Investors are poised to add Axogen Inc (AXGN) Stock to their long term portfolios

At the time of writing, Axogen Inc [AXGN] stock is trading at $18.05, up 18.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AXGN shares have gain 10.06% over the last week, with a monthly amount glided 23.04%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Axogen Inc [NASDAQ: AXGN] stock has seen the most recent analyst activity on July 01, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $13. On May 09, 2022, upgrade upgraded it’s rating to Buy and revised its price target to $15 on the stock. Guggenheim initiated its recommendation with a Buy and recommended $24 as its price target on October 23, 2020. In a note dated May 07, 2020, Canaccord Genuity downgraded an Hold rating on this stock but restated the target price of $12.

For the past year, the stock price of Axogen Inc fluctuated between $5.55 and $17.23. Axogen Inc [NASDAQ: AXGN] shares were valued at $18.05 at the most recent close of the market.

Analyzing the AXGN fundamentals

According to Axogen Inc [NASDAQ:AXGN], the company’s sales were 180.86M for trailing twelve months, which represents an 17.86% jump. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.15 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.90 points at the first support level, and at 13.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.30, and for the 2nd resistance point, it is at 20.55.

Ratios To Look Out For

It is important to note that Axogen Inc [NASDAQ:AXGN] has a current ratio of 3.74. As well, the Quick Ratio is 2.47, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 4.39, the price to book ratio is 7.99.

Transactions by insiders

Recent insider trading involved Zaderej Karen L., SENIOR ADVISOR, that happened on Nov 07 ’24 when 70000.0 shares were purchased. SENIOR ADVISOR, Zaderej Karen L. completed a deal on Sep 05 ’24 to buy 0.15 million shares. Meanwhile, Officer Donovan Michael Patrick bought 28003.0 shares on Aug 21 ’24.

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