In recent trading session, Allogene Therapeutics Inc (NASDAQ:ALLO) saw 0.6 million shares changing hands at last check today with its beta currently measuring 0.88. Company’s recent per share price level of $1.88 trading at $0.04 or 1.90% at last check today assigns it a market valuation of $393.14M. That most recent trading price of ALLO’s stock is at a discount of -207.45% from its 52-week high price of $5.78 and is indicating a premium of 5.32% from its 52-week low price of $1.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.67 million shares which gives us an average trading volume of 2.28 million if we extend that period to 3-months.
For Allogene Therapeutics Inc (ALLO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.53. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.33 in the current quarter.
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Allogene Therapeutics Inc (NASDAQ:ALLO) trade information
Upright in the green today for gaining 1.90%, in the last five days ALLO remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $1.88 price level, adding 11.32% to its value on the day. Allogene Therapeutics Inc’s shares saw a change of -41.59% in year-to-date performance and have moved -0.79% in past 5-day. Allogene Therapeutics Inc (NASDAQ:ALLO) showed a performance of -8.54% in past 30-days. Number of shares sold short was 31.17 million shares which calculate 11.46 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 33.5 to the stock, which implies a rise of 94.39% to its recent value today. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 55. It follows that stock’s current price would drop -272.34% in reaching the projected high whereas dropping to the targeted low would mean a loss of -272.34% for stock’s current value.
Allogene Therapeutics Inc (ALLO) estimates and forecasts
Statistics highlight that Allogene Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -28.16% of value to its shares in past 6 months, showing an annual growth rate of 32.84% while that of industry is 17.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -66.98% from the last financial year’s standing.
18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 12.11k for the same. And 12 analysts are in estimates of company making revenue of 4.17k in the next quarter. Company posted 21k and 22k of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.18% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 36.46% while estimates for its earnings growth in next 5 years are of 1.00%.
Allogene Therapeutics Inc (NASDAQ:ALLO)’s Major holders
Insiders are in possession of 17.42% of company’s total shares while institution are holding 80.20 percent of that, with stock having share float percentage of 97.12%. Investors also watch the number of corporate investors in a company very closely, which is 80.20% institutions for Allogene Therapeutics Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at ALLO for having 31.26 million shares of worth $72.83 million. And as of 2024-06-30, it was holding 18.4816 of the company’s outstanding shares.
The second largest institutional holder is TPG GP A, LLC, which was holding about 18.72 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.0663 of outstanding shares, having a total worth of $43.61 million.
On the other hand, Smallcap World Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 6.9 shares of worth $13.07 million or 3.29% of the total outstanding shares. The later fund manager was in possession of 4.34 shares on Sep 30, 2024, making its stake of worth around $8.22 million in the company or a holder of 2.07% of company’s stock.
