NYSE:IKT

Inhibikase Therapeutics (IKT) Stock Price, News & Analysis

$1.71
-0.19 (-10.00%)
(As of 04/26/2024 ET)
Today's Range
$1.67
$1.82
50-Day Range
$1.37
$2.47
52-Week Range
$0.79
$4.35
Volume
98,983 shs
Average Volume
125,254 shs
Market Capitalization
$11.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.00

Inhibikase Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,478.9% Upside
$27.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Inhibikase Therapeutics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.71) to ($1.52) 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.

1.49 out of 5 stars

Medical Sector

685th out of 913 stocks

Biological Products, Except Diagnostic Industry

112th out of 146 stocks

IKT stock logo

About Inhibikase Therapeutics Stock (NYSE:IKT)

Inhibikase 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.

IKT Stock Price History

IKT Stock News Headlines

Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Inhibikase Therapeutics (NYSE:IKT) Stock Price Down 1.4%
Inhibikase Announces Pre-IND Meeting For IkT-001Pro - Quick Facts
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Q4 2023 Inhibikase Therapeutics Inc Earnings Call
Inhibikase Therapeutics Inc (IKT)
New Strong Buy Stocks for February 6th
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/26/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Fax
N/A
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.00
High Stock Price Target
$27.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+1,478.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-19,030,000.00
Net Margins
-5,886.15%
Pretax Margin
-7,290.80%

Debt

Sales & Book Value

Annual Sales
$260,000.00
Book Value
$1.78 per share

Miscellaneous

Free Float
5,162,000
Market Cap
$11.08 million
Optionable
Not Optionable
Beta
1.19
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Key Executives

  • Dr. Milton H. Werner Ph.D. (Age 60)
    CEO, President & Director
    Comp: $697.96k
  • Mr. Garth Lees-Rolfe
    Chief Financial Officer
  • Dr. Roger Rush
    Head of Preclinical Research
  • Dr. Surendra Singh
    Head of Chemistry, Manufacturing & Controls
  • Dr. Charles Warren Olanow B.Sc.
    F.R.C.P.C., M.D., CEO of Clintrex Research Corporation & Member of Scientific Advisory Board
  • Dan Williams
    Controller

IKT Stock Analysis - Frequently Asked Questions

Should I buy or sell Inhibikase Therapeutics stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inhibikase Therapeutics in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IKT shares.
View IKT analyst ratings
or view top-rated stocks.

What is Inhibikase Therapeutics' stock price target for 2024?

1 equities research analysts have issued 12-month price targets for Inhibikase Therapeutics' shares. Their IKT share price targets range from $27.00 to $27.00. On average, they anticipate the company's share price to reach $27.00 in the next year. This suggests a possible upside of 1,478.9% 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 2024?

Inhibikase Therapeutics' stock was trading at $1.27 at the beginning of the year. Since then, IKT stock has increased by 34.6% and is now trading at $1.71.
View the best growth stocks for 2024 here
.

When is Inhibikase Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our IKT earnings forecast
.

How were Inhibikase Therapeutics' earnings last quarter?

Inhibikase Therapeutics, Inc. (NYSE:IKT) released its earnings results on Wednesday, March, 27th. The company reported ($0.63) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.78) by $0.15. Inhibikase Therapeutics had a negative net margin of 5,886.15% and a negative trailing twelve-month return on equity of 107.54%.

When did Inhibikase Therapeutics' stock split?

Inhibikase Therapeutics's stock reverse split on 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 market closes 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?

Inhibikase Therapeutics (IKT) raised $15 million in an IPO on Wednesday, December 23rd 2020. The company issued 1,400,000 shares at $10.00-$12.00 per share. ThinkEquity​ (a division of Fordham Financial Management) acted as the underwriter for the IPO.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IKT) was last updated on 4/27/2024 by MarketBeat.com Staff

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