NASDAQ:ALT

Altimmune (ALT) Stock Price, News & Analysis

$7.47
+0.56 (+8.10%)
(As of 04/22/2024 ET)
Today's Range
$6.85
$7.55
50-Day Range
$6.89
$13.81
52-Week Range
$2.09
$14.84
Volume
2.34 million shs
Average Volume
5.46 million shs
Market Capitalization
$529.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.00

Altimmune MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
100.8% Upside
$15.00 Price Target
Short Interest
Bearish
25.01% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.69mentions of Altimmune in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.52) to ($1.95) 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.

1.58 out of 5 stars

Medical Sector

659th out of 909 stocks

Pharmaceutical Preparations Industry

297th out of 423 stocks

ALT stock logo

About Altimmune Stock (NASDAQ:ALT)

Altimmune, Inc., a clinical stage biopharmaceutical company, focuses on developing treatments for obesity and liver diseases. The company's lead product candidate, pemvidutide, a GLP-1/glucagon dual receptor agonist that is in Phase 2 trial for the treatment of obesity and metabolic dysfunction-associated steatohepatitis. It is also developing HepTcell, an immunotherapeutic product candidate, which is in Phase 2 clinical trial for patients chronically infected with the hepatitis B virus. The company was formerly known as Vaxin Inc. and changed its name to Altimmune, Inc. in September 2015. Altimmune, Inc. was founded in 1997 is headquartered in Gaithersburg, Maryland.

ALT Stock Price History

ALT Stock News Headlines

Wegovy vs. Zepbound: Who Wins the Battle of the GLP-1 Drugs?
The GLP-1 weight loss trend continues to flourish, and the ante keeps rising. The reigning champions in the battle of the bulge are Novo Nordisk A/V NYSE: NVO with its Semaglutide medications Ozempic and Wegovy, and Eli Lilly & Co. NYSE: LLY with its Tirzepatide medications Mounjaro and Zepbound.
Wegovy vs. Zepbound: Who Wins the Battle of the GLP-1 Drugs? (ALT)
The GLP-1 weight loss trend continues to flourish, and the ante keeps rising; see how the winner between Wegovy and Zepbound can help your portfolio
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Can Altimmune get its GLP-1 Drug to Market Before Cash Rush Out?
Altimmune Inc. NASDAQ: ALT is a clinical-stage biotechnology company specializing in treating liver disease and obesity. Their lead drug, Pemvidutide, has garnered much attention as a GLP-1/glucagon dual agonist similar to the weight-loss treatments Mounjaro and Zepbound by  Eli Lilly and Co. NYSE: LLY.
Can Altimmune get its GLP-1 Drug to Market Before Cash Rush Out?
Altimmune has a GLP-1 candidate in Phase 2 trials, but the company continues to burn cash and may need a big pharma partner to get its drug to market
7 Stocks That Will Drive the Weight Loss Drugs Market (ALT)
The booming weight loss drug market presents both lucrative potential and significant risks for investors seeking to capitalize on the global obesity crisis.
Altimmune, Inc. (ALT)
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
The 3 Best Biotech Stocks to Buy in April 2024
Eli Lilly: Three Threats To Its Huge Rally
Q4 2023 Altimmune Inc Earnings Call
ALT Stock Earnings: Altimmune Beats EPS for Q4 2023
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/22/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ALT
Employees
59
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$20.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+100.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-88,450,000.00
Net Margins
-20,780.75%
Pretax Margin
-20,762.21%

Debt

Sales & Book Value

Annual Sales
$430,000.00
Book Value
$2.75 per share

Miscellaneous

Free Float
67,988,000
Market Cap
$529.55 million
Optionable
Optionable
Beta
0.05
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Key Executives

  • Dr. Vipin K. Garg Ph.D. (Age 66)
    President, CEO & Director
    Comp: $986.14k
  • Dr. Matthew Scott Harris AGAF (Age 71)
    FCAP, M.D., MS, Chief Medical Officer
    Comp: $681.81k
  • Mr. Raymond M. Jordt M.B.A. (Age 51)
    Chief Business Officer
    Comp: $578.85k
  • Mr. Richard I. Eisenstadt M.B.A. (Age 66)
    Chief Financial Officer
    Comp: $619.69k
  • Mr. Bertrand Georges Ph.D.
    Chief Technology Officer
  • Dr. M. Scot Roberts Ph.D. (Age 65)
    Chief Scientific Officer
    Comp: $599.25k
  • Mr. Tony Blandin B.S.
    Vice President of Quality & Compliance Management
  • Mr. Andrew Shutterly M.S.
    Corporate Controller

ALT Stock Analysis - Frequently Asked Questions

Should I buy or sell Altimmune stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altimmune in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ALT shares.
View ALT analyst ratings
or view top-rated stocks.

What is Altimmune's stock price target for 2024?

3 equities research analysts have issued 1 year price targets for Altimmune's stock. Their ALT share price targets range from $12.00 to $20.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 100.8% from the stock's current price.
View analysts price targets for ALT
or view top-rated stocks among Wall Street analysts.

How have ALT shares performed in 2024?

Altimmune's stock was trading at $11.25 on January 1st, 2024. Since then, ALT shares have decreased by 33.6% and is now trading at $7.47.
View the best growth stocks for 2024 here
.

When is Altimmune's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ALT earnings forecast
.

How were Altimmune's earnings last quarter?

Altimmune, Inc. (NASDAQ:ALT) issued its quarterly earnings results on Wednesday, March, 27th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $0.02. The company had revenue of $0.04 million for the quarter. Altimmune had a negative net margin of 20,780.75% and a negative trailing twelve-month return on equity of 44.77%.

What ETF holds Altimmune's stock?

Amplify Treatments, Testing and Advancements ETF holds 12,706 shares of ALT stock, representing 0.97% of its portfolio.

When did Altimmune's stock split?

Altimmune shares reverse split before market open on Friday, September 14th 2018. The 1-30 reverse split was announced on Thursday, September 13th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 13th 2018. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

What other stocks do shareholders of Altimmune own?
Who are Altimmune's major shareholders?

Altimmune's stock is owned by a number of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%) and EWG Elevate Inc. (0.01%). Insiders that own company stock include David Drutz, Diane Jorkasky, M Scot Roberts, Matthew Scott Harris, Vipin K Garg and Wayne Pisano.
View institutional ownership trends
.

How do I buy shares of Altimmune?

Shares of ALT 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:ALT) was last updated on 4/23/2024 by MarketBeat.com Staff

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