A share price of Alector Inc [ALEC] is currently trading at $1.16, up 1.75%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ALEC shares have gain 19.17% over the last week, with a monthly amount drifted -12.78%, 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.
Alector Inc experienced fluctuations in its stock price throughout the past year between $0.87 and $6.78. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Alector Inc [NASDAQ: ALEC] shares were valued at $1.16 at the most recent close of the market. An investor can expect a potential return of 244.83% based on the average ALEC price forecast.
Analyzing the ALEC fundamentals
Trailing Twelve Months sales for Alector Inc [NASDAQ:ALEC] were 100.56M which represents 257.08% growth. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -1.44%, Pretax Profit Margin comes in at -1.18%, and Net Profit Margin reading is -1.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.83 and Total Capital is -0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 1.1233 points at the first support level, and at 1.0867 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1883, and for the 2nd resistance point, it is at 1.2167.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alector Inc [NASDAQ:ALEC] is 3.40. Also, the Quick Ratio is 3.40, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 0.91.
Transactions by insiders
Recent insider trading involved Kenkare-Mitra Sara, President and Head of R&D, that happened on Mar 03 ’25 when 29073.0 shares were sold. Chief Executive Officer, Rosenthal Arnon completed a deal on Mar 03 ’25 to sell 40330.0 shares. Meanwhile, Chief Financial Officer GRASSO MARC sold 18091.0 shares on Mar 03 ’25.
