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NASDAQ:AXNXAxonics Modulation Technologies Stock Price, Forecast & News

+2.01 (+4.90 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $43.02
50-Day Range
MA: $39.69
52-Week Range
Now: $43.02
Volume660,000 shs
Average Volume665,264 shs
Market Capitalization$1.70 billion
P/E RatioN/A
Dividend YieldN/A
Axonics Modulation Technologies, Inc., a medical technology company, focuses on the design, development, and commercialization of sacral neuromodulation solutions (SNM) solutions. The SNM therapy is primarily used to treat patients with overactive bladder, including urinary urgency incontinence and urinary urgency frequency, fecal incontinence, and urinary retention. Its proprietary r-SNM System delivers mild electrical pulses to the targeted sacral nerve to restore normal communication to and from the brain to reduce the symptoms of urinary and fecal dysfunction. The company was formerly known as American Restorative Medicine, Inc. and changed its name to Axonics Modulation Technologies, Inc. in August 2013. Axonics Modulation Technologies, Inc. was founded in 2012 and is based in Irvine, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars

Industry, Sector and Symbol

Industry Surgical & medical instruments
Current SymbolNASDAQ:AXNX



Sales & Book Value

Annual Sales$13.82 million
Book Value$7.54 per share


Net Income$-79,930,000.00
Net Margins-155.91%


Market Cap$1.70 billion
Next Earnings Date11/12/2020 (Estimated)
OptionableNot Optionable
+2.01 (+4.90 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Axonics Modulation Technologies (NASDAQ:AXNX) Frequently Asked Questions

How has Axonics Modulation Technologies' stock price been impacted by COVID-19?

Axonics Modulation Technologies' stock was trading at $30.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AXNX stock has increased by 42.4% and is now trading at $43.02.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Axonics Modulation Technologies?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axonics Modulation Technologies in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Axonics Modulation Technologies

When is Axonics Modulation Technologies' next earnings date?

Axonics Modulation Technologies is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020.
View our earnings forecast for Axonics Modulation Technologies

How were Axonics Modulation Technologies' earnings last quarter?

Axonics Modulation Technologies Inc (NASDAQ:AXNX) released its quarterly earnings results on Thursday, August, 6th. The company reported ($0.54) earnings per share for the quarter, topping the consensus estimate of ($0.65) by $0.11. The firm earned $15.21 million during the quarter, compared to the consensus estimate of $5.06 million. Axonics Modulation Technologies had a negative net margin of 155.91% and a negative return on equity of 44.13%. The firm's quarterly revenue was up 922.4% on a year-over-year basis. During the same period in the previous year, the company posted ($0.68) EPS.
View Axonics Modulation Technologies' earnings history

What guidance has Axonics Modulation Technologies issued on next quarter's earnings?

Axonics Modulation Technologies updated its second quarter 2020 Pre-Market earnings guidance on Monday, July, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.2-15.2 million, compared to the consensus revenue estimate of $5.19 million.

What price target have analysts set for AXNX?

9 Wall Street analysts have issued 1-year price objectives for Axonics Modulation Technologies' shares. Their forecasts range from $39.00 to $59.00. On average, they anticipate Axonics Modulation Technologies' share price to reach $47.33 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for Axonics Modulation Technologies

Has Axonics Modulation Technologies been receiving favorable news coverage?

News articles about AXNX stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Axonics Modulation Technologies earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about Axonics Modulation Technologies

Are investors shorting Axonics Modulation Technologies?

Axonics Modulation Technologies saw a increase in short interest in June. As of June 30th, there was short interest totaling 5,400,000 shares, an increase of 35.7% from the June 15th total of 3,980,000 shares. Based on an average daily trading volume, of 656,700 shares, the short-interest ratio is currently 8.2 days. Currently, 25.3% of the company's shares are sold short.
View Axonics Modulation Technologies' Short Interest

Who are some of Axonics Modulation Technologies' key competitors?

What other stocks do shareholders of Axonics Modulation Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axonics Modulation Technologies investors own include Oasis Petroleum (OAS), Honeywell International (HON), CVS Health (CVS), Procter & Gamble (PG), Thermo Fisher Scientific (TMO), Abbott Laboratories (ABT), Cisco Systems (CSCO), CSX (CSX), Pfizer (PFE) and Raytheon Technologies (RTX).

Who are Axonics Modulation Technologies' key executives?

Axonics Modulation Technologies' management team includes the following people:
  • Mr. Raymond W. Cohen, CEO & Director (Age 60)
  • Mr. Danny L. Dearen, Pres & CFO (Age 56)
  • Dr. Karen L. Noblett M.D., M.A.S., Chief Medical Officer (Age 56)
  • Mr. Rinda K. Sama, Chief Operating Officer (Age 40)
  • Mr. Guangqiang Jiang Ph.D., Chief Technology Officer (Age 46)

When did Axonics Modulation Technologies IPO?

(AXNX) raised $100 million in an initial public offering (IPO) on Wednesday, October 31st 2018. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch and Morgan Stanley served as the underwriters for the IPO and Wells Fargo Securities and SunTrust Robinson Humphrey were co-managers.

What is Axonics Modulation Technologies' stock symbol?

Axonics Modulation Technologies trades on the NASDAQ under the ticker symbol "AXNX."

Who are Axonics Modulation Technologies' major shareholders?

Axonics Modulation Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (6.46%), Peregrine Capital Management LLC (1.65%), Bellevue Group AG (1.31%), Rhenman & Partners Asset Management AB (1.36%), C WorldWide Group Holding A S (1.16%) and Thrivent Financial for Lutherans (0.91%). Company insiders that own Axonics Modulation Technologies stock include Andera Partners, Bakker Juliet Tammenoms, Cormorant Asset Management, Lp, Danny L Dearen, Geoff Pardo, Healthcare Holding BV Gilde, John Woock, Michael V Williamson, Nancy Lynn Md Snyderman, Raphael Wisniewski, Raymond W Cohen and Rinda Sama.
View institutional ownership trends for Axonics Modulation Technologies

Which major investors are selling Axonics Modulation Technologies stock?

AXNX stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Thrivent Financial for Lutherans, Peregrine Capital Management LLC, and SG Americas Securities LLC. Company insiders that have sold Axonics Modulation Technologies company stock in the last year include Andera Partners, Danny L Dearen, John Woock, Raphael Wisniewski, Raymond W Cohen, and Rinda Sama.
View insider buying and selling activity for Axonics Modulation Technologies

Which major investors are buying Axonics Modulation Technologies stock?

AXNX stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Bellevue Group AG, C WorldWide Group Holding A S, Calamos Advisors LLC, First Trust Advisors LP, Bank of New York Mellon Corp, California Public Employees Retirement System, and Russell Investments Group Ltd.. Company insiders that have bought Axonics Modulation Technologies stock in the last two years include Bakker Juliet Tammenoms, Cormorant Asset Management, Lp, Healthcare Holding BV Gilde, Nancy Lynn Md Snyderman, and Raymond W Cohen.
View insider buying and selling activity for Axonics Modulation Technologies

How do I buy shares of Axonics Modulation Technologies?

Shares of AXNX 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 Axonics Modulation Technologies' stock price today?

One share of AXNX stock can currently be purchased for approximately $43.02.

How big of a company is Axonics Modulation Technologies?

Axonics Modulation Technologies has a market capitalization of $1.70 billion and generates $13.82 million in revenue each year. The company earns $-79,930,000.00 in net income (profit) each year or ($2.80) on an earnings per share basis. Axonics Modulation Technologies employs 87 workers across the globe.

What is Axonics Modulation Technologies' official website?

The official website for Axonics Modulation Technologies is www.axonics.com.

How can I contact Axonics Modulation Technologies?

Axonics Modulation Technologies' mailing address is 26 TECHNOLOGY DRIVE, IRVINE CA, 92618. The company can be reached via phone at 949-396-6322.

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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