With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on AXGN shows that it touched its highest point at $21.00 and its lowest point at $5.65 during that stretch. It currently has a 1-year price target of $26.12. Beta for the stock currently stands at 1.21.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AXGN was up-trending over the past week, with a rise of 0.74%, but this was down by -1.38% over a month. Three-month performance dropped to -13.19% while six-month performance rose 17.49%. The stock gained 183.07% in the past year, while it has lost -0.55% so far this year. A look at the trailing 12-month EPS for AXGN yields -0.23 with Next year EPS estimates of 0.50. For the next quarter, that number is 0.01. This implies an EPS growth rate of 115.62% for this year and 79.39% for next year. EPS is expected to grow by 76.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.24%.
Float and Shares Shorts:
At present, 44.15 million AXGN shares are outstanding with a float of 42.95 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AXGN since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.09138889 being high and $0.06397222 being low. For AXGN, this leads to a yearly average estimate of $0.08225. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.08.
