With 0.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.62 million shares. The 52-week range on AXGN shows that it touched its highest point at $21.00 and its lowest point at $5.74 during that stretch. It currently has a 1-year price target of $24.38. Beta for the stock currently stands at 1.07.
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 4.09%, but this was down by -24.07% over a month. Three-month performance dropped to -34.75% while six-month performance fell -10.85%. The stock gained 105.03% in the past year, while it has lost -28.22% so far this year. A look at the trailing 12-month EPS for AXGN yields -0.16 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.06. This implies an EPS growth rate of 60.26% for this year and 128.00% for next year. EPS is expected to grow by 86.26% 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, 45.51 million AXGN shares are outstanding with a float of 42.99 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.
