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NASDAQ:STTK

Shattuck Labs (STTK) Stock Price, News & Analysis

Shattuck Labs logo
$1.11 +0.01 (+0.91%)
(As of 12/24/2024 05:19 PM ET)

About Shattuck Labs Stock (NASDAQ:STTK)

Key Stats

Today's Range
$1.06
$1.12
50-Day Range
$1.01
$1.38
52-Week Range
$0.94
$11.76
Volume
32,994 shs
Average Volume
436,924 shs
Market Capitalization
$52.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.67
Consensus Rating
Hold

Company Overview

Shattuck Labs, Inc., is a clinical-stage biotechnology company that is revolutionizing the field of cancer and autoimmune disease therapeutics. Founded in 2016, Shattuck Labs set out with a mission to develop novel treatments that address significant unmet medical needs. The company's innovative approach centers around bi-functional fusion proteins derived from its proprietary Agonist Redirected Checkpoint (ARC) platform technology.

The ARC platform developed by Shattuck Labs is a groundbreaking scientific advancement. It enables the simultaneous inhibition of checkpoint molecules and activation of costimulatory molecules within a single therapeutic compound. This unique mechanism of action holds immense promise for enhancing the efficacy of cancer and autoimmune disease treatments. Shattuck Labs' lead program, SL-172154 (SIRPα-Fc-CD40L), exemplifies the power of the ARC platform. SL-172154 targets the CD47 immune checkpoint while activating the CD40 receptor, a tumor necrosis factor superfamily member. The compound is currently being evaluated in multiple Phase 1 clinical trials, with promising early results.

Shattuck Labs is committed to developing transformational medicines that significantly improve patients' lives. The company's target market encompasses individuals with cancer and autoimmune diseases who face high unmet medical needs. By addressing these critical areas, Shattuck Labs aims to profoundly impact patients' lives worldwide.

Shattuck Labs is led by a dynamic and experienced management team that drives the company's vision and execution. At the helm is Dr. Taylor H. Schreiber, co-founder and Chief Executive Officer, whose scientific expertise and strategic vision have been instrumental in the company's success. Dr. Schreiber is joined by a talented group of executives, including Dr. Abhinav A. Shukla as Chief Technical Officer, Dr. Arundathy Nirmalini Pandite as Chief Medical Officer, and Mr. Andrew R. Neill as Chief Financial Officer. Each leadership team member brings a wealth of experience and expertise, ensuring the company's continued growth and innovation.

Shattuck Labs has demonstrated financial progress. The company has grown over recent years, reflecting the increasing demand for innovative therapies. While focusing on research and development, Shattuck Labs has diligently managed costs and improved its profit margins, showcasing financial discipline and operational efficiency. These positive trends highlight the company's ability to execute its business strategy effectively.

Shattuck Labs' valuation metrics illustrate its potential for growth and attractiveness to investors. The uniqueness of its ARC platform and the promising pipeline of bi-functional fusion proteins contribute to its valuation. As the company achieves significant milestones, such as positive clinical trial results and regulatory advancements, investor sentiment is positively influenced. Shattuck Labs' valuation is often benchmarked against industry peers, providing further insights into its growth potential and market positioning.

Shattuck Labs' stock performance on NASDAQ is subject to various factors, including market conditions and news related to clinical trials and commercialization prospects. Positive clinical trial results, regulatory milestones, and successful collaborations can positively impact the company's share price. Conversely, setbacks or negative news may result in short-term fluctuations. When evaluating the company's market performance, investors must consider the long-term potential of Shattuck Labs' innovative therapies.

Shattuck Labs operates in the highly competitive pharmaceutical preparations industry. The company stands out within this industry due to its unique ARC platform, which sets it apart from traditional therapeutic approaches. The ability to simultaneously inhibit checkpoint molecules and activate costimulatory molecules provides a distinct advantage in developing more effective treatments. Shattuck Labs' competitive positioning is further strengthened by its strong scientific foundation, strategic collaborations, and focus on transformative therapies.

Shattuck Labs is well-positioned to capitalize on several growth opportunities. The company's innovative ARC platform and pipeline of bi-functional fusion proteins offer significant potential for addressing unmet medical needs in cancer and autoimmune diseases. By leveraging its expertise and scientific excellence, Shattuck Labs can continue to advance its therapies through clinical development and potentially bring life-changing treatments to patients worldwide. Strategic partnerships and collaborations are also key growth drivers for the company.

As with any biotechnology company, Shattuck Labs faces inherent risks and challenges. These include the complexities of the clinical development process, regulatory requirements, and the need for substantial investment in research and development. Managing these risks requires a robust risk management strategy, including close collaboration with regulatory authorities, rigorous scientific research, and continuous evaluation of potential mitigating factors. Shattuck Labs is committed to navigating these challenges to ensure its therapies' successful development and commercialization.

Shattuck Labs Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
55th Percentile Overall Score

STTK MarketRank™: 

Shattuck Labs scored higher than 55% of companies evaluated by MarketBeat, and ranked 495th out of 945 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shattuck Labs has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Shattuck Labs has only been the subject of 4 research reports in the past 90 days.

  • Read more about Shattuck Labs' stock forecast and price target.
  • Earnings Growth

    Earnings for Shattuck Labs are expected to grow in the coming year, from ($1.48) to ($0.83) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shattuck Labs is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shattuck Labs is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Shattuck Labs has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.09% of the float of Shattuck Labs has been sold short.
  • Short Interest Ratio / Days to Cover

    Shattuck Labs has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shattuck Labs has recently decreased by 0.94%, indicating that investor sentiment is improving.
  • Dividend Yield

    Shattuck Labs does not currently pay a dividend.

  • Dividend Growth

    Shattuck Labs does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.09% of the float of Shattuck Labs has been sold short.
  • Short Interest Ratio / Days to Cover

    Shattuck Labs has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shattuck Labs has recently decreased by 0.94%, indicating that investor sentiment is improving.
  • Search Interest

    Only 1 people have searched for STTK on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Shattuck Labs to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Shattuck Labs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $210,879.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    10.50% of the stock of Shattuck Labs is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    58.74% of the stock of Shattuck Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Shattuck Labs' insider trading history.
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STTK Stock News Headlines

Shattuck Labs Focuses on Promising Antibody Development
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TD Cowen Reaffirms Their Buy Rating on Shattuck Labs (STTK)
See More Headlines

STTK Stock Analysis - Frequently Asked Questions

Shattuck Labs' stock was trading at $7.13 at the beginning of the year. Since then, STTK stock has decreased by 84.4% and is now trading at $1.11.
View the best growth stocks for 2024 here
.

Shattuck Labs, Inc. (NASDAQ:STTK) released its quarterly earnings results on Thursday, August, 1st. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.41) by $0.01. The business's revenue for the quarter was up 704.5% on a year-over-year basis.

Shattuck Labs (STTK) raised $150 million in an initial public offering (IPO) on Friday, October 9th 2020. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. Citigroup, Cowen and Evercore ISI served as the underwriters for the IPO and Needham & Co. was co-manager.

Top institutional shareholders of Shattuck Labs include FMR LLC (15.00%), Geode Capital Management LLC (1.91%), State Street Corp (1.61%) and Pinnacle Associates Ltd. (0.96%). Insiders that own company stock include Redmile Group, Llc, Tyler Brous, Andrew R Neill, Stephen Stout, Taylor Schreiber and George Golumbeski.
View institutional ownership trends
.

Shares of STTK 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Shattuck Labs investors own include Invesco QQQ (QQQ), SPDR Dow Jones Industrial Average ETF Trust (DIA), SPDR S&P 500 ETF Trust (SPY), Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
8/01/2024
Today
12/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:STTK
Fax
N/A
Employees
100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.67
High Stock Price Target
$16.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+680.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-87,300,000.00
Net Margins
-1,156.46%
Pretax Margin
-1,156.46%

Debt

Sales & Book Value

Annual Sales
$6.44 million
Book Value
$3.41 per share

Miscellaneous

Free Float
42,727,000
Market Cap
$52.99 million
Optionable
Optionable
Beta
1.77
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This page (NASDAQ:STTK) was last updated on 12/26/2024 by MarketBeat.com Staff
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