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NASDAQ:AXDX

Accelerate Diagnostics (AXDX) Stock Price, News & Analysis

$1.38
+0.10 (+7.81%)
(As of 05/24/2024 ET)
Today's Range
$1.22
$1.43
50-Day Range
$0.74
$1.38
52-Week Range
$0.73
$11.90
Volume
297,013 shs
Average Volume
72,973 shs
Market Capitalization
$30.43 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.00

Accelerate Diagnostics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
27.5% Downside
$1.00 Price Target
Short Interest
Healthy
2.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.62
Upright™ Environmental Score
News Sentiment
0.22mentions of Accelerate Diagnostics in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$82,910 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.37) to ($1.91) 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.

2.94 out of 5 stars

Medical Sector

370th out of 923 stocks

Analytical Instruments Industry

10th out of 28 stocks

AXDX stock logo

About Accelerate Diagnostics Stock (NASDAQ:AXDX)

Accelerate Diagnostics, Inc., an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. The company offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms. It also provides the Accelerate PhenoTest, a test kit for the system, which provides identify and antibiotic susceptibility testing results for patients suspected of bacteremia or fungemia, both life-threatening conditions with high morbidity and mortality risk. The company was formerly known as Accelr8 Technology Corporation and changed its name to Accelerate Diagnostics, Inc. in December 2012. Accelerate Diagnostics, Inc. was incorporated in 1982 and is headquartered in Tucson, Arizona.

AXDX Stock Price History

AXDX Stock News Headlines

TruBridge: Q1 Earnings Snapshot
Accelerate Diagnostics Reports Q1 Loss, Misses Revenue Estimates
Q1 2024 Accelerate Diagnostics Inc Earnings Call
Accelerate Diagnostics earnings preview: what to expect
Accelerate Rural Indiana announces $30 million award
Q4 2023 Accelerate Diagnostics Inc Earnings Call
See More Headlines

Company Calendar

Last Earnings
3/28/2024
Today
5/25/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:AXDX
Employees
134
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.00
High Stock Price Target
$1.00
Low Stock Price Target
$1.00
Potential Upside/Downside
-27.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-61,620,000.00
Net Margins
-452.28%
Pretax Margin
-503.92%

Debt

Sales & Book Value

Annual Sales
$12.06 million
Book Value
($1.17) per share

Miscellaneous

Free Float
12,437,000
Market Cap
$30.43 million
Optionable
Optionable
Beta
0.53

AXDX Stock Analysis - Frequently Asked Questions

Should I buy or sell Accelerate Diagnostics stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Accelerate Diagnostics in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AXDX shares.
View AXDX analyst ratings
or view top-rated stocks.

What is Accelerate Diagnostics' stock price target for 2024?

2 brokerages have issued twelve-month price targets for Accelerate Diagnostics' shares. Their AXDX share price targets range from $1.00 to $1.00. On average, they expect the company's share price to reach $1.00 in the next twelve months. This suggests that the stock has a possible downside of 27.5%.
View analysts price targets for AXDX
or view top-rated stocks among Wall Street analysts.

How have AXDX shares performed in 2024?

Accelerate Diagnostics' stock was trading at $3.92 at the beginning of 2024. Since then, AXDX stock has decreased by 64.8% and is now trading at $1.38.
View the best growth stocks for 2024 here
.

When is Accelerate Diagnostics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our AXDX earnings forecast
.

How were Accelerate Diagnostics' earnings last quarter?

Accelerate Diagnostics, Inc. (NASDAQ:AXDX) posted its earnings results on Thursday, March, 28th. The medical research company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.62) by $0.27. The medical research company earned $3.03 million during the quarter, compared to analysts' expectations of $3.80 million.

When did Accelerate Diagnostics' stock split?

Accelerate Diagnostics shares reverse split on Wednesday, July 12th 2023. The 1-10 reverse split was announced on Wednesday, July 12th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, July 12th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Accelerate Diagnostics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Accelerate Diagnostics investors own include Himax Technologies (HIMX), Magnachip Semiconductor (MX), Fluidigm (FLDM), Universal Display (OLED), Gilead Sciences (GILD), BIOLASE (BIOL), Alibaba Group (BABA), AT&T (T), AbbVie (ABBV) and Micron Technology (MU).

Who are Accelerate Diagnostics' major shareholders?

Accelerate Diagnostics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Griffin Asset Management Inc. (6.25%), Oracle Investment Management Inc. (0.19%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David Patience, Hany Massarany, Jack Phillips, Jack W Schuler, Larry Michael Mertz, Ron Price and Steven Reichling.
View institutional ownership trends
.

How do I buy shares of Accelerate Diagnostics?

Shares of AXDX 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:AXDX) was last updated on 5/26/2024 by MarketBeat.com Staff

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