AUXL last month stock price volatility remained 3.86%. The total market capitalization remained $1.06 billion.ĪUXL is ahead its 52 week low with +61.22% and going down from its 52 week high price with -2.84%. The overall volume in the last trading session was 5.99 million shares. (NASDAQ:AUXL) on Jincreased +16.23% to the closing price of $21.91. (NYSE:WPI) moved down -1.03% to end at $69.03 while Abbott Laboratories (NYSE:ABT) plunged -0.50% to finish on Monday at $60.22.Īuxilium Pharmaceuticals, Inc. (NASDAQ:BSTC) increased +5.20% to settle at $17.00, Watson Pharmaceuticals, Inc. Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. The corporation reported that the drug lowered that abnormal curvature in 2 late-stage clinical examinations. Auxilium is also trailing the medicine as a treatment for Peyronie’s disease, which is rooted by development of scar tissue that can harden and curve the penis. Xiaflex was earlier accepted in 2010 as a treatment for Dupuytren’s contracture. Might be of interest for those High curved LB'sĪuxilium Pharmaceuticals (NASDAQ:AUXL) Stock Climbs on Xiaflex Results – AUXL, BSTC, WPI, ABTĪuxilium Pharmaceuticals, Inc (NASDAQ:AUXL) stock moved up on Monday after the corporation reported that its drug Xiaflex worked as a treatment for a situation that causes curvature of the penis and makes sex difficult. We derive our target price of $41 for Repros through a discounted-cash-flow analysis, assuming a 25% discount rate and a five multiple of the terminal value for the projected 2020 earnings before interest, taxes, depreciation and amortization (Ebitda).Found this by accident whilst going over my investment portfolio. Applying a multiple of 30 to our 2016 diluted earnings-per-share estimate, and using a discount rate of 5% to reflect the development and commercialization risk associated with Auxilium's programs, we arrive at a fair-market value of $14. We use a discounted earnings multiple method to value Auxilium. Once on the market, we believe Androxal will become the market leader for secondary hypogonadism, especially given the TRT headwinds. (ABBV)] AndroGel) by October of this year. We look forward to results from the two head-to-head Phase III trials of Androxal (versus both placebo and [ Moreover, Androxal is orally administered, which is a preferable route of delivery compared to all FDA-approved TRTs. Notably Androxal does not promote testosterone levels above the normal range, and does not reduce sperm count to below the infertility threshold.
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Androxal is not testosterone and therefore is free from the safety concerns associated with testosterone products, in our view. The shrinking TRT market driving lackluster Testim sales strengthens our confidence in Repros' Androxal.
We also do not understand why Auxilium would fail to encourage its shareholders about the launch of Xiaflex in Peyronies or the launch of Stendra, in an effort to offset the share price impact of the reduced guidance, if there was in fact anything to offer in that regard as a result of the first-quarter performance for those drugs.īy contrast to our pessimistic view of Auxilium, we remain highly optimistic about the prospects for We do not understand why the company's Testopel would be immune to any general TRT-related concerns, and expect Auxilium to, at some point, need to begin including new guidance there should it give more granular line-item revenue guidance at some point. Given the revised guidance, we are lowering our target price to $14 from $17. Auxilium also revised its 2014 non-GAAP research-and-development expense guidance to $40 million-$45 million, down from $50 million-$55 million, and its non-GAAP net income to a loss of $15 million-breakeven from $45 million-$50 million. Consequently, the company recorded a liability for the lower margin on all Testim units expected to be in the channels.
Moreover, Auxilium saw a greater destocking of Testim inventory and decrease in high-margin prescriptions. As a result, total prescription of TRT gel products in 2014 is believed to be 25% below 2013. Following the recent medical-journal publications suggesting safety concerns associated with TRT products, the Food and Drug Administration is now investigating the safety of the drug class, and litigation is being carried on against TRT drug manufacturers. The lackluster Testim sales were due to the shrinking testosterone-replacement therapy (TRT) gel market and lower Testim market share, as well as company-specific issues.
(ticker: AUXL) (rated at Sell) guided its first-quarter Testim sales to $11 million-$13 million versus $46 million in first-quarter 2013, as well as its full-year 2014 Testim sales to below $85 million.
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