NASDAQ:CALT

Calliditas Therapeutics AB (publ) (CALT) Stock Price, News & Analysis

$19.50
+0.05 (+0.26%)
(As of 04/26/2024 ET)
Today's Range
$18.48
$20.15
50-Day Range
$17.55
$23.18
52-Week Range
$15.25
$29.30
Volume
3,791 shs
Average Volume
7,766 shs
Market Capitalization
$580.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.00

Calliditas Therapeutics AB (publ) MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
74.4% Upside
$34.00 Price Target
Short Interest
Healthy
0.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.09mentions of Calliditas Therapeutics AB (publ) in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1,089.66%
From $0.29 to $3.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.19 out of 5 stars

Medical Sector

522nd out of 913 stocks

Pharmaceutical Preparations Industry

231st out of 421 stocks

CALT stock logo

About Calliditas Therapeutics AB (publ) Stock (NASDAQ:CALT)

Calliditas Therapeutics AB (publ), a commercial-stage specialty pharmaceutical company, focused on identifying, developing, and commercializing pharmaceuticals products for treatments in orphan indications with initial focus on renal and hepatic diseases. It offers Nefecon, an oral formulation of budesonide that is an immunosuppressant for the treatment of the autoimmune renal disease immunoglobulin A nephropathy. The company's lead product candidate is Setanaxib, a NOX inhibitor that is in Phase 2b/3 clinical trial for the treatment of primary biliary cholangitis; and in Phase 2 clinical trial for the treatment of squamous cell carcinoma of the head and neck cancer and idiopathic pulmonary fibrosis, as well as for type 1 diabetic kidney disease. It also develops Budenofalk 3 mg oral capsules for the treatment of autoimmune hepatitis. The company was founded in 2004 and is headquartered in Stockholm, Sweden.

CALT Stock Price History

CALT Stock News Headlines

Calliditas Therapeutics' 2023 Annual Report Published
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Calliditas Therapeutics AB (publ) (NASDAQ:CALT) Shares Up 3.4%
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Calliditas Therapeutics: Strong Sales and FDA Approval Propel Buy Rating
Calliditas Year-end report, January - December 2023
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/26/2024
Next Earnings (Estimated)
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CALT
Fax
N/A
Employees
192
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$34.00
High Stock Price Target
$50.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+74.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-43,960,000.00
Pretax Margin
-37.87%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Book Value
$1.06 per share

Miscellaneous

Free Float
29,135,000
Market Cap
$580.92 million
Optionable
Optionable
Beta
1.50

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Key Executives

  • Ms. Renee Aguiar-Lucander (Age 62)
    Chief Executive Officer
    Comp: $8.99M
  • Mr. Fredrik Johansson (Age 47)
    Chief Financial Officer
  • Dr. Johan Haggblad Ph.D. (Age 66)
    Chief Scientific Officer
    Comp: $1.66M
  • Mr. Brian Gorman (Age 48)
    Group General Counsel
  • Ms. Sandra Frithiof (Age 49)
    Head of Human Resources
  • Ms. Ann-Kristin Myde BSc (Age 69)
    Head of Clinical Development & VP of Project Management
  • Dr. Krassimir Mitchev (Age 65)
    Head of Medical Affairs
  • Dr. Richard S. Philipson M.D. (Age 60)
    Chief Medical Officer
  • Ms. Teona Johnson
    Head of US Marketing
  • Mr. David Ferraro
    Head of US Sales

CALT Stock Analysis - Frequently Asked Questions

Should I buy or sell Calliditas Therapeutics AB (publ) stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calliditas Therapeutics AB (publ) in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CALT shares.
View CALT analyst ratings
or view top-rated stocks.

What is Calliditas Therapeutics AB (publ)'s stock price target for 2024?

2 Wall Street research analysts have issued 1-year price objectives for Calliditas Therapeutics AB (publ)'s stock. Their CALT share price targets range from $18.00 to $50.00. On average, they predict the company's stock price to reach $34.00 in the next year. This suggests a possible upside of 74.4% from the stock's current price.
View analysts price targets for CALT
or view top-rated stocks among Wall Street analysts.

How have CALT shares performed in 2024?

Calliditas Therapeutics AB (publ)'s stock was trading at $25.74 at the start of the year. Since then, CALT stock has decreased by 24.2% and is now trading at $19.5006.
View the best growth stocks for 2024 here
.

Are investors shorting Calliditas Therapeutics AB (publ)?

Calliditas Therapeutics AB (publ) saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 7,100 shares, an increase of 121.9% from the March 31st total of 3,200 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is currently 1.0 days.
View Calliditas Therapeutics AB (publ)'s Short Interest
.

When is Calliditas Therapeutics AB (publ)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our CALT earnings forecast
.

How were Calliditas Therapeutics AB (publ)'s earnings last quarter?

Calliditas Therapeutics AB (publ) (NASDAQ:CALT) announced its quarterly earnings results on Wednesday, February, 21st. The company reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.02. The business had revenue of $42.45 million for the quarter, compared to the consensus estimate of $36.24 million. Calliditas Therapeutics AB (publ) had a negative net margin of 38.72% and a negative trailing twelve-month return on equity of 104.47%. During the same quarter in the prior year, the business earned ($0.01) earnings per share.

What other stocks do shareholders of Calliditas Therapeutics AB (publ) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calliditas Therapeutics AB (publ) investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Chimerix (CMRX), CTI BioPharma (CTIC), DRDGOLD (DRD), Forte Biosciences (FBRX).

When did Calliditas Therapeutics AB (publ) IPO?

Calliditas Therapeutics AB (publ) (CALT) raised $179 million in an initial public offering on Friday, June 5th 2020. The company issued 9,200,000 shares at $19.50 per share. Citigroup, Jefferies and Stifel acted as the underwriters for the IPO and Carnegie was co-manager.

How do I buy shares of Calliditas Therapeutics AB (publ)?

Shares of CALT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CALT) was last updated on 4/27/2024 by MarketBeat.com Staff

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