NYSE:ALUR

Allurion Technologies (ALUR) Stock Price, News & Analysis

$2.03
+0.09 (+4.64%)
(As of 05/14/2024 ET)
Today's Range
$1.75
$2.30
50-Day Range
$1.67
$3.08
52-Week Range
$1.56
$9.00
Volume
174,509 shs
Average Volume
701,865 shs
Market Capitalization
$97.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Allurion Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
135.8% Upside
$5.00 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Allurion Technologies in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.87) to ($0.48) 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.

2.57 out of 5 stars

Medical Sector

1422nd out of 2,771 stocks

Surgical & Medical Instruments Industry

178th out of 300 stocks

ALUR stock logo

About Allurion Technologies Stock (NYSE:ALUR)

Allurion Technologies Inc. focuses on ending obesity with a weight loss platform to treat people who are overweight. Its platform, the Allurion Program, features swallowable and procedure-less intragastric balloon for weight loss (the Allurion Balloon), as well as offers access to AI-powered remote patient monitoring tools, a proprietary behavior change program, secure messaging, and video telehealth that are delivered by the Allurion Virtual Care Suite. Allurion Technologies Inc. is headquartered in Natick, Massachusetts.

ALUR Stock Price History

ALUR Stock News Headlines

Why Is Allurion (ALUR) Stock Up 65% Today?
ALUR Apr 2024 2.500 call
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
5/14/2024
Next Earnings (Confirmed)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Fax
N/A
Employees
501
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+135.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-80,610,000.00
Pretax Margin
-150.27%

Debt

Sales & Book Value

Annual Sales
$53.47 million
Book Value
($1.48) per share

Miscellaneous

Free Float
38,282,000
Market Cap
$101.44 million
Optionable
Optionable
Beta
-0.13
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Key Executives

  • Dr. Shantanu K. Gaur M.D. (Age 37)
    Co-Founder, CEO, President & Director
    Comp: $383.86k
  • Dr. Samuel G. Levy (Age 41)
    Co-Founder
  • Mr. Christopher Geberth (Age 53)
    CFO & Treasurer
    Comp: $408.95k
  • Dr. Ram Chuttani M.D. (Age 64)
    MD, Chief Medical Officer & Founding Partner
  • Mr. Brendan Michael Gibbons (Age 48)
    Chief Legal Officer & Corporate Secretary
  • Matt Wright
    Vice President of People
  • Ms. Joyce Johnson
    Senior Vice President of RA & QA

ALUR Stock Analysis - Frequently Asked Questions

Should I buy or sell Allurion Technologies stock right now?

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

What is Allurion Technologies' stock price target for 2024?

2 Wall Street analysts have issued 1-year target prices for Allurion Technologies' stock. Their ALUR share price targets range from $5.00 to $5.00. On average, they predict the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 135.8% from the stock's current price.
View analysts price targets for ALUR
or view top-rated stocks among Wall Street analysts.

How have ALUR shares performed in 2024?

Allurion Technologies' stock was trading at $3.74 on January 1st, 2024. Since then, ALUR stock has decreased by 43.3% and is now trading at $2.12.
View the best growth stocks for 2024 here
.

Are investors shorting Allurion Technologies?

Allurion Technologies saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 526,700 shares, a decrease of 16.4% from the April 15th total of 629,700 shares. Based on an average trading volume of 991,000 shares, the short-interest ratio is presently 0.5 days. Approximately 1.5% of the shares of the company are short sold.
View Allurion Technologies' Short Interest
.

When is Allurion Technologies' next earnings date?

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

How were Allurion Technologies' earnings last quarter?

Allurion Technologies Inc. (NYSE:ALUR) released its quarterly earnings data on Thursday, March, 21st. The company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by $0.12. The business had revenue of $8.24 million for the quarter, compared to analysts' expectations of $8.20 million.

What guidance has Allurion Technologies issued on next quarter's earnings?

Allurion Technologies updated its FY 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $60.0 million-$65.0 million, compared to the consensus revenue estimate of $52.0 million.

Who are Allurion Technologies' major shareholders?

Allurion Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Allurion Technologies?

Shares of ALUR 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 (NYSE:ALUR) was last updated on 5/14/2024 by MarketBeat.com Staff

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