With 1.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. The 52-week range on AXGN shows that it touched its highest point at $19.19 and its lowest point at $5.55 during that stretch. It currently has a 1-year price target of $21.00. Beta for the stock currently stands at 1.04.
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 down-trending over the past week, with a drop of -0.66%, but this was down by -3.69% over a month. Three-month performance surged to 41.25% while six-month performance rose 39.40%. The stock gained 73.17% in the past year, while it has gained 9.28% so far this year. A look at the trailing 12-month EPS for AXGN yields -0.33 with Next year EPS estimates of 0.34. For the next quarter, that number is 0.04. This implies an EPS growth rate of 149.82% for this year and 306.14% for next year.
Float and Shares Shorts:
At present, 44.00 million AXGN shares are outstanding with a float of 41.54 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 $0.05 and the low estimate is -$0.03. The average estimate for the next quarter is thus $0.02.
