Free Trial
NASDAQ:ABCL

AbCellera Biologics (ABCL) Stock Price, News & Analysis

$2.39
-0.04 (-1.65%)
(As of 09/6/2024 ET)
Today's Range
$2.36
$2.47
50-Day Range
$2.39
$3.49
52-Week Range
$2.36
$6.05
Volume
1.83 million shs
Average Volume
1.56 million shs
Market Capitalization
$702.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.20

AbCellera Biologics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
494.1% Upside
$14.20 Price Target
Short Interest
Bearish
8.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of AbCellera Biologics in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.55) to ($0.71) 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.

1.62 out of 5 stars

Medical Sector

623rd out of 910 stocks

Pharmaceutical Preparations Industry

285th out of 426 stocks

ABCL stock logo

About AbCellera Biologics Stock (NASDAQ:ABCL)

AbCellera Biologics Inc. builds an engine for antibody drug discovery and development. Its engine discovers antibodies from natural immune responses, which are pre-enriched for antibodies. The company's preclinical products are ABCL635 for metabolic and endocrine conditions; and ABCL575 for atopic dermatitis. It has a research collaboration and license agreement with Eli Lilly and Company; and a research collaboration with Confo Therapeutics for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets, as well as strategic collaboration with Biogen Inc. to discover therapeutic antibodies for neurological conditions. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.

ABCL Stock Price History

ABCL Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
AbCellera Biologics (NASDAQ:ABCL) Shares Gap Up to $2.53
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
KeyBanc Keeps Their Buy Rating on AbCellera Biologics (ABCL)
AbCellera: A Waiting Game With High Uncertainty
ABCL Sep 2024 2.000 call
See More Headlines
Receive ABCL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for AbCellera Biologics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ABCL
Fax
N/A
Employees
586
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.20
High Stock Price Target
$20.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+494.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-146,400,000.00
Net Margins
-463.77%
Pretax Margin
-540.95%

Debt

Sales & Book Value

Annual Sales
$33.05 million
Book Value
$3.77 per share

Miscellaneous

Free Float
198,633,000
Market Cap
$702.79 million
Optionable
Optionable
Beta
0.37
20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report

Key Executives

  • Dr. Carl L.G. Hansen Ph.D. (Age 49)
    CEO, President & Chairperson
    Comp: $711.47k
  • Mr. Andrew Booth M.B.A.Mr. Andrew Booth M.B.A. (Age 50)
    Chief Financial Officer
    Comp: $642.42k
  • Dr. Veronique Lecault Ph.D. (Age 39)
    COO & Director
    Comp: $645.07k
  • Mr. Tryn T. Stimart Esq. (Age 54)
    J.D., M.Sc., Chief Legal Officer, CCO, Compliance Officer, Corporate Secretary & Privacy Officer
    Comp: $644.4k
  • Mr. Neil Aubuchon B.A. (Age 53)
    M.B.A., Chief Commercial Officer
    Comp: $684.81k
  • Marcie Thiessen CPA
    CGA, Senior Director of Finance & Accounting
  • Dr. Ester Falconer Ph.D. (Age 49)
    Chief Technology Officer
  • Kathleen Reid B.A.
    Head of Corporate Communications
  • Graham Craig M.Sc.
    Director of Corporate Development
  • Mr. Murray McCutcheon Ph.D.
    Senior Vice President of Partnering

ABCL Stock Analysis - Frequently Asked Questions

How have ABCL shares performed this year?

AbCellera Biologics' stock was trading at $5.71 on January 1st, 2024. Since then, ABCL stock has decreased by 58.1% and is now trading at $2.39.
View the best growth stocks for 2024 here
.

How were AbCellera Biologics' earnings last quarter?

AbCellera Biologics Inc. (NASDAQ:ABCL) released its quarterly earnings data on Tuesday, August, 6th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm's revenue was down 27.7% compared to the same quarter last year.

When did AbCellera Biologics IPO?

AbCellera Biologics (ABCL) raised $356 million in an initial public offering (IPO) on Friday, December 11th 2020. The company issued 23,000,000 shares at $14.00-$17.00 per share. Credit Suisse, Stifel, Berenberg, SVB Leerink and BMO Capital Markets acted as the underwriters for the IPO.

Who are AbCellera Biologics' major shareholders?

AbCellera Biologics' top institutional investors include Baillie Gifford & Co. (7.45%), Federated Hermes Inc. (0.93%), Renaissance Technologies LLC (0.59%) and Intellectus Partners LLC (0.19%). Insiders that own company stock include Holdings Ltd Thermopylae, Veronique Lecault, Andrew Booth, Andrew Lo and John S Montalbano.
View institutional ownership trends
.

How do I buy shares of AbCellera Biologics?

Shares of ABCL 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 (NASDAQ:ABCL) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners