With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $7.08 whereas the lowest price it dropped to was $6.81. The 52-week range on ALDX shows that it touched its highest point at $7.20 and its lowest point at $2.71 during that stretch. It currently has a 1-year price target of $10.29. Beta for the stock currently stands at 0.78.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALDX was up-trending over the past week, with a rise of 8.82%, but this was up by 14.69% over a month. Three-month performance surged to 30.62% while six-month performance rose 11.63%. The stock gained 129.95% in the past year, while it has gained 38.48% so far this year. A look at the trailing 12-month EPS for ALDX yields -0.94 with Next year EPS estimates of -0.57. For the next quarter, that number is -0.24. This implies an EPS growth rate of 68.79% for this year and -95.68% for next year.
Float and Shares Shorts:
At present, 59.65 million ALDX shares are outstanding with a float of 57.98 million shares on hand for trading. On 2025-02-28, short shares totaled 3.61 million, which was 605.0000299999999 higher than short shares on 1738281600. In addition to Dr. Todd C. Brady M.D., Ph.D. as the firm’s CEO, President & Director, Dr. Stephen G. Machatha Ph.D. serves as its Chief Development Officer.
Institutional Ownership:
Through their ownership of 0.63068 of ALDX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, ALDX reported revenue of $0.0 and operating income of -$16577784.0. The EBITDA in the recently reported quarter was -$15273531.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALDX since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALDX analysts setting a high price target of 12.0 and a low target of 8.0, the average target price over the next 12 months is 10.0. Based on these targets, ALDX could surge 73.66% to reach the target high and rise by 15.77% to reach the target low. Reaching the average price target will result in a growth of 44.72% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.88009 being high and -$0.96102 being low. For ALDX, this leads to a yearly average estimate of -$0.93067. Based on analyst estimates, the high estimate for the next quarter is $2.48 and the low estimate is -$0.26. The average estimate for the next quarter is thus $0.61.
