NYSE:IKT Inhibikase Therapeutics (IKT) Stock Forecast, Price & News $1.39 -0.05 (-3.47%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$1.36▼$1.4950-Day Range$1.01▼$2.6052-Week Range$0.95▼$6.94Volume34,349 shsAverage Volume47,406 shsMarket Capitalization$7.44 millionP/E RatioN/ADividend YieldN/APrice Target$27.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial Media Inhibikase Therapeutics MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1,842.4% Upside$27.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($4.39) to ($4.33) 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 stars 3.3 Analyst's Opinion Consensus RatingInhibikase Therapeutics has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Inhibikase Therapeutics has a forecasted upside of 1,842.4% from its current price of $1.39.Amount of Analyst CoverageInhibikase Therapeutics has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for IKT. Previous Next 0.0 Dividend Strength Dividend YieldInhibikase Therapeutics does not currently pay a dividend.Dividend GrowthInhibikase Therapeutics 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 IKT. Previous Next 0.0 News and Social Media Coverage MarketBeat FollowsOnly 1 people have added Inhibikase Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Inhibikase Therapeutics insiders have not sold or bought any company stock.Percentage Held by Insiders20.30% of the stock of Inhibikase Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.99% of the stock of Inhibikase Therapeutics is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Inhibikase Therapeutics are expected to grow in the coming year, from ($4.39) to ($4.33) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Inhibikase Therapeutics is -0.33, 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 Inhibikase Therapeutics is -0.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioInhibikase Therapeutics has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Inhibikase Therapeutics (NYSE:IKT) StockInhibikase Therapeutics, Inc., a clinical-stage pharmaceutical company, develops therapeutics for Parkinson's disease and related disorders. Its lead product candidate is IkT-148009, a small molecule Abelson tyrosine kinase inhibitor, which is in Phase 2a clinical trials to the treatment of Parkinson's disease and gastrointestinal tract. The company is also developing IkT-001Pro, a prodrug of the anticancer agent imatinib mesylate to treat stable phase chronic myelogenous leukemia. Inhibikase Therapeutics, Inc. has research and development collaborations with Johns Hopkins University, Arizona State University, University of Bordeaux, and Michigan State University, as well as University of California; and a collaborative research and development agreement with Sphaera Pharma Pte. Ltd. The company was founded in 2008 and is headquartered in Atlanta, Georgia.Read More IKT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IKT Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comInhibikase Therapeutics Issues a Letter to Shareholders and Comments on Recent Trading ActivityAugust 24, 2023 | finance.yahoo.comInhibikase Therapeutics Announces Development of Novel Formulation of risvodetinibSeptember 29, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.August 21, 2023 | finance.yahoo.comInhibikase Therapeutics Initiates Development of Second Generation c-Abl inhibitors and names IkT-148009 as risvodetinibAugust 18, 2023 | markets.businessinsider.comInhibikase Therapeutics (IKT) Gets a Hold from JonesTradingAugust 17, 2023 | markets.businessinsider.comInhibikase: 600 Mg IkT-001Pro Shows Bioequivalence To 400 Mg Dose Of Imatinib MesylateAugust 17, 2023 | finance.yahoo.comInhibikase Therapeutics Announces Completion of the 501 Bioequivalence Study of IkT-001ProAugust 16, 2023 | msn.comHC Wainwright & Co. Reiterates Inhibikase Therapeutics (IKT) Buy RecommendationSeptember 29, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.August 16, 2023 | finance.yahoo.comQ2 2023 Inhibikase Therapeutics Inc Earnings CallAugust 15, 2023 | finanznachrichten.deInhibikase Therapeutics, Inc.: Inhibikase Therapeutics Reports Second Quarter Financial Results and Highlights Recent Period ActivityAugust 14, 2023 | finance.yahoo.comInhibikase Therapeutics Reports Second Quarter Financial Results and Highlights Recent Period ActivityJuly 17, 2023 | finance.yahoo.comInhibikase Therapeutics Regains Compliance with Nasdaq Listing RequirementsJuly 6, 2023 | msn.comInhibikase Therapeutics (IKT) Price Target Increased by 440.00% to 27.54July 1, 2023 | finanznachrichten.deInhibikase Therapeutics, Inc.: Inhibikase Therapeutics Announces a 1-for-6 Reverse Stock SplitJune 30, 2023 | nasdaq.comHC Wainwright & Co. Maintains Inhibikase Therapeutics (IKT) Buy RecommendationJune 29, 2023 | finance.yahoo.comInhibikase Therapeutics Announces a 1-for-6 Reverse Stock SplitJune 22, 2023 | finance.yahoo.comInhibikase Therapeutics Announces Selection of the Bioequivalent Dose of IkT-001Pro and Provides Update on the '501' Bioequivalence StudyJune 21, 2023 | finance.yahoo.comInhibikase Therapeutics Initiates Medical and Patient Awareness Campaign for its Phase 2 '201' Trial Evaluating IkT-148009 in Parkinson's DiseaseMay 30, 2023 | finance.yahoo.comInhibikase Therapeutics to Present at the LD Micro Invitational XIIIMay 24, 2023 | finance.yahoo.comInhibikase Therapeutics: A Novel And Promising Approach To Neurodegeneration And OncologyMay 17, 2023 | finance.yahoo.comInhibikase Therapeutics First Quarter 2023 Earnings: US$0.16 loss per share (vs US$0.18 loss in 1Q 2022)May 16, 2023 | finance.yahoo.comInhibikase Therapeutics Announces Dosing of First Patient in its Phase 2 '201' Clinical Trial of IkT-148009 to Treat Parkinson's DiseaseMay 15, 2023 | finanznachrichten.deInhibikase Therapeutics, Inc.: Inhibikase Therapeutics Reports First Quarter Financial Results and Highlights Recent Period ActivityMay 15, 2023 | finance.yahoo.comInhibikase Therapeutics Reports First Quarter Financial Results and Highlights Recent Period ActivityMay 8, 2023 | finance.yahoo.comInhibikase Therapeutics to Report First Quarter Financial Results on May 15, 2023May 4, 2023 | finance.yahoo.comInhibikase Therapeutics to Present at the Sidoti Micro-Cap Virtual ConferenceSee More Headlines Receive IKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Inhibikase Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address IKT Company Calendar Last Earnings8/14/2023Today9/29/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNYSE:IKT CUSIPN/A CIK1750149 Webwww.inhibikase.com Phone678-392-3419FaxN/AEmployees6Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+1,842.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($4.1694) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-18,050,000.00 Net Margins-7,551.59% Pretax Margin-7,551.19% Return on Equity-83.69% Return on Assets-73.17% Debt Debt-to-Equity RatioN/A Current Ratio8.04 Quick Ratio8.04 Sales & Book Value Annual Sales$120,000.00 Price / Sales61.97 Cash FlowN/A Price / Cash FlowN/A Book Value$4.50 per share Price / Book0.31Miscellaneous Outstanding Shares5,350,000Free Float4,262,000Market Cap$7.44 million OptionableNot Optionable Beta0.79 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesDr. Milton H. Werner Ph.D. (Age 59)CEO, Pres & Director Comp: $658.19kMr. Joseph Frattaroli CPA (Age 61)Chief Financial Officer Comp: $531.83kDr. Roger RushHead of Preclinical ResearchDr. Surendra SinghHead of Chemistry, Manufacturing & ControlsDr. Charles Warren Olanow B.Sc.F.R.C.P.C., M.D., CEO of Clintrex Research Corp. & Member of Scientific Advisory BoardDan WilliamsControllerMore ExecutivesKey CompetitorsTitan PharmaceuticalsNASDAQ:TTNPCreative Medical TechnologyNASDAQ:CELZTRACON PharmaceuticalsNASDAQ:TCONFinch Therapeutics GroupNASDAQ:FNCHBioCardiaNASDAQ:BCDAView All CompetitorsInstitutional OwnershipBarclays PLCBought 11,455 shares on 9/21/2023Ownership: 0.214%State Street CorpSold 50,418 shares on 8/14/2023Ownership: 0.195%Geode Capital Management LLCSold 74,208 shares on 8/11/2023Ownership: 0.286%Renaissance Technologies LLCSold 54,578 shares on 8/11/2023Ownership: 0.246%Hamilton Lane Advisors LLCSold 69,015 shares on 8/8/2023Ownership: 0.266%View All Institutional Transactions IKT Stock - Frequently Asked Questions Should I buy or sell Inhibikase Therapeutics stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inhibikase Therapeutics in the last twelve months. 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" IKT shares. View IKT analyst ratings or view top-rated stocks. What is Inhibikase Therapeutics' stock price forecast for 2023? 2 brokers have issued 1 year target prices for Inhibikase Therapeutics' stock. Their IKT share price forecasts range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 1,842.4% from the stock's current price. View analysts price targets for IKT or view top-rated stocks among Wall Street analysts. How have IKT shares performed in 2023? Inhibikase Therapeutics' stock was trading at $3.00 at the beginning of 2023. Since then, IKT shares have decreased by 53.7% and is now trading at $1.39. View the best growth stocks for 2023 here. When is Inhibikase Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our IKT earnings forecast. How were Inhibikase Therapeutics' earnings last quarter? Inhibikase Therapeutics, Inc. (NYSE:IKT) released its quarterly earnings results on Monday, August, 14th. The company reported ($1.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.92) by $0.19. The firm earned $0.12 million during the quarter. Inhibikase Therapeutics had a negative net margin of 7,551.59% and a negative trailing twelve-month return on equity of 83.69%. When did Inhibikase Therapeutics' stock split? Shares of Inhibikase Therapeutics reverse split on the morning of Friday, June 30th 2023. The 1-6 reverse split was announced on Friday, June 30th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, June 30th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split. When did Inhibikase Therapeutics IPO? (IKT) raised $15 million in an initial public offering (IPO) on Wednesday, December 23rd 2020. The company issued 1,400,000 shares at a price of $10.00-$12.00 per share. ThinkEquity (a division of Fordham Financial Management) served as the underwriter for the IPO. What is Inhibikase Therapeutics' stock symbol? Inhibikase Therapeutics trades on the New York Stock Exchange (NYSE) under the ticker symbol "IKT." How do I buy shares of Inhibikase Therapeutics? Shares of IKT 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 Inhibikase Therapeutics' stock price today? One share of IKT stock can currently be purchased for approximately $1.39. How much money does Inhibikase Therapeutics make? Inhibikase Therapeutics (NYSE:IKT) has a market capitalization of $7.44 million and generates $120,000.00 in revenue each year. The company earns $-18,050,000.00 in net income (profit) each year or ($4.1694) on an earnings per share basis. How can I contact Inhibikase Therapeutics? The official website for the company is www.inhibikase.com. The company can be reached via phone at 678-392-3419 or via email at alex.lobo@sternir.com. This page (NYSE:IKT) was last updated on 9/29/2023 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 Inhibikase Therapeutics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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