NASDAQ:XGN

Exagen (XGN) Stock Price, News & Analysis

$1.42
+0.01 (+0.71%)
(As of 04/26/2024 ET)
Today's Range
$1.39
$1.42
50-Day Range
$1.37
$2.25
52-Week Range
$1.30
$3.92
Volume
3,511 shs
Average Volume
23,256 shs
Market Capitalization
$24.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Exagen MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
322.5% Upside
$6.00 Price Target
Short Interest
Healthy
0.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.29
Upright™ Environmental Score
News Sentiment
1.10mentions of Exagen in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$24,417 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.46) to ($1.03) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.79 out of 5 stars

Medical Sector

44th out of 913 stocks

Diagnostics & Research Industry

1st out of 2 stocks

XGN stock logo

About Exagen Stock (NASDAQ:XGN)

Exagen Inc. develops and commercializes various testing products under the AVISE brand in the United States. The company enables healthcare providers to care for patients through the diagnosis, prognosis, and monitoring of autoimmune and autoimmune-related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). Its lead testing product is AVISE CTD that enables differential diagnosis for patients presenting with symptoms indicative of various connective tissue diseases (CTDs) and other related diseases with overlapping symptoms. The company offers AVISE Lupus that measures activation of the complement system by quantifying the level of B-cell C4d and erythrocyte bound C4d in the patient's blood; and AVISE APS, which consists of a panel of autoantibody tests that aids in the diagnosis and management of APS. In addition, it provides AVISE Vasculitis AAV, which utilizes a testing panel of individual analytes to provide physicians with results in the assessment and monitoring of anti-neutrophil cytoplasmic antibody associated vasculitis; AVISE SLE Prognostic, a panel of autoantibodies for assessing the potential for complications affecting the kidney, brain, and cardiovascular system; and AVISE Anti-CarP test, which identifies RA patients with severe disease. Further, the company offers AVISE SLE Monitor, a biomarker blood test; AVISE MTX, a patented and validated blood test; and AVISE HCQ, a blood test to monitor levels of hydroxychloroquine. It has a research collaboration and license agreement with Allegheny Health Network (AHN) Research Institute to develop novel patented biomarkers. The company was formerly known as Exagen Diagnostics, Inc. and changed its name to Exagen Inc. in January 2019. Exagen Inc. was incorporated in 2002 and is headquartered in Vista, California.

XGN Stock Price History

XGN Stock News Headlines

Exagen Inc. (NASDAQ:XGN) Sees Large Decline in Short Interest
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Exagen Inc Ordinary Shares
Exagen Inc. (XGN) Q4 2023 Earnings Call Transcript
Exagen Full Year 2023 Earnings: Beats Expectations
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Here's what to expect from Exagen's earnings
Exagen reports Q4 results
XGN Apr 2024 2.500 put
See More Headlines
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Company Calendar

Last Earnings
3/18/2024
Today
4/27/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:XGN
Fax
N/A
Employees
174
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+322.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-23,690,000.00
Pretax Margin
-45.02%

Debt

Sales & Book Value

Annual Sales
$52.55 million
Book Value
$1.33 per share

Miscellaneous

Free Float
10,893,000
Market Cap
$24.48 million
Optionable
Optionable
Beta
1.19
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Key Executives

  • Dr. Tina S. Nova Ph.D. (Age 70)
    Executive Chairman of the Board of Directors
    Comp: $65k
  • Mr. John Aballi (Age 39)
    CEO, President & Director
    Comp: $558.84k
  • Mr. Kamal Adawi M.S. (Age 45)
    MBA, CFO & Corporate Secretary
    Comp: $483.28k
  • Ryan Douglas
    Investors Relations Officer
  • Mr. John Wegener (Age 55)
    Senior Vice President of Sales and Marketing
  • Dr. Andrew L. Concoff FACR
    M.D., Chief Innovation Officer & Member of Rheumatoid Arthritis Scientific Advisory Board
  • Dr. Michael I. Nerenberg M.D. (Age 69)
    Chief Medical Officer

XGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Exagen stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Exagen in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XGN shares.
View XGN analyst ratings
or view top-rated stocks.

What is Exagen's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Exagen's shares. Their XGN share price targets range from $6.00 to $6.00. On average, they anticipate the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 322.5% from the stock's current price.
View analysts price targets for XGN
or view top-rated stocks among Wall Street analysts.

How have XGN shares performed in 2024?

Exagen's stock was trading at $1.99 at the start of the year. Since then, XGN shares have decreased by 28.6% and is now trading at $1.42.
View the best growth stocks for 2024 here
.

Are investors shorting Exagen?

Exagen saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 11,900 shares, a decrease of 42.0% from the March 31st total of 20,500 shares. Based on an average trading volume of 38,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.
View Exagen's Short Interest
.

When is Exagen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our XGN earnings forecast
.

How were Exagen's earnings last quarter?

Exagen Inc. (NASDAQ:XGN) posted its quarterly earnings results on Monday, March, 18th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.41) by $0.02. The firm earned $13.77 million during the quarter, compared to the consensus estimate of $11.43 million. Exagen had a negative trailing twelve-month return on equity of 80.28% and a negative net margin of 45.08%. During the same period in the previous year, the firm earned ($0.58) EPS.

What guidance has Exagen issued on next quarter's earnings?

Exagen issued an update on its FY 2024 earnings guidance on Monday, March, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $54.0 million-$54.0 million, compared to the consensus revenue estimate of $54.1 million.

What is Ron Rocca's approval rating as Exagen's CEO?

5 employees have rated Exagen Chief Executive Officer Ron Rocca on Glassdoor.com. Ron Rocca has an approval rating of 80% among the company's employees.

When did Exagen IPO?

Exagen (XGN) raised $50 million in an initial public offering (IPO) on Thursday, September 19th 2019. The company issued 3,300,000 shares at a price of $14.00-$16.00 per share. Cowen, Cantor and William Blair served as the underwriters for the IPO.

Who are Exagen's major shareholders?

Exagen's stock is owned by many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (4.56%). Insiders that own company stock include James L L Tullis, John Aballi, Kamal Adawi, Mark Hazeltine and Wendy S Johnson.
View institutional ownership trends
.

How do I buy shares of Exagen?

Shares of XGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:XGN) was last updated on 4/27/2024 by MarketBeat.com Staff

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