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Akero Therapeutics Inc (AKRO)
NASDAQ:AKRO
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AKRO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.39 - $37.00
Previous Close$34.45
Volume811.50K
Average Volume (3M)510.75K
Market Cap
$2.42B
Enterprise Value$1.70B
Total Cash (Recent Filing)$760.19M
Total Debt (Recent Filing)$35.64M
Price to Earnings (P/E)―
Beta1.58
Next Earnings
Nov 13, 2024EPS Estimate
-$0.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.41
Shares Outstanding69,430,754
10 Day Avg. Volume671,509
30 Day Avg. Volume510,746
Standard Deviation0.30
R-Squared0.00199
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)2.83
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-17.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-8.61
Forecast
1Y Price Target
$50.00Price Target Upside45.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Akero Therapeutics News
Bulls Say, Bears Say
Bulls Say
Clinical TrialsAkero announced the initiation of SYNCHRONY Outcomes, a Phase 3 trial assessing efruxifermin in MASH patients with compensated cirrhosis, fibrosis stage 4.
Drug DevelopmentEfruxifermin continues to be one of the most exciting MASH drug candidates in development from conversations and polling of physicians.
Financial HealthAkero reported Q2 2024 earnings, finishing the period with $848.3M in cash, cash equivalents, and short/long-term marketable securities, which is expected to fund operations into the second half of 2027.
Bears Say
Clinical ResultsThe Ph2b SYMMETRY trial results showed clinical failure of EFX versus placebo in fibrosis improvement.
Clinical TrialsA higher rate of discontinuations at Week 96 in the SYMMETRY trial compared to the HARMONY trial is expected due to more advanced enrolled patients.
Operational RisksKey risks to the rating and price target include unforeseen safety or tolerability issues and the inability to sufficiently fund operations.
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Ownership Overview
3.29% Insiders
25.56% Mutual Funds
2.26% Other Institutional Investors
55.92% 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
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AKRO FAQ
What was Akero Therapeutics Inc’s price range in the past 12 months?
Akero Therapeutics Inc lowest stock price was $13.39 and its highest was $37.00 in the past 12 months.
What is Akero Therapeutics Inc’s market cap?
Currently, no data Available
When is Akero Therapeutics Inc’s upcoming earnings report date?
Akero Therapeutics Inc’s upcoming earnings report date is Nov 13, 2024 which is in 4 days.
How were Akero Therapeutics Inc’s earnings last quarter?
Akero Therapeutics Inc released its earnings results on Aug 09, 2024. The company reported -$0.81 earnings per share for the quarter, beating the consensus estimate of -$0.83 by $0.02.
Is Akero Therapeutics Inc overvalued?
According to Wall Street analysts Akero Therapeutics Inc’s price is currently Undervalued.
Does Akero Therapeutics Inc pay dividends?
Akero Therapeutics Inc does not currently pay dividends.
What is Akero Therapeutics Inc’s EPS estimate?
Akero Therapeutics Inc’s EPS estimate is -$0.88.
How many shares outstanding does Akero Therapeutics Inc have?
Akero Therapeutics Inc has 69,430,756 shares outstanding.
What happened to Akero Therapeutics Inc’s price movement after its last earnings report?
Akero Therapeutics Inc reported an EPS of -$0.81 in its last earnings report, beating expectations of -$0.83. Following the earnings report the stock price went down -0.762%.
Which hedge fund is a major shareholder of Akero Therapeutics Inc?
Among the largest hedge funds holding Akero Therapeutics Inc’s share is Perceptive Advisors LLC. It holds Akero Therapeutics Inc’s shares valued at 35M.
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Akero Therapeutics Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$50.00 (45.14% Upside)
$50.00 (45.14% Upside)
Blogger Sentiment
Bearish
AKRO Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $107.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.5%
Last 30 Days ▼ 6.9%
Last 30 Days ▼ 6.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
128.75%
12-Months-Change
Fundamentals
Return on Equity
-28.87%
Trailing 12-Months
Asset Growth
30.32%
Trailing 12-Months
Company Description
Akero Therapeutics Inc
Akero Therapeutics, Inc. operates as a biotechnology company. The firm specializes in transformational treatments for non-alcoholic steatohepatitis (NASH) and other serious metabolic diseases. The company was founded by Jonathan Young and Timothy Rolph on January 24, 2017 and is headquartered in South San Francisco, CA.
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AKRO Stock 12 Month Forecast
Average Price Target
$50.00
▲(45.14% Upside)
Technical Analysis
Best Analysts Covering AKRO
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+45.55%
reiterated a buy rating 2 months ago
Copying Ed Arce's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +45.55% per trade.
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