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How to Buy Axogen Stock

Axogen Inc

AxoGen, Inc. , together with its subsidiaries, develops and markets surgical solutions for physical damage or transection to peripheral nerves.

Axogen stock last closed at $6.87, down 1.43% from the previous day, and has decreased 26.76% in one year. It has underperformed other stocks in the Medical Devices industry by 0.1 percentage points. Axogen stock is currently +99.13% from its 52-week low of $3.45, and -36.58% from its 52-week high of $10.83.

There are currently 43.21M AXGN shares outstanding. The market capitalization of AXGN is $296.83M. In the last 24 hours, 120,303 AXGN shares were traded.

How to Buy Axogen Stock

Wondering how to invest in Axogen stock? Here's how.
  1. Figure out where to buy Axogen stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Axogen stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your method of payment and add your info.
  4. Research Axogen stock: The Axogen ticker symbol is AXGN. Is Axogen stock a good investment? Should you buy shares of AXGN? How do AXGN's underlying business fundamentals look? Do top analysts think Axogen is a good buy? Why has AXGN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if AXGN is a good stock to buy).
  5. Make your AXGN buy order: Decide if you will purchase AXGN shares at the current market price or use a limit order to purchase AXGN shares at a specific price.
  6. Get key alerts regarding your investment in AXGN: Create a watchlist to monitor your investment in Axogen stock.

Step 1: Figure out where to buy Axogen stock

You will need an online brokerage account in order to access the NASDAQ market and buy AXGN shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in AXGN today.

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Step 3: Put funds into your investment account

Now that you have opened your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

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Step 4: Research Axogen stock

After you have figured out the best place to buy Axogen stock, it's very important to research their stock before you buy, so you can understand the risk as well as the opportunity.

Axogen quick stats

AXGN Price
$6.87
1w %
-1.01%
1y %
-26.76%
5y %
-67.66%
P/E
-13.47x
P/B
3.1x
P/S
1.85x
PEG
N/A
Revenue
$159.01M
Earnings
-$21.72M
Fore. Rev. Growth
11.84%
Fore. Earn. Growth
N/A
Market Cap
$296.83M
Next Earnings
May 7, 2024
Next Dividend
N/A

Axogen Due Diligence Checks

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on AXGN's stock page.

Is AXGN stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge AXGN's true value.

Using relative valuations methods:

  • AXGN may be undervalued based on its P/B ratio of 3.1x, relative to Medical Devices industry P/B ratio of 3.73x

You can do more valuation research on AXGN's stock here.

AXGN Financial Overview

Passed Financial Due Diligence Checks:

  • AXGN has cash burn of 19588000. It has sufficient cash and short-term investments to cover this for at least one year.
  • AXGN has $37.03M in cash and short term investments. This is enough to cover its annual cash burn of $19.59M.
  • There are more short-term assets than short-term liabilities on the AXGN balance sheet.
  • AXGN profit margin has gone up from -20.9% to -13.7% in the past year.
  • There are more short-term assets than long-term liabilities on the AXGN balance sheet.

Failed Financial Due Diligence Checks:

  • AXGN has a relatively high debt to equity ratio of 1.06.
  • Total AXGN debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy AXGN stock, according to Wall Street analysts?

Out of 2 sell side analysts who give ratings on AXGN, the consensus analyst rating on Axogen is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Axogen stock forecast page.

AXGN Technical Indicators

SMA10
6.93
SMA20
7.4
SMA50
8.45
SMA100
8.29
SMA200
7.11
MACD
-0.42
MACD Signal
-0.42
MACD Histogram
0
RSI
36.44
Stochastic %K
31.7
Stochastic %D
23.42
StochRSI %K
54.9
StochRSI %D
35.94

AXGN Performance Metrics

Last year, AXGN revenue was $159.01M. In the last five year, AXGN's revenue has gone up by 13.63% per year. This was faster than the Medical Devices industry average of 13.35%.

Find out more about AXGN's earnings and revenue performance here.

Latest Insiders Trades at AXGN

In the last year, executives and large shareholders at AXGN have sold more shares than they have bought.

Erick Wayne Devinney, Chief Innovation Officer of AXGN, was the latest AXGN insider to sell. They sold $24,122.88 worth of AXGN stock on Mar 21, 2024.

Learn more about who owns AXGN shares here.

Can I get consistent income from AXGN stock?

No, Axogen doesn't provide an income stream by paying out dividends.

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Step 5: Make your AXGN buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.

Hit the Open button and your broker will place the order.

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Step 6: Get key alerts regarding your investment in AXGN

Now that you own some AXGN stock, you'll want to stay up-to-date on your new shares.

Add AXGN to a watchlist to monitor your AXGN stock.

AXGN Feed

How to Buy Stock in Axogen

To summarize, here are the 6 steps for buying Axogen stock:

  1. Figure out where to buy Axogen stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Research Axogen stock
  5. Make your AXGN buy order
  6. Get key alerts regarding your investment in AXGN

If you require a brokerage, eToro is our favorite option.

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If you want to keep an eye on your new investment in Axogen, create your watchlist below.

NASDAQ: AXGN
$6.87-0.10 (-1.43%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: AXGN
$6.87-0.10 (-1.43%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Axogen share?

As of Apr 24, 2024, it costs $6.87 to buy one share of Axogen stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.437 shares of AXGN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Axogen stock?

According to 2 Wall Street analysts who monitor Axogen, their consensus recommendation is to buy Axogen stock.

What is the best way to buy Axogen stock?

One way to place an order for Axogen stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.