Apellis Pharmaceuticals Inc (NASDAQ: APLS) Surged -34.62% In 6 Months – Here’s What Happens Next

Apellis Pharmaceuticals Inc (NASDAQ:APLS)’s traded shares stood at 0.37 million during the last session, with the company’s beta value hitting 0.88. At the last check today, the stock’s price was $27.01, to imply a decrease of -3.74% or -$1.05 in intraday trading. The APLS share’s 52-week high remains $73.80, putting it -173.23% down since that peak but still an impressive 9.89% since price per share fell to its 52-week low of $24.34. The company has a valuation of $3.36B, with an average of 4.43 million shares in intraday trading volume over the past 10 days and average of 2.47 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Apellis Pharmaceuticals Inc (APLS), translating to a mean rating of 1.59. Of 14 analyst(s) looking at the stock, 0 analyst(s) give APLS a Sell rating. 1 of those analysts rate the stock as Overweight while 2 advise Hold as 11 recommend it as a Buy.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Apellis Pharmaceuticals Inc (NASDAQ:APLS) trade information

After registering a -3.74% downside in the latest session, Apellis Pharmaceuticals Inc (APLS) has traded red over the past five days. The 5-day price performance for the stock is -9.91%, and -3.26% over 30 days. With these gigs, the year-to-date price performance is -54.88%. Short interest in Apellis Pharmaceuticals Inc (NASDAQ:APLS) saw shorts transact 20.79 million shares and set a 7.13 days time to cover.

The extremes give us $39 and $113 for target low and target high price respectively. As such, APLS has been trading -318.36% off suggested target high and -44.39% from its likely low.

Apellis Pharmaceuticals Inc (APLS) estimates and forecasts

Looking at statistics comparing Apellis Pharmaceuticals Inc share performance against respective industry, we note that the company has outperformed competitors. Apellis Pharmaceuticals Inc (APLS) shares are -34.62% down over the last 6 months, with its year-to-date growth rate higher than industry average at 61.80% against 17.70%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -13.70% for the past 5-year period. While 2024 is set for a 62.30% return in earnings, projections for the next 5 years are at 33.30% annually.

APLS Dividends

Apellis Pharmaceuticals Inc has its next earnings report out on 2025-Feb-25. 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.

Apellis Pharmaceuticals Inc (NASDAQ:APLS)’s Major holders

Apellis Pharmaceuticals Inc insiders hold 13.98% of total outstanding shares, with institutional holders owning 97.52% of the shares at 113.37% float percentage. In total, 97.52% institutions holds shares in the company, led by WELLINGTON MANAGEMENT GROUP LLP. As of 2024-06-30, the company held over 16.39 million shares (or 13.3288% of shares), all amounting to roughly $628.67 million.

The next major institution holding the largest number of shares is ECOR1 CAPITAL, LLC with 11.61 million shares, or about 9.3681% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $445.26 million.