NASDAQ:ALLK - Allakos Stock Price, Forecast & News

Allakos trades on the NASDAQ under the ticker symbol "ALLK."

Allakos Inc (NASDAQ:ALLK) issued its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.43) by $0.04. View Allakos' Earnings History.

Allakos is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Allakos.

2 brokers have issued 1-year target prices for Allakos' shares. Their forecasts range from $94.00 to $94.00. On average, they anticipate Allakos' share price to reach $94.00 in the next year. This suggests a possible upside of 41.7% from the stock's current price. View Analyst Price Targets for Allakos.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allakos in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allakos.

Press coverage about ALLK stock has trended somewhat positive on Monday, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allakos earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Allakos.

Allakos saw a increase in short interest in January. As of January 31st, there was short interest totalling 7,400,000 shares, an increase of 6.5% from the January 15th total of 6,950,000 shares. Based on an average trading volume of 430,100 shares, the days-to-cover ratio is currently 17.2 days. Approximately 33.0% of the shares of the company are sold short. View Allakos' Current Options Chain.

Some companies that are related to Allakos include Elanco Animal Health (ELAN), Beigene (BGNE), Bausch Health Companies (BHC), Catalent (CTLT), Ionis Pharmaceuticals (IONS), Jazz Pharmaceuticals (JAZZ), ACADIA Pharmaceuticals (ACAD), The Medicines (MDCO), Ascendis Pharma A/S (ASND), Horizon Therapeutics (HZNP), Amarin (AMRN), BridgeBio Pharma (BBIO), Evotec (EVTCY), Global Blood Therapeutics (GBT) and Arrowhead Pharmaceuticals (ARWR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Allakos investors own include Advanced Micro Devices (AMD), Eiger Biopharmaceuticals (EIGR), Gilead Sciences (GILD), Heron Therapeutics (HRTX), Tesla (TSLA), AbbVie (ABBV), General Motors (GM), Pfizer (PFE), Exxon Mobil (XOM) and Agios Pharmaceuticals (AGIO).

(ALLK) raised $96 million in an IPO on Thursday, July 19th 2018. The company issued 6,000,000 shares at $15.00-$17.00 per share. Goldman Sachs and Jefferies served as the underwriters for the IPO and William Blair was co-manager.

Allakos' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (2.91%), State Street Corp (1.66%), Pictet Asset Management Ltd. (0.54%), Charles Schwab Investment Management Inc. (0.29%), Fairmount Funds Management LLC (0.26%) and Bank of New York Mellon Corp (0.20%). Company insiders that own Allakos stock include Daniel Janney, John P Mckearn and Venture Fund (Ohi Rivervest II. View Institutional Ownership Trends for Allakos.

ALLK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., Victory Capital Management Inc., Renaissance Technologies LLC, Driehaus Capital Management LLC, UBS Group AG, Rafferty Asset Management LLC and TD Asset Management Inc.. Company insiders that have sold Allakos company stock in the last year include John P Mckearn and Venture Fund (Ohi Rivervest II. View Insider Buying and Selling for Allakos.

ALLK stock was purchased by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Fairmount Funds Management LLC, Handelsbanken Fonder AB, Candriam Luxembourg S.C.A., State Street Corp, California Public Employees Retirement System, AQR Capital Management LLC and Blair William & Co. IL. Company insiders that have bought Allakos stock in the last two years include Daniel Janney and Venture Fund (Ohi Rivervest II. View Insider Buying and Selling for Allakos.

Shares of ALLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ALLK stock can currently be purchased for approximately $66.33.

Allakos has a market capitalization of $3.23 billion. The company earns $-43,540,000.00 in net income (profit) each year or ($2.20) on an earnings per share basis. Allakos employs 62 workers across the globe.View Additional Information About Allakos.

The official website for Allakos is http://www.allakos.com/.

Allakos' mailing address is 975 ISLAND DRIVE SUITE 201, REDWOOD CITY CA, 94065. The company can be reached via phone at 650-597-5002 or via email at [email protected]