In last trading session, Alector Inc (NASDAQ:ALEC) saw 0.82 million shares changing hands with its beta currently measuring 0.78. Company’s recent per share price level of $1.02 trading at -$0.07 or -6.42% at ring of the bell on the day assigns it a market valuation of $101.06M. That closing price of ALEC’s stock is at a discount of -564.71% from its 52-week high price of $6.78 and is indicating a discount of -6.86% from its 52-week low price of $1.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 648.87K if we extend that period to 3-months.
For Alector Inc (ALEC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.12. 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 -0.46 in the current quarter.
Alector Inc (NASDAQ:ALEC) trade information
Upright in the red during last session for losing -6.42%, in the last five days ALEC remained trading in the red while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $1.02 price level, adding 20.19% to its value on the day. Alector Inc’s shares saw a change of -46.03% in year-to-date performance and have moved -20.93% in past 5-day. Alector Inc (NASDAQ:ALEC) showed a performance of -35.44% in past 30-days. Number of shares sold short was 5.35 million shares which calculate 6.57 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 74.5% 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 -292.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -292.16% for stock’s current value.
Alector Inc (ALEC) estimates and forecasts
This year revenue growth is estimated to fall -85.95% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.25M for the same. And 2 analysts are in estimates of company making revenue of 4.25M in the next quarter. Company posted 15.89M and 15.08M 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 6.31% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -63.83% while estimates for its earnings growth in next 5 years are of 4.34%.
Alector Inc (NASDAQ:ALEC)’s Major holders
Insiders are in possession of 10.71% of company’s total shares while institution are holding 82.55 percent of that, with stock having share float percentage of 92.46%. Investors also watch the number of corporate investors in a company very closely, which is 82.55% institutions for Alector Inc that are currently holding shares of the company. 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 9.4145 of outstanding shares, having a total worth of $41.32 million.
On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and Fidelity Select Portfolios-Biotechnology Portfolio are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 3.62 shares of worth $3.69 million or 3.66% of the total outstanding shares. The later fund manager was in possession of 3.54 shares on Feb 28, 2025 , making its stake of worth around $3.61 million in the company or a holder of 3.57% of company’s stock.
