Avinger Company Profile (NASDAQ:AVGR)

About Avinger (NASDAQ:AVGR)

Avinger logoAvinger, Inc. is a commercial-stage medical device company. The Company designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral arterial disease (PAD). The Company focuses on introducing products based on its lumivascular platform, which is an intravascular image-guided system. The Company manufactures and sells a suite of products in the United States and certain European markets. The Company's products include Lightbox imaging console, as well as its Wildcat, Kittycat and the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO). The lumivascular platform offers real-time visualization of the inside of the artery during PAD treatment. The lumivascular platform consists of a capital component Lightbox and a range of disposable catheter products, including Ocelot, Ocelot PIXL, Ocelot MVRX and Pantheris.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Imaging Systems
  • Sub-Industry: N/A
  • Symbol: NASDAQ:AVGR
  • CUSIP: N/A
  • Web: www.avinger.com
Capitalization:
  • Market Cap: $6.95 million
  • Outstanding Shares: 23,913,000
Average Prices:
  • 50 Day Moving Avg: $0.44
  • 200 Day Moving Avg: $1.07
  • 52 Week Range: $0.26 - $5.15
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.23
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $15.94 million
  • Price / Sales: 0.44
  • Book Value: ($0.87) per share
  • Price / Book: -0.33
Profitability:
  • EBIDTA: ($46,300,000.00)
  • Net Margins: -342.46%
  • Return on Equity: -2,432.46%
  • Return on Assets: -119.80%
Debt:
  • Current Ratio: 0.49%
  • Quick Ratio: 0.35%
Misc:
  • Average Volume: 1.32 million shs.
  • Beta: -0.23
  • Short Ratio: 1.4
 

Frequently Asked Questions for Avinger (NASDAQ:AVGR)

What is Avinger's stock symbol?

Avinger trades on the NASDAQ under the ticker symbol "AVGR."

How were Avinger's earnings last quarter?

Avinger, Inc. (NASDAQ:AVGR) announced its quarterly earnings results on Monday, August, 1st. The company reported ($1.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($1.15) by $0.09. The firm had revenue of $4.70 million for the quarter, compared to analyst estimates of $3.05 million. Avinger had a negative net margin of 342.46% and a negative return on equity of 2,432.46%. View Avinger's Earnings History.

Where is Avinger's stock going? Where will Avinger's stock price be in 2017?

4 equities research analysts have issued twelve-month price objectives for Avinger's stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Avinger's stock price to reach $5.00 in the next twelve months. View Analyst Ratings for Avinger.

Are investors shorting Avinger?

Avinger saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,239,364 shares, an increase of 24.6% from the July 14th total of 1,797,593 shares. Based on an average daily trading volume, of 476,700 shares, the days-to-cover ratio is presently 4.7 days. Currently, 10.2% of the company's shares are sold short.

Who are some of Avinger's key competitors?

Who are Avinger's key executives?

Avinger's management team includes the folowing people:

  • John B. Simpson M.D. Ph.D., Executive Chairman of the Board
  • Jeffrey M. Soinski, President, Chief Executive Officer, Director
  • Matthew B. Ferguson, Chief Business Officer and Chief Financial Officer
  • Sougata Banerjee, Senior Vice President - Operations and Quality
  • Himanshu N. Patel, Chief Technology Officer
  • Philip R. Preuss, Vice President - Marketing and Business Operations
  • James G. Cullen, Independent Director
  • Thomas J. Fogarty M.D., Independent Director
  • Donald A. Lucas Jr., Independent Director
  • James B. McElwee, Independent Director

When did Avinger IPO?

(AVGR) raised $60 million in an initial public offering on Friday, January 30th 2015. The company issued 4,600,000 shares at a price of $12.00-$14.00 per share. Canaccord Genuity and Cowen and Company acted as the underwriters for the IPO and Oppenheimer, BTIG and Stephens were co-managers.

Who owns Avinger stock?

Avinger's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.50%). Company insiders that own Avinger stock include Donald A Lucas, Himanshu Patel, Jeffrey M Soinski, John B Ph D Md Simpson, John D Simpson and Matthew Ferguson. View Institutional Ownership Trends for Avinger.

Who sold Avinger stock? Who is selling Avinger stock?

Avinger's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. View Insider Buying and Selling for Avinger.

How do I buy Avinger stock?

Shares of Avinger can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Avinger's stock price today?

One share of Avinger stock can currently be purchased for approximately $0.29.


MarketBeat Community Rating for Avinger (NASDAQ AVGR)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  227
MarketBeat's community ratings are surveys of what our community members think about Avinger and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avinger (NASDAQ:AVGR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $5.00 (1,619.39% upside)

Analysts' Ratings History for Avinger (NASDAQ:AVGR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/14/2017Cowen and CompanyReiterated RatingBuyN/AView Rating Details
4/12/2017CIBCDowngradeOutperform -> Market PerformHighView Rating Details
4/12/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform -> Market PerformHighView Rating Details
4/11/2017Canaccord GenuityDowngradeBuy -> HoldHighView Rating Details
8/15/2016BTIG ResearchReiterated RatingBuy$18.00 -> $6.00N/AView Rating Details
1/4/2016Dougherty & CoDowngradeBuy -> HoldN/AView Rating Details
(Data available from 8/17/2015 forward)

Earnings

Earnings History for Avinger (NASDAQ:AVGR)
Earnings by Quarter for Avinger (NASDAQ:AVGR)
Earnings History by Quarter for Avinger (NASDAQ AVGR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2017Q4 2016($0.55)($0.58)$4.70 million$4.68 millionViewListenView Earnings Details
11/3/2016Q3($0.84)($0.73)$4.90 million$5.30 millionViewN/AView Earnings Details
8/1/2016Q2($1.15)($1.06)$3.05 million$4.70 millionViewListenView Earnings Details
5/4/2016Q1($1.17)($1.28)$2.90 million$4.54 millionViewListenView Earnings Details
3/1/2016Q4($1.04)($1.07)$3.10 million$2.86 millionViewListenView Earnings Details
11/5/2015Q315($0.88)($1.08)$3.10 million$2.70 millionViewListenView Earnings Details
7/28/2015Q215($1.16)($0.83)$2.72 million$3.00 millionViewListenView Earnings Details
5/6/2015Q1($1.15)($1.53)$2.30 million$2.09 millionViewListenView Earnings Details
3/12/2015Q414($0.75)($33.62)$3.10 million$3.07 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avinger (NASDAQ:AVGR)
2017 EPS Consensus Estimate: ($1.94)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.73)($0.73)($0.73)
Q2 20171($0.46)($0.46)($0.46)
Q3 20171($0.38)($0.38)($0.38)
Q4 20171($0.37)($0.37)($0.37)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Avinger (NASDAQ:AVGR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Avinger (NASDAQ:AVGR)
Insider Ownership Percentage: 30.50%
Institutional Ownership Percentage: 60.97%
Insider Trades by Quarter for Avinger (NASDAQ:AVGR)
Institutional Ownership by Quarter for Avinger (NASDAQ:AVGR)
Insider Trades by Quarter for Avinger (NASDAQ:AVGR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2016Jeffrey M SoinskiCEOBuy57,100$3.50$199,850.00View SEC Filing  
8/16/2016Matthew FergusonCFOBuy7,000$3.50$24,500.00View SEC Filing  
5/6/2016Donald A LucasDirectorSell9,309$12.58$117,107.22View SEC Filing  
5/6/2016Himanshu PatelInsiderSell10,000$13.40$134,000.00View SEC Filing  
4/15/2016John B Ph D Md SimpsonMajor ShareholderSell75,111$13.11$984,705.21View SEC Filing  
3/11/2016John B Ph D Md SimpsonMajor ShareholderSell40,000$11.44$457,600.00View SEC Filing  
3/11/2016Matthew FergusonCFOBuy1,500$11.37$17,055.00View SEC Filing  
12/14/2015Donald A LucasDirectorSell2,500$16.22$40,550.00View SEC Filing  
12/11/2015Donald A LucasDirectorSell4,000$15.92$63,680.00View SEC Filing  
11/25/2015John B Ph D Md SimpsonMajor ShareholderSell100,000$17.26$1,726,000.00View SEC Filing  
11/24/2015John B Ph D Md SimpsonChairmanSell42,445$17.20$730,054.00View SEC Filing  
2/4/2015Himanshu PatelCTOSell1,731$13.00$22,503.00View SEC Filing  
2/4/2015James CullenDirectorSell2,307$13.00$29,991.00View SEC Filing  
2/4/2015Matthew FergusonCFOSell1,154$13.00$15,002.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Avinger (NASDAQ:AVGR)
Latest Headlines for Avinger (NASDAQ:AVGR)
Source:
DateHeadline
finance.yahoo.com logoAvinger, Inc. :AVGR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 16 at 4:47 PM
finance.yahoo.com logoEQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - August 14 at 9:38 PM
americanbankingnews.com logoAvinger, Inc. (NASDAQ:AVGR) Short Interest Update
www.americanbankingnews.com - August 13 at 2:20 AM
feeds.benzinga.com logoIMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Avinger, Inc. and Reminds Investors with Losses to Contact the Firm
feeds.benzinga.com - August 12 at 1:31 AM
finance.yahoo.com logoScott+Scott, Attorneys at Law, LLP Announces Deadline for Lead Plaintiff Motions in Federal Securities Case Against Avinger, Inc. (NASDAQ: AVGR)
finance.yahoo.com - August 10 at 3:55 PM
seekingalpha.com logoAvinger's (AVGR) CEO Jeff Soinski on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 9 at 9:28 PM
finance.yahoo.com logoEdited Transcript of AVGR earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 9 at 4:26 PM
finance.yahoo.com logoAvinger reports 2Q loss
finance.yahoo.com - August 9 at 4:26 PM
finance.yahoo.com logoAvinger Announces Second Quarter 2017 Results
finance.yahoo.com - August 8 at 9:05 PM
finance.yahoo.com logoAvinger Announces Participation in Canaccord Genuity 37th Annual Growth Conference
finance.yahoo.com - August 3 at 5:38 PM
finance.yahoo.com logoScott+Scott, Attorneys at Law, LLP Announces Deadline for Lead Plaintiff Motions in Federal Securities Case Against Avinger, Inc. (AVGR)
finance.yahoo.com - August 1 at 5:10 PM
americanbankingnews.com logoAvinger, Inc. (AVGR) to Release Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:31 AM
americanbankingnews.com logoCritical Review: EndoChoice Holdings (GI) versus Avinger (AVGR)
www.americanbankingnews.com - July 26 at 8:28 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Avinger, Inc. (AVGR) & Lead Plaintiff Deadline: September 5, 2017
finance.yahoo.com - July 26 at 4:51 PM
finance.yahoo.com logoAvinger to Announce Second Quarter 2017 Results on August 8, 2017
finance.yahoo.com - July 26 at 4:51 PM
americanbankingnews.com logoAvinger, Inc. (AVGR) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 6:45 PM
americanbankingnews.com logoReviewing Analogic Corporation (ALOG) and Avinger (NASDAQ:AVGR)
www.americanbankingnews.com - July 25 at 6:12 PM
finance.yahoo.com logoAVGR Investors Update: Hagens Berman Updates Investors in Avinger, Inc. Concerning Securities Class Action Pending in Federal Court and Reminds Them of the September 5, 2017 Lead Plaintiff Deadline
finance.yahoo.com - July 25 at 4:08 PM
americanbankingnews.com logoAvinger, Inc. (AVGR) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 24 at 7:56 AM
americanbankingnews.com logoAvinger, Inc. (NASDAQ:AVGR) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 17 at 8:26 PM
americanbankingnews.com logoAvinger, Inc. (NASDAQ:AVGR) Sees Large Decline in Short Interest
www.americanbankingnews.com - July 17 at 7:18 AM
finance.yahoo.com logoHaeggquist & Eck, LLP Announces Investigation of Potential Corporate Misconduct at Avinger, Inc. in Connection with Its IPO and the Sales and Safety of the Company’s Products
finance.yahoo.com - July 14 at 6:05 PM
americanbankingnews.com logoAnalyzing EndoChoice Holdings (GI) & Avinger (NASDAQ:AVGR)
www.americanbankingnews.com - July 14 at 8:36 AM
finance.yahoo.com logoAVGR SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Securities Action Involving Avinger, Inc. (AVGR)
finance.yahoo.com - July 13 at 4:59 PM
finance.yahoo.com logoRobbins Arroyo LLP: Avinger, Inc. (AVGR) Misled Shareholders According to a Class Action
finance.yahoo.com - July 13 at 2:30 AM
finance.yahoo.com logoBottini & Bottini, Inc. Files Securities Class-Action Lawsuit Against Avinger, Inc.
finance.yahoo.com - July 8 at 8:59 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of a Securities Action on Behalf of Shareholders of Avinger, Inc. - AVGR
finance.yahoo.com - July 8 at 8:59 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Avinger, Inc. (AVGR) & Lead Plaintiff Deadline: September 5, 2017
finance.yahoo.com - July 8 at 8:59 PM
benzinga.com logoINVESTOR ALERT: Khang & Khang LLP Announces...
www.benzinga.com - July 8 at 7:27 AM
feeds.benzinga.com logoINVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
feeds.benzinga.com - July 8 at 1:53 AM
americanbankingnews.com logoHead-To-Head Comparison: Avinger (AVGR) and EndoChoice Holdings (GI)
www.americanbankingnews.com - July 5 at 8:30 PM
americanbankingnews.com logoAvinger, Inc. (AVGR) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 30 at 10:08 AM
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders (AVGR)
finance.yahoo.com - June 28 at 9:25 PM
americanbankingnews.com logoAvinger, Inc. (AVGR) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - June 20 at 7:56 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of a Securities Action on Behalf of Shareholders of Avinger, Inc. - AVGR
finance.yahoo.com - June 20 at 4:24 PM
finance.yahoo.com logoAVGR Investors Alert: Hagens Berman Alerts Investors in Avinger, Inc. to Securities Class Action
finance.yahoo.com - June 20 at 4:24 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 19 at 8:53 PM
americanbankingnews.com logoAvinger, Inc. (AVGR) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 19 at 8:52 PM
americanbankingnews.com logoAnalyzing Avinger (AVGR) & Novadaq Technologies (NVDQ)
www.americanbankingnews.com - June 17 at 12:12 AM
finance.yahoo.com logoEQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of a Securities Action on Behalf of Shareholders of Avinger, Inc. - AVGR
finance.yahoo.com - June 14 at 3:51 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Avinger, Inc. - AVGR
finance.yahoo.com - June 14 at 3:51 PM
feeds.benzinga.com logoThe Klein Law Firm Notifies Investors of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders (AVGR)
feeds.benzinga.com - June 12 at 12:43 PM
finance.yahoo.com logoCalifornia Based Johnson & Weaver, LLP Investigates Avinger, Inc.: Were Avinger's Public Statements in its Offering Documents False and Misleading?
finance.yahoo.com - June 10 at 3:45 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 10 at 2:19 AM
finance.yahoo.com logoRobbins Arroyo LLP: Avinger, Inc. (AVGR) Misled Shareholders According to a Recently Filed Class Action
finance.yahoo.com - June 9 at 9:19 PM
finance.yahoo.com logoAVGR SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Securities Action Involving Avinger, Inc.
finance.yahoo.com - June 9 at 4:18 PM
finance.yahoo.com logoINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 8 at 4:28 PM
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of Commencement of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders
finance.yahoo.com - June 7 at 3:56 PM
finance.yahoo.com logoIMPORTANT EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 7 at 3:56 PM
finance.yahoo.com logoThe Klein Law Firm Notifies Investors of Commencement of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders
finance.yahoo.com - June 6 at 3:50 PM

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Chart

Avinger (AVGR) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff