Allakos Inc (NASDAQ:ALLK) has a beta value of 0.22 and has seen 8.94 million shares traded in the recent trading session. The company, currently valued at $28.76M, closed the recent trade at $0.32 per share which meant it gained $0.1 on the day or 46.94% during that session. The ALLK stock price is -384.38% off its 52-week high price of $1.55 and 31.25% above the 52-week low of $0.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.79 million shares traded. The 3-month trading volume is 2.40 million shares.
The consensus among analysts is that Allakos Inc (ALLK) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 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 -0.3.
Allakos Inc (NASDAQ:ALLK) trade information
Sporting 46.94% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ALLK stock price touched $0.32 or saw a fall of -0.41%. Year-to-date, Allakos Inc shares have moved -73.65%, while the 5-day performance has seen it change 38.15%. Over the past 30 days, the shares of Allakos Inc (NASDAQ:ALLK) have changed 23.30%. Short interest in the company has seen 1.67 million shares shorted with days to cover at 1.81.
Wall Street analysts have a consensus price target for the stock at $109.5, which means that the shares’ value could jump 99.71% from the levels at last check today. The projected low price target is $1.0 while the price target rests at a high of $218.0. In that case, then, we find that the latest price level in today’s session is -68025.0% off the targeted high while a plunge would see the stock gain -212.5% from the levels at last check today.
Allakos Inc (ALLK) estimates and forecasts
The company’s shares have lost -51.19% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
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 7.14% over the past 5 years. Earnings growth for 2025 is a modest 55.44% while over the next 5 years, the company’s earnings are expected to increase by 51.30%.
ALLK Dividends
Allakos Inc is expected to release its next earnings report on 2025-Mar-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Allakos Inc (NASDAQ:ALLK)’s Major holders
Insiders own 2.05% of the company shares, while shares held by institutions stand at 91.64% with a share float percentage of 93.56%. Investors are also buoyed by the number of investors in a company, with Allakos Inc having a total of 89.0 institutions that hold shares in the company. The top two institutional holders are BVF INC/IL with over 16.55 million shares worth more than $16.55 million. As of 2024-06-30, BVF INC/IL held 18.8006% of shares outstanding.
The other major institutional holder is NEA MANAGEMENT COMPANY, LLC, with the holding of over 6.15 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.15 million and represent 6.9822% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.59% shares in the company for having 2.34 shares of worth $0.75 million while later fund manager owns 1.01 shares of worth $0.32 million as of Dec 31, 2024, which makes it owner of about 1.12% of company’s outstanding stock.
