Alector Stock Forecast, Price & News

Alector (NASDAQ:ALEC) Frequently Asked Questions

Is Alector a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alector in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Alector stock.
View analyst ratings for Alector or view top-rated stocks.

How has Alector's stock been impacted by Coronavirus (COVID-19)?

Alector's stock was trading at $24.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ALEC stock has decreased by 20.1% and is now trading at $19.92.
View which stocks have been most impacted by COVID-19.

When is Alector's next earnings date?

Alector is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Alector.

How were Alector's earnings last quarter?

Alector, Inc. (NASDAQ:ALEC) released its quarterly earnings data on Thursday, November, 4th. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of ($0.46) by $1.95. Alector had a negative net margin of 16.62% and a negative trailing twelve-month return on equity of 12.96%.
View Alector's earnings history.

What price target have analysts set for ALEC?

6 equities research analysts have issued twelve-month price targets for Alector's shares. Their forecasts range from $33.00 to $57.00. On average, they anticipate Alector's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 102.5% from the stock's current price.
View analysts' price targets for Alector or view top-rated stocks among Wall Street analysts.

Who are Alector's key executives?

Alector's management team includes the following people:

• Arnon Rosenthal, Chief Executive Officer & Director (LinkedIn Profile)
• Shehnaaz Suliman, President, Chief Operating & Business Officer
• Linda M. Rubinstein, Chief Financial & Accounting Officer
• Charles Wolfus, VP-Technology & Digital Health
• Sam Jackson, Chief Medical Officer

What is Arnon Rosenthal's approval rating as Alector's CEO?

4 employees have rated Alector CEO Arnon Rosenthal on Glassdoor.com. Arnon Rosenthal has an approval rating of 100% among Alector's employees. This puts Arnon Rosenthal in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Alector's key competitors?

Some companies that are related to Alector include CRISPR Therapeutics (CRSP), Denali Therapeutics (DNLI), Exelixis (EXEL), Beam Therapeutics (BEAM), Abcam (ABCM), Fate Therapeutics (FATE), Kodiak Sciences (KOD), Halozyme Therapeutics (HALO), Vir Biotechnology (VIR), Twist Bioscience (TWST), Adaptive Biotechnologies (ADPT), Ablynx (ABLYF), Sana Biotechnology (SANA), SpringWorks Therapeutics (SWTX) and Relay Therapeutics (RLAY).
View all of ALEC's competitors.

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 $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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.52%), EcoR1 Capital LLC (6.15%), Franklin Resources Inc. (2.76%), Geode Capital Management LLC (1.23%), Morgan Stanley (0.99%) and Goldman Sachs Group Inc. (0.73%). Company insiders that own Alector stock include Arnon Rosenthal, Calvin Yu, David M Wehner, Orbimed Advisors Llc, Richard H Scheller, Robert King, Robert Paul, Sabah Oney and Terrance Mcguire.
View institutional ownership trends for Alector.

Which institutional investors are selling Alector stock?

ALEC stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Deutsche Bank AG, Citigroup Inc., Pier Capital LLC, Platinum Investment Management Ltd., New York State Common Retirement Fund, California State Teachers Retirement System, and Schonfeld Strategic Advisors LLC. Company insiders that have sold Alector company stock in the last year include Arnon Rosenthal, Calvin Yu, Richard H Scheller, and Robert Paul.
View insider buying and selling activity for Alector or view top insider-selling stocks.

Which institutional investors are buying Alector stock?

ALEC stock was purchased by a variety of institutional investors in the last quarter, including EcoR1 Capital LLC, Two Sigma Investments LP, Voloridge Investment Management LLC, Marshall Wace LLP, Morgan Stanley, Millennium Management LLC, UBS Group AG, and BlackRock Inc..
View insider buying and selling activity for Alector or or view top insider-buying stocks.

How do I buy shares of Alector?

Shares of ALEC 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.
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What is Alector's stock price today?

One share of ALEC stock can currently be purchased for approximately $19.92.

How much money does Alector make?

Alector has a market capitalization of $1.62 billion and generates $21.10 million in revenue each year. The company earns $-190.23 million in net income (profit) each year or ($0.52) on an earnings per share basis.

How many employees does Alector have?

Alector employs 171 workers across the globe.

What is Alector's official website?

The official website for Alector is www.alector.com.

Where are Alector's headquarters?

Alector is headquartered at 131 OYSTER POINT BLVD. SUITE 600, SOUTH SAN FRANCISCO CA, 94080.

How can I contact Alector?

Alector's mailing address is 131 OYSTER POINT BLVD. SUITE 600, SOUTH SAN FRANCISCO CA, 94080. The company can be reached via phone at (415) 231-5660 or via email at [email protected].