NASDAQ:ANIKAnika Therapeutics Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Anika Therapeutics Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $33.59 +0.22 (+0.66 %) (As of 05/27/2020 09:12 AM ET) Add Compare Share Today's Range$33.41Now: $33.59▼$34.4850-Day Range$27.83MA: $31.93▼$35.8452-Week Range$22.01Now: $33.59▼$75.71Volume222,462 shsAverage Volume176,359 shsMarket Capitalization$476.98 millionP/E Ratio18.36Dividend YieldN/ABeta1.18 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingAnika Therapeutics has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.75, Anika Therapeutics has a potential upside of 60.0% from its current price of $33.59.Amount of Analyst CoverageAnika Therapeutics has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesAnika Therapeutics has received 284 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAnika Therapeutics has received 282 “underperform” votes. (Add your “underperform” vote.)Community SentimentAnika Therapeutics has received 50.18% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldAnika Therapeutics does not currently pay a dividend.Dividend GrowthAnika Therapeutics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Anika Therapeutics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.67% of the stock of Anika Therapeutics is held by insiders.Percentage Held by Institutions90.99% of the stock of Anika Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Anika Therapeutics are expected to grow by 138.89% in the coming year, from $0.54 to $1.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Anika Therapeutics is 18.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Anika Therapeutics is 18.36, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 26.22.Price to Earnings Growth RatioAnika Therapeutics has a PEG Ratio of 6.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAnika Therapeutics has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.85 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Surgical & medical instruments Sub-IndustryHealth Care Supplies SectorMedical Current SymbolNASDAQ:ANIK Previous Symbol CUSIP03525510 CIK898437 Webwww.anikatherapeutics.com Phone781-457-9000Debt Debt-to-Equity Ratio0.07 Current Ratio5.99 Quick Ratio4.68Price-To-Earnings Trailing P/E Ratio18.36 Forward P/E Ratio62.20 P/E Growth6.18 Sales & Book Value Annual Sales$114.51 million Price / Sales4.17 Cash Flow$2.53 per share Price / Cash Flow13.30 Book Value$20.52 per share Price / Book1.64Profitability EPS (Most Recent Fiscal Year)$2.05 Net Income$27.19 million Net Margins20.87% Return on Equity11.29% Return on Assets9.41%Miscellaneous Employees133 Outstanding Shares14,200,000Market Cap$476.98 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:ANIK Rates by TradingView Receive ANIK News and Ratings via Email Sign-up to receive the latest news and ratings for ANIK and its competitors with MarketBeat's FREE daily newsletter. 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ANIK stock has decreased by 7.7% and is now trading at $33.59. 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) announced its quarterly earnings data 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 had revenue of $35.40 million for the quarter, compared to analysts' expectations 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 analysts have issued 12 month price targets for Anika Therapeutics' stock. Their forecasts range from $29.00 to $65.00. On average, they anticipate Anika Therapeutics' stock price to reach $53.75 in the next year. This suggests a possible upside of 60.0% from the stock's current price. View analysts' price targets for Anika Therapeutics. Has Anika Therapeutics been receiving favorable news coverage? News headlines about ANIK stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Anika Therapeutics earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutAnika Therapeutics. Who are some of Anika Therapeutics' key competitors? Some companies that are related to Anika Therapeutics include Align Technology (ALGN), West Pharmaceutical Services (WST), Cooper Companies (COO), DENTSPLY SIRONA (XRAY), Quidel (QDEL), Haemonetics (HAE), ICU Medical (ICUI), Neogen (NEOG), Merit Medical Systems (MMSI), STAAR Surgical (STAA), Atrion (ATRI), Cerus (CERS), OraSure Technologies (OSUR), Meridian Bioscience (VIVO) and Antares Pharma (ATRS). View all 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 investors 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 major 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 major investors are buying Anika Therapeutics stock? ANIK stock was bought 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 $33.59. How big of a company is Anika Therapeutics? Anika Therapeutics has a market capitalization of $476.98 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 5/27/2020 by MarketBeat.com Staff
