Why Should You Invest In Axogen Inc (NASDAQ: AXGN)?

In the last trading session, 1.64 million Axogen Inc (NASDAQ:AXGN) shares changed hands as the company’s beta touched 1.04. With the company’s per share price at $20.11 changed hands at $2.1 or 11.66% during last session, the market valuation stood at $885.01M. AXGN’s last price was a premium, traded about 4.57% off its 52-week high of $19.19. The share price had its 52-week low at $5.55, which suggests the last value was 72.4% up since then.

Analysts gave the Axogen Inc (AXGN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.14. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AXGN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Axogen Inc’s EPS for the current quarter is expected to be 0.02.

Axogen Inc (NASDAQ:AXGN) trade information

Instantly AXGN was in green as seen at the end of in last trading. With action 12.03%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 22.03%, with the 5-day performance at 12.03% in the green. However, in the 30-day time frame, Axogen Inc (NASDAQ:AXGN) is 10.86% up.

Axogen Inc (AXGN) estimates and forecasts

Year-over-year growth is forecast to reach 15.34% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 48.86M. 4 analysts are of the opinion that Axogen Inc’s revenue for the current quarter will be 53.68M. The company’s revenue for the corresponding quarters a year ago was 41.38M and 47.91M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.07%. The estimates for the next quarter sales put growth at 12.04%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.44%. The 2025 estimates are for Axogen Inc earnings to increase by 149.76%, but the outlook for the next 5-year period is at 76.52% per year.

AXGN Dividends

Axogen Inc is expected to release its next quarterly earnings report in March.

FIRST LIGHT ASSET MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 7.6499% or 3.34 million shares worth $24.21 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 1.31 shares estimated at $26.3 million under it, the former controlled 2.97% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.71% of the shares, roughly 1.19 shares worth around $24.02 million.