Alvotech [ALVO] stock prices are up 10.21% to $11.33 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ALVO shares have gain 12.51% over the last week, with a monthly amount glided 42.70%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alvotech [NASDAQ: ALVO] stock has seen the most recent analyst activity on February 14, 2025, when UBS initiated its Buy rating and assigned the stock a price target of $18. Previously, Barclays upgraded its rating to Overweight on January 29, 2024, and elevated its price target to $17. On October 20, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $10 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $10 on September 21, 2023. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $10 as its price target on September 07, 2022. Citigroup downgraded its rating to Sell for this stock on September 06, 2022, and downed its price target to $5. In a note dated July 26, 2022, Citigroup initiated an Buy rating and provided a target price of $12 on this stock.
The stock price of Alvotech [ALVO] has been fluctuating between $7.35 and $14.65 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Alvotech [NASDAQ: ALVO] shares were valued at $11.33 at the most recent close of the market. An investor can expect a potential return of 41.22% based on the average ALVO price forecast.
Analyzing the ALVO fundamentals
The Alvotech [NASDAQ:ALVO] reported sales of 562.74M for trailing twelve months, representing a surge of 784.21%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is -0.23 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.06.
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 10.90 points at the first support level, and at 10.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.67, and for the 2nd resistance point, it is at 12.00.
Ratios To Look Out For
It’s worth pointing out that Alvotech [NASDAQ:ALVO]’s Current Ratio is 1.73. Further, the Quick Ratio stands at 1.19, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 6.08 and price to earnings (TTM) ratio is 33.60.
