NASDAQ:ANIK Anika Therapeutics (ANIK) Stock Price, News & Analysis → $5,000 Gold? (From Stansberry Research) (Ad) Free ANIK Stock Alerts $27.59 +1.10 (+4.15%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$26.50▼$27.6150-Day Range$24.28▼$26.4952-Week Range$16.54▼$28.13Volume64,452 shsAverage Volume78,058 shsMarket Capitalization$409.16 millionP/E RatioN/ADividend YieldN/APrice Target$29.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Anika Therapeutics alerts: Email Address Anika Therapeutics MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside6.9% Upside$29.50 Price TargetShort InterestBearish5.73% of Float Sold ShortDividend StrengthN/ASustainability-2.12Upright™ Environmental ScoreNews Sentiment0.50Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth20.54%From $1.12 to $1.35 Per ShareSee Full Details Hide Full Details 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 starsMedical Sector423rd out of 908 stocksSurgical & Medical Instruments Industry53rd out of 96 stocks 1.3 Analyst's Opinion Consensus RatingAnika Therapeutics has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAnika Therapeutics has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.73% of the float of Anika Therapeutics has been sold short.Short Interest Ratio / Days to CoverAnika Therapeutics has a short interest ratio ("days to cover") of 9.9.Change versus previous monthShort interest in Anika Therapeutics has recently increased by 5.28%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAnika Therapeutics does not currently pay a dividend.Dividend GrowthAnika Therapeutics does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAnika Therapeutics has received a 44.00% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Synthetic bone grafts", "Medical splints", and "Medical screws" products. See details.Environmental SustainabilityThe Environmental Impact score for Anika Therapeutics is -2.12. Previous Next 3.1 News and Social Media Coverage News SentimentAnika Therapeutics has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Anika Therapeutics this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Anika Therapeutics to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Anika Therapeutics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.85% of the stock of Anika Therapeutics is held by insiders.Percentage Held by Institutions91.53% of the stock of Anika Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Anika Therapeutics are expected to grow by 20.54% in the coming year, from $1.12 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Anika Therapeutics is -4.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Anika Therapeutics is -4.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAnika Therapeutics has a PEG Ratio of 2.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAnika Therapeutics has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchThe Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.Click here to find out for free. About Anika Therapeutics Stock (NASDAQ:ANIK)Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and arthrosurface joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products includes Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; and Cingal, a single-injection OA pain management product to provide both short- and long-term pain relief. The company's joint preservation and restoration product family comprises and orthopedic regenerative solutions, including Hyalofast and Tactoset; sports medicine solutions used to repair and reconstruct damaged ligaments and tendons; and preserving joint solutions, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants, which are designed to treat upper and lower extremity orthopedic conditions. In addition, it offers non-orthopedic products comprising HA-based products for non-orthopedic applications including Hyvisc, a molecular weight injectable HA veterinary product; Hyalobarrier, an anti-adhesion barrier indicated for use after abdominal-pelvic surgeries; and Hyalomatrix used for the treatment of burns and ulcers, as well as products used for the treatment of ears, nose and throat disorders, and ophthalmic products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.Read More ANIK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ANIK Stock News HeadlinesMay 2, 2024 | americanbankingnews.comShort Interest in Anika Therapeutics, Inc. (NASDAQ:ANIK) Rises By 5.3%May 1, 2024 | stocknews.com3 Biotech Stocks Heating up for MayMay 2, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 26, 2024 | yahoo.comFDA approves Pfizer’s first gene therapy for rare inherited bleeding disorderApril 25, 2024 | finance.yahoo.comAnika Therapeutics (NASDAQ:ANIK) shareholders have endured a 37% loss from investing in the stock three years agoApril 18, 2024 | finance.yahoo.comAnika to Issue First Quarter 2024 Financial Results on Wednesday, May 8, 2024April 18, 2024 | globenewswire.comAnika to Issue First Quarter 2024 Financial Results on Wednesday, May 8, 2024April 2, 2024 | globenewswire.comAnika to Participate in the 23rd Annual Needham Virtual Healthcare ConferenceMay 2, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).March 28, 2024 | msn.comViking Therapeutics stock jumps more than 15% on promising weight loss pill dataMarch 16, 2024 | finance.yahoo.comAnika Therapeutics, Inc. (NASDAQ:ANIK) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | markets.businessinsider.comAnika Therapeutics: Strong Q4 Performance and Upbeat FY2024 Outlook Justify Buy Rating and Raised Price TargetMarch 14, 2024 | finanznachrichten.deAnika Therapeutics Inc.: Anika Reports Fourth Quarter and Year-End 2023 Financial ResultsMarch 14, 2024 | marketwatch.comAnika Therapeutics to Cut Workforce by 9% in Push for ProfitabilityMarch 13, 2024 | globenewswire.comAnika Reports Fourth Quarter and Year-End 2023 Financial ResultsMarch 12, 2024 | msn.comAnika Therapeutics Q4 2023 Earnings PreviewMarch 12, 2024 | seekingalpha.comADC Therapeutics Q4 Earnings PreviewMarch 12, 2024 | benzinga.comEarnings Outlook For Anika TherapeuticsMarch 8, 2024 | globenewswire.comAnika Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)March 8, 2024 | reuters.comEurope waits on ECB as BOJ lights up the yenMarch 7, 2024 | finance.yahoo.comFifth Annual MedExecWomen Conference in April to Discuss This Year’s Top Opportunities in MedtechMarch 7, 2024 | msn.comActivist investor Caligan discloses 9.7% stake in Anika, nominates two director candidatesMarch 1, 2024 | finance.yahoo.comViscosupplementation Market to Reach US$ 7.81 Billion by 2030: A Comprehensive Analysis of Industry Trends, Growth Drivers, and Market ShareFebruary 27, 2024 | globenewswire.comAnika to Issue Fourth Quarter and Year-End 2023 Financial Results on Wednesday, March 13, 2024February 21, 2024 | finance.yahoo.comAnika Therapeutics Inc (AKP.BE)February 15, 2024 | finance.yahoo.comStoke Therapeutics, Inc. (STOK) Stock Jumps 25.5%: Will It Continue to Soar?February 6, 2024 | finance.yahoo.comPixelgen Technologies and Australian Biosearch Announce Distribution AgreementSee More Headlines Receive ANIK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Anika Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/13/2024Today5/02/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryHealth Care Supplies Current SymbolNASDAQ:ANIK CUSIP03525510 CIK898437 Webwww.anikatherapeutics.com Phone(781) 457-9000Fax781-305-9720Employees357Year Founded1992Price Target and Rating Average Stock Price Target$29.50 High Stock Price Target$37.00 Low Stock Price Target$22.00 Potential Upside/Downside+11.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($5.65) Trailing P/E RatioN/A Forward P/E Ratio23.65 P/E Growth2.31Net Income$-82,670,000.00 Net Margins-49.60% Pretax Margin-51.20% Return on Equity-2.10% Return on Assets-1.71% Debt Debt-to-Equity RatioN/A Current Ratio5.26 Quick Ratio3.76 Sales & Book Value Annual Sales$166.66 million Price / Sales2.36 Cash Flow$5.04 per share Price / Cash Flow5.26 Book Value$14.50 per share Price / Book1.83Miscellaneous Outstanding Shares14,830,000Free Float13,961,000Market Cap$392.85 million OptionableOptionable Beta0.74 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesDr. Cheryl Renee Blanchard Ph.D. (Age 60)President, CEO & Director Comp: $1.34MMr. Michael L. Levitz (Age 50)Executive VP, CFO & Treasurer Comp: $734.14kMr. Ian W. McLeodVP & Chief Accounting OfficerMr. Mark Namaroff (Age 61)Executive Director of Investor Relations & Corporate Communications Mr. James ChaseSenior Vice President of International Sales & MarketingMr. Ben JosephVice President of Commercial & Corporate DevelopmentMs. Lisa FunicielloVice President of Human ResourcesMore ExecutivesKey CompetitorsOraSure TechnologiesNASDAQ:OSURCerusNASDAQ:CERSUtah Medical ProductsNASDAQ:UTMDAtrionNASDAQ:ATRINevroNYSE:NVROView All CompetitorsInstitutional OwnershipBNP Paribas Financial MarketsBought 3,217 shares on 5/1/2024Ownership: 0.150%Allspring Global Investments Holdings LLCBought 14,259 shares on 4/18/2024Ownership: 0.440%Fisher Asset Management LLCSold 2,105 shares on 3/5/2024Ownership: 0.264%Trigran Investments Inc.Sold 77,965 shares on 2/14/2024Ownership: 14.611%Invenomic Capital Management LPBought 116,679 shares on 2/14/2024Ownership: 1.437%View All Institutional Transactions ANIK Stock Analysis - Frequently Asked Questions Should I buy or sell Anika Therapeutics stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Anika Therapeutics in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ANIK shares. View ANIK analyst ratings or view top-rated stocks. What is Anika Therapeutics' stock price target for 2024? 2 brokers have issued 1 year price objectives for Anika Therapeutics' shares. Their ANIK share price targets range from $22.00 to $37.00. On average, they expect the company's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts price targets for ANIK or view top-rated stocks among Wall Street analysts. How have ANIK shares performed in 2024? Anika Therapeutics' stock was trading at $22.66 at the beginning of the year. Since then, ANIK stock has increased by 21.8% and is now trading at $27.59. View the best growth stocks for 2024 here. Are investors shorting Anika Therapeutics? Anika Therapeutics saw a increase in short interest in April. As of April 15th, there was short interest totaling 811,100 shares, an increase of 5.3% from the March 31st total of 770,400 shares. Based on an average trading volume of 81,800 shares, the days-to-cover ratio is presently 9.9 days. Approximately 5.7% of the company's stock are short sold. View Anika Therapeutics' Short Interest. When is Anika Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ANIK earnings forecast. How can I listen to Anika Therapeutics' earnings call? Anika Therapeutics will be holding an earnings conference call on Wednesday, May 8th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Anika Therapeutics' earnings last quarter? Anika Therapeutics, Inc. (NASDAQ:ANIK) announced its quarterly earnings data on Wednesday, March, 13th. The biotechnology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.20. The biotechnology company had revenue of $42.97 million for the quarter, compared to analyst estimates of $41.51 million. Anika Therapeutics had a negative net margin of 49.60% and a negative trailing twelve-month return on equity of 2.10%. What ETF holds Anika Therapeutics' stock? Invesco Nasdaq Future Gen 200 ETF holds 1,676 shares of ANIK stock, representing 0.60% of its portfolio. What guidance has Anika Therapeutics issued on next quarter's earnings? Anika Therapeutics issued an update on its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $168.0 million-$173.0 million, compared to the consensus revenue estimate of $179.4 million. What other stocks do shareholders of Anika Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Anika Therapeutics investors own include Alibaba Group (BABA), Broadcom (AVGO), Gilead Sciences (GILD), Micron Technology (MU), Skyworks Solutions (SWKS), Tesla (TSLA), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD) and Ligand Pharmaceuticals (LGND). Who are Anika Therapeutics' major shareholders? Anika Therapeutics' stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.44%), BNP Paribas Financial Markets (0.15%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Cheryl R Blanchard, David Colleran, Jeffery S Thompson, John B Henneman III, Michael L Levitz and Raymond J Land. View institutional ownership trends. How do I buy shares of Anika Therapeutics? Shares of ANIK 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:ANIK) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsTruth about Trump you’ve never heardPorter & CompanyHe Is Giving Away BitcoinCrypto Swap ProfitsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithAI “wealth window” is closing June 25thParadigm Press4 Cryptos BETTER than BitcoinTrue Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Anika Therapeutics, Inc. 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