NASDAQ:AXSM

Axsome Therapeutics Stock Forecast, Price & News

$75.18

+1.76 (+2.40 %)

(As of 11/27/2020 03:32 PM ET)

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Today's Range

$73.13

Now: $75.18▼

$75.33

50-Day Range

$66.31

MA: $71.56▼

$75.92

52-Week Range

$35.44

Now: $75.18▼

$109.94

Volume127,183 shs

Average Volume632,050 shs

Market Capitalization$2.81 billion

P/E RatioN/A

Dividend YieldN/A

Beta2.81

Axsome Therapeutics, Inc., a clinical stage biopharmaceutical company, engages in developing novel therapies for central nervous system (CNS) disorders in the United States. Its product pipeline includes AXS-05, which is in the phase III clinical trial for the treatment resistant depression and depressive disorders; and phase II/III clinical trials in agitation associated with Alzheimer's disease, as well as completed phase II clinical trial for the treatment of smoking cessation. The company is also developing AXS-07, which is in phase III clinical trial for the treatment of migraine; AXS-09 that has completed phase II clinical trial for the treatment of various CNS disorders; AXS-12, which has completed phase II clinical trial for the treatment of in narcolepsy; and AXS-14, an investigational medicine that is in phase III for the treatment of fibromyalgia. Axsome Therapeutics, Inc. has a research collaboration agreement with Duke University for evaluating AXS-05 in smoking cessation. The company was founded in 2012 and is based in New York, New York.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Axsome Therapeutics has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 10 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $141.10, Axsome Therapeutics has a forecasted upside of 87.7% from its current price of $75.18.
Amount of Analyst Coverage
Axsome Therapeutics has only been the subject of 3 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Axsome Therapeutics has received 345 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Axsome Therapeutics has received 293 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Axsome Therapeutics has received 54.08% “outperform” votes from our community.

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

0.0 Dividend Strength

Dividend Yield
Axsome Therapeutics does not currently pay a dividend.
Dividend Growth
Axsome Therapeutics does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axsome Therapeutics insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 26.00% of the stock of Axsome Therapeutics is held by insiders.
Percentage Held by Institutions
63.63% of the stock of Axsome Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Axsome Therapeutics are expected to decrease in the coming year, from ($2.65) to ($3.61) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axsome Therapeutics is -27.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axsome Therapeutics is -27.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Axsome Therapeutics has a P/B Ratio of 20.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.39 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Pharmaceutical preparations

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:AXSM

Previous Symbol

CUSIPN/A

CIK1579428

Webaxsome.com

Phone212-332-3241

Employees43

Debt

Debt-to-Equity Ratio0.36

Current Ratio9.99

Quick Ratio9.99

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book Value$3.62 per share

Price / Book20.77

Profitability

EPS (Most Recent Fiscal Year)($2.01)

Net Income$-68,350,000.00

Net MarginsN/A

Return on Equity-62.33%

Return on Assets-47.87%

Miscellaneous

Outstanding Shares37,344,000

Market Cap$2.81 billion

Next Earnings Date3/11/2021 (Estimated)

OptionableOptionable

$75.18

+1.76 (+2.40 %)

(As of 11/27/2020 03:32 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Axsome Therapeutics (NASDAQ:AXSM) Frequently Asked Questions

How has Axsome Therapeutics' stock been impacted by COVID-19?

Axsome Therapeutics' stock was trading at $73.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AXSM shares have increased by 2.1% and is now trading at $75.18.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Axsome Therapeutics?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axsome Therapeutics in the last year. There are currently 1 sell rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Axsome Therapeutics.

What stocks does MarketBeat like better than Axsome Therapeutics?

Wall Street analysts have given Axsome Therapeutics a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Axsome Therapeutics wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Axsome Therapeutics' next earnings date?

Axsome Therapeutics is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Axsome Therapeutics.

How were Axsome Therapeutics' earnings last quarter?

Axsome Therapeutics, Inc. (NASDAQ:AXSM) announced its quarterly earnings data on Tuesday, November, 10th. The company reported ($0.58) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.57) by $0.01.
View Axsome Therapeutics' earnings history.

What price target have analysts set for AXSM?

11 Wall Street analysts have issued 12 month target prices for Axsome Therapeutics' stock. Their forecasts range from $66.00 to $210.00. On average, they anticipate Axsome Therapeutics' stock price to reach $141.10 in the next year. This suggests a possible upside of 87.7% from the stock's current price.
View analysts' price targets for Axsome Therapeutics.

Who are some of Axsome Therapeutics' key competitors?

Some companies that are related to Axsome Therapeutics include Sarepta Therapeutics (SRPT), Dr. Reddy's Laboratories (RDY), Teva Pharmaceutical Industries (TEVA), ACADIA Pharmaceuticals (ACAD), Ascendis Pharma A/S (ASND), Mylan (MYL), Galapagos (GLPG), Jazz Pharmaceuticals (JAZZ), Ultragenyx Pharmaceutical (RARE), Ionis Pharmaceuticals (IONS), Bausch Health Companies (BHC), Perrigo (PRGO), Arrowhead Pharmaceuticals (ARWR), Zai Lab (ZLAB) and Amicus Therapeutics (FOLD).
View all competitors.

What other stocks do shareholders of Axsome Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axsome Therapeutics investors own include Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Dicerna Pharmaceuticals (DRNA), Amarin (AMRN), Sarepta Therapeutics (SRPT), Micron Technology (MU), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA) and Bristol-Myers Squibb (BMY).

Who are Axsome Therapeutics' key executives?

Axsome Therapeutics' management team includes the following people:

Dr. Herriot Tabuteau M.D., Founder, Chairman, CEO & Pres (Age 52, Pay $761.25k)
Mr. Nick Pizzie CPA, M.B.A., Chief Financial Officer (Age 45, Pay $520k)
Mr. David C. Marek, Chief Commercial Officer (Age 55, Pay $424.33k)
Mr. Mark L. Jacobson, COO & Sec. (Age 37)
Dr. Cedric O'Gorman M.B.A., M.D., MBA, Sr. VP of Clinical Devel. & Medical Affairs (Age 45)
Dr. Amanda Jones Pharm.D., Sr. VP of Clinical Research (Age 37)
Joseph Debrah-Afful CPA, M.B.A., Director of Fin.

When did Axsome Therapeutics IPO?

(AXSM) raised $52 million in an initial public offering on Thursday, November 19th 2015. The company issued 4,300,000 shares at $11.00-$13.00 per share. Ladenburg Thalmann and Cantor Fitzgerald & Co. served as the underwriters for the IPO and Brean Capital was co-manager.

What is Axsome Therapeutics' stock symbol?

Axsome Therapeutics trades on the NASDAQ under the ticker symbol "AXSM."

Who are Axsome Therapeutics' major shareholders?

Axsome Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.07%), Iridian Asset Management LLC CT (4.62%), Alethea Capital Management LLC (2.70%), State Street Corp (1.75%), New York State Common Retirement Fund (0.56%) and Charles Schwab Investment Management Inc. (0.47%). Company insiders that own Axsome Therapeutics stock include Mark Coleman, Mark E Saad and Nick Pizzie.
View institutional ownership trends for Axsome Therapeutics.

Which institutional investors are selling Axsome Therapeutics stock?

AXSM stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., BlackRock Inc., State Street Corp, Wells Fargo & Company MN, Creative Planning, Charles Schwab Investment Management Inc., CWM LLC, and AXA S.A..
View insider buying and selling activity for Axsome Therapeutics.

Which institutional investors are buying Axsome Therapeutics stock?

AXSM stock was acquired by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Candriam Luxembourg S.C.A., New York State Common Retirement Fund, Sei Investments Co., WCM Investment Management LLC, Employees Retirement System of Texas, Oak Ridge Investments LLC, and DekaBank Deutsche Girozentrale. Company insiders that have bought Axsome Therapeutics stock in the last two years include Mark Coleman, Mark E Saad, and Nick Pizzie.
View insider buying and selling activity for Axsome Therapeutics.

How do I buy shares of Axsome Therapeutics?

Shares of AXSM 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 Axsome Therapeutics' stock price today?

One share of AXSM stock can currently be purchased for approximately $75.18.

How big of a company is Axsome Therapeutics?

Axsome Therapeutics has a market capitalization of $2.81 billion. The company earns $-68,350,000.00 in net income (profit) each year or ($2.01) on an earnings per share basis. Axsome Therapeutics employs 43 workers across the globe.

What is Axsome Therapeutics' official website?

The official website for Axsome Therapeutics is axsome.com.

How can I contact Axsome Therapeutics?

Axsome Therapeutics' mailing address is 200 BROADWAY 3RD FLOOR, NEW YORK NY, 10038. The company can be reached via phone at 212-332-3241.

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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