Market Highlights: Alector Inc (ALEC) Ends on a High Note at 1.22

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The price of Alector Inc (NASDAQ: ALEC) closed at $1.22 in the last session, up 1.67% from day before closing price of $1.20. In other words, the price has increased by $1.67 from its previous closing price. On the day, 1.61 million shares were traded. ALEC stock price reached its highest trading level at $1.225 during the session, while it also had its lowest trading level at $1.11.

Ratios:

We take a closer look at ALEC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.27.

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 the company, Mizuho on December 17, 2024, Downgraded its rating to Neutral and sets its target price to $2.50 from $9 previously.

On December 16, 2024, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.

BofA Securities Downgraded its Neutral to Underperform on December 04, 2024, whereas the target price for the stock was revised from $9 to $1.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 03 ’25 when Kenkare-Mitra Sara sold 29,073 shares for $1.47 per share. The transaction valued at 42,662 led to the insider holds 536,142 shares of the business.

Rosenthal Arnon sold 40,330 shares of ALEC for $59,176 on Mar 03 ’25. The Chief Executive Officer now owns 2,466,744 shares after completing the transaction at $1.47 per share. On Mar 03 ’25, another insider, GRASSO MARC, who serves as the Chief Financial Officer of the company, sold 18,091 shares for $1.47 each. As a result, the insider received 26,547 and left with 312,560 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, ALEC now has a Market Capitalization of 121990976 and an Enterprise Value of -249993216. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at -2.486 whereas that against EBITDA is 1.82.

Stock Price History:

The Beta on a monthly basis for ALEC is 0.76, which has changed by -0.77365494 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, ALEC has reached a high of $6.78, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is -5.94%, while the 200-Day Moving Average is calculated to be -62.84%.

Shares Statistics:

According to the various share statistics, ALEC traded on average about 717.12K shares per day over the past 3-months and 1071660 shares per day over the past 10 days. A total of 99.09M shares are outstanding, with a floating share count of 75.62M. Insiders hold about 24.37% of the company’s shares, while institutions hold 67.73% stake in the company. Shares short for ALEC as of 1744675200 were 5579363 with a Short Ratio of 7.78, compared to 1741910400 on 5346593. Therefore, it implies a Short% of Shares Outstanding of 5579363 and a Short% of Float of 7.969999999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Currently, 4.0 analysts are dedicated to thoroughly evaluating and rating the performance of Alector Inc (ALEC) in the stock market.The consensus estimate for the next quarter is -$0.48, with high estimates of -$0.41 and low estimates of -$0.55.

Analysts are recommending an EPS of between -$1.63 and -$2.16 for the fiscal current year, implying an average EPS of -$1.97. EPS for the following year is -$1.34, with 6.0 analysts recommending between -$0.08 and -$2.14.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $4.25M. It ranges from a high estimate of $6M to a low estimate of $2.5M. As of the current estimate, Alector Inc’s year-ago sales were $15.89MFor the next quarter, 2 analysts are estimating revenue of $4.25M. There is a high estimate of $6M for the next quarter, whereas the lowest estimate is $2.5M.

A total of 7 analysts have provided revenue estimates for ALEC’s current fiscal year. The highest revenue estimate was $24M, while the lowest revenue estimate was $9.38M, resulting in an average revenue estimate of $14.12M. In the same quarter a year ago, actual revenue was $100.56MBased on 7 analysts’ estimates, the company’s revenue will be $59.48M in the next fiscal year. The high estimate is $200.83M and the low estimate is $3.61M.

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