Akero Therapeutics (AKRO) Stock Price, News & Analysis

Company Overview

Akero Therapeutics, Inc., together with its subsidiary, engages in the development of treatments for patients with serious metabolic diseases in the United States. The company's lead product candidate is efruxifermin (EFX), which is in Phase 3 clinical trials that protects against cellular stress and regulates the metabolism of lipids, carbohydrates, and proteins throughout the body for the treatment of biopsy-confirmed metabolic dysfunction-associated steatohepatitis (MASH) patients. It has a license agreement with Amgen Inc. to develop, manufacture, use, distribute, and sell EFX as a treatment for MASH and other metabolic diseases. The company was formerly known as Pippin Pharmaceuticals, Inc. and changed its name to Akero Therapeutics, Inc. in May 2018. Akero Therapeutics, Inc. was incorporated in 2017 and is headquartered in South San Francisco, California.

Key Stats

• Today's Range: $28.09 to $29.77
• 50-Day Range: $28.09 to $35.28
• 52-Week Range: $15.32 to $37.00
• Volume: 1.56 million shs
• Average Volume: 844,736 shs
• Market Capitalization: $2.05 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $46.83
• Consensus Rating: Moderate Buy

Akero Therapeutics Stock Analysis - MarketRank™

Akero Therapeutics scored higher than 82% of companies evaluated by MarketBeat, and ranked 191st out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Akero Therapeutics has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Akero Therapeutics has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Akero Therapeutics are expected to decrease in the coming year, from ($3.96) to ($4.71) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Akero Therapeutics is -7.82, 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 Akero Therapeutics is -7.82, 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

Akero Therapeutics has a P/B Ratio of 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.71% of the outstanding shares of Akero Therapeutics have been sold short.

Short Interest Ratio / Days to Cover

Akero Therapeutics has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Akero Therapeutics has recently decreased by 9.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Akero Therapeutics does not currently pay a dividend.

Dividend Growth

Akero Therapeutics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.7 / 5
• Environmental Score: -0.75

Percentage of Shares Shorted

4.71% of the outstanding shares of Akero Therapeutics have been sold short.

Short Interest Ratio / Days to Cover

Akero Therapeutics has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Akero Therapeutics has recently decreased by 9.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.75

News Sentiment

Akero Therapeutics has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Akero Therapeutics this week, compared to 7 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Akero Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,396,400.00 in company stock.

Percentage Held by Insiders

Only 7.94% of the stock of Akero Therapeutics is held by insiders.

AKRO Stock Analysis - Frequently Asked Questions

How have AKRO shares performed this year?

Akero Therapeutics' stock was trading at $23.35 at the beginning of the year. Since then, AKRO shares have increased by 25.7% and is now trading at $29.34.
View the best growth stocks for 2024 here.

How were Akero Therapeutics' earnings last quarter?

Akero Therapeutics, Inc. (NASDAQ:AKRO) posted its quarterly earnings results on Friday, November, 8th. The company reported ($1.05) EPS for the quarter, missing the consensus estimate of ($0.90) by $0.15.

When did Akero Therapeutics IPO?

Akero Therapeutics (AKRO) raised $75 million in an initial public offering (IPO) on Thursday, June 20th 2019. The company issued 5,000,000 shares at $14.00-$16.00 per share. J.P. Morgan, Jefferies and Evercore ISI acted as the underwriters for the IPO and Roth Capital Partners was co-manager.

Who are Akero Therapeutics' major shareholders?

Akero Therapeutics' top institutional shareholders include Wellington Management Group LLP (11.31%), Janus Henderson Group PLC (10.14%), RTW Investments LP (8.48%) and Alkeon Capital Management LLC (4.76%). Insiders that own company stock include Skorpios Trust, G Walmsley Graham, Andrew Cheng, Jonathan Young, Timothy Rolph, Seth Loring Harrison, Catriona Yale, William Richard White, Patrick Lamy and Tomas J Heyman.
View institutional ownership trends.

How do I buy shares of Akero Therapeutics?

Shares of AKRO 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 Akero Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Akero Therapeutics investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:AKRO
• CUSIP: N/A
• CIK: 1744659
• Web: www.akerotx.com
• Phone: (650) 487-6488
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $46.83
• High Stock Price Target: $65.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +59.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.75)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-151,760,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -32.46%
• Return on Assets: -29.83%

Debt

• Debt-to-Equity Ratio: 0.05
• Current Ratio: 17.25
• Quick Ratio: 17.25

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $9.61 per share
• Price / Book: 3.05

Miscellaneous

• Outstanding Shares: 69,799,000
• Free Float: 64,257,000
• Market Cap: $2.05 billion
• Optionable: Optionable
• Beta: -0.23