Alector Inc (ALEC): Not A Time To Panic Nor Freeze

Alector Inc (ALEC) concluded trading on Thursday at a closing price of $0.92, with 0.47 million shares of worth about $0.43 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -81.85% during that period and on April 17, 2025 the price saw a loss of about -5.95%. Currently the company’s common shares owned by public are about 99.09M shares, out of which, 74.94M shares are available for trading.

Stock saw a price change of 1.75% in past 5 days and over the past one month there was a price change of -30.82%. Year-to-date (YTD), ALEC shares are showing a performance of -51.32% which decreased to -82.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.87 but also hit the highest price of $6.78 during that period. The average intraday trading volume for Alector Inc shares is 638.83K. The stock is currently trading -17.68% below its 20-day simple moving average (SMA20), while that difference is down -34.26% for SMA50 and it goes to -73.35% lower than SMA200.

Alector Inc (NASDAQ: ALEC) currently have 99.09M outstanding shares and institutions hold larger chunk of about 68.32% of that.

The stock has a current market capitalization of $91.17M and its 3Y-monthly beta is at 0.82. It has posted earnings per share of -$1.24 in the same period. It has Quick Ratio of 3.40 while making debt-to-equity ratio of 0.34. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALEC, volatility over the week remained 9.32% while standing at 9.25% over the month.

Analysts are in expectations that Alector Inc (ALEC) stock would likely to be making an EPS of -0.46 in the current quarter, while forecast for next quarter EPS is -0.48 and it is -1.34 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.53 which is -0.41 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.38 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -63.83% while it is estimated to increase by 20.06% in next year. EPS is likely to shrink at an annualized rate of 4.34% for next 5-years, compared to annual growth of 6.31% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on December 17, 2024 offering a Neutral rating for the stock and assigned a target price range of between $9 and $2.50 to it. Coverage by Stifel stated Alector Inc (ALEC) stock as a Hold in their note to investors on December 16, 2024, suggesting a price target of $4 for the stock. On December 04, 2024, BofA Securities Downgrade their recommendations, while on November 29, 2024, H.C. Wainwright Reiterated their ratings for the stock with a price target of $7. Stock get an Underweight rating from Morgan Stanley on November 26, 2024.

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