Axovant Sciences Ltd., a clinical-stage biopharmaceutical company, engages in acquisition, development, and commercialization of therapeutics in the fields of neurology and psychiatry in the United States and the European Union. It focuses on developing AXO-Lenti-PD, an in vivo lentiviral gene therapy investigational product candidate for the one-time treatment of Parkinson's disease. The company is also developing nelotanserin, a selective 5-HT2A receptor inverse agonist, which is in Phase II clinical trial for the treatment of visual hallucinations in patients with Lewy body dementia (LBD) and REM sleep behavior disorder in patients with LBD. In addition, it focuses on developing RVT-104, a combination of rivastigmine and a peripheral muscarinic receptor antagonist as treatments for patients with Alzheimer's disease or DLB. The company was formerly known as Roivant Neurosciences Ltd. and changed its name to Axovant Sciences Ltd. in March 2015. The company was founded in 2014 and is based in London, the United Kingdom. Axovant Sciences Ltd. is a subsidiary of Roivant Sciences Ltd.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone44-20-3318-9708
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees45
OptionableOptionable
Axovant Sciences (NASDAQ:AXON) Frequently Asked Questions
What is Axovant Sciences' stock symbol?
Axovant Sciences trades on the NASDAQ under the ticker symbol "AXON."
How were Axovant Sciences' earnings last quarter?
Axovant Sciences Ltd (NASDAQ:AXON) released its quarterly earnings data on Thursday, February, 7th. The biotechnology company reported ($0.27) EPS for the quarter, meeting analysts' consensus estimates of ($0.27). View Axovant Sciences' Earnings History.
When is Axovant Sciences' next earnings date?
What price target have analysts set for AXON?
6 equities research analysts have issued twelve-month price objectives for Axovant Sciences' stock. Their forecasts range from $3.00 to $7.00. On average, they expect Axovant Sciences' stock price to reach $5.00 in the next year. This suggests a possible upside of 320.2% from the stock's current price. View Analyst Price Targets for Axovant Sciences.
What is the consensus analysts' recommendation for Axovant Sciences?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axovant Sciences in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axovant Sciences.
What are Wall Street analysts saying about Axovant Sciences stock?
Here are some recent quotes from research analysts about Axovant Sciences stock:
- 1. According to Zacks Investment Research, "Axovant Sciences Ltd. is a biopharmaceutical company which focuses on the acquisition, development and commercialization of therapeutics for the treatment of neurodegenerative disorders. Its product candidate includes RVT-101 which is in different clinical trial for the treatment of Alzheimer's disease and other forms of dementia. Axovant Sciences Ltd. is based in Hamilton, Bermuda. " (2/12/2019)
- 2. HC Wainwright analysts commented, "Valuation and risks to the achievement of target price. Our price target of $7/share is based on an equally-weighted composite of: (a) $6.27/share, as a 35x multiple of taxed and diluted $2.30 discounted back to FY18 at 20% (in line with the expected PE multiple and discount rate of an early development-stage biotechnology company); and (b) an NPV of $7.26/share (discounted cash flow analysis using a 15% discount rate and 2.0% growth rate, in line with the expected discount and growth parameters of an early development-stage biotechnology company)." (8/13/2018)
Has Axovant Sciences been receiving favorable news coverage?
Media stories about AXON stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Axovant Sciences earned a news impact score of 0.9 on InfoTrie's scale. They also gave news stories about the biotechnology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Are investors shorting Axovant Sciences?
Axovant Sciences saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,188,830 shares, an increase of 39.1% from the January 15th total of 3,010,613 shares. Based on an average daily volume of 1,081,989 shares, the days-to-cover ratio is currently 3.9 days. Approximately 8.0% of the shares of the stock are short sold. View Axovant Sciences' Current Options Chain.
Who are some of Axovant Sciences' key competitors?
Some companies that are related to Axovant Sciences include AMAG Pharmaceuticals (AMAG), Lexicon Pharmaceuticals (LXRX), Kura Oncology (KURA), Aurinia Pharmaceuticals (AUPH), Urogen Pharma (URGN), Eidos Therapeutics (EIDX), Akorn (AKRX), Karyopharm Therapeutics (KPTI), Flexion Therapeutics (FLXN), ChemoCentryx (CCXI), Synthorx (THOR), BioSpecifics Technologies (BSTC), Arcus Biosciences (RCUS), ProQR Therapeutics (PRQR) and Prothena (PRTA).
Who are Axovant Sciences' key executives?
Axovant Sciences' management team includes the folowing people:
- Dr. Pavan Cheruvu M.D., CEO & Director (Age 37)
- Dr. Gregory M. Weinhoff, Principal Financial & Accounting Officer (Age 48)
- Mr. Mark Altmeyer, Pres & Chief Commercial Officer of Axovant Sciences GmbH (Age 58)
- Dr. David T. Hung, Scientific Advisor of Group (Age 61)
- Dr. Fraser Wright, Chief Technology Officer
When did Axovant Sciences IPO?
(AXON) raised $251 million in an initial public offering on Thursday, June 11th 2015. The company issued 17,900,000 shares at a price of $13.00-$15.00 per share. Jefferies, Evercore ISI and RBC Capital Markets acted as the underwriters for the IPO and JMP Securities and Baird were co-managers.
Who are Axovant Sciences' major shareholders?
Axovant Sciences' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sphera Funds Management LTD. (6.71%), BlackRock Inc. (1.12%), Hudson Bay Capital Management LP (1.02%), Monashee Investment Management LLC (0.82%), Opaleye Management Inc. (0.47%) and CVI Holdings LLC (0.36%). Company insiders that own Axovant Sciences stock include David Hung, George Bickerstaff, Global Investors Lp Viking, Svf Investments (Uk) Ltd and W Anthony Vernon. View Institutional Ownership Trends for Axovant Sciences.
Which institutional investors are selling Axovant Sciences stock?
Which institutional investors are buying Axovant Sciences stock?
AXON stock was acquired by a variety of institutional investors in the last quarter, including Sphera Funds Management LTD., Monashee Investment Management LLC, Opaleye Management Inc., CVI Holdings LLC, Hound Partners LLC, Hudson Bay Capital Management LP, Geode Capital Management LLC and Zacks Investment Management. Company insiders that have bought Axovant Sciences stock in the last two years include David Hung, George Bickerstaff, Global Investors Lp Viking, Svf Investments (Uk) Ltd and W Anthony Vernon. View Insider Buying and Selling for Axovant Sciences.
How do I buy shares of Axovant Sciences?
Shares of AXON 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, Scottrade, Fidelity and Charles Schwab.
What is Axovant Sciences' stock price today?
One share of AXON stock can currently be purchased for approximately $1.19.
How big of a company is Axovant Sciences?
Axovant Sciences has a market capitalization of $145.51 million. The biotechnology company earns $-221,570,000.00 in net income (profit) each year or ($2.06) on an earnings per share basis. Axovant Sciences employs 45 workers across the globe.
What is Axovant Sciences' official website?
How can I contact Axovant Sciences?
Axovant Sciences' mailing address is 20-22 BEDFORD ROW, LONDON X0, WC1R 4JS. The biotechnology company can be reached via phone at 44-20-3318-9708.
MarketBeat Community Rating for Axovant Sciences (NASDAQ AXON)
MarketBeat's community ratings are surveys of what our community members think about Axovant Sciences and other stocks. Vote "Outperform" if you believe AXON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AXON will underperform the S&P 500 over the long term. You may vote once every thirty days.
