NASDAQ:ALEC

Alector Stock Forecast, Price & News

$19.62
+0.21 (+1.08 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$18.85
$19.87
50-Day Range
$15.50
$21.03
52-Week Range
$9.12
$33.82
Volume414,000 shs
Average Volume598,764 shs
Market Capitalization$1.57 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.03
30 days | 90 days | 365 days | Advanced Chart
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About Alector

Alector, Inc., a clinical stage biopharmaceutical company, develops therapies for the treatment of neurodegeneration diseases. Its products include AL001, a humanized recombinant monoclonal antibody, 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 Ib clinical trial for the treatment of Alzheimer's disease. In addition, its products in development stage include AL044 that targets MS4A4A, a risk gene for Alzheimer's disease; and 8 candidates in immuno-neurology/immuno-oncology field comprise ADP012, ADP016, ADP017, ADP023, ADP026, ADP122, ADP009, and ADP022. Alector, Inc. has a collaboration agreement with Adimab, LLC for the research and development of antibodies. The company was founded in 2013 and is headquartered in South San Francisco, California.

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MarketRank

Overall MarketRank

1.35 out of 5 stars

Medical Sector

807th out of 2,099 stocks

Biological Products, Except Diagnostic Industry

114th out of 198 stocks

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
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Alector (NASDAQ:ALEC) Frequently Asked Questions

Is Alector a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alector in the last twelve months. There are currently 4 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.

What stocks does MarketBeat like better than Alector?

Wall Street analysts have given Alector a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Alector wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Alector's next earnings date?

Alector is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
View our earnings forecast for Alector
.

How were Alector's earnings last quarter?

Alector, Inc. (NASDAQ:ALEC) issued its quarterly earnings data on Tuesday, May, 4th. The company reported ($0.66) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.69) by $0.03. Alector had a negative trailing twelve-month return on equity of 69.73% and a negative net margin of 1,122.03%.
View Alector's earnings history
.

How has Alector's stock been impacted by Coronavirus?

Alector's stock was trading at $24.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALEC stock has decreased by 21.3% and is now trading at $19.62.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for ALEC?

4 brokerages have issued 1-year target prices for Alector's shares. Their forecasts range from $31.00 to $41.00. On average, they anticipate Alector's share price to reach $34.40 in the next twelve months. This suggests a possible upside of 75.3% 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:
  • Dr. Tillman U. Gerngross, Co-Founder & Chairman (Age 57, Pay $49.44k)
  • Dr. Arnon Rosenthal, Co-Founder, CEO & Director (Age 65, Pay $869.81k)
  • Dr. Robert Paul M.D., Ph.D., Chief Medical Officer (Age 53, Pay $581.55k)
  • Dr. Robert S. King, Chief Devel. Officer (Age 58, Pay $531.57k)
  • Dr. Shehnaaz Suliman M.D., M.Phil., M.B.A., Pres, COO & Interim Chief Bus. Officer (Age 49)
  • Mr. Calvin Yu, VP of Fin. (Age 45)
  • Mr. Charles Wolfus, VP of Technology & Digital Health
  • Mr. Brian Sander J.D., Ph.D., Gen. Counsel
  • Erica Jefferson, VP of Communications & Public Affairs
  • Ms. Clare Hunt M.B.A., Head of People

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?

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.62%), Federated Hermes Inc. (5.82%), Franklin Resources Inc. (4.08%), Price T Rowe Associates Inc. MD (3.38%), JPMorgan Chase & Co. (3.28%) and Gilder Gagnon Howe & Co. LLC (2.30%). Company insiders that own Alector stock include Calvin Yu, David M Wehner, Orbimed Advisors Llc, Robert King, Robert Paul, Sabah Oney and Terrance Mcguire.
View institutional ownership trends for Alector
.

Which major investors are selling Alector stock?

ALEC stock was sold by a variety of institutional investors in the last quarter, including Orbimed Advisors LLC, Gilder Gagnon Howe & Co. LLC, Integral Health Asset Management LLC, Credit Suisse AG, Squarepoint Ops LLC, Millennium Management LLC, PDT Partners LLC, and Northern Trust Corp. Company insiders that have sold Alector company stock in the last year include Calvin Yu, Robert Paul, and Terrance Mcguire.
View insider buying and selling activity for Alector
or view top insider-selling stocks.

Which major investors are buying Alector stock?

ALEC stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Morgan Stanley, EcoR1 Capital LLC, Pier Capital LLC, Federated Hermes Inc., Ikarian Capital LLC, Dimensional Fund Advisors LP, and Citigroup 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.
Compare Top Brokerages Here.

What is Alector's stock price today?

One share of ALEC stock can currently be purchased for approximately $19.62.

How much money does Alector make?

Alector has a market capitalization of $1.57 billion and generates $21.10 million in revenue each year. The company earns $-190,230,000.00 in net income (profit) each year or ($2.45) 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]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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