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NASDAQ:CALT

Calliditas Therapeutics AB (publ) (CALT) Stock Price, News & Analysis

$39.49
-1.92 (-4.64%)
(As of 06/7/2024 ET)
Today's Range
$39.22
$40.00
50-Day Range
$17.55
$41.41
52-Week Range
$15.25
$41.90
Volume
20,026 shs
Average Volume
27,302 shs
Market Capitalization
$1.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$35.00

Calliditas Therapeutics AB (publ) MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.4% Downside
$35.00 Price Target
Short Interest
Healthy
0.03% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.27mentions of Calliditas Therapeutics AB (publ) in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.86) to $3.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.45 out of 5 stars

Medical Sector

854th out of 904 stocks

Pharmaceutical Preparations Industry

403rd out of 429 stocks

CALT stock logo

About Calliditas Therapeutics AB (publ) Stock (NASDAQ:CALT)

Calliditas Therapeutics AB (publ), a commercial-stage bio-pharmaceutical company, focused on identifying, developing, and commercializing novel treatments in orphan indications with an initial focus on renal and hepatic diseases with significant unmet medical needs in the United States, Europe, and Asia. It offers Nefecon (TARPEYO/Kinpeygo), an oral formulation of budesonide to reduce the loss of kidney function in adults with immunoglobulin A nephropathy. The company's lead compound is Setanaxib, a NOX inhibitor that is in Phase 2b clinical trial for the treatment of primary biliary cholangitis; and in Phase 2 clinical trial for the treatment of squamous cell carcinoma of the head and neck cancer and idiopathic pulmonary fibrosis, as well as for solid tumors and Alport Syndrome. Calliditas Therapeutics AB (publ) was incorporated in 2004 and is headquartered in Stockholm, Sweden.

CALT Stock Price History

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Company Calendar

Last Earnings
5/23/2024
Today
6/08/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CALT
Fax
N/A
Employees
217
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$35.00
High Stock Price Target
$40.00
Low Stock Price Target
$18.00
Potential Upside/Downside
-11.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-43,960,000.00
Pretax Margin
-37.97%

Debt

Sales & Book Value

Annual Sales
$113.78 million
Book Value
$1.06 per share

Miscellaneous

Free Float
29,135,000
Market Cap
$1.18 billion
Optionable
Optionable
Beta
1.78

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Key Executives

  • Ms. Renee Aguiar-Lucander (Age 62)
    Chief Executive Officer
    Comp: $11.72M
  • Mr. Fredrik Johansson (Age 47)
    Chief Financial Officer
  • Lars Stubberud (Age 60)
    Head of Technical Operations
  • Ms. Asa Hillsten (Age 49)
    Head of IR & Sustainability
  • Mr. Brian Gorman (Age 48)
    Group General Counsel
  • Ms. Sandra Frithiof (Age 49)
    Head of Human Resources
  • Ms. Ann-Kristin Myde BSc (Age 69)
    Head of Clinical Development & VP of Project Management
  • Dr. Richard S. Philipson M.D. (Age 60)
    Chief Medical Officer
  • Ms. Teona Johnson
    Head of US Marketing
  • Mr. David Ferraro
    Head of US Sales

CALT Stock Analysis - Frequently Asked Questions

Should I buy or sell Calliditas Therapeutics AB (publ) stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calliditas Therapeutics AB (publ) in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CALT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CALT, but not buy additional shares or sell existing shares.
View CALT analyst ratings
or view top-rated stocks.

What is Calliditas Therapeutics AB (publ)'s stock price target for 2024?

6 Wall Street analysts have issued 12-month price objectives for Calliditas Therapeutics AB (publ)'s shares. Their CALT share price targets range from $18.00 to $40.00. On average, they predict the company's stock price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 11.4%.
View analysts price targets for CALT
or view top-rated stocks among Wall Street analysts.

How have CALT shares performed in 2024?

Calliditas Therapeutics AB (publ)'s stock was trading at $25.74 on January 1st, 2024. Since then, CALT shares have increased by 53.4% and is now trading at $39.49.
View the best growth stocks for 2024 here
.

Are investors shorting Calliditas Therapeutics AB (publ)?

Calliditas Therapeutics AB (publ) saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 9,800 shares, an increase of 12.6% from the April 30th total of 8,700 shares. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 1.8 days.
View Calliditas Therapeutics AB (publ)'s Short Interest
.

When is Calliditas Therapeutics AB (publ)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our CALT earnings forecast
.

How were Calliditas Therapeutics AB (publ)'s earnings last quarter?

Calliditas Therapeutics AB (publ) (NASDAQ:CALT) posted its earnings results on Thursday, May, 23rd. The company reported ($0.88) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.74. The business earned $28.43 million during the quarter, compared to analyst estimates of $35.78 million. Calliditas Therapeutics AB (publ) had a negative trailing twelve-month return on equity of 160.87% and a negative net margin of 40.19%.

What other stocks do shareholders of Calliditas Therapeutics AB (publ) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calliditas Therapeutics AB (publ) investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Chimerix (CMRX), CTI BioPharma (CTIC), DRDGOLD (DRD), Forte Biosciences (FBRX).

When did Calliditas Therapeutics AB (publ) IPO?

Calliditas Therapeutics AB (publ) (CALT) raised $179 million in an IPO on Friday, June 5th 2020. The company issued 9,200,000 shares at $19.50 per share. Citigroup, Jefferies and Stifel acted as the underwriters for the IPO and Carnegie was co-manager.

Who are Calliditas Therapeutics AB (publ)'s major shareholders?

Calliditas Therapeutics AB (publ)'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Calliditas Therapeutics AB (publ)?

Shares of CALT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CALT) was last updated on 6/8/2024 by MarketBeat.com Staff

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