AxoGen (AXGN) Stock Price, News & Analysis

Company Overview

AxoGen, Inc., together with its subsidiaries, develops and commercializes technologies for peripheral nerve regeneration and repair worldwide. The company's products include Avance Nerve Graft, a biologically active off-the-shelf processed human nerve allograft for bridging severed peripheral nerves without the comorbidities associated with a second surgical site; AxoGuard Nerve Connector, a porcine submucosa extracellular matrix (ECM) coaptation aid for tensionless repair of severed peripheral nerves; AxoGuard Nerve Protector, a porcine submucosa ECM product that is used to wrap and protect damaged peripheral nerves, as well as reinforces the nerve reconstruction while preventing soft tissue attachments; and Axoguard HA+ Nerve Protector, a processed porcine submucosa ECM base layer with a hyaluronate-alginate gel coating designed to provide short- and long-term protection for peripheral nerve injuries. Its products also comprise Axoguard Nerve Cap, a porcine submucosa ECM product that is used to protect a peripheral nerve end, as well as separates the nerve from the surrounding environment to reduce the development of symptomatic or painful neuroma; and AxoTouch two-point discriminator, a tool that is used for measuring the innervation density of surface area of the skin. The company provides its products to hospitals, surgery centers, and military hospitals, plastic reconstructive surgeons, orthopedic and plastic hand surgeons, and various oral and maxillofacial surgeons. AxoGen, Inc. is headquartered in Alachua, Florida.

Key Stats

• Today's Range: $13.89 to $14.24
• 50-Day Range: $12.65 to $14.71
• 52-Week Range: $3.56 to $15.23
• Volume: 259,545 shs
• Average Volume: 397,170 shs
• Market Capitalization: $611.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Buy

AxoGen Stock Analysis - MarketRank™

AxoGen scored higher than 21% of companies evaluated by MarketBeat, and ranked 889th out of 975 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

AxoGen has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

AxoGen has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for AxoGen are expected to grow in the coming year, from ($0.33) to ($0.18) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AxoGen is -36.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of AxoGen is -36.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

AxoGen has a P/B Ratio of 6.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.81% of the outstanding shares of AxoGen have been sold short.

Short Interest Ratio / Days to Cover

AxoGen has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AxoGen has recently increased by 1.65%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AxoGen does not currently pay a dividend.

Dividend Growth

AxoGen does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.81% of the outstanding shares of AxoGen have been sold short.

Short Interest Ratio / Days to Cover

AxoGen has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AxoGen has recently increased by 1.65%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.56

News Sentiment

AxoGen has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for AxoGen this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 2 people have added AxoGen to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AxoGen insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.00% of the stock of AxoGen is held by insiders.

Percentage Held by Institutions

80.29% of the stock of AxoGen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AXGN Stock Analysis - Frequently Asked Questions

How have AXGN shares performed this year?

AxoGen's stock was trading at $6.83 at the beginning of 2024. Since then, AXGN shares have increased by 104.2% and is now trading at $13.95.
View the best growth stocks for 2024 here.

How were AxoGen's earnings last quarter?

AxoGen, Inc. (NASDAQ:AXGN) announced its quarterly earnings results on Thursday, August, 8th. The medical equipment provider reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.14) by $0.10. The medical equipment provider had revenue of $47.91 million for the quarter, compared to analysts' expectations of $43.27 million. AxoGen had a negative trailing twelve-month return on equity of 17.30% and a negative net margin of 9.53%.

Who are AxoGen's major shareholders?

Top institutional investors of AxoGen include Perkins Capital Management Inc. (0.65%), Rice Hall James & Associates LLC (0.44%), Exchange Traded Concepts LLC (0.17%) and Semanteon Capital Management LP (0.10%). Insiders that own company stock include Karen L Zaderej, Gregory Gene Freitag, Erick Wayne Devinney, Amy Mcbride Wendell, Guido J Neels, Peter J Mariani, Michael Patrick Donovan and William P Mr Burke.
View institutional ownership trends.

How do I buy shares of AxoGen?

Shares of AXGN 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.

What other stocks do shareholders of AxoGen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AxoGen investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/02/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Electromedical equipment
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:AXGN
• CUSIP: N/A
• CIK: 805928
• Web: www.axogeninc.com
• Phone: (386) 462-6800
• Fax: 386-462-6801
• Employees: 426
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +7.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.38)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,720,000.00
• Net Margins: -9.53%
• Pretax Margin: -9.53%
• Return on Equity: -17.30%
• Return on Assets: -8.63%

Debt

• Debt-to-Equity Ratio: 0.70
• Current Ratio: 3.51
• Quick Ratio: 2.32

Sales & Book Value

• Annual Sales: $159.01 million
• Price / Sales: 3.85
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.22 per share
• Price / Book: 6.28

Miscellaneous

• Outstanding Shares: 43,830,000
• Free Float: 40,762,000
• Market Cap: $611.43 million
• Optionable: Optionable
• Beta: 1.13