Altimmune Inc (NASDAQ: ALT) closed the day trading at $9.09 up 2.13% from the previous closing price of $8.90. In other words, the price has increased by $+0.19 from its previous closing price. On the day, 2934150 shares were traded.
Ratios:
For a better understanding of ALT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.25 and its Current Ratio is at 17.25. In the meantime, Its Debt-to-Equity ratio is 0.00 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:
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 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 644.44M and an Enterprise Value of 447.29M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1498.79 while its Price-to-Book (P/B) ratio in mrq is 3.31. Its current Enterprise Value per Revenue stands at 1.05k whereas that against EBITDA is -5.09.
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 9.89, while the 200-Day Moving Average is calculated to be 5.71.
Shares Statistics:
Over the past 3-months, ALT traded about 5.74M shares per day on average, while over the past 10 days, ALT traded about 4.41M shares per day. A total of 70.68M shares are outstanding, with a floating share count of 70.17M. Insiders hold about 1.02% of the company’s shares, while institutions hold 51.25% stake in the company. Shares short for ALT as of Mar 15, 2024 were 12.51M with a Short Ratio of 2.18, compared to 11.55M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 17.70% and a Short% of Float of 17.81%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of -$0.38 for the current quarter, with a high estimate of -$0.3 and a low estimate of -$0.45, while EPS last year was -$0.4. The consensus estimate for the next quarter is -$0.38, with high estimates of -$0.3 and low estimates of -$0.47.
Analysts are recommending an EPS of between $1.94 and -$1.94 for the fiscal current year, implying an average EPS of -$1. EPS for the following year is -$1.67, with 6 analysts recommending between -$1.14 and -$3.16.
