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Aerovate Therapeutics (AVTE)
NASDAQ:AVTE
RESEARCH TOOLSreports
Aerovate Therapeutics (AVTE) Stock Price & Analysis
80 Followers
AVTE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.41 - $32.42
Previous Close$25.24
Volume79.48K
Average Volume (3M)138.50K
Market Cap
$692.67M
Enterprise Value$581.50M
Total Cash (Recent Filing)$122.44M
Total Debt (Recent Filing)$675.00K
Price to Earnings (P/E)-8.8
Beta0.95
Next Earnings
May 13, 2024EPS Estimate
-$0.77Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.87
Shares Outstanding27,862,961
10 Day Avg. Volume179,578
30 Day Avg. Volume138,496
Standard Deviation0.29
R-Squared0.05
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)6.43
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-11.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-7.31
Forecast
1Y Price Target
$50.00Price Target Upside101.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Aerovate Therapeutics News
PremiumCompany Announcements
Aerovate Therapeutics Announces Upcoming Investor Presentation Access
Ownership Overview
50.23% Insiders
5.77% Mutual Funds
3.79% Other Institutional Investors
40.21% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
AVTE FAQ
What was Aerovate Therapeutics’s price range in the past 12 months?
Aerovate Therapeutics lowest stock price was $9.41 and its highest was $32.41 in the past 12 months.
What is Aerovate Therapeutics’s market cap?
Currently, no data Available
When is Aerovate Therapeutics’s upcoming earnings report date?
Aerovate Therapeutics’s upcoming earnings report date is May 13, 2024 which is in 24 days.
How were Aerovate Therapeutics’s earnings last quarter?
Aerovate Therapeutics released its earnings results on Mar 25, 2024. The company reported -$0.74 earnings per share for the quarter, missing the consensus estimate of -$0.679 by -$0.061.
Is Aerovate Therapeutics overvalued?
According to Wall Street analysts Aerovate Therapeutics’s price is currently Undervalued.
Does Aerovate Therapeutics pay dividends?
Aerovate Therapeutics does not currently pay dividends.
What is Aerovate Therapeutics’s EPS estimate?
Aerovate Therapeutics’s EPS estimate is -$0.77.
How many shares outstanding does Aerovate Therapeutics have?
Aerovate Therapeutics has 27,862,960 shares outstanding.
What happened to Aerovate Therapeutics’s price movement after its last earnings report?
Aerovate Therapeutics reported an EPS of -$0.74 in its last earnings report, missing expectations of -$0.679. Following the earnings report the stock price went down -4.824%.
Which hedge fund is a major shareholder of Aerovate Therapeutics?
Among the largest hedge funds holding Aerovate Therapeutics’s share is RA Capital Management. It holds Aerovate Therapeutics’s shares valued at 187M.
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Aerovate Therapeutics Stock Smart Score
Neutral
1
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Analyst Consensus
Strong Buy
Average Price Target:
$50.00 (101.13% Upside)
$50.00 (101.13% Upside)
Blogger Sentiment
Bullish
AVTE Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 405.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $334.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.30%
12-Months-Change
Fundamentals
Return on Equity
-63.95%
Trailing 12-Months
Asset Growth
-5.83%
Trailing 12-Months
Company Description
Aerovate Therapeutics
Aerovate Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing drugs that improve the lives of patients with rare cardiopulmonary disease. Its initial focus is on advancing AV-101, dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension, a devastating disease impacting people in the United States and Europe.
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AVTE Stock 12 Months Forecast
Average Price Target
$50.00
▲(101.13% Upside)
Technical Analysis
Best Analysts Covering AVTE
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+46.30%
assigned a buy rating 24 days ago
Copying Joseph Thome's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +46.30% per trade.
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