Astera Labs Inc. (NASDAQ:ALAB)’s traded shares stood at 1.43 million during the last session. At the close of trading, the stock’s price was $39.78, to imply a decrease of -2.15% or -$0.88 in intraday trading. The ALAB share’s 52-week high remains $95.21, putting it -139.34% down since that peak but still an impressive 8.95% since price per share fell to its 52-week low of $36.22. The company has a valuation of $6.23B, with an average of 3.13 million shares in intraday trading volume over the past 10 days and average of 1.96 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Astera Labs Inc. (ALAB), translating to a mean rating of 1.33. Of 7 analyst(s) looking at the stock, 0 analyst(s) give ALAB a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.16.
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Astera Labs Inc. (NASDAQ:ALAB) trade information
After registering a -2.15% downside in the last session, Astera Labs Inc. (ALAB) has traded red over the past five days. The 5-day price performance for the stock is -8.12%, and -15.62% over 30 days. With these gigs, the year-to-date price performance is -35.86%. Short interest in Astera Labs Inc. (NASDAQ:ALAB) saw shorts transact 10.37 million shares and set a 7.34 days time to cover.
The extremes give us $55 and $100 for target low and target high price respectively. As such, ALAB has been trading -151.38% off suggested target high and -38.26% from its likely low.
Revenue forecast for the current quarter as set by 10 analysts is 97.38M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 106.15M.
ALAB Dividends
Astera Labs Inc. has its next earnings report out in September. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Astera Labs Inc. (NASDAQ:ALAB)’s Major holders
Astera Labs Inc. insiders hold 17.86% of total outstanding shares, with institutional holders owning 46.94% of the shares at 57.15% float percentage. In total, 46.94% institutions holds shares in the company.
