anikatherapeutics.com.

How can I contact Anika Therapeutics?

Anika Therapeutics' mailing address is 32 WIGGINS AVENUE, BEDFORD MA, 01730. The biotechnology company can be reached via phone at 781-457-9000 or via email at [email protected]therapeutics.com.


MarketBeat Community Rating for Anika Therapeutics (NASDAQ ANIK)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  342
MarketBeat's community ratings are surveys of what our community members think about Anika Therapeutics and other stocks. Vote "Outperform" if you believe ANIK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ANIK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/25/2018 by MarketBeat.com Staff

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