NASDAQ:ALEC Alector (ALEC) Stock Price, News & Analysis → The world’s greatest investment (From Porter & Company) (Ad) Free ALEC Stock Alerts $6.00 -0.12 (-1.96%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$5.82▼$6.1850-Day Range$5.69▼$8.0852-Week Range$3.66▼$9.06Volume705,903 shsAverage Volume742,096 shsMarket Capitalization$574.50 millionP/E RatioN/ADividend YieldN/APrice Target$14.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Alector alerts: Email Address Alector MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside141.7% Upside$14.50 Price TargetShort InterestBearish7.73% of Float Sold ShortDividend StrengthN/ASustainability-0.92Upright™ Environmental ScoreNews Sentiment0.98Based on 5 Articles This WeekInsider TradingSelling Shares$211,434 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.84) to ($1.63) Per ShareSee Full Details Hide Full Details 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.4.20 out of 5 starsMedical Sector175th out of 947 stocksBiological Products, Except Diagnostic Industry18th out of 159 stocks 3.3 Analyst's Opinion Consensus RatingAlector has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 5 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.50, Alector has a forecasted upside of 141.7% from its current price of $6.00.Amount of Analyst CoverageAlector has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.73% of the float of Alector has been sold short.Short Interest Ratio / Days to CoverAlector has a short interest ratio ("days to cover") of 7.6.Change versus previous monthShort interest in Alector has recently increased by 3.06%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAlector does not currently pay a dividend.Dividend GrowthAlector does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlector has received a 70.25% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Clinical research services for diseases with neurocognitive impairment" and "Preclinical research services for physical health" products. See details.Environmental SustainabilityThe Environmental Impact score for Alector is -0.92. Previous Next 3.3 News and Social Media Coverage News SentimentAlector has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Alector this week, compared to 2 articles on an average week.MarketBeat Follows8 people have added Alector to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alector insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $211,434.00 in company stock.Percentage Held by Insiders14.00% of the stock of Alector is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions69.71% of the stock of Alector is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alector are expected to grow in the coming year, from ($1.84) to ($1.63) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alector is -3.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alector is -3.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlector has a P/B Ratio of 4.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Alector Stock (NASDAQ:ALEC)Alector, Inc., a clinical stage biopharmaceutical company, develops therapies for the treatment of neurodegeneration diseases. Its products include AL001, an immune activity in the brain with genetic links to multiple neurodegenerative disorders, which is in Phase III clinical trial for the treatment of frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis diseases; and AL101 that is in Phase I clinical trial for the treatment of neurodegenerative diseases, including Alzheimer's and Parkinson's diseases. The company also offers AL002, a product candidate that is in Phase II clinical trial for the treatment of Alzheimer's disease; and AL003, which is in Phase I clinical trial for the treatment of Alzheimer's disease. Its pipeline products include AL044 that targets MS4A4A, a risk gene for Alzheimer's disease. Alector, Inc. has a collaboration agreement with Adimab, LLC for the research and development of antibodies; and a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of monoclonal antibodies, such as AL001, AL002, and AL101 to treat neurodegenerative diseases. Alector, Inc. was founded in 2013 and is headquartered in South San Francisco, California.Read More ALEC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALEC Stock News HeadlinesMarch 17, 2024 | finance.yahoo.comALEC Jan 2025 7.500 callMarch 16, 2024 | finance.yahoo.comALEC Oct 2024 7.500 putMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 7, 2024 | markets.businessinsider.comAlector’s Clinical Progress and Financial Health Anchor Buy RecommendationMarch 1, 2024 | finance.yahoo.comThe Alector, Inc. (NASDAQ:ALEC) Full-Year Results Are Out And Analysts Have Published New ForecastsFebruary 28, 2024 | markets.businessinsider.comAlector: Cautious Hold Rating Ahead of Key Clinical Trial Milestones and Financial AssessmentFebruary 28, 2024 | markets.businessinsider.comOptimistic Buy Rating for Alector’s AL002 Based on Promising Alzheimer’s Disease Trial Biomarkers and TREM2 Signaling EfficacyFebruary 28, 2024 | finance.yahoo.comAlector, Inc. (NASDAQ:ALEC) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.February 28, 2024 | globenewswire.comAlector to Participate in Upcoming Healthcare ConferencesFebruary 28, 2024 | markets.businessinsider.comTD Cowen Sticks to Their Buy Rating for Alector (ALEC)February 27, 2024 | benzinga.comRecap: Alector Q4 EarningsFebruary 27, 2024 | finance.yahoo.comAlector Inc (ALEC) Reports Fourth Quarter and Full Year 2023 Financial ResultsFebruary 27, 2024 | globenewswire.comAlector Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business UpdateFebruary 26, 2024 | benzinga.comEarnings Outlook For AlectorFebruary 26, 2024 | markets.businessinsider.comHere's what to expect from Alector's earningsFebruary 20, 2024 | finance.yahoo.comAlector to Host Fourth Quarter and Full-Year 2023 Earnings CallFebruary 20, 2024 | globenewswire.comAlector to Host Fourth Quarter and Full-Year 2023 Earnings CallFebruary 20, 2024 | finance.yahoo.comEarnings Preview: Alector (ALEC) Q4 Earnings Expected to DeclineFebruary 17, 2024 | finance.yahoo.comALEC Mar 2024 7.500 callFebruary 13, 2024 | markets.businessinsider.comAlector’s Promising Pipeline and Market Potential Affirm Buy RatingFebruary 9, 2024 | uk.finance.yahoo.comGSK Feb 2024 42.000 putFebruary 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Alector (ALEC), Viking Therapeutics (VKTX) and Zimmer Biomet Holdings (ZBH)February 8, 2024 | nasdaq.comStrength Seen in Alector (ALEC): Can Its 6.0% Jump Turn into More Strength?February 6, 2024 | msn.com'Sachin Tendulkar, Virat Kohli have dealt with it...': Alastair Cook's sizzling take on Shubman Gill after 104 vs ENGJanuary 20, 2024 | msn.comAlector Inc Announces $75 Million Stock Offering DealJanuary 17, 2024 | seekingalpha.comAlector: Q4 2024 Data Release Could Provide Major Shift For ValuationSee More Headlines Receive ALEC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alector and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/04/2021Today3/18/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:ALEC CUSIPN/A CIK1653087 Webwww.alector.com Phone(415) 231-5660FaxN/AEmployees246Year Founded2013Price Target and Rating Average Stock Price Target$14.50 High Stock Price Target$41.00 Low Stock Price Target$4.00 Potential Upside/Downside+141.7%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-130,390,000.00 Net Margins-134.34% Pretax Margin-128.97% Return on Equity-77.15% Return on Assets-18.96% Debt Debt-to-Equity RatioN/A Current Ratio3.18 Quick Ratio3.18 Sales & Book Value Annual Sales$97.06 million Price / Sales5.92 Cash FlowN/A Price / Cash FlowN/A Book Value$1.41 per share Price / Book4.26Miscellaneous Outstanding Shares95,750,000Free Float82,344,000Market Cap$574.50 million OptionableOptionable Beta0.81 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesDr. Arnon Rosenthal Ph.D. (Age 68)Co-Founder, CEO & Director Comp: $1.02MDr. Sara Kenkare-Mitra Ph.D. (Age 56)President and Head of Research & Development Comp: $1.19MDr. Marc Grasso M.D. (Age 51)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $738.05kDr. Gary Romano M.D. (Age 62)Ph.D., Chief Medical Officer Comp: $602.98kMr. Peter Heutink Ph.D.Chief Scientific OfficerKatie HoganSenior Director of Corporate Communication & Investor RelationsMs. Danielle Pasqualone J.D.Ph.D., General CounselMs. Clare Hunt M.B.A.Chief People OfficerMs. Kristina Cutter M.P.H.Chief Regulatory, Pharmacovigilance, & Quality Assurance OfficerMs. Virginia DeJesus-Rueff M.B.A.Chief of Staff & Head of StrategyMore ExecutivesKey CompetitorsNantKwestNASDAQ:NKReplimune GroupNASDAQ:REPLAdaptive BiotechnologiesNASDAQ:ADPTValnevaNASDAQ:VALNVoyager TherapeuticsNASDAQ:VYGRView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 1,134,367 shares on 3/11/2024Ownership: 4.581%Arnon RosenthalSold 18,837 sharesTotal: $130,352.04 ($6.92/share)Gary RomanoSold 6,001 sharesTotal: $41,526.92 ($6.92/share)Marc GrassoSold 5,716 sharesTotal: $39,554.72 ($6.92/share)Goldman Sachs Group Inc.Bought 37,674 shares on 3/1/2024Ownership: 0.299%View All Insider TransactionsView All Institutional Transactions ALEC Stock Analysis - Frequently Asked Questions Should I buy or sell Alector stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alector in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALEC shares. View ALEC analyst ratings or view top-rated stocks. What is Alector's stock price target for 2024? 7 brokerages have issued 1-year price targets for Alector's stock. Their ALEC share price targets range from $4.00 to $41.00. On average, they expect the company's share price to reach $14.50 in the next year. This suggests a possible upside of 141.7% from the stock's current price. View analysts price targets for ALEC or view top-rated stocks among Wall Street analysts. How have ALEC shares performed in 2024? Alector's stock was trading at $7.98 on January 1st, 2024. Since then, ALEC shares have decreased by 24.8% and is now trading at $6.00. View the best growth stocks for 2024 here. When is Alector's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our ALEC earnings forecast. How were Alector's earnings last quarter? Alector, Inc. (NASDAQ:ALEC) announced its earnings results on Thursday, November, 4th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of ($0.46) by $1.95. The business had revenue of $182.41 million for the quarter, compared to analyst estimates of $407.41 million. Alector had a negative trailing twelve-month return on equity of 77.15% and a negative net margin of 134.34%. What ETF holds Alector's stock? iShares Neuroscience and Healthcare ETF holds 7,557 shares of ALEC stock, representing 1.22% of its portfolio. What guidance has Alector issued on next quarter's earnings? Alector issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $60.0 million-$70.0 million, compared to the consensus revenue estimate of $100.9 million. What is Arnon Rosenthal's approval rating as Alector's CEO? 4 employees have rated Alector Chief Executive Officer Arnon Rosenthal on Glassdoor.com. Arnon Rosenthal has an approval rating of 100% among the company's employees. This puts Arnon Rosenthal in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Alector own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alector investors own include Editas Medicine (EDIT), NVIDIA (NVDA), Pfizer (PFE), Advanced Micro Devices (AMD), Gossamer Bio (GOSS), Kaleido Biosciences (KLDO), QUALCOMM (QCOM), Intel (INTC), Micron Technology (MU) and Cisco Systems (CSCO). When did Alector IPO? (ALEC) raised $177 million in an initial public offering (IPO) on Thursday, February 7th 2019. The company issued 9,300,000 shares at $18.00-$20.00 per share. Morgan Stanley, BofA Merrill Lynch, Cowen and Barclays acted as the underwriters for the IPO. Who are Alector's major shareholders? Alector's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.62%), Vanguard Group Inc. (4.58%), Braidwell LP (3.50%), Price T Rowe Associates Inc. MD (1.26%), Price T Rowe Associates Inc. MD (1.26%) and Dimensional Fund Advisors LP (0.80%). Insiders that own company stock include Arnon Rosenthal, Calvin Yu, Gary Romano, Marc Grasso, Polaris Venture Management Co, Richard H Scheller, Robert King, Robert Paul, Sara Kenkare-Mitra and Shehnaaz Suliman. View institutional ownership trends. How do I buy shares of Alector? Shares of ALEC 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. Does Alector have any subsidiaries? The following companies are subsidiares of Alector: Alector LLC.Read More This page (NASDAQ:ALEC) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportThe world’s greatest investmentPorter & CompanyMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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