NASDAQ:EVLO Evelo Biosciences (EVLO) Stock Forecast, Price & News $0.15 +0.02 (+17.27%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$0.13▼$0.1550-Day Range$0.10▼$0.2552-Week Range$0.02▼$3.29Volume1.11 million shsAverage Volume2.41 million shsMarket Capitalization$16.96 millionP/E RatioN/ADividend YieldN/APrice Target$3.17 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Evelo Biosciences MarketRank™ ForecastAnalyst RatingHold1.75 Rating ScoreUpside/Downside1,991.6% Upside$3.17 Price TargetShort InterestHealthy3.19% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.24Based on 5 Articles This WeekInsider TradingSelling Shares$14,144 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.74) to ($0.77) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 starsMedical Sector833rd out of 1,010 stocksPharmaceutical Preparations Industry415th out of 494 stocks 2.9 Analyst's Opinion Consensus RatingEvelo Biosciences has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.17, Evelo Biosciences has a forecasted upside of 1,991.6% from its current price of $0.15.Amount of Analyst CoverageEvelo Biosciences has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.19% of the outstanding shares of Evelo Biosciences have been sold short.Short Interest Ratio / Days to CoverEvelo Biosciences has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Evelo Biosciences has recently increased by 58.67%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEvelo Biosciences does not currently pay a dividend.Dividend GrowthEvelo Biosciences does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EVLO. Previous Next 1.5 News and Social Media Coverage News SentimentEvelo Biosciences has a news sentiment score of -0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Evelo Biosciences this week, compared to 1 article on an average week.Search Interest37 people have searched for EVLO on MarketBeat in the last 30 days. This is an increase of 76% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Evelo Biosciences to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Evelo Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,144.00 in company stock.Percentage Held by InsidersOnly 8.20% of the stock of Evelo Biosciences is held by insiders.Percentage Held by Institutions85.31% of the stock of Evelo Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Evelo Biosciences are expected to decrease in the coming year, from ($0.74) to ($0.77) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Evelo Biosciences is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Evelo Biosciences is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Evelo Biosciences (NASDAQ:EVLO) StockEvelo Biosciences, Inc. operates as a clinical stage biotechnology company, which engages in the development of orally delivered investigational medicines. Its portfolio includes EDP1066 and EDP1815 for the treatment of inflammatory diseases, EDP2939 for inflammation, and EDP1908 for oncology. The company was founded by Noubar B. Afeyan and David A. Berry in 2014 and is headquartered in Cambridge, MA.Read More Receive EVLO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Evelo Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address EVLO Stock News HeadlinesMay 23, 2023 | americanbankingnews.comEvelo Biosciences, Inc. to Post FY2023 Earnings of ($0.58) Per Share, Cantor Fitzgerald Forecasts (NASDAQ:EVLO)May 19, 2023 | americanbankingnews.comEvelo Biosciences Target of Unusually Large Options Trading (NASDAQ:EVLO)May 29, 2023 | Legacy Research (Affiliate) (Ad)Bear market expert makes new predictionNobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.May 17, 2023 | finance.yahoo.comWhat Makes Evelo Biosciences, Inc. (EVLO) a New Buy StockMay 10, 2023 | finance.yahoo.comEvelo Biosciences Insiders Added US$575k Of Stock To Their HoldingsMay 10, 2023 | finance.yahoo.comEvelo Biosciences Insiders Added US$575k Of Stock To Their Holdings \May 4, 2023 | americanbankingnews.comEvelo Biosciences Sees Unusually Large Options Volume (NASDAQ:EVLO)April 27, 2023 | markets.businessinsider.comEvelo Biosciences (EVLO) Gets a Hold from Morgan StanleyMay 29, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>April 27, 2023 | investorplace.comWhy Is Evelo Biosciences (EVLO) Stock Up 78% Today?April 26, 2023 | finance.yahoo.comFlagship-backed startup makes layoffs for second time in three monthsApril 26, 2023 | finance.yahoo.comEvelo Biosciences' Atopic Dermatitis Study Cohort Misses Primary Goal Again, Shuts Study, Lays Off More StaffApril 26, 2023 | finanznachrichten.deEvelo Biosciences, Inc.: Evelo Biosciences Provides Clinical UpdatesApril 26, 2023 | msn.comEvelo slumps ~40% as eczema drug program abandoned after trial fails; cuts staffApril 26, 2023 | finance.yahoo.comEvelo Biosciences Provides Clinical UpdatesApril 19, 2023 | seekingalpha.comEVLO Evelo Biosciences, Inc.April 7, 2023 | americanbankingnews.comTraders Buy High Volume of Evelo Biosciences Put Options (NASDAQ:EVLO)March 23, 2023 | americanbankingnews.comStock Traders Buy High Volume of Put Options on Evelo Biosciences (NASDAQ:EVLO)March 18, 2023 | seekingalpha.comEvelo Biosciences, Inc. (EVLO) Q4 2022 Earnings Call TranscriptMarch 16, 2023 | finance.yahoo.comEvelo Biosciences Announces Fourth Quarter and Full Year 2022 Financial Results and Business HighlightsMarch 15, 2023 | msn.comEarnings Preview: Evelo BiosciencesMarch 9, 2023 | finance.yahoo.comEvelo Biosciences to Report Fourth Quarter and Full Year 2022 Financial Results on Thursday, March 16, 2023March 1, 2023 | finance.yahoo.comAfter Plunging -40.39% in 4 Weeks, Here's Why the Trend Might Reverse for Evelo Biosciences, Inc. (EVLO)March 1, 2023 | finance.yahoo.comEvelo Biosciences to Participate in the Cowen 43rd Annual Health Care ConferenceFebruary 27, 2023 | finance.yahoo.comEvelo Biosciences Reports that EDP2939, its First Oral Extracellular Vesicle Product Candidate, Commenced Dosing in a Phase 2 Psoriasis TrialFebruary 13, 2023 | finance.yahoo.comDown -39.46% in 4 Weeks, Here's Why Evelo Biosciences, Inc. (EVLO) Looks Ripe for a TurnaroundFebruary 1, 2023 | msn.comWhy WestRock Company Are Trading Lower By 13%? Here Are Other Stocks Moving In Wednesday's Mid-Day SessionSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EVLO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Evelo Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address EVLO Company Calendar Last Earnings3/16/2023Today5/28/2023Next Earnings (Estimated)6/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:EVLO CUSIPN/A CIK1694665 Webwww.evelobio.com Phone(617) 577-0300FaxN/AEmployees122Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.17 High Stock Price Forecast$5.00 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+1,991.6%Consensus RatingHold Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.45) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-114,530,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-3,491.73% Return on Assets-144.44% Debt Debt-to-Equity Ratio3.93 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value($0.24) per share Price / Book-0.63Miscellaneous Outstanding Shares111,990,000Free Float102,810,000Market Cap$16.96 million OptionableNot Optionable Beta1.26 Key ExecutivesSimba GillPresident, Chief Executive Officer & DirectorAnn Marella ThorellCFO, Treasurer, SVP & Chief Accounting OfficerMark W. BodmerChief Scientific Officer, President-R&DChun ZhangChief Technical Operations & Quality OfficerAndrea ItanoSenior Vice President & Head-ResearchKey CompetitorsIterum TherapeuticsNASDAQ:ITRMVascular BiogenicsNASDAQ:VBLTProcessa PharmaceuticalsNASDAQ:PCSACellectar BiosciencesNASDAQ:CLRBAeterna ZentarisNASDAQ:AEZSView All CompetitorsInsiders & InstitutionsCVI Holdings LLCSold 630,995 shares on 5/16/2023Ownership: 0.758%Susquehanna International Group LLPBought 40,800 shares on 5/16/2023Ownership: 0.000%BlackRock Inc.Sold 77,287 shares on 5/12/2023Ownership: 1.042%FMR LLCSold 231,262 shares on 5/11/2023Ownership: 14.601%Duncan MchaleSold 66,730 sharesTotal: $8,674.90 ($0.13/share)View All Insider TransactionsView All Institutional Transactions EVLO Stock - Frequently Asked Questions Should I buy or sell Evelo Biosciences stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evelo Biosciences in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EVLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EVLO, but not buy additional shares or sell existing shares. View EVLO analyst ratings or view top-rated stocks. What is Evelo Biosciences' stock price forecast for 2023? 4 Wall Street research analysts have issued 1 year price objectives for Evelo Biosciences' shares. Their EVLO share price forecasts range from $2.00 to $5.00. On average, they predict the company's share price to reach $3.17 in the next year. This suggests a possible upside of 1,991.6% from the stock's current price. View analysts price targets for EVLO or view top-rated stocks among Wall Street analysts. How have EVLO shares performed in 2023? Evelo Biosciences' stock was trading at $1.61 on January 1st, 2023. Since then, EVLO shares have decreased by 90.6% and is now trading at $0.1514. View the best growth stocks for 2023 here. Are investors shorting Evelo Biosciences? Evelo Biosciences saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,570,000 shares, an increase of 58.7% from the April 30th total of 2,250,000 shares. Based on an average daily trading volume, of 3,620,000 shares, the short-interest ratio is presently 1.0 days. View Evelo Biosciences' Short Interest. When is Evelo Biosciences' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023. View our EVLO earnings forecast. How were Evelo Biosciences' earnings last quarter? Evelo Biosciences, Inc. (NASDAQ:EVLO) announced its quarterly earnings data on Thursday, March, 16th. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.09. What other stocks do shareholders of Evelo Biosciences own? Based on aggregate information from My MarketBeat watchlists, some companies that other Evelo Biosciences investors own include Fulcrum Therapeutics (FULC), VIVUS (VVUS), Evofem Biosciences (EVFM), Sorrento Therapeutics (SRNE), Cerecor (CERC), Myovant Sciences (MYOV), Provention Bio (PRVB), VBI Vaccines (VBIV), VYNE Therapeutics (VYNE) and Aldeyra Therapeutics (ALDX). When did Evelo Biosciences IPO? (EVLO) raised $85 million in an IPO on Wednesday, May 9th 2018. The company issued 5,300,000 shares at a price of $15.00-$17.00 per share. Morgan Stanley, Cowen and BMO Capital Markets acted as the underwriters for the IPO and JMP Securities was co-manager. What is Evelo Biosciences' stock symbol? Evelo Biosciences trades on the NASDAQ under the ticker symbol "EVLO." Who are Evelo Biosciences' major shareholders? Evelo Biosciences' stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (14.60%), BlackRock Inc. (1.04%), CVI Holdings LLC (0.76%), Susquehanna International Group LLP (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include David R Epstein, Duncan Mchale, Marella Thorell, Simba Gill, Stephen J Carriere, Ventures Fund Iv Gene Flagship and Xiaoli Jacqueline Liu. View institutional ownership trends. How do I buy shares of Evelo Biosciences? Shares of EVLO 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 Evelo Biosciences' stock price today? One share of EVLO stock can currently be purchased for approximately $0.15. How much money does Evelo Biosciences make? Evelo Biosciences (NASDAQ:EVLO) has a market capitalization of $16.96 million. The company earns $-114,530,000.00 in net income (profit) each year or ($1.45) on an earnings per share basis. How many employees does Evelo Biosciences have? The company employs 122 workers across the globe. How can I contact Evelo Biosciences? Evelo Biosciences' mailing address is 620 Memorial Drive Suite 500 West, Cambridge MA, 02139. The official website for the company is www.evelobio.com. The company can be reached via phone at (617) 577-0300 or via email at ir@evelobio.com. This page (NASDAQ:EVLO) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Evelo Biosciences, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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