Applied Therapeutics Inc (NASDAQ:APLT) has a beta value of 1.86 and has seen 1.1 million shares traded in the last trading session. The company, currently valued at $62.84M, closed the last trade at $0.54 per share which meant it gained $0.03 on the day or 5.45% during that session. The APLT stock price is -1866.67% off its 52-week high price of $10.62 and 20.37% above the 52-week low of $0.43.
The consensus among analysts is that Applied Therapeutics Inc (APLT) is Buy stock at the moment, with a recommendation rating of 2.40. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.18.
Applied Therapeutics Inc (NASDAQ:APLT) trade information
Sporting 5.45% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the APLT stock price touched $0.54 or saw a rise of 10.07%. Year-to-date, Applied Therapeutics Inc shares have moved -36.92%, while the 5-day performance has seen it change 12.05%. Over the past 30 days, the shares of Applied Therapeutics Inc (NASDAQ:APLT) have changed -11.47%.
Wall Street analysts have a consensus price target for the stock at $4.5, which means that the shares’ value could jump 88.0% from current levels. The projected low price target is $4.0 while the price target rests at a high of $5.0. In that case, then, we find that the current price level is -825.93% off the targeted high while a plunge would see the stock gain -640.74% from current levels.
Applied Therapeutics Inc (APLT) estimates and forecasts
The company’s shares have lost -90.52% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -94.47%.
3 analysts offering their estimates for the company have set an average revenue estimate of 100k for the current quarter. 3 have an estimated revenue figure of 12.32M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.72% over the past 5 years. Earnings growth for 2025 is a modest 6.97% while over the next 5 years, the company’s earnings are expected to increase by 32.27%.
APLT Dividends
Applied Therapeutics Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Applied Therapeutics Inc (NASDAQ:APLT)’s Major holders
The top two institutional holders are FRANKLIN RESOURCES INC with over 10.21 million shares worth more than $47.69 million. As of 2024-06-30, FRANKLIN RESOURCES INC held 70.7533% of shares outstanding.
The other major institutional holder is VR ADVISER, LLC, with the holding of over 9.54 million shares as of 2024-06-30. The firm’s total holdings are worth over $44.57 million and represent 66.1112% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Price (T.Rowe) Small-Cap Value Fund . As of Dec 31, 2024 , the former fund manager holds about 2.67% shares in the company for having 3.1 shares of worth $1.68 million while later fund manager owns 3.04 shares of worth $1.64 million as of Dec 31, 2024 , which makes it owner of about 2.61% of company’s outstanding stock.