AxoGen - AXGN Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AxoGen in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AXGN shares.
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3 Wall Street research analysts have issued 1 year price objectives for AxoGen's stock. Their AXGN share price forecasts range from $15.00 to $18.00. On average, they anticipate the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 68.4% from the stock's current price.
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AxoGen's stock was trading at $9.98 at the beginning of 2023. Since then, AXGN stock has decreased by 4.8% and is now trading at $9.50.
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AxoGen saw a decline in short interest in January. As of January 15th, there was short interest totaling 482,800 shares, a decline of 11.2% from the December 31st total of 543,600 shares. Based on an average daily volume of 207,100 shares, the short-interest ratio is currently 2.3 days. Approximately 1.2% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
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AxoGen, Inc. (NASDAQ:AXGN) posted its quarterly earnings data on Tuesday, November, 8th. The medical equipment provider reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.14. The medical equipment provider had revenue of $36.96 million for the quarter, compared to the consensus estimate of $36.10 million. AxoGen had a negative net margin of 21.51% and a negative trailing twelve-month return on equity of 18.09%.

AxoGen updated its FY 2022 earnings guidance on Friday, January, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $138.50 million-$138.50 million, compared to the consensus revenue estimate of $139.05 million.

19 employees have rated AxoGen Chief Executive Officer Karen Zaderej on Glassdoor.com. Karen Zaderej has an approval rating of 100% among the company's employees. This puts Karen Zaderej in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 83.0% of employees surveyed would recommend working at AxoGen to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other AxoGen investors own include Advanced Micro Devices (AMD), Bank of America (BAC), Intelsat (I), Intel (INTC), Micron Technology (MU), Xilinx (XLNX), Corbus Pharmaceuticals (CRBP), Exelixis (EXEL), NVIDIA (NVDA) and Fossil Group (FOSL).

AxoGen trades on the NASDAQ under the ticker symbol "AXGN."

AxoGen's stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.97%), Essex Investment Management Co. LLC (0.87%), Bank of Montreal Can (0.43%), Legato Capital Management LLC (0.20%), Exchange Traded Concepts LLC (0.18%) and OLD National Bancorp IN (0.04%). Insiders that own company stock include Angelo Scopelianos, Erick Wayne Devinney, Gregory Gene Freitag, Isabelle Billet, Karen L Zaderej, Karen L Zaderej, Maria D Martinez, Michael Patrick Donovan and Peter J Mariani.
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Shares of AXGN 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.
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One share of AXGN stock can currently be purchased for approximately $9.50.

AxoGen (NASDAQ:AXGN) has a market capitalization of $401.76 million and generates $127.36 million in revenue each year. The medical equipment provider earns $-26,990,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis.

The company employs 428 workers across the globe.

AxoGen's mailing address is 13631 PROGRESS BLVD. SUITE 400, ALACHUA FL, 32615. The official website for the company is www.axogeninc.com. The medical equipment provider can be reached via phone at (386) 462-6800, via email at investorrelations@axogeninc.com, or via fax at 386-462-6801.