Angiodynamic Inc [NASDAQ: ANGO] stock went on an upward path that rose over 37.66% on Wednesday, amounting to a one-week price increase of more than 41.27%.
Over the last 12 months, ANGO stock rose by 102.82%. The one-year Angiodynamic Inc stock forecast points to a potential upside of 7.57. The average equity rating for ANGO stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $525.81 million, with 40.84 million shares outstanding and 38.70 million shares in the current float. Compared to the average trading volume of 539.46K shares, ANGO stock reached a trading volume of 4412370 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Angiodynamic Inc [ANGO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ANGO shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ANGO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Angiodynamic Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 05, 2024. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on September 25, 2023, representing the official price target for Angiodynamic Inc stock. Previously, the target price had yet another drop from $14 to $13, while Raymond James kept a Outperform rating on ANGO stock. On October 15, 2021, analysts increased their price target for ANGO shares from 28 to 37.
The Average True Range (ATR) for Angiodynamic Inc is set at 0.65, with the Price to Sales ratio for ANGO stock in the period of the last 12 months amounting to 1.84. The Price to Book ratio for the last quarter was 2.83, with the Price to Cash per share for the same quarter was set at 1.33.
ANGO Stock Performance Analysis:
Angiodynamic Inc [ANGO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 41.27. With this latest performance, ANGO shares gained by 84.86% in over the last four-week period, additionally plugging by 131.07% over the last 6 months – not to mention a rise of 102.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ANGO stock in for the last two-week period is set at 86.39, with the RSI for the last a single of trading hit 90.77, and the three-weeks RSI is set at 82.51 for Angiodynamic Inc [ANGO]. The present Moving Average for the last 50 days of trading for this stock 7.91, while it was recorded at 9.93 for the last single week of trading, and 6.97 for the last 200 days.
Insight into Angiodynamic Inc Fundamentals:
Angiodynamic Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.24 and a Current Ratio set at 1.98.
ANGO Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ANGO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Angiodynamic Inc go to 15.00%.
Angiodynamic Inc [ANGO] Institutonal Ownership Details
There are presently around $81.30%, or 86.13%% of ANGO stock, in the hands of institutional investors. The top three institutional holders of ANGO stocks are: BLACKROCK INC. with ownership of 4.6 million shares, which is approximately 11.4443%. VANGUARD GROUP INC, holding 2.19 million shares of the stock with an approximate value of $$13.25 million in ANGO stocks shares; and VANGUARD GROUP INC, currently with $$12.76 million in ANGO stock with ownership which is approximately 5.2432%.
