As of close of business last night, Altimmune Inc’s stock clocked out at $9.08, down -0.33% from its previous closing price of $9.11. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 1704866 shares were traded. ALT stock price reached its highest trading level at $9.33 during the session, while it also had its lowest trading level at $8.90.
Ratios:
To gain a deeper understanding of ALT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.89 and its Current Ratio is at 12.89. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on January 24, 2024, initiated with a Neutral rating and assigned the stock a target price of $13.
On March 22, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $20 to $6.
On December 01, 2022, Goldman started tracking the stock assigning a Buy rating and target price of $20.Goldman initiated its Buy rating on December 01, 2022, with a $20 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 15 ’23 when Drutz David bought 300 shares for $2.88 per share. The transaction valued at 862 led to the insider holds 29,785 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALT now has a Market Capitalization of 487.32M and an Enterprise Value of 347.33M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1742.39 while its Price-to-Book (P/B) ratio in mrq is 3.19. Its current Enterprise Value per Revenue stands at 1.24k whereas that against EBITDA is -4.42.
Stock Price History:
Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 10.13, while the 200-Day Moving Average is calculated to be 5.47.
Shares Statistics:
It appears that ALT traded 6.78M shares on average per day over the past three months and 4.38M shares per day over the past ten days. A total of 53.73M shares are outstanding, with a floating share count of 53.18M. Insiders hold about 1.02% of the company’s shares, while institutions hold 67.61% stake in the company. Shares short for ALT as of Feb 29, 2024 were 10.81M with a Short Ratio of 1.59, compared to 10.01M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 20.13% and a Short% of Float of 20.29%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.43 for the current quarter, with a high estimate of -$0.28 and a low estimate of -$0.58, while EPS last year was -$0.43. The consensus estimate for the next quarter is -$0.42, with high estimates of -$0.29 and low estimates of -$0.47.
Analysts are recommending an EPS of between -$1.26 and -$1.57 for the fiscal current year, implying an average EPS of -$1.47. EPS for the following year is -$1.68, with 8 analysts recommending between -$0.86 and -$2.44.
