Anixa Biosciences Inc (ANIX) saw an uptrend of 19.93% in the recent trading with $3.52 being its most recent. The current price level -16.19% lower than the highest price of $4.20 marked by the stock while trading over the past 52-weeks, whereas it is 70.05% higher than the lowest price of $2.07 the company dropped to over past 52-weeks. The latest news story on ANIX appeared in (MarketBeat) under the title “3 Under-the-Radar Biotechs Under $5 That Could Soar 200%”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Anixa Biosciences Inc Earnings – What Happened With ANIX
Coming around sales and income figures on ANIX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Anixa Biosciences Inc (ANIX) last released financial results for the quarter that ended 10/31/2024, posting a surprise factor of 18.18% for net revenue.
ANIX – Anixa Biosciences Inc Stock Earnings Estimates
The perspective of Anixa Biosciences Inc (NASDAQ:ANIX)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.11 for stock’s EPS in the current quarter. Anixa Biosciences Inc (ANIX) last released financial results for the quarter that ended 10/31/2024, posting a surprise factor of 18.18% for net revenue. Company’s EPS for the last quarter was -0.09.
Anixa Biosciences Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 32.82 million. ANIX does have institutional investors; and they hold 16.34% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Anixa Biosciences Inc (NASDAQ:ANIX) with an ownership of 1.39 million shares of the company or 4.3455 of the stake worth $3.08 million. The filing also reveals D.A. DAVIDSON & CO. as the second largest holder in the company with a control over 2.2974 of the outstanding shares. Its stake is worth $1.63 million for having 0.74 million shares in hand.
LAIRD NORTON TRUST COMPANY, LLC also came holding a key position in the company during the recent quarter and it now holds 1.8851 of the outstanding shares. With this there are now 78.0 institutions which have possession in ANIX’s shares.
Key Metrics for ANIX
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Anixa Biosciences Inc has a debt to equity ratio of 0.01.
