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Alector Inc (ALEC)
NASDAQ:ALEC
Holding ALEC?
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ALEC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.73 - $8.90
Previous Close$1.86
Volume4.46M
Average Volume (3M)1.13M
Market Cap
$182.15M
Enterprise Value-$240.41M
Total Cash (Recent Filing)$457.20M
Total Debt (Recent Filing)$34.64M
Price to Earnings (P/E)―
Beta1.58
Next Earnings
Apr 01, 2025EPS Estimate
-$0.62Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.71
Shares Outstanding97,932,605
10 Day Avg. Volume2,040,120
30 Day Avg. Volume1,133,018
Standard Deviation0.20
R-Squared0.02
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.54
Price to Sales (P/S)2.96
Price to Cash Flow (P/CF)-0.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-3.91
Enterprise Value/Gross Profit-2.48
Enterprise Value/Ebitda1.52
Forecast
1Y Price Target
$4.93Price Target Upside165.05% Upside
Rating ConsensusHold
Number of Analyst Covering8
Alector News
Bulls Say, Bears Say
Bulls Say
Clinical TrialsThe PGRN program, specifically AL001, has shown the ability to increase PGRN levels in the brain and slow disease progression, offering promising results for future studies.
Financial PositionALEC finds itself in an enviable position of having a reaffirmed cash runway through 2026, enough to get it through its next major potential catalyst.
Market StrategyAlector is focusing on five early-stage programs based on their ABC transport technology, which could open potential collaboration opportunities and increase valuation.
Bears Say
Clinical TrialsThe AL002 Phase 2 INVOKE-2 trial for Alzheimer's disease did not achieve its primary endpoint, marking the end of the AL002 program.
Financial ImpactALEC announced a 17% workforce reduction and the discontinuation of the current AL002 long-term extension study as a result of the negative data outcome.
Stock PerformanceALEC shares fell as much as 35-40% in post-market trading due to the disappointing AL002 results.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
ALEC FAQ
What was Alector Inc’s price range in the past 12 months?
Alector Inc lowest stock price was $1.73 and its highest was $8.90 in the past 12 months.
What is Alector Inc’s market cap?
Currently, no data Available
When is Alector Inc’s upcoming earnings report date?
Alector Inc’s upcoming earnings report date is Apr 01, 2025 which is in 100 days.
How were Alector Inc’s earnings last quarter?
Alector Inc released its earnings results on Nov 06, 2024. The company reported -$0.43 earnings per share for the quarter, beating the consensus estimate of -$0.534 by $0.104.
Is Alector Inc overvalued?
According to Wall Street analysts Alector Inc’s price is currently Undervalued.
Does Alector Inc pay dividends?
Alector Inc does not currently pay dividends.
What is Alector Inc’s EPS estimate?
Alector Inc’s EPS estimate is -$0.62.
How many shares outstanding does Alector Inc have?
Alector Inc has 97,932,600 shares outstanding.
What happened to Alector Inc’s price movement after its last earnings report?
Alector Inc reported an EPS of -$0.43 in its last earnings report, beating expectations of -$0.534. Following the earnings report the stock price went up 7.634%.
Which hedge fund is a major shareholder of Alector Inc?
Among the largest hedge funds holding Alector Inc’s share is Deerfield Management Company, LP. It holds Alector Inc’s shares valued at 5M.
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Alector Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$4.93 (165.05% Upside)
$4.93 (165.05% Upside)
Blogger Sentiment
Bullish
ALEC Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 83.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $276.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 11.0%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-76.39%
12-Months-Change
Fundamentals
Return on Equity
-112.55%
Trailing 12-Months
Asset Growth
-23.26%
Trailing 12-Months
Company Description
Alector Inc
Alector, Inc. operates as a clinical-stage biopharmaceutical company. It develops therapeutics for the treatment of neurodegenerative diseases including frontotemporal dementia (FTD), Alzheimer's disease, and Parkinson's disease. The company was founded by Asa Abeliovich, Errik B. Anderson, Tillman U. Gerngross, and Arnon Rosenthal in May 2013 and is headquartered in South San Francisco, CA.
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ALEC Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial health and advancements in clinical programs, particularly with AL002 and latozinemab. However, challenges such as MRI abnormalities in trials and uncertain regulatory pathways present potential hurdles.Read More>---
ALEC Stock 12 Month Forecast
Average Price Target
$4.93
▲(165.05% Upside)
Technical Analysis
Best Analysts Covering ALEC
1 Year
1 Year Success Rate
4/13 ratings generated profit
1 Year Average Return
-17.58%
reiterated a buy rating 27 days ago
Copying Yaron Werber's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -17.58% per trade.
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