Alder BioPharmaceuticals, Inc. operates as a clinical-stage biopharmaceutical company. It discovers, develops, and commercializes therapeutic antibodies to transform the treatment paradigm for patients with migraine and other serious neurological or inflammatory conditions in the United States, Australia, and Ireland. The company's lead pivotal-stage product candidate, Eptinezumab, a monoclonal antibody inhibiting calcitonin gene-related peptide, which is in Phase III pivotal trials for the prevention of migraine. Its product candidate pipeline also includes ALD1910, a preclinical monoclonal antibody that targets pituitary adenylate cyclase-activating polypeptide-38; and Clazakizumab, that has completed two Phase 2b clinical trials designed to block the pro-inflammatory cytokine IL-6. Alder BioPharmaceuticals, Inc. was incorporated in 2002 and is headquartered in Bothell, Washington.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone425-205-2900
Debt
Current Ratio15.34
Quick Ratio15.34
Price-To-Earnings
Sales & Book Value
Annual Sales$1.62 million
Price / Sales491.39
Price / Cash FlowN/A
Price / Book2.83
Profitability
Net Income$-288,870,000.00
Net MarginsN/A
Return on Assets-55.60%
Miscellaneous
Employees193
OptionableOptionable
Alder Biopharmaceuticals (NASDAQ:ALDR) Frequently Asked Questions
What is Alder Biopharmaceuticals' stock symbol?
Alder Biopharmaceuticals trades on the NASDAQ under the ticker symbol "ALDR."
How were Alder Biopharmaceuticals' earnings last quarter?
Alder Biopharmaceuticals Inc (NASDAQ:ALDR) issued its quarterly earnings results on Monday, November, 5th. The biopharmaceutical company reported ($0.91) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($1.13) by $0.22. View Alder Biopharmaceuticals' Earnings History.
When is Alder Biopharmaceuticals' next earnings date?
What price target have analysts set for ALDR?
13 equities research analysts have issued 1-year target prices for Alder Biopharmaceuticals' shares. Their predictions range from $15.00 to $30.00. On average, they expect Alder Biopharmaceuticals' stock price to reach $22.0909 in the next year. This suggests a possible upside of 89.6% from the stock's current price. View Analyst Price Targets for Alder Biopharmaceuticals.
What is the consensus analysts' recommendation for Alder Biopharmaceuticals?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alder Biopharmaceuticals in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alder Biopharmaceuticals.
What are Wall Street analysts saying about Alder Biopharmaceuticals stock?
Here are some recent quotes from research analysts about Alder Biopharmaceuticals stock:
- 1. According to Zacks Investment Research, "Alder Biopharmaceuticals Inc. is a clinical-stage biopharmaceutical company. It discovers, develops and seeks to commercialize therapeutic antibodies. It is developing monoclonal antibodies comprising ALD403, for the prevention of migraine; and Clazakizumab, in the treatment of rheumatoid arthritis and psoriatic arthritis. Alder Biopharmaceuticals Inc. is headquartered in Bothell, Washington. " (1/14/2019)
- 2. Mizuho analysts commented, "We applied a weighted average valuation methodology to Alder using DCF and EV/Sales under assumptions of commercialization of Eptinezumab (ALD 403) US sales in 2Q 2020 and EU royalties in 2020. Our estimated 2028 FCF is $495 million and terminal value is 4.5x of 2028 estimated FCF. We layered a probability of clinical success of 90% in addition to a 17% discount rate to arrive at our $11 PT using DCF. For EV/Sales, we apply a 3.5 multiple (based on comps) to discounted 2024 sales to derive our $19 PT. Our weighted average valuation is $15 per share. Our base case scenario valuation assumes unadjusted peak sales of $1.1 bn for Eptinezumab in the U.S. in 2025. Our bull case scenario valuation assumes better than anticipated uptake of Eptinezumab with unadjusted peak sales of $1.3 bn in the U.S. in 2025 and a 4.0x terminal multiple, resulting in a $22 PT." (12/12/2018)
- 3. Cantor Fitzgerald analysts commented, ". We reiterate our Neutral rating and $21 PT for ALDR. Monday, AMC, Alder reported cash of $485M, and our model projects the balance sheet to fund operations well into 2020. Questions on the earnings call centered on the eptinezumab market opportunity and commercialization strategy as the fourth CGRP monoclonal to enter the space. We believe that epti’ is in a class all its own as the only IV form and has a differentiated clinical profile that makes it well-positioned to target the highest burden migraine market and a prescriber base that would prefer to use in-office infusion capabilities." (11/6/2018)
Has Alder Biopharmaceuticals been receiving favorable news coverage?
News stories about ALDR stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alder Biopharmaceuticals earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned news coverage about the biopharmaceutical company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.
Who are some of Alder Biopharmaceuticals' key competitors?
Some companies that are related to Alder Biopharmaceuticals include Blueprint Medicines (BPMC), HUTCHISON CHINA/S (HCM), Akcea Therapeutics (AKCA), Ligand Pharmaceuticals (LGND), ACADIA Pharmaceuticals (ACAD), Ultragenyx Pharmaceutical (RARE), Global Blood Therapeutics (GBT), Amicus Therapeutics (FOLD), Reata Pharmaceuticals (RETA), Endo International (ENDP), Mirati Therapeutics (MRTX), Opko Health (OPK), Arena Pharmaceuticals (ARNA), Heron Therapeutics (HRTX) and Endocyte (ECYT).
Who are Alder Biopharmaceuticals' key executives?
Alder Biopharmaceuticals' management team includes the folowing people:
- Dr. John A. Latham, Co-Founder & Chief Scientific Officer (Age 58)
- Mr. Larry K. Benedict, Principal Accounting Officer & Exec. VP (Age 57)
- Ms. Elisabeth A. Sandoval M.B.A., M.B.A, Chief Commercial Officer & Exec. VP of Corp. Strategy (Age 56)
- Dr. Jeffrey T. L. Smith, Managing Director of Alder Biopharmaceuticals Limited (Age 58)
- Mr. Robert W. Azelby, Pres, CEO & Director (Age 50)
How do I buy shares of Alder Biopharmaceuticals?
Shares of ALDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alder Biopharmaceuticals' stock price today?
One share of ALDR stock can currently be purchased for approximately $11.65.
How big of a company is Alder Biopharmaceuticals?
Alder Biopharmaceuticals has a market capitalization of $752.28 million and generates $1.62 million in revenue each year. The biopharmaceutical company earns $-288,870,000.00 in net income (profit) each year or ($4.95) on an earnings per share basis. Alder Biopharmaceuticals employs 193 workers across the globe.
What is Alder Biopharmaceuticals' official website?
How can I contact Alder Biopharmaceuticals?
Alder Biopharmaceuticals' mailing address is 11804 NORTH CREEK PARKWAY SOUTH, BOTHELL WA, 98011. The biopharmaceutical company can be reached via phone at 425-205-2900 or via email at [email protected]
MarketBeat Community Rating for Alder Biopharmaceuticals (NASDAQ ALDR)
MarketBeat's community ratings are surveys of what our community members think about Alder Biopharmaceuticals and other stocks. Vote "Outperform" if you believe ALDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
