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Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
'Knock at the Cabin' knocks off 'Avatar' at the box office
NASDAQ:ALEC

Alector - ALEC Stock Forecast, Price & News

$9.49
-0.07 (-0.73%)
(As of 02/3/2023 09:03 PM ET)
Add
Compare
Today's Range
$9.28
$9.74
50-Day Range
$7.49
$9.56
52-Week Range
$6.84
$17.68
Volume
628,500 shs
Average Volume
611,817 shs
Market Capitalization
$784.82 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.75

Alector MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
76.5% Upside
$16.75 Price Target
Short Interest
Bearish
7.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.43) to ($1.39) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Medical Sector

397th out of 1,025 stocks

Biological Products, Except Diagnostic Industry

66th out of 168 stocks

ALEC stock logo

About Alector (NASDAQ:ALEC) Stock

Alector, 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.

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ALEC Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Alector Third Quarter 2022 Earnings: Misses Expectations
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Morgan Stanley Downgrades Alector: Here's What You Need To Know
See More Headlines
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ALEC Company Calendar

Last Earnings
11/08/2022
Today
2/05/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:ALEC
Fax
N/A
Employees
208
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.75
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+76.5%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$-36,330,000.00
Net Margins
-102.49%
Pretax Margin
-100.59%

Debt

Sales & Book Value

Annual Sales
$207.09 million
Book Value
$3.70 per share

Miscellaneous

Free Float
72,042,000
Market Cap
$784.82 million
Optionable
Not Optionable
Beta
0.83

Key Executives

  • Arnon RosenthalArnon Rosenthal
    Chief Executive Officer & Director
  • Saraswati Kenkare-Mitra
    President, Head-Research & Development
  • Marc Edward Grasso
    Chief Financial, Accounting & Business Officer
  • Charles Wolfus
    VP-Technology & Digital Health
  • Gary Romano
    Chief Medical Officer













ALEC Stock - 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 twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ALEC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALEC, but not buy additional shares or sell existing shares.
View ALEC analyst ratings
or view top-rated stocks.

What is Alector's stock price forecast for 2023?

7 Wall Street research analysts have issued 12-month price objectives for Alector's shares. Their ALEC share price forecasts range from $6.00 to $41.00. On average, they anticipate the company's stock price to reach $16.75 in the next year. This suggests a possible upside of 76.5% 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 on January 1st, 2023. Since then, ALEC shares have increased by 2.8% and is now trading at $9.49.
View the best growth stocks for 2023 here
.

When is Alector's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our ALEC earnings forecast
.

How were Alector's earnings last quarter?

Alector, Inc. (NASDAQ:ALEC) announced its earnings results on Tuesday, November, 8th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of ($0.43) by $0.13. The company earned $14.85 million during the quarter, compared to analyst estimates of $52.70 million. Alector had a negative trailing twelve-month return on equity of 49.19% and a negative net margin of 102.49%.

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 on Thursday, February 7th 2019. The company issued 9,300,000 shares at a price of $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 variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (0.47%), Strs Ohio (0.08%), SG Americas Securities LLC (0.02%), Simplex Trading LLC (0.00%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Arnon Rosenthal, Calvin Yu, Orbimed Advisors Llc, Richard H Scheller, Robert King, Robert Paul, Sabah Oney, 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 $9.49.

How much money does Alector make?

Alector (NASDAQ:ALEC) has a market capitalization of $784.82 million and generates $207.09 million in revenue each year. The company earns $-36,330,000.00 in net income (profit) each year or ($1.66) on an earnings per share basis.

How many employees does Alector have?

The company employs 208 workers across the globe.

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 2/6/2023 by MarketBeat.com Staff