NASDAQ:KALA

KALA BIO (KALA) Stock Price, News & Analysis

$6.47
-0.10 (-1.52%)
(As of 10:19 AM ET)
Today's Range
$6.47
$6.48
50-Day Range
$6.33
$7.99
52-Week Range
$5.10
$19.35
Volume
309 shs
Average Volume
25,704 shs
Market Capitalization
$18.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.00

KALA BIO MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
178.2% Upside
$18.00 Price Target
Short Interest
Healthy
0.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.35
Upright™ Environmental Score
News Sentiment
0.00mentions of KALA BIO in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($11.28) to ($11.50) 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.

3.63 out of 5 stars

Medical Sector

249th out of 909 stocks

Pharmaceutical Preparations Industry

103rd out of 423 stocks

KALA stock logo

About KALA BIO Stock (NASDAQ:KALA)

KALA BIO, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for the treatment of eye diseases. The company's product candidates include KPI-012, which is in Phase 2b clinical trial for the treatment of persistent corneal epithelial defects; EYSUVIS for the short-term treatment of the signs and symptoms of dry eye disease; and INVELTYS, a topical twice-a-day ocular steroid for the treatment of post-operative inflammation and pain following ocular surgery. Its preclinical development product, including KPI-014 for the treatment of rare inherited retinal diseases. The company was formerly known as Kala Pharmaceuticals, Inc. and changed its name to KALA BIO, Inc. in August 2023. KALA BIO, Inc. was incorporated in 2009 and is headquartered in Arlington, Massachusetts.

KALA Stock Price History

KALA Stock News Headlines

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Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Kala Bio Stock (NASDAQ:KALA), Short Interest Report
See More Headlines
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Company Calendar

Last Earnings
3/29/2024
Today
4/24/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:KALA
Employees
43
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$21.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+176.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-42,200,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.89 million
Book Value
$2.79 per share

Miscellaneous

Free Float
2,439,000
Market Cap
$18.33 million
Optionable
Not Optionable
Beta
-1.85
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Key Executives


KALA Stock Analysis - Frequently Asked Questions

Should I buy or sell KALA BIO stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KALA BIO in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KALA shares.
View KALA analyst ratings
or view top-rated stocks.

What is KALA BIO's stock price target for 2024?

2 Wall Street analysts have issued 12-month price objectives for KALA BIO's stock. Their KALA share price targets range from $15.00 to $21.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests a possible upside of 178.2% from the stock's current price.
View analysts price targets for KALA
or view top-rated stocks among Wall Street analysts.

How have KALA shares performed in 2024?

KALA BIO's stock was trading at $7.00 at the beginning of 2024. Since then, KALA stock has decreased by 7.6% and is now trading at $6.47.
View the best growth stocks for 2024 here
.

Are investors shorting KALA BIO?

KALA BIO saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 6,000 shares, a decline of 50.4% from the March 15th total of 12,100 shares. Based on an average trading volume of 27,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.
View KALA BIO's Short Interest
.

When is KALA BIO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our KALA earnings forecast
.

How were KALA BIO's earnings last quarter?

KALA BIO, Inc. (NASDAQ:KALA) released its quarterly earnings data on Friday, March, 29th. The company reported ($3.18) EPS for the quarter.

When did KALA BIO's stock split?

KALA BIO shares reverse split on the morning of Friday, October 21st 2022. The 1-50 reverse split was announced on Friday, October 21st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, October 21st 2022. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

What is Mark Iwicki's approval rating as KALA BIO's CEO?

1 employees have rated KALA BIO Chief Executive Officer Mark Iwicki on Glassdoor.com. Mark Iwicki has an approval rating of 100% among the company's employees. This puts Mark Iwicki in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of KALA BIO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KALA BIO investors own include Pfizer (PFE), Sorrento Therapeutics (SRNE), Dynavax Technologies (DVAX), Micron Technology (MU), Inovio Pharmaceuticals (INO), VBI Vaccines (VBIV), Amarin (AMRN), Bristol-Myers Squibb (BMY), NVIDIA (NVDA) and AbbVie (ABBV).

When did KALA BIO IPO?

KALA BIO (KALA) raised $90 million in an initial public offering (IPO) on Thursday, July 20th 2017. The company issued 6,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch served as the underwriters for the IPO and Wells Fargo Securities and Wedbush PacGrow were co-managers.

How do I buy shares of KALA BIO?

Shares of KALA 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:KALA) was last updated on 4/24/2024 by MarketBeat.com Staff

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