During the last session, Annexon Inc (NASDAQ:ANNX)’s traded shares were 0.61 million, with the beta value of the company hitting 1.33. At the end of the trading day, the stock’s price was $5.48, reflecting an intraday loss of -0.18% or -$0.01. The 52-week high for the ANNX share is $8.40, that puts it down -53.28 from that peak though still a striking 71.35% gain since the share price plummeted to a 52-week low of $1.57. The company’s market capitalization is $577.65M, and the average intraday trading volume over the past 10 days was 1.0 million shares, and the average trade volume was 2.79 million shares over the past three months.

Annexon Inc (ANNX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ANNX has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.23.

Annexon Inc (NASDAQ:ANNX) trade information

Annexon Inc (ANNX) registered a -0.18% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.18% in intraday trading to $5.48, hitting a weekly high. The stock’s 5-day price performance is -8.21%, and it has moved by 0.18% in 30 days. Based on these gigs, the overall price performance for the year is 63.58%. The short interest in Annexon Inc (NASDAQ:ANNX) is 5.84 million shares and it means that shorts have 2.7 day(s) to cover.

The consensus price target of analysts on Wall Street is $14, which implies an increase of 60.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $14 respectively. As a result, ANNX is trading at a discount of -155.47% off the target high and -155.47% off the low.

Annexon Inc (ANNX) estimates and forecasts

Statistics show that Annexon Inc has outperformed its competitors in share price, compared to the industry in which it operates. Annexon Inc (ANNX) shares have gone up 2.43% during the last six months, with a year-to-date growth rate more than the industry average at 44.63% against 16.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 51.10% this quarter and then jump 39.50% in the quarter after that.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -29.69%. While earnings are projected to return 44.85% in 2024, the next five years will return 38.60% per annum.

ANNX Dividends

Annexon Inc is due to release its next quarterly earnings 2024-Aug-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Annexon Inc (NASDAQ:ANNX)’s Major holders

Annexon Inc insiders own 0.39% of total outstanding shares while institutional holders control 99.47%, with the float percentage being 99.86%. FMR LLC is the largest shareholder of the company, while 176.0 institutions own stock in it. As of 2024-03-31, the company held over 9.37 million shares (or 11.983% of all shares), a total value of $67.2 million in shares.

The next largest institutional holding, with 8.7 million shares, is of BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC’s that is approximately 7.0947% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $62.4 million.

Also, the Mutual Funds coming in first place with the largest holdings of Annexon Inc (ANNX) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.26 shares. This amounts to just over 2.45 percent of the company’s overall shares, with a $12.4 million market value. The same data shows that the other fund manager holds slightly less at 2.06, or about 2.23% of the stock, which is worth about $11.29 million.