NASDAQ:AXDX

Accelerate Diagnostics (AXDX) Stock Price, News & Analysis

$0.89
-0.06 (-6.34%)
(As of 10:58 AM ET)
Today's Range
$0.89
$0.95
50-Day Range
$0.74
$1.19
52-Week Range
$0.73
$11.90
Volume
1,351 shs
Average Volume
113,236 shs
Market Capitalization
$19.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.00

Accelerate Diagnostics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.5% Upside
$1.00 Price Target
Short Interest
Bearish
2.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.62
Upright™ Environmental Score
News Sentiment
0.40mentions of Accelerate Diagnostics in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$83,235 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.27) to ($1.94) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.70 out of 5 stars

Medical Sector

383rd out of 908 stocks

Analytical Instruments Industry

11th out of 26 stocks

AXDX stock logo

About Accelerate Diagnostics Stock (NASDAQ:AXDX)

Accelerate Diagnostics, Inc., an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. The company offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms. It also provides the Accelerate PhenoTest, a test kit for the system, which provides identify and antibiotic susceptibility testing results for patients suspected of bacteremia or fungemia, both life-threatening conditions with high morbidity and mortality risk. The company was formerly known as Accelr8 Technology Corporation and changed its name to Accelerate Diagnostics, Inc. in December 2012. The company was incorporated in 1982 and is headquartered in Tucson, Arizona.

AXDX Stock Price History

AXDX Stock News Headlines

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Accelerate Rural Indiana announces $30 million award
Q4 2023 Accelerate Diagnostics Inc Earnings Call
Recap: Accelerate Diagnostics Q4 Earnings
A Preview Of Accelerate Diagnostics's Earnings
PAVmed Q4 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
4/26/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:AXDX
Employees
179
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.00
High Stock Price Target
$1.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-61,620,000.00
Net Margins
-454.95%
Pretax Margin
-503.92%

Debt

Sales & Book Value

Annual Sales
$12.06 million
Book Value
($1.37) per share

Miscellaneous

Free Float
12,218,000
Market Cap
$20.27 million
Optionable
Optionable
Beta
0.52
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Key Executives

  • Mr. Jack PhillipsMr. Jack Phillips (Age 58)
    CEO, President & Director
    Comp: $595k
  • Mr. Lawrence Michael Mertz (Age 62)
    Chief Technology Officer
    Comp: $329.23k
  • Mr. David Patience (Age 38)
    CFO, Principal Financial Officer & Principal Accounting Officer
  • Ms. Maya Gowri
    Senior VP & Head of Operations
  • Laura Pierson
    Investor Relations Officer
  • Mr. John Meduri
    Chief Strategy Officer
  • Mr. Chris Thode
    Senior Vice President of US Commercial
  • Ms. Rita Boukamel
    Senior VP & Head of EMEA

AXDX Stock Analysis - Frequently Asked Questions

Should I buy or sell Accelerate Diagnostics stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Accelerate Diagnostics in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AXDX shares.
View AXDX analyst ratings
or view top-rated stocks.

What is Accelerate Diagnostics' stock price target for 2024?

2 Wall Street analysts have issued 1 year price targets for Accelerate Diagnostics' shares. Their AXDX share price targets range from $1.00 to $1.00. On average, they expect the company's share price to reach $1.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for AXDX
or view top-rated stocks among Wall Street analysts.

How have AXDX shares performed in 2024?

Accelerate Diagnostics' stock was trading at $3.92 on January 1st, 2024. Since then, AXDX stock has decreased by 76.3% and is now trading at $0.93.
View the best growth stocks for 2024 here
.

Are investors shorting Accelerate Diagnostics?

Accelerate Diagnostics saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 373,700 shares, an increase of 27.7% from the March 31st total of 292,600 shares. Based on an average daily trading volume, of 86,400 shares, the days-to-cover ratio is presently 4.3 days. Currently, 2.9% of the shares of the stock are short sold.
View Accelerate Diagnostics' Short Interest
.

When is Accelerate Diagnostics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our AXDX earnings forecast
.

How were Accelerate Diagnostics' earnings last quarter?

Accelerate Diagnostics, Inc. (NASDAQ:AXDX) issued its quarterly earnings results on Thursday, March, 28th. The medical research company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.62) by $0.27. The medical research company earned $3.03 million during the quarter, compared to the consensus estimate of $3.80 million.

When did Accelerate Diagnostics' stock split?

Accelerate Diagnostics shares reverse split on Wednesday, July 12th 2023. The 1-10 reverse split was announced on Wednesday, July 12th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, July 12th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Accelerate Diagnostics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Accelerate Diagnostics investors own include Himax Technologies (HIMX), Magnachip Semiconductor (MX), Fluidigm (FLDM), Universal Display (OLED), Gilead Sciences (GILD), BIOLASE (BIOL), Alibaba Group (BABA), AT&T (T), AbbVie (ABBV) and Micron Technology (MU).

Who are Accelerate Diagnostics' major shareholders?

Accelerate Diagnostics' stock is owned by a number of institutional and retail investors. Top institutional investors include Griffin Asset Management Inc. (6.25%). Insiders that own company stock include David Patience, Hany Massarany, Jack Phillips, Jack W Schuler, Larry Michael Mertz, Ron Price and Steven Reichling.
View institutional ownership trends
.

How do I buy shares of Accelerate Diagnostics?

Shares of AXDX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AXDX) was last updated on 4/26/2024 by MarketBeat.com Staff

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