In last trading session, Alector Inc (NASDAQ:ALEC) saw 0.46 million shares changing hands with its beta currently measuring 0.65. Company’s recent per share price level of $1.87 trading at $0.01 or 0.54% at ring of the bell on the day assigns it a market valuation of $183.13M. That closing price of ALEC’s stock is at a discount of -305.35% from its 52-week high price of $7.58 and is indicating a premium of 17.11% from its 52-week low price of $1.55.
For Alector Inc (ALEC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.22. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.55 in the current quarter.
Alector Inc (NASDAQ:ALEC) trade information
Upright in the green during last session for gaining 0.54%, in the last five days ALEC remained trading in the green while hitting it’s week-highest on Friday, 02/21/25 when the stock touched $1.87 price level, adding 3.11% to its value on the day. Alector Inc’s shares saw a change of -1.06% in year-to-date performance and have moved 11.98% in past 5-day. Alector Inc (NASDAQ:ALEC) showed a performance of 5.06% in past 30-days.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 53.25% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -113.9% in reaching the projected high whereas dropping to the targeted low would mean a loss of -113.9% for stock’s current value.
Alector Inc (ALEC) estimates and forecasts
This year revenue growth is estimated to fall -32.36% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 21.31M for the same. Company posted 15.19M and 15.89M 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 -15.76% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -13.73% while estimates for its earnings growth in next 5 years are of 8.27%.
Alector Inc (NASDAQ:ALEC)’s Major holders
FMR LLC is the top institutional holder at ALEC for having 14.46 million shares of worth $65.64 million. And as of 2024-06-30, it was holding 14.9545 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 9.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.702 of outstanding shares, having a total worth of $41.32 million.
On the other hand, Fidelity Growth Company Fund and Fidelity Select Portfolios – Biotechnology are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 3.63 shares of worth $6.79 million or 3.71% of the total outstanding shares. The later fund manager was in possession of 3.54 shares on Dec 31, 2024 , making its stake of worth around $6.61 million in the company or a holder of 3.61% of company’s stock.
