In the last trading session, 1.5 million Altimmune Inc (NASDAQ:ALT) shares changed hands as the company’s beta touched 0.59. With the company’s per share price at $5.50 changed hands at -$0.08 or -1.43% during last session, the market valuation stood at $446.09M. ALT’s last price was a discount, traded about -102.91% off its 52-week high of $11.16. The share price had its 52-week low at $3.55, which suggests the last value was 35.45% up since then.
Analysts gave the Altimmune Inc (ALT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ALT as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Altimmune Inc (NASDAQ:ALT) trade information
Instantly ALT was in red as seen at the end of in last trading. With action -8.49%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -23.72%, with the 5-day performance at -8.49% in the red. However, in the 30-day time frame, Altimmune Inc (NASDAQ:ALT) is 20.88% up.
The consensus price target for the stock as assigned by Wall Street analysts is 25, meaning bulls need an upside of 78.0% from its current market value. According to analyst projections, ALT’s forecast low is 12 with 35 as the target high. To hit the forecast high, the stock’s price needs a -536.36% plunge from its current level, while the stock would need to soar -118.18% for it to hit the projected low.
Altimmune Inc (ALT) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.48%. The 2025 estimates are for Altimmune Inc earnings to increase by 8.61%, but the outlook for the next 5-year period is at 3.50% per year.
Altimmune Inc (NASDAQ:ALT)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.9181% or 4.91 million shares worth $32.63 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 2.24 shares estimated at $12.3 million under it, the former controlled 2.76% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.36% of the shares, roughly 1.91 shares worth around $10.53 million.
