In the last trading session, 1.66 million Annexon Inc (NASDAQ:ANNX) shares changed hands as the company’s beta touched 1.25. With the company’s per share price at $2.09 changed hands at $0.08 or 3.98% during last session, the market valuation stood at $229.31M. ANNX’s last price was a discount, traded about -275.6% off its 52-week high of $7.85. The share price had its 52-week low at $1.28, which suggests the last value was 38.76% up since then.
Analysts gave the Annexon Inc (ANNX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ANNX as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Annexon Inc’s EPS for the current quarter is expected to be -0.37.
Annexon Inc (NASDAQ:ANNX) trade information
Instantly ANNX was in green as seen at the end of in last trading. With action 18.08%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -59.26%, with the 5-day performance at 18.08% in the green. However, in the 30-day time frame, Annexon Inc (NASDAQ:ANNX) is 43.15% up.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need an upside of 85.07% from its current market value. According to analyst projections, ANNX’s forecast low is 14 with 14 as the target high. To hit the forecast high, the stock’s price needs a -569.86% plunge from its current level, while the stock would need to soar -569.86% for it to hit the projected low.
Annexon Inc (ANNX) estimates and forecasts
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.09%. The 2025 estimates are for Annexon Inc earnings to decrease by -38.63%, but the outlook for the next 5-year period is at 2.82% per year.
Annexon Inc (NASDAQ:ANNX)’s Major holders
FMR LLC holds the second largest percentage of outstanding shares, with 6.3779% or 8.3 million shares worth $40.67 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund. With 3.01 shares estimated at $6.29 million under it, the former controlled 2.74% of total outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held about 2.72% of the shares, roughly 2.98 shares worth around $6.23 million.
