Positive News SentimentPositive NewsNASDAQ:ALEC Alector (ALEC) Stock Forecast, Price & News $7.12 +0.29 (+4.25%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$6.80▼$7.1350-Day Range$6.02▼$7.9352-Week Range$5.76▼$13.50Volume528,586 shsAverage Volume444,262 shsMarket Capitalization$593.45 millionP/E RatioN/ADividend YieldN/APrice Target$16.43 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Alector MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside130.7% Upside$16.43 Price TargetShort InterestBearish10.32% of Float Sold ShortDividend StrengthN/ASustainability-0.92Upright™ Environmental ScoreNews Sentiment1.06Based on 2 Articles This WeekInsider TradingSelling Shares$94,457 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($3.06) to ($2.89) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.19 out of 5 starsMedical Sector335th out of 983 stocksBiological Products, Except Diagnostic Industry51st out of 164 stocks 3.3 Analyst's Opinion Consensus RatingAlector has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.43, Alector has a forecasted upside of 130.7% from its current price of $7.12.Amount of Analyst CoverageAlector has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.32% of the float of Alector has been sold short.Short Interest Ratio / Days to CoverAlector has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.Change versus previous monthShort interest in Alector has recently increased by 7.67%, indicating that investor sentiment is decreasing significantly. 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 2.8 News and Social Media Coverage News SentimentAlector has a news sentiment score of 1.06. 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 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Alector this week, compared to 2 articles on an average week.MarketBeat Follows4 people have added Alector to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $94,457.00 in company stock.Percentage Held by Insiders12.89% 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 Institutions64.96% 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 ($3.06) to ($2.89) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alector is -4.40, 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 -4.40, 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 3.24. 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 About Alector (NASDAQ:ALEC) StockAlector, Inc. operates as a clinical-stage biopharmaceutical company, which engages in pioneering of immuno-neurology. It develops portfolio of innate immune system programs, designed to functionally repair genetic mutations and enable the rejuvenated immune cells to counteract emerging brain pathologies. Its treatment targets immune dysfunction as a root cause of multiple pathologies that are drivers of degenerative brain disorders. The company was founded by Asa Abeliovich, Errik B. Anderson, Tillman U. Gerngross, and Arnon Rosenthal in May 2013 and is headquartered in South San Francisco, CA.Read More 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 ALEC Stock News HeadlinesMay 31, 2023 | americanbankingnews.comAlector, Inc. (NASDAQ:ALEC) Short Interest UpdateMay 27, 2023 | americanbankingnews.comBrokerages Set Alector, Inc. (NASDAQ:ALEC) Price Target at $15.13June 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 18, 2023 | seekingalpha.comAlector (ALEC) Investor Presentation - SlideshowMay 10, 2023 | americanbankingnews.comHead-To-Head Review: Alector (NASDAQ:ALEC) versus Black Diamond Therapeutics (NASDAQ:BDTX)May 5, 2023 | finance.yahoo.comBenign Growth For Alector, Inc. (NASDAQ:ALEC) Underpins Its Share PriceMay 5, 2023 | americanbankingnews.comAlector (NASDAQ:ALEC) PT Lowered to $12.00 at BarclaysMay 4, 2023 | americanbankingnews.comBrokerages Set Alector, Inc. (NASDAQ:ALEC) Target Price at $15.38June 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 2, 2023 | finance.yahoo.comAlector to Participate in the BofA Securities 2023 Healthcare ConferenceApril 13, 2023 | finance.yahoo.comShareholders in Alector (NASDAQ:ALEC) are in the red if they invested three years agoApril 7, 2023 | americanbankingnews.comAnalysts Set Alector, Inc. (NASDAQ:ALEC) Price Target at $15.38April 2, 2023 | americanbankingnews.comContrasting Alector (NASDAQ:ALEC) & Quince Therapeutics (NASDAQ:QNCX)April 1, 2023 | americanbankingnews.comAlector (NASDAQ:ALEC) Stock Price Down 3.5%March 23, 2023 | americanbankingnews.comAlector (NASDAQ:ALEC) Shares Down 4.7% After Insider SellingMarch 23, 2023 | americanbankingnews.comArnon Rosenthal Sells 15,186 Shares of Alector, Inc. (NASDAQ:ALEC) StockFebruary 28, 2023 | finance.yahoo.comAlector Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Corporate UpdateFebruary 17, 2023 | finance.yahoo.comAlector, Inc. (NASDAQ:ALEC) is a favorite amongst institutional investors who own 64%February 16, 2023 | finance.yahoo.comAlector (ALEC) Expected to Beat Earnings Estimates: Should You Buy?January 28, 2023 | finance.yahoo.comAlector, Inc. (ALEC) Stock Historical Prices & Data - Yahoo FinanceDecember 21, 2022 | finance.yahoo.comWe're Not Very Worried About Alector's (NASDAQ:ALEC) Cash Burn RateDecember 11, 2022 | marketwatch.comOnline Medical Market New Innovations and Future Expansion 2023-2028 with Top Countries DataNovember 10, 2022 | finance.yahoo.comAlector Third Quarter 2022 Earnings: Misses ExpectationsNovember 4, 2022 | finance.yahoo.comAlector (NASDAQ:ALEC) investors are sitting on a loss of 65% if they invested a year agoOctober 13, 2022 | globenewswire.comAlector Announces Promotion of Clare Hunt to Chief People Officer - GlobeNewswireOctober 13, 2022 | finance.yahoo.comAlector Announces Promotion of Clare Hunt to Chief People OfficerOctober 10, 2022 | reuters.comALEC.O - Alector Inc | Stock Price & Latest News | ReutersSee More Headlines ALEC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALEC Company Calendar Last Earnings5/04/2023Today6/04/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:ALEC CUSIPN/A CIK1653087 Webwww.alector.com Phone(415) 231-5660FaxN/AEmployees208Year Founded2013Price Target and Rating Average Stock Price Forecast$16.43 High Stock Price Forecast$41.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+130.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.62) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-133,310,000.00 Net Margins-107.05% Pretax Margin-104.35% Return on Equity-57.31% Return on Assets-16.50% Debt Debt-to-Equity RatioN/A Current Ratio6.91 Quick Ratio6.91 Sales & Book Value Annual Sales$133.62 million Price / Sales4.44 Cash FlowN/A Price / Cash FlowN/A Book Value$2.20 per share Price / Book3.24Miscellaneous Outstanding Shares83,350,000Free Float72,608,000Market Cap$593.45 million OptionableNot Optionable Beta0.78 Social Links Key ExecutivesArnon RosenthalChief Executive Officer & DirectorSaraswati Kenkare-MitraPresident, Head-Research & DevelopmentMarc Edward GrassoChief Financial, Accounting & Business OfficerCharles WolfusVP-Technology & Digital HealthGary RomanoChief Medical OfficerKey Competitors4D Molecular TherapeuticsNASDAQ:FDMTEditas MedicineNASDAQ:EDITiTeos TherapeuticsNASDAQ:ITOSNovavaxNASDAQ:NVAXHilleVaxNASDAQ:HLVXView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,767 shares on 5/26/2023Ownership: 0.016%Capital Impact Advisors LLCSold 17,162 shares on 5/23/2023Ownership: 0.062%Ameriprise Financial Inc.Bought 32,911 shares on 5/22/2023Ownership: 0.266%JPMorgan Chase & Co.Sold 38,312 shares on 5/18/2023Ownership: 2.858%New York State Common Retirement FundSold 13,928 shares on 5/18/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions ALEC Stock - Frequently Asked Questions Should I buy or sell Alector stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alector in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALEC shares. View ALEC analyst ratings or view top-rated stocks. What is Alector's stock price forecast for 2023? 6 analysts have issued 12 month price targets for Alector's stock. Their ALEC share price forecasts range from $10.00 to $41.00. On average, they predict the company's stock price to reach $16.43 in the next year. This suggests a possible upside of 130.7% 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 2023? Alector's stock was trading at $9.23 at the start of the year. Since then, ALEC shares have decreased by 22.9% and is now trading at $7.12. View the best growth stocks for 2023 here. Are investors shorting Alector? Alector saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,320,000 shares, an increase of 7.7% from the April 30th total of 5,870,000 shares. Based on an average daily trading volume, of 537,400 shares, the short-interest ratio is presently 11.8 days. Currently, 10.3% of the shares of the company are sold short. View Alector's Short Interest. When is Alector's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our ALEC earnings forecast. How were Alector's earnings last quarter? Alector, Inc. (NASDAQ:ALEC) announced its quarterly earnings data on Thursday, May, 4th. The company reported ($0.55) earnings per share for the quarter, beating the consensus estimate of ($0.75) by $0.20. The company had revenue of $16.55 million for the quarter, compared to analysts' expectations of $9.23 million. Alector had a negative trailing twelve-month return on equity of 57.31% and a negative net margin of 107.05%. What ETFs hold Alector's stock? ETFs with the largest weight of Alector (NASDAQ:ALEC) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN), Virtus LifeSci Biotech Clinical Trials ETF (BBC), ALPS Medical Breakthroughs ETF (SBIO), Global X Aging Population ETF (AGNG), SPDR S&P Biotech ETF (XBI), Direxion Daily S&P Biotech Bull 3x Shares (LABU), Principal Healthcare Innovators ETF (BTEC) and Invesco Nasdaq Biotechnology ETF (IBBQ). 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 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 served as the underwriters for the IPO. What is Alector's stock symbol? Alector trades on the NASDAQ under the ticker symbol "ALEC." Who are Alector's major shareholders? Alector's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.10%), FMR LLC (7.66%), State Street Corp (4.28%), Braidwell LP (3.85%), Federated Hermes Inc. (3.30%) and JPMorgan Chase & Co. (2.86%). Insiders that own company stock include Arnon Rosenthal, Calvin Yu, Gary Romano, Marc Grasso, Richard H Scheller, Robert King, Robert Paul, Shehnaaz Suliman and Terrance Mcguire. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alector's stock price today? One share of ALEC stock can currently be purchased for approximately $7.12. How much money does Alector make? Alector (NASDAQ:ALEC) has a market capitalization of $593.45 million and generates $133.62 million in revenue each year. The company earns $-133,310,000.00 in net income (profit) each year or ($1.62) on an earnings per share basis. How many employees does Alector have? The company employs 208 workers across the globe. Does Alector have any subsidiaries? The following companies are subsidiares of Alector: Alector LLC.Read More How can I contact Alector? Alector's mailing address is 131 OYSTER POINT BLVD. SUITE 600, SOUTH SAN FRANCISCO CA, 94080. The official website for the company is www.alector.com. The company can be reached via phone at (415) 231-5660 or via email at ir@alector.com. This page (NASDAQ:ALEC) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alector, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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