Applied Therapeutics Inc (NASDAQ: APLT)’s Stock Is Up 29.27%, A Prediction For What Could Come Next

During the last session, Applied Therapeutics Inc (NASDAQ:APLT)’s traded shares were 1.33 million, with the beta value of the company hitting 1.95. At the end of the trading day, the stock’s price was $0.41, reflecting an intraday loss of -2.45% or -$0.01. The 52-week high for the APLT share is $10.62, that puts it down -2490.24 from that peak though still a striking 29.27% gain since the share price plummeted to a 52-week low of $0.29. The company’s market capitalization is $58.00M, and the average trade volume was 2.25 million shares over the past three months.

Applied Therapeutics Inc (APLT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. APLT has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

Applied Therapeutics Inc (NASDAQ:APLT) trade information

Applied Therapeutics Inc (APLT) registered a -2.45% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.45% in intraday trading to $0.41, hitting a weekly high. The stock’s 5-day price performance is -1.18%, and it has moved by 18.55% in 30 days. Based on these gigs, the overall price performance for the year is -91.46%.

The consensus price target of analysts on Wall Street is $4.5, which implies an increase of 90.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $5 respectively. As a result, APLT is trading at a discount of -1119.51% off the target high and -875.61% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26.57%. While earnings are projected to return 9.39% in 2025, the next five years will return 25.05% per annum.

APLT Dividends

Applied Therapeutics Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 9.54 million shares, is of VR ADVISER, LLC’s that is approximately 66.1112% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $44.57 million.

Also, the Mutual Funds coming in first place with the largest holdings of Applied Therapeutics Inc (APLT) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and T. Rowe Price Small-Cap Value Fund, Inc. . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 3.1 shares. This amounts to just over 2.19 percent of the company’s overall shares, with a $1.27 million market value. The same data shows that the other fund manager holds slightly less at 3.04, or about 2.15% of the stock, which is worth about $1.25 million.