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NASDAQ:ALLO

Allogene Therapeutics (ALLO) Stock Price, News & Analysis

$2.41
-0.10 (-3.98%)
(As of 09/6/2024 ET)
Today's Range
$2.37
$2.57
50-Day Range
$2.08
$3.50
52-Week Range
$2.01
$5.78
Volume
1.10 million shs
Average Volume
2.55 million shs
Market Capitalization
$503.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.96

Allogene Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
313.1% Upside
$9.96 Price Target
Short Interest
Bearish
28.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.89mentions of Allogene Therapeutics in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.38) to ($1.47) 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.

2.99 out of 5 stars

Medical Sector

335th out of 910 stocks

Biological Products, Except Diagnostic Industry

50th out of 155 stocks

ALLO stock logo

About Allogene Therapeutics Stock (NASDAQ:ALLO)

Allogene Therapeutics, Inc., a clinical stage immuno-oncology company, develops and commercializes genetically engineered allogeneic T cell therapies for the treatment of cancer. It develops, manufactures, and commercializes UCART19, an allogeneic chimeric antigen receptor (CAR) T cell product candidate for the treatment of pediatric and adult patients with R/R CD19 positive B-cell acute lymphoblastic leukemia (ALL). The company also develops cemacabtagene ansegedleucel, an engineered allogeneic CAR T cell product candidate that targets CD19 for the treatment of large B-cell lymphoma; and is in Phase 1b clinical trial for the treatment of chronic lymphocytic leukemia. In addition, it is developing ALLO-715, an allogeneic CAR T cell product candidate that is in a Phase 1 clinical trial for treating R/R multiple myeloma; ALLO-605, an allogeneic CAR T cell product candidate that is in a Phase I clinical trial for the treatment of multiple myeloma; ALLO-647, an anti-CD52 monoclonal antibody; CD70 to treat renal cell cancer; ALLO-316, an allogeneic CAR T cell product candidate that is in Phase 1 clinical trial for the treatment of advanced or metastatic RCC; ALLO-329 for the treatment of certain autoimmune diseases; DLL3 for the treatment of small cell lung cancer and other aggressive neuroendocrine tumors; and Claudin 18.2 for the treatment of gastric and pancreatic cancer. The company has license and collaboration agreements with Pfizer Inc.; Servier; Cellectis S.A.; and Notch Therapeutics Inc. It also has a strategic collaboration agreement with The University of Texas MD Anderson Cancer Center for the preclinical and clinical investigation of allogeneic CAR T cell product candidates; and a strategic partnership with Foresight Diagnostics to develop MRD-based In-Vitro Diagnostic for use in ALPHA3. The company was incorporated in 2017 and is headquartered in South San Francisco, California.

ALLO Stock Price History

ALLO Stock News Headlines

3 Hot Penny Stocks to Buy With $1000
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
Here's what to expect from Allogene Therapeutics's earnings
See More Headlines
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Company Calendar

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

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:ALLO
Fax
N/A
Employees
232
Year Founded
2018

Price Target and Rating

Average Stock Price Target
$9.96
High Stock Price Target
$14.00
Low Stock Price Target
$4.60
Potential Upside/Downside
+313.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$-327,270,000.00
Net Margins
-223,139.98%
Pretax Margin
-324,910.44%

Debt

Sales & Book Value

Annual Sales
$65,000.00
Book Value
$2.46 per share

Miscellaneous

Free Float
158,213,000
Market Cap
$503.69 million
Optionable
Optionable
Beta
0.83

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Key Executives

  • Dr. Arie S. Belldegrun F.A.C.S. (Age 75)
    M.D., Co-Founder & Executive Chairman
    Comp: $649.1k
  • Dr. David D. Chang M.D. (Age 64)
    Ph.D., Co-Founder, President, CEO & Director
    Comp: $994.6k
  • Mr. Joshua A. Kazam (Age 47)
    Co-Founder & Director
    Comp: $260.5k
  • Mr. Timothy L. Moore Ph.D. (Age 63)
    Executive VP & Chief Technical Officer
    Comp: $554.35k
  • Dr. Zachary J. Roberts M.D. (Age 46)
    Ph.D., Executive VP of Research & Development and Chief Medical Officer
    Comp: $747.39k
  • Mr. Geoffrey M. Parker (Age 59)
    Executive VP & CFO
  • Ms. Annie Yoshiyama (Age 40)
    Senior VP, Corporate Controller & Principal Accounting Officer
  • Mr. Earl M. Douglas Esq. (Age 61)
    Senior VP, General Counsel, Compliance Officer & Corporate Secretary
  • Ms. Susan R. Lundeen (Age 58)
    Chief People Officer
  • Ms. Christine Cassiano
    Executive VP, Chief Corporate Affairs & Brand Strategy Officer

ALLO Stock Analysis - Frequently Asked Questions

How have ALLO shares performed this year?

Allogene Therapeutics' stock was trading at $3.21 at the start of the year. Since then, ALLO shares have decreased by 24.9% and is now trading at $2.41.
View the best growth stocks for 2024 here
.

How were Allogene Therapeutics' earnings last quarter?

Allogene Therapeutics, Inc. (NASDAQ:ALLO) released its quarterly earnings results on Wednesday, August, 7th. The company reported ($0.32) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.03. Allogene Therapeutics had a negative net margin of 223,139.98% and a negative trailing twelve-month return on equity of 50.24%.

What is David Chang's approval rating as Allogene Therapeutics' CEO?

2 employees have rated Allogene Therapeutics Chief Executive Officer David Chang on Glassdoor.com. David Chang has an approval rating of 100% among the company's employees. This puts David Chang in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Allogene Therapeutics IPO?

Allogene Therapeutics (ALLO) raised $272 million in an initial public offering (IPO) on Thursday, October 11th 2018. The company issued 16,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan, Cowen and Jefferies acted as the underwriters for the IPO.

Who are Allogene Therapeutics' major shareholders?

Allogene Therapeutics' top institutional shareholders include Primecap Management Co. CA (2.71%), Perceptive Advisors LLC (1.30%), Dimensional Fund Advisors LP (1.22%) and Lynx1 Capital Management LP (1.07%). Insiders that own company stock include Arie Belldegrun, Veer Bhavnagri, Rafael Amado, Franz B Humer, Owen N Witte, David D Chang, Alison Moore and Eric Thomas Schmidt.
View institutional ownership trends
.

How do I buy shares of Allogene Therapeutics?

Shares of ALLO 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.

What other stocks do shareholders of Allogene Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allogene Therapeutics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), Pfizer (PFE), Teladoc Health (TDOC) and AbbVie (ABBV).

This page (NASDAQ:ALLO) was last updated on 9/7/2024 by MarketBeat.com Staff

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