The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Annexon Inc (NASDAQ: ANNX) closed at $2.65 down -5.69% from its previous closing price of $2.81. In other words, the price has decreased by -$5.69 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
For a deeper understanding of Annexon Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.18 and its Current Ratio is at 17.18. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
On December 21, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $4 to $6.
On October 30, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $11.Wells Fargo initiated its Overweight rating on October 30, 2023, with a $11 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 18 ’25 when Dananberg Jamie sold 5,521 shares for $2.96 per share. The transaction valued at 16,342 led to the insider holds 33,479 shares of the business.
ARTIS DEAN RICHARD sold 5,515 shares of ANNX for $16,380 on Feb 18 ’25. The EVP & CHIEF SCIENTIFIC OFFICER now owns 83,814 shares after completing the transaction at $2.97 per share. On Feb 18 ’25, another insider, Yednock Ted, who serves as the EVP & CHIEF INNOVATION OFFICER of the company, sold 8,345 shares for $2.91 each. As a result, the insider received 24,284 and left with 61,237 shares of the company.
Stock Price History:
Over the past 52 weeks, ANNX has reached a high of $8.40, while it has fallen to a 52-week low of $2.63. The 50-Day Moving Average of the stock is -37.49%, while the 200-Day Moving Average is calculated to be -51.71%.
Shares Statistics:
A total of 105.71M shares are outstanding, with a floating share count of 92.64M. Insiders hold about 13.09% of the company’s shares, while institutions hold 93.63% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by 4.0 analysts. The consensus estimate for the next quarter is -$0.28, with high estimates of -$0.28 and low estimates of -$0.28.
Analysts are recommending an EPS of between -$0.96 and -$1.03 for the fiscal current year, implying an average EPS of -$0.98. EPS for the following year is -$1.07, with 4.0 analysts recommending between -$0.64 and -$1.27.
