NASDAQ:AXDX - Accelerate Diagnostics Stock Price, Forecast & News

$16.84

-0.18 (-1.06 %)

(As of 01/22/2020 04:00 PM ET)

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Today's Range

$16.64

Now: $16.84▼

$17.31

50-Day Range

$14.63

MA: $16.97▼

$18.75

52-Week Range

$14.27

Now: $16.84▼

$24.00

Volume229,642 shs

Average Volume271,008 shs

Market Capitalization$920.22 million

P/E RatioN/A

Dividend YieldN/A

Beta2.72

Accelerate Diagnostics, Inc, an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. It offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms, as well as yeast. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Analytical instruments

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:AXDX

Previous Symbol

CUSIPN/A

CIK727207

Webhttp://acceleratediagnostics.com/

Phone520-365-3100

Debt

Debt-to-Equity Ratio12.81

Current Ratio21.93

Quick Ratio20.65

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.67 million

Price / Sales162.30

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.06 per share

Price / Book15.89

Profitability

EPS (Most Recent Fiscal Year)($1.62)

Net Income$-88,330,000.00

Net Margins-1,116.69%

Return on Equity-249.46%

Return on Assets-51.36%

Miscellaneous

Employees287

Outstanding Shares54,645,000

Market Cap$920.22 million

Next Earnings Date2/18/2020 (Estimated)

OptionableOptionable

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Accelerate Diagnostics (NASDAQ:AXDX) Frequently Asked Questions

What is Accelerate Diagnostics' stock symbol?

Accelerate Diagnostics trades on the NASDAQ under the ticker symbol "AXDX."

How were Accelerate Diagnostics' earnings last quarter?

Accelerate Diagnostics Inc (NASDAQ:AXDX) announced its quarterly earnings results on Thursday, November, 7th. The medical research company reported ($0.37) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.38) by $0.01. The medical research company earned $2.27 million during the quarter, compared to analyst estimates of $3.15 million. Accelerate Diagnostics had a negative return on equity of 249.46% and a negative net margin of 1,116.69%. View Accelerate Diagnostics' Earnings History.

When is Accelerate Diagnostics' next earnings date?

Accelerate Diagnostics is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Accelerate Diagnostics.

What guidance has Accelerate Diagnostics issued on next quarter's earnings?

Accelerate Diagnostics issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, January, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $16-18 million, compared to the consensus revenue estimate of $27.93 million.

What price target have analysts set for AXDX?

4 analysts have issued 12 month price objectives for Accelerate Diagnostics' stock. Their forecasts range from $16.00 to $20.00. On average, they expect Accelerate Diagnostics' share price to reach $18.33 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Accelerate Diagnostics.

What is the consensus analysts' recommendation for Accelerate Diagnostics?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Accelerate Diagnostics in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Accelerate Diagnostics.

What are Wall Street analysts saying about Accelerate Diagnostics stock?

Here are some recent quotes from research analysts about Accelerate Diagnostics stock:

1. According to Zacks Investment Research, "Accelerate Diagnostics, Inc. is focused on developing and commercializing instrumentation for the rapid identification and antibiotic susceptibility testing of infectious pathogens. The company is developing BACcel(TM) system, a rapid diagnostic platform for diagnosis in life-threatening bacterial infections and OptiChem(R) surface coatings for use in micro arraying components. Accelerate Diagnostics Inc., formerly known as Accelr8 Technology Corp., is based in Denver, Colorado. " (1/16/2020)
2. BTIG Research analysts commented, "Neutral AXDX reported Q1 revenue of $1.75M, short of consensus’ $1.9M forecast. Revenue was down sequentially by 4%. Although we had expected a revenue stepdown given the typical cadence of placements-to- conversions, the magnitude of the decline was less than we expected. In Q1, the company added 75 commercially contracted placements vs. 133 in 4Q18; to clarify, commercial placements refer to customers that have agreed to install and run tests (may or may not be active users). The company still sees a 4-9 month lag before instruments become active. On expectations for 2019, mgmt continues to target 300-400 placements as a full transition to the rental model and more comprehensive body of positive studies may drive up volumes." (5/12/2019)

Has Accelerate Diagnostics been receiving favorable news coverage?

News stories about AXDX stock have been trending neutral on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative 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 negative five to five, with scores nearest to five being the most favorable. Accelerate Diagnostics earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned media headlines about the medical research company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near term. View News Stories for Accelerate Diagnostics.

Who are some of Accelerate Diagnostics' key competitors?

Some companies that are related to Accelerate Diagnostics include Horiba (HRIBF), Pacific Biosciences of California (PACB), Quanterix (QTRX), Fluidigm (FLDM), Eyepoint Pharmaceuticals (EYPT), Harvard Bioscience (HBIO), HTG Molecular Diagnostics (HTGM), BioNano Genomics (BNGO), Arrayit (ARYC), Precipio (PRPO), Scientific Industries (SCND), Aethlon Medical (AEMD), Pressure Biosciences (PBIO) and PositiveID (PSID).

What other stocks do shareholders of Accelerate Diagnostics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Accelerate Diagnostics investors own include Himax Technologies (HIMX), Magnachip Semiconductor (MX), Fluidigm (FLDM), Universal Display (OLED), BIOLASE (BIOL), Alibaba Group (BABA), ABIOMED (ABMD), AT&T (T), Gilead Sciences (GILD) and Vuzix (VUZI).

Who are Accelerate Diagnostics' key executives?

Accelerate Diagnostics' management team includes the folowing people:

Mr. Lawrence Mehren, Pres, CEO, Director and Interim Head of Europe, Middle East & Africa (Age 53)
Mr. Steve Reichling, Chief Financial Officer (Age 41)
Mr. Ron Price, Sr. VP & Head of Commercial Operations - Americas (Age 55)
Mr. Kurt Reinhardt, Head of Operations
Dr. Romney M. Humphries, Chief Scientific Officer (Age 38)

Who are Accelerate Diagnostics' major shareholders?

Accelerate Diagnostics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Chicago Capital LLC (2.40%) and SeaCrest Wealth Management LLC (0.05%). Company insiders that own Accelerate Diagnostics stock include Jack W Schuler, John Patience, Steven Reichling and Thomas D Brown. View Institutional Ownership Trends for Accelerate Diagnostics.

Which major investors are selling Accelerate Diagnostics stock?

AXDX stock was sold by a variety of institutional investors in the last quarter, including SeaCrest Wealth Management LLC. View Insider Buying and Selling for Accelerate Diagnostics.

Which major investors are buying Accelerate Diagnostics stock?

AXDX stock was acquired by a variety of institutional investors in the last quarter, including Chicago Capital LLC. Company insiders that have bought Accelerate Diagnostics stock in the last two years include Jack W Schuler, John Patience, Steven Reichling and Thomas D Brown. View Insider Buying and Selling for Accelerate Diagnostics.

How do I buy shares of Accelerate Diagnostics?

Shares of AXDX 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 Accelerate Diagnostics' stock price today?

One share of AXDX stock can currently be purchased for approximately $16.84.

How big of a company is Accelerate Diagnostics?

Accelerate Diagnostics has a market capitalization of $920.22 million and generates $5.67 million in revenue each year. The medical research company earns $-88,330,000.00 in net income (profit) each year or ($1.62) on an earnings per share basis. Accelerate Diagnostics employs 287 workers across the globe.View Additional Information About Accelerate Diagnostics.

What is Accelerate Diagnostics' official website?

The official website for Accelerate Diagnostics is http://acceleratediagnostics.com/.

How can I contact Accelerate Diagnostics?

Accelerate Diagnostics' mailing address is 3950 South Country Club Suite 470, Tucson AZ, 85714. The medical research company can be reached via phone at 520-365-3100 or via email at [email protected]

MarketBeat Community Rating for Accelerate Diagnostics (NASDAQ AXDX)

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		301 (Vote Outperform)
Underperform Votes:		285 (Vote Underperform)
Total Votes:		586

MarketBeat's community ratings are surveys of what our community members think about Accelerate Diagnostics and other stocks. Vote "Outperform" if you believe AXDX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AXDX will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/22/2020 by MarketBeat.com Staff

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