Allogene Therapeutics Inc (ALLO) stock: next quarter consensus estimate of -$0.4

Allogene Therapeutics Inc (NASDAQ: ALLO) closed the day trading at $4.47 up 0.22% from the previous closing price of $4.46. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 1377213 shares were traded. ALLO stock price reached its highest trading level at $4.5750 during the session, while it also had its lowest trading level at $4.4100.

Ratios:

For a better understanding of ALLO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.58 and its Current Ratio is at 12.58. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.

On December 08, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $7.Citigroup initiated its Buy rating on December 08, 2023, with a $7 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 30 ’24 when Parker Geoffrey M. bought 190 shares for $3.60 per share. The transaction valued at 683 led to the insider holds 819,590 shares of the business.

MESSEMER DEBORAH M. sold 18,640 shares of ALLO for $50,317 on Dec 18 ’23. The Director now owns 62,456 shares after completing the transaction at $2.70 per share. On Aug 07 ’23, another insider, Mayo Stephen, who serves as the Director of the company, sold 10,000 shares for $4.29 each. As a result, the insider received 42,855 and left with 25,328 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLO now has a Market Capitalization of 755.84M and an Enterprise Value of 402.27M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4723.95 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 4.23k whereas that against EBITDA is -1.34.

Stock Price History:

Over the past 52 weeks, ALLO has reached a high of $6.89, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is 4.3842, while the 200-Day Moving Average is calculated to be 3.8614.

Shares Statistics:

Over the past 3-months, ALLO traded about 2.79M shares per day on average, while over the past 10 days, ALLO traded about 2.96M shares per day. A total of 144.44M shares are outstanding, with a floating share count of 104.41M. Insiders hold about 38.25% of the company’s shares, while institutions hold 60.83% stake in the company. Shares short for ALLO as of Mar 15, 2024 were 27.75M with a Short Ratio of 9.93, compared to 23.45M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.41% and a Short% of Float of 24.11%.

Earnings Estimates

Current recommendations for the stock of the company come from 14 analysts. On average, analysts expect EPS of -$0.41 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.64, while EPS last year was -$0.68. The consensus estimate for the next quarter is -$0.4, with high estimates of -$0.23 and low estimates of -$0.54.

Analysts are recommending an EPS of between -$0.91 and -$2.1 for the fiscal current year, implying an average EPS of -$1.66. EPS for the following year is -$1.54, with 13 analysts recommending between -$0.24 and -$2.2.

Most Popular

[the_ad id="945"]