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NASDAQ:ANIKAnika Therapeutics Stock Price, Forecast & News

$33.37
+0.73 (+2.24 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$32.34
Now: $33.37
$33.49
50-Day Range
$27.83
MA: $31.55
$35.84
52-Week Range
$22.01
Now: $33.37
$75.71
Volume100,695 shs
Average Volume181,571 shs
Market Capitalization$473.85 million
P/E Ratio18.24
Dividend YieldN/A
Beta1.18
Anika 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 MATRIX, HYAFF fibers 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; 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. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.73 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$114.51 million
Cash Flow$2.51 per share
Book Value$20.21 per share

Profitability

Net Income$27.19 million

Miscellaneous

Employees133
Market Cap$473.85 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Anika Therapeutics (NASDAQ:ANIK) Frequently Asked Questions

How has Anika Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

Anika Therapeutics' stock was trading at $36.39 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ANIK shares have decreased by 8.3% and is now trading at $33.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Anika Therapeutics?

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

When is Anika Therapeutics' next earnings date?

Anika Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Anika Therapeutics.

How were Anika Therapeutics' earnings last quarter?

Anika Therapeutics Inc (NASDAQ:ANIK) posted its earnings results on Thursday, May, 7th. The biotechnology company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.16. The biotechnology company earned $35.40 million during the quarter, compared to the consensus estimate of $36.06 million. Anika Therapeutics had a return on equity of 11.29% and a net margin of 20.87%. View Anika Therapeutics' earnings history.

What price target have analysts set for ANIK?

4 brokers have issued 1-year price targets for Anika Therapeutics' shares. Their forecasts range from $29.00 to $65.00. On average, they anticipate Anika Therapeutics' share price to reach $53.75 in the next year. This suggests a possible upside of 61.1% from the stock's current price. View analysts' price targets for Anika Therapeutics.

Has Anika Therapeutics been receiving favorable news coverage?

Media stories about ANIK stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Anika Therapeutics earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutAnika Therapeutics.

Who are some of Anika Therapeutics' key competitors?

What other stocks do shareholders of Anika Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Anika Therapeutics investors own include Alibaba Group (BABA), Gilead Sciences (GILD), Broadcom (AVGO), CVS Health (CVS), Celgene (CELG), Walt Disney (DIS), Enterprise Products Partners (EPD), NVIDIA (NVDA), Skyworks Solutions (SWKS) and AT&T (T).

Who are Anika Therapeutics' key executives?

Anika Therapeutics' management team includes the following people:
  • Mr. Joseph G. Darling, CEO, Pres & Director (Age 61)
  • Ms. Sylvia Cheung, CFO, Treasurer & Sec. (Age 44)
  • Dr. Edward S. Ahn, Chief Technology & Strategy Officer (Age 47)
  • Mr. Thomas M. Finnerty, Chief HR Officer (Age 61)
  • Mr. Alexei Goraltchouk, VP of Operations

What is Anika Therapeutics' stock symbol?

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

Who are Anika Therapeutics' major shareholders?

Anika Therapeutics' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.77%), State Street Corp (6.08%), Boston Trust Walden Corp (2.74%), Boston Trust Walden Corp (2.30%), Wells Fargo & Company MN (1.68%) and Geode Capital Management LLC (1.51%). Company insiders that own Anika Therapeutics stock include Glenn R Larsen, Jeffery S Thompson, Joseph G Darling, Joseph L Bower, Raymond J Land and Sylvia Cheung. 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 Morgan Stanley, Nuveen Asset Management LLC, Baird Financial Group Inc., Wells Fargo & Company MN, AJO LP, BlackRock Inc., Two Sigma Advisers LP, and Parametric Portfolio Associates LLC. Company insiders that have sold Anika Therapeutics company stock in the last year include Glenn R Larsen, Jeffery S Thompson, Joseph L Bower, Raymond J Land, and Sylvia Cheung. View insider buying and selling activity for Anika Therapeutics.

Which institutional investors are buying Anika Therapeutics stock?

ANIK stock was purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Boston Trust Walden Corp, Los Angeles Capital Management & Equity Research Inc., Assenagon Asset Management S.A., Nomura Holdings Inc., Capital Management Corp VA, Euclidean Technologies Management LLC, and Foundry Partners LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Anika Therapeutics' stock price today?

One share of ANIK stock can currently be purchased for approximately $33.37.

How big of a company is Anika Therapeutics?

Anika Therapeutics has a market capitalization of $473.85 million and generates $114.51 million in revenue each year. The biotechnology company earns $27.19 million in net income (profit) each year or $2.05 on an earnings per share basis. Anika Therapeutics employs 133 workers across the globe.

What is Anika Therapeutics' official website?

The official website for Anika Therapeutics is 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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