Alector Inc [ALEC] stock prices are up 7.60% to $1.84 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALEC shares have gain 12.20% over the last week, with a monthly amount drifted -10.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alector Inc [NASDAQ: ALEC] stock has seen the most recent analyst activity on December 17, 2024, when Mizuho downgraded its rating to a Neutral and also revised its price target to $2.50 from $9. Previously, Stifel downgraded its rating to Hold on December 16, 2024, and kept the price target unchanged to $4. On December 04, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $1 on the stock. H.C. Wainwright reiterated its Buy rating and decreased its price target to $7 on November 29, 2024. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $3 on November 26, 2024. Stifel upgraded its rating to Buy for this stock on December 14, 2023, and upped its price target to $15. In a note dated December 12, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $12 on this stock.
The stock price of Alector Inc [ALEC] has been fluctuating between $1.59 and $7.58 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Alector Inc [NASDAQ: ALEC] shares were valued at $1.84 at the most recent close of the market. An investor can expect a potential return of 117.39% based on the average ALEC price forecast.
Analyzing the ALEC fundamentals
The Alector Inc [NASDAQ:ALEC] reported sales of 61.51M for trailing twelve months, representing a surge of 68.43%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -3.01%, Pretax Profit Margin comes in at -2.55%, and Net Profit Margin reading is -2.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is -1.09 and Total Capital is -0.5. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7600 points at the first support level, and at 1.6800 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8850, and for the 2nd resistance point, it is at 1.9300.
Ratios To Look Out For
It’s worth pointing out that Alector Inc [NASDAQ:ALEC]’s Current Ratio is 3.29. As well, the Quick Ratio is 3.29, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 1.52.
Transactions by insiders
Recent insider trading involved GRASSO MARC, Chief Financial Officer, that happened on Dec 02 ’24 when 16489.0 shares were sold. Chief Executive Officer, Rosenthal Arnon completed a deal on Dec 02 ’24 to sell 52172.0 shares. Meanwhile, President and Head of R&D Kenkare-Mitra Sara sold 26500.0 shares on Dec 02 ’24.
