NASDAQ:AXGNAxoGen Stock Price, Forecast & News

AxoGen's stock was trading at $10.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AXGN stock has increased by 2.0% and is now trading at $10.91. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AxoGen in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AxoGen.

AxoGen is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for AxoGen.

AxoGen, Inc (NASDAQ:AXGN) announced its quarterly earnings data on Wednesday, May, 6th. The medical equipment provider reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.04. The medical equipment provider had revenue of $24.26 million for the quarter, compared to analysts' expectations of $24.30 million. AxoGen had a negative return on equity of 20.04% and a negative net margin of 25.84%. View AxoGen's earnings history.

AxoGen issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, July, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $21 million, compared to the consensus revenue estimate of $11.67 million.

5 Wall Street analysts have issued twelve-month target prices for AxoGen's shares. Their forecasts range from $12.00 to $28.00. On average, they expect AxoGen's stock price to reach $19.25 in the next twelve months. This suggests a possible upside of 76.4% from the stock's current price. View analysts' price targets for AxoGen.

News coverage about AXGN stock has been trending neutral on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AxoGen earned a coverage optimism score of 0.1 on InfoTrie's scale. They also assigned media coverage about the medical equipment provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the near future. View the latest news about AxoGen.

AxoGen saw a drop in short interest in June. As of June 15th, there was short interest totaling 1,180,000 shares, a drop of 20.8% from the May 31st total of 1,490,000 shares. Based on an average daily volume of 581,300 shares, the short-interest ratio is presently 2.0 days. Approximately 3.3% of the shares of the stock are short sold. View AxoGen's Current Options Chain.

Some companies that are related to AxoGen include Zynex (ZYXI), InMode (INMD), Natus Medical (NTUS), BioLife Solutions (BLFS), TransMedics Group (TMDX), Viewray (VRAY), Semler Scientific (SMLR), Stereotaxis (STXS), Cutera (CUTR), BioSig Technologies (BSGM), Fonar (FONR), Soleno Therapeutics (SLNO), Edap Tms (EDAP), Fc Global Realty (FCRE) and electroCore (ECOR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other AxoGen investors own include Intelsat (I), Corbus Pharmaceuticals (CRBP), Xilinx (XLNX), Bank of America (BAC), Exelixis (EXEL), Micron Technology (MU), Advanced Micro Devices (AMD), Crispr Therapeutics (CRSP), Sangamo Therapeutics (SGMO) and AMC Entertainment (AMC).

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

AxoGen's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%). Company insiders that own AxoGen stock include Amy Mcbride Wendell, Daniel Pietrzak, David K Hansen, Gregory Gene Freitag, Isabelle Billet, Karen L Zaderej, Michael Patrick Donovan and Quentin S Blackford. View institutional ownership trends for AxoGen.

AXGN stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought AxoGen stock in the last two years include Amy Mcbride Wendell, Daniel Pietrzak, Isabelle Billet, Karen L Zaderej, and Quentin S Blackford. View insider buying and selling activity for AxoGen.

Shares of AXGN 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.

One share of AXGN stock can currently be purchased for approximately $10.91.

AxoGen has a market capitalization of $433.78 million and generates $106.71 million in revenue each year. The medical equipment provider earns $-29,140,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis.

The official website for AxoGen is www.axogeninc.com.

AxoGen's mailing address is 13631 PROGRESS BLVD. SUITE 400, ALACHUA FL, 32615. The medical equipment provider can be reached via phone at 386-462-6800 or via email at [email protected]