NASDAQ:ANIK Anika Therapeutics (ANIK) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free ANIK Stock Alerts $25.40 -0.14 (-0.55%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$25.24▼$25.6250-Day Range$22.24▼$26.4252-Week Range$16.54▼$29.25Volume83,692 shsAverage Volume85,880 shsMarket Capitalization$377.19 millionP/E RatioN/ADividend YieldN/APrice Target$29.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Anika Therapeutics alerts: Email Address Anika Therapeutics MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside16.1% Upside$29.50 Price TargetShort InterestBearish5.41% of Float Sold ShortDividend StrengthN/ASustainability-1.84Upright™ Environmental ScoreNews Sentiment0.30Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth20.54%From $1.12 to $1.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.42 out of 5 starsMedical Sector415th out of 938 stocksSurgical & Medical Instruments Industry50th out of 97 stocks 2.3 Analyst's Opinion Consensus RatingAnika Therapeutics has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.50, Anika Therapeutics has a forecasted upside of 16.1% from its current price of $25.40.Amount of Analyst CoverageAnika Therapeutics has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.41% of the float of Anika Therapeutics has been sold short.Short Interest Ratio / Days to CoverAnika Therapeutics has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in Anika Therapeutics has recently increased by 32.43%, indicating that investor sentiment is decreasing significantly. 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 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAnika Therapeutics has received a 47.69% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Synthetic bone grafts", "Medical splints", and "Medical screws" products. See details.Environmental SustainabilityThe Environmental Impact score for Anika Therapeutics is -1.84. Previous Next 2.4 News and Social Media Coverage News SentimentAnika Therapeutics has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Anika Therapeutics this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ANIK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Anika Therapeutics to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 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 5.85% of the stock of Anika Therapeutics is held by insiders.Percentage Held by Institutions91.53% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Anika Therapeutics are expected to grow by 20.54% in the coming year, from $1.12 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Anika Therapeutics is -4.50, 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 Anika Therapeutics is -4.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAnika Therapeutics has a PEG Ratio of 2.26. 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 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> About Anika Therapeutics Stock (NASDAQ:ANIK)Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and bone preserving joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products includes Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; Cingal, a single-injection OA pain management product to provide both short- and long-term pain relief; and Hyvisc, a molecular weight injectable HA veterinary product. The company's joint preservation and restoration product family comprises 150 bone preserving joint technology products, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants, which are designed to treat upper and lower extremity orthopedic conditions; sports medicine solutions used to repair and reconstruct damaged ligaments and tendons; and orthopedic regenerative solutions, including Hyalofast and Tactoset. In addition, it offers non-orthopedic products comprising HA-based products for non-orthopedic applications including adhesion barrier, advanced wound care, ear, nose, and throat products, as well as ophthalmic products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.Read More ANIK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ANIK Stock News HeadlinesMarch 25, 2024 | americanbankingnews.comAnika Therapeutics (NASDAQ:ANIK) and Meihua International Medical Technologies (NASDAQ:MHUA) Head to Head ReviewMarch 16, 2024 | finance.yahoo.comAnika Therapeutics, Inc. (NASDAQ:ANIK) Q4 2023 Earnings Call TranscriptMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 15, 2024 | markets.businessinsider.comAnika Therapeutics: Strong Q4 Performance and Upbeat FY2024 Outlook Justify Buy Rating and Raised Price TargetMarch 14, 2024 | finanznachrichten.deAnika Therapeutics Inc.: Anika Reports Fourth Quarter and Year-End 2023 Financial ResultsMarch 14, 2024 | marketwatch.comAnika Therapeutics to Cut Workforce by 9% in Push for ProfitabilityMarch 13, 2024 | globenewswire.comAnika Reports Fourth Quarter and Year-End 2023 Financial ResultsMarch 12, 2024 | msn.comAnika Therapeutics Q4 2023 Earnings PreviewMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 12, 2024 | seekingalpha.comADC Therapeutics Q4 Earnings PreviewMarch 12, 2024 | benzinga.comEarnings Outlook For Anika TherapeuticsMarch 8, 2024 | globenewswire.comAnika Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)March 8, 2024 | reuters.comEurope waits on ECB as BOJ lights up the yenMarch 7, 2024 | finance.yahoo.comFifth Annual MedExecWomen Conference in April to Discuss This Year’s Top Opportunities in MedtechMarch 7, 2024 | msn.comActivist investor Caligan discloses 9.7% stake in Anika, nominates two director candidatesMarch 1, 2024 | finance.yahoo.comViscosupplementation Market to Reach US$ 7.81 Billion by 2030: A Comprehensive Analysis of Industry Trends, Growth Drivers, and Market ShareFebruary 27, 2024 | globenewswire.comAnika to Issue Fourth Quarter and Year-End 2023 Financial Results on Wednesday, March 13, 2024February 21, 2024 | finance.yahoo.comAnika Therapeutics Inc (AKP.BE)February 15, 2024 | finance.yahoo.comStoke Therapeutics, Inc. (STOK) Stock Jumps 25.5%: Will It Continue to Soar?February 6, 2024 | finance.yahoo.comPixelgen Technologies and Australian Biosearch Announce Distribution AgreementFebruary 6, 2024 | ca.finance.yahoo.comAnika Therapeutics, Inc. (ANIK)January 22, 2024 | finance.yahoo.comViscosupplementation Market Size Worth USD 10.51 Billion in 2032 | Emergen ResearchJanuary 18, 2024 | finance.yahoo.comIs There An Opportunity With Anika Therapeutics, Inc.'s (NASDAQ:ANIK) 50% Undervaluation?January 16, 2024 | finance.yahoo.comOsteoarthritis Therapeutics Market to grow by USD 3.96 billion from 2022-2027, North America to account for 32% of market growth - TechnavioJanuary 5, 2024 | finance.yahoo.comAdvanced Wound Care Market size to grow by USD 4.02 billion from 2022 to 2027, North America to account for 41% of market growth- TechnavioDecember 22, 2023 | msn.comKaruna Therapeutics surges 47% after Bristol Myers Squibb announces $14 billion dealDecember 12, 2023 | morningstar.comAnika Therapeutics Inc ANIKSee More Headlines Receive ANIK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Anika Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/04/2021Today3/28/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryHealth Care Supplies Current SymbolNASDAQ:ANIK CUSIP03525510 CIK898437 Webwww.anikatherapeutics.com Phone(781) 457-9000Fax781-305-9720Employees345Year Founded1992Price Target and Rating Average Stock Price Target$29.50 High Stock Price Target$37.00 Low Stock Price Target$22.00 Potential Upside/Downside+15.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($5.65) Trailing P/E RatioN/A Forward P/E Ratio22.77 P/E Growth2.26Net Income$-82,670,000.00 Net Margins-49.60% Pretax Margin-51.20% Return on Equity-2.10% Return on Assets-1.71% Debt Debt-to-Equity RatioN/A Current Ratio5.26 Quick Ratio3.76 Sales & Book Value Annual Sales$166.66 million Price / Sales2.27 Cash Flow$4.95 per share Price / Cash Flow5.15 Book Value$14.50 per share Price / Book1.76Miscellaneous Outstanding Shares14,850,000Free Float13,981,000Market Cap$378.68 million OptionableOptionable Beta0.75 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesDr. Cheryl Renee Blanchard Ph.D. (Age 60)President, CEO & Director Comp: $1.31MMr. Michael L. Levitz (Age 50)Executive VP, CFO & Treasurer Comp: $710.6kMr. David Colleran J.D. (Age 52)Executive VP, General Counsel & Corporate Secretary Comp: $664.54kMs. Anne Nunes (Age 55)Senior VP & COO Mr. Ian W. McLeodVP & Chief Accounting OfficerMr. Mark Namaroff (Age 61)Executive Director of Investor Relations & Corporate Communications Mr. James ChaseSenior Vice President of International Sales & MarketingMr. Ben JosephVice President of Commercial & Corporate DevelopmentMs. Lisa FunicielloVice President of Human ResourcesMore ExecutivesKey CompetitorsCerusNASDAQ:CERSOraSure TechnologiesNASDAQ:OSURUtah Medical ProductsNASDAQ:UTMDAtrionNASDAQ:ATRICVRxNASDAQ:CVRXView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 3,752 shares on 3/11/2024Ownership: 5.219%Fisher Asset Management LLCSold 2,105 shares on 3/5/2024Ownership: 0.264%Goldman Sachs Group Inc.Sold 1,762 shares on 3/1/2024Ownership: 0.552%GSA Capital Partners LLPBought 6,738 shares on 2/16/2024Ownership: 0.399%Citadel Advisors LLCBought 700 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions ANIK Stock Analysis - Frequently Asked Questions Should I buy or sell Anika Therapeutics stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anika Therapeutics in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ANIK shares. View ANIK analyst ratings or view top-rated stocks. What is Anika Therapeutics' stock price target for 2024? 2 Wall Street research analysts have issued 12-month price objectives for Anika Therapeutics' shares. Their ANIK share price targets range from $22.00 to $37.00. On average, they anticipate the company's stock price to reach $29.50 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts price targets for ANIK or view top-rated stocks among Wall Street analysts. How have ANIK shares performed in 2024? Anika Therapeutics' stock was trading at $22.66 on January 1st, 2024. Since then, ANIK shares have increased by 12.1% and is now trading at $25.40. View the best growth stocks for 2024 here. Are investors shorting Anika Therapeutics? Anika Therapeutics saw a increase in short interest in March. As of March 15th, there was short interest totaling 766,100 shares, an increase of 32.4% from the February 29th total of 578,500 shares. Based on an average daily volume of 84,100 shares, the short-interest ratio is currently 9.1 days. Approximately 5.4% of the company's stock are short sold. View Anika Therapeutics' Short Interest. When is Anika Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ANIK earnings forecast. How were Anika Therapeutics' earnings last quarter? Anika Therapeutics, Inc. (NASDAQ:ANIK) issued its quarterly earnings data on Thursday, November, 4th. The biotechnology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.21) by $0.26. The biotechnology company earned $39.54 million during the quarter, compared to the consensus estimate of $36.45 million. Anika Therapeutics had a negative trailing twelve-month return on equity of 2.10% and a negative net margin of 49.60%. During the same quarter last year, the company earned ($0.45) EPS. What guidance has Anika Therapeutics issued on next quarter's earnings? Anika Therapeutics issued an update on its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $168.0 million-$173.0 million, compared to the consensus revenue estimate of $179.4 million. 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), Broadcom (AVGO), Gilead Sciences (GILD), Micron Technology (MU), Skyworks Solutions (SWKS), Tesla (TSLA), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD) and Ligand Pharmaceuticals (LGND). Who are Anika Therapeutics' major shareholders? Anika Therapeutics' stock is owned by many different institutional and retail investors. Top institutional investors include Trigran Investments Inc. (14.61%), Dimensional Fund Advisors LP (5.61%), Vanguard Group Inc. (5.22%), Vanguard Group Inc. (5.22%), Capital Management Corp VA (2.43%) and Nuveen Asset Management LLC (1.81%). Insiders that own company stock include Cheryl R Blanchard, David Colleran, Jeffery S Thompson, John B Henneman III, Michael L Levitz and Raymond J Land. View institutional ownership trends. How do I buy shares of Anika Therapeutics? Shares of ANIK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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