NASDAQ:AVXL

Anavex Life Sciences (AVXL) Stock Forecast, Price & News

$9.14

+0.04 (+0.44%)

(As of 06/2/2023 ET)

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Today's Range: $8.92
▼
$9.24
50-Day Range: $7.66
▼
$9.50
52-Week Range: $7.36
▼
$15.24

Volume: 811,391 shs
Average Volume: 776,034 shs
Market Capitalization: $738.86 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $42.60

Anavex Life Sciences MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 366.1% Upside
$42.60 Price Target
Short Interest: Bearish
19.67% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.83
Upright™ Environmental Score
News Sentiment: 0.77
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.66) to ($0.43) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Medical Sector

582nd out of 983 stocks

Biological Products, Except Diagnostic Industry

90th out of 164 stocks

3.4

Analyst's Opinion

Consensus Rating
Anavex Life Sciences has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.60, Anavex Life Sciences has a forecasted upside of 366.1% from its current price of $9.14.
Amount of Analyst Coverage
Anavex Life Sciences has only been the subject of 1 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
19.67% of the outstanding shares of Anavex Life Sciences have been sold short.
Short Interest Ratio / Days to Cover
Anavex Life Sciences has a short interest ratio ("days to cover") of 15.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Anavex Life Sciences has recently increased by 10.57%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Anavex Life Sciences does not currently pay a dividend.
Dividend Growth
Anavex Life Sciences does not have a long track record of dividend growth.

4.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Anavex Life Sciences has received a 73.63% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is mostly driven by its "Clinical research services for genetic diseases", "Preclinical research services for mental health", and "Preclinical research services for physical health" products. See details.
Environmental Sustainability
The Environmental Impact score for Anavex Life Sciences is -0.83.

2.7

News and Social Media Coverage

News Sentiment
Anavex Life Sciences has a news sentiment score of 0.77. 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 higher news sentiment than the 0.55 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Anavex Life Sciences this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for AVXL on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
13 people have added Anavex Life Sciences to their MarketBeat watchlist in the last 30 days. This is an increase of 44% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Anavex Life Sciences insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.60% of the stock of Anavex Life Sciences is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 31.22% of the stock of Anavex Life Sciences is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Anavex Life Sciences are expected to grow in the coming year, from ($0.66) to ($0.43) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Anavex Life Sciences is -13.44, 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. Sector
The P/E ratio of Anavex Life Sciences is -13.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Anavex Life Sciences has a P/B Ratio of 5.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Anavex Life Sciences (NASDAQ:AVXL) Stock

Anavex Life Sciences Corp. is a clinical stage biopharmaceutical company, which engages in the development of different therapeutics for the treatment of neurodegenerative and neurodevelopmental diseases. Its lead compound, ANAVEX2-73, is being developed to treat Alzheimer's and Parkinson's disease and central nervous system diseases, including Rett syndrome. The company was founded by Harvey Lalach and Athanasios Skarpelos on January 23, 2004 and is headquartered in New York, NY.

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AVXL Stock News Headlines

May 31, 2023 | finance.yahoo.com

Wall Street Analysts Think Anavex Life Sciences (AVXL) Could Surge 338.45%: Read This Before Placing a Bet

May 27, 2023 | americanbankingnews.com

Reviewing Anavex Life Sciences (NASDAQ:AVXL) & Axcella Health (NASDAQ:AXLA)

June 3, 2023 | Vantage Point (Ad)

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May 26, 2023 | msn.com

Unusual Call Option Trade in Anavex Life Sciences (AVXL) Worth $160.97K

May 20, 2023 | americanbankingnews.com

Anavex Life Sciences (NASDAQ:AVXL) Coverage Initiated at StockNews.com

May 17, 2023 | americanbankingnews.com

HC Wainwright Analysts Lift Earnings Estimates for Anavex Life Sciences Corp. (NASDAQ:AVXL)

May 11, 2023 | markets.businessinsider.com

H.C. Wainwright Keeps Their Buy Rating on Anavex Life Sciences (AVXL)

May 10, 2023 | finance.yahoo.com

Anavex Life Sciences Corp. (NASDAQ:AVXL) Q2 2023 Earnings Call Transcript

June 3, 2023 | Vantage Point (Ad)

We Called (ARWR) In Advance, Which Stocks Are Next?

May 9, 2023 | finanznachrichten.de

Anavex Life Sciences Corp.: Anavex Life Sciences Reports Fiscal 2023 Second Quarter Financial Results

May 9, 2023 | finance.yahoo.com

Anavex Life Sciences Reports Fiscal 2023 Second Quarter Financial Results

May 8, 2023 | msn.com

Anavex Life Sciences Q2 2023 Earnings Preview

May 8, 2023 | americanbankingnews.com

Anavex Life Sciences (AVXL) to Release Quarterly Earnings on Tuesday

May 4, 2023 | seekingalpha.com

Anavex And The Antioxidant Treatment Of Alzheimer's Disease

May 2, 2023 | msn.com

HC Wainwright & Co. Reiterates Anavex Life Sciences (AVXL) Buy Recommendation

May 2, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Anavex Life Sciences

May 2, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Healthcare Companies: IVERIC bio (ISEE), Anavex Life Sciences (AVXL) and IMV (IMV)

May 2, 2023 | finance.yahoo.com

Anavex Life Sciences to Announce Fiscal 2023 Second Quarter Financial Results on Tuesday, May 9, 2023

May 1, 2023 | finance.yahoo.com

Anavex Life Sciences Announces Issuance of New U.S. Patent Expanding ANAVEX®2-73 (blarcamesine) Intellectual Property Portfolio for the Treatment of Hypertension

April 26, 2023 | americanbankingnews.com

Head-To-Head Review: Fennec Pharmaceuticals (NASDAQ:FENC) & Anavex Life Sciences (NASDAQ:AVXL)

April 9, 2023 | thestreet.com

Anavex Life Sciences (AVXL) Stock Plummets on Possible SEC Investigation

April 6, 2023 | seekingalpha.com

Biogen And Eisai, Cassava Sciences, And Anavex: Clinical Trial Results In Need Of Revisions

April 1, 2023 | americanbankingnews.com

HC Wainwright Raises Anavex Life Sciences (NASDAQ:AVXL) Price Target to $54.00

March 31, 2023 | markets.businessinsider.com

Analyst Ratings for Anavex Life Sciences

March 30, 2023 | msn.com

Anavex gains on long-term data for Parkinson’s disease therapy

March 30, 2023 | markets.businessinsider.com

What's Going On With Anavex Life Sciences Shares Today?

March 30, 2023 | finance.yahoo.com

ANAVEX®2-73 (Blarcamesine) Shows Clinical Benefit in Long-Term 48-Week Phase 2 Extension Study in Patients with Parkinson’s Disease Dementia

See More Headlines

AVXL Price History

30 days | 90 days | 365 days | Advanced Chart

AVXL Company Calendar

Last Earnings: 5/09/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 9/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Biological products, except diagnostic
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:AVXL
CUSIP: N/A
CIK: 1314052
Web: www.anavex.com
Phone: (844) 689-3939
Fax: N/A
Employees: 25
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $42.60
High Stock Price Forecast: $80.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +366.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-47,980,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -36.78%
Return on Assets: -34.00%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 11.35
Quick Ratio: 11.35

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.80 per share
Price / Book: 5.08

Miscellaneous

Outstanding Shares: 80,838,000
Free Float: 71,461,000
Market Cap: $738.86 million
Optionable: Optionable
Beta: 0.73

Key Executives

Christopher U. Missling
Chairman, President, CEO & Secretary

Stephan Toutain
Chief Operating Officer

Sandra Boenisch
Chief Financial Officer & Treasurer

Walter E. Kaufmann
Chief Scientific Officer

Edward R. Hammond
Chief Medical Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

AVXL Stock - Frequently Asked Questions

Should I buy or sell Anavex Life Sciences stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Anavex Life Sciences in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AVXL shares.
View AVXL analyst ratings or view top-rated stocks.
What is Anavex Life Sciences' stock price forecast for 2023?: 4 analysts have issued 1 year target prices for Anavex Life Sciences' stock. Their AVXL share price forecasts range from $11.00 to $80.00. On average, they expect the company's stock price to reach $42.60 in the next twelve months. This suggests a possible upside of 366.1% from the stock's current price.
View analysts price targets for AVXL or view top-rated stocks among Wall Street analysts.
How have AVXL shares performed in 2023?: Anavex Life Sciences' stock was trading at $9.26 at the beginning of 2023. Since then, AVXL shares have decreased by 1.3% and is now trading at $9.14.
View the best growth stocks for 2023 here.
Are investors shorting Anavex Life Sciences?: Anavex Life Sciences saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 15,900,000 shares, an increase of 10.6% from the April 30th total of 14,380,000 shares. Based on an average trading volume of 1,000,000 shares, the short-interest ratio is currently 15.9 days.
View Anavex Life Sciences' Short Interest.
When is Anavex Life Sciences' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our AVXL earnings forecast.
How were Anavex Life Sciences' earnings last quarter?: Anavex Life Sciences Corp. (NASDAQ:AVXL) posted its quarterly earnings data on Tuesday, May, 9th. The biotechnology company reported ($0.17) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.01.

What ETFs hold Anavex Life Sciences' stock?: ETFs with the largest weight of Anavex Life Sciences (NASDAQ:AVXL) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN), SPDR S&P Biotech ETF (XBI), Direxion Daily S&P Biotech Bull 3x Shares (LABU), ALPS Medical Breakthroughs ETF (SBIO), Principal Healthcare Innovators ETF (BTEC), iShares Biotechnology ETF (IBB), Invesco Nasdaq Biotechnology ETF (IBBQ) and ProShares Ultra Nasdaq Biotechnology (BIB).
What other stocks do shareholders of Anavex Life Sciences own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Anavex Life Sciences investors own include Inovio Pharmaceuticals (INO), POET Technologies (POETF), Brainstorm Cell Therapeutics (BCLI), LadRx (CYTR), Sanchez Energy (SN), Novavax (NVAX), Geron (GERN), VASCO Data Security International (VDSI), Sorrento Therapeutics (SRNE) and OPKO Health (OPK).
What is Anavex Life Sciences' stock symbol?: Anavex Life Sciences trades on the NASDAQ under the ticker symbol "AVXL."
Who are Anavex Life Sciences' major shareholders?: Anavex Life Sciences' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.21%), State Street Corp (7.02%), Geode Capital Management LLC (1.80%), Charles Schwab Investment Management Inc. (0.70%), Nwam LLC (0.69%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Athanasios Skarpelos, Elliot Favus, Elliot Favus, Peter DO Donhauser and Sandra Boenisch.
View institutional ownership trends.
How do I buy shares of Anavex Life Sciences?: Shares of AVXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Anavex Life Sciences' stock price today?: One share of AVXL stock can currently be purchased for approximately $9.14.
How much money does Anavex Life Sciences make?: Anavex Life Sciences (NASDAQ:AVXL) has a market capitalization of $738.86 million. The biotechnology company earns $-47,980,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis.
How can I contact Anavex Life Sciences?: Anavex Life Sciences' mailing address is 51 W 52ND STREET 7TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.anavex.com. The biotechnology company can be reached via phone at (844) 689-3939 or via email at ir@anavex.com.

This page (NASDAQ:AVXL) was last updated on 6/3/2023 by MarketBeat.com Staff

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