During the recent session, Astera Labs Inc (NASDAQ:ALAB)’s traded shares were 2.68 million. At the last check today, the stock’s price was $115.26, reflecting an intraday loss of -6.25% or -$7.69. The 52-week high for the ALAB share is $147.39, that puts it down -27.88 from that peak though still a striking 68.58% gain since the share price plummeted to a 52-week low of $36.22. The company’s market capitalization is $18.28B, and the average intraday trading volume over the past 10 days was 3.7 million shares, and the average trade volume was 4.85 million shares over the past three months.
Astera Labs Inc (ALAB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.57. ALAB has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.26.
Astera Labs Inc (NASDAQ:ALAB) trade information
Astera Labs Inc (ALAB) registered a -6.25% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.25% in intraday trading to $115.26, hitting a weekly high. The stock’s 5-day price performance is -12.53%, and it has moved by -8.00% in 30 days. The short interest in Astera Labs Inc (NASDAQ:ALAB) is 10.06 million shares and it means that shorts have 2.21 day(s) to cover.
The consensus price target of analysts on Wall Street is $100, which implies a decrease of -15.26% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $65 and $110 respectively. As a result, ALAB is trading at a premium of 4.56% off the target high and 43.61% off the low.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 127.91M as predicted by 10 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 133.96M by the end of current fiscal year.
While earnings are projected to return 700.65% in 2025.
ALAB Dividends
Astera Labs Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Astera Labs Inc (NASDAQ:ALAB)’s Major holders
Astera Labs Inc insiders own 16.72% of total outstanding shares while institutional holders control 58.24%, with the float percentage being 69.93%.
Also, the Mutual Funds coming in first place with the largest holdings of Astera Labs Inc (ALAB) shares are Fidelity Select Portfolios – Semiconductors Portfolio and Fidelity Blue Chip Growth Fund. Data provided on Nov 30, 2024 indicates that Fidelity Select Portfolios – Semiconductors Portfolio owns about 3.82 shares. This amounts to just over 2.41 percent of the company’s overall shares, with a $442.62 million market value. The same data shows that the other fund manager holds slightly less at 3.26, or about 2.05% of the stock, which is worth about $377.87 million.
