NASDAQ:STTK

Shattuck Labs (STTK) Stock Price, News & Analysis

$9.49
+0.19 (+2.04%)
(As of 04/23/2024 ET)
Today's Range
$9.22
$9.78
50-Day Range
$8.27
$10.13
52-Week Range
$1.33
$11.11
Volume
318,756 shs
Average Volume
261,747 shs
Market Capitalization
$450.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

Shattuck Labs MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
110.7% Upside
$20.00 Price Target
Short Interest
Bearish
4.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.19mentions of Shattuck Labs in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$168,522 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.85) to ($1.93) 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.

1.10 out of 5 stars

Medical Sector

763rd out of 909 stocks

Pharmaceutical Preparations Industry

355th out of 425 stocks

STTK stock logo

About Shattuck Labs Stock (NASDAQ:STTK)

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.

STTK Stock Price History

STTK Stock News Headlines

STTK May 2024 7.500 call
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
STTK Apr 2024 17.500 call
STTK Apr 2024 7.500 put
Shattuck Labs (STTK) Receives a Buy from TD Cowen
STTK Mar 2024 17.500 call
STTK Mar 2024 5.000 put
STTK Mar 2024 10.000 call
STTK Mar 2024 10.000 put
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/23/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:STTK
Fax
N/A
Employees
75
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$28.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+110.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-87,300,000.00
Net Margins
-5,268.44%
Pretax Margin
-5,268.44%

Debt

Sales & Book Value

Annual Sales
$1.66 million
Book Value
$3.41 per share

Miscellaneous

Free Float
42,984,000
Market Cap
$450.49 million
Optionable
Optionable
Beta
2.11
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Key Executives

  • Dr. Taylor H. Schreiber M.D. (Age 44)
    Ph.D., Co-Founder, CEO & Director
    Comp: $783.75k
  • Dr. Abhinav A. Shukla Ph.D. (Age 51)
    Chief Technical Officer
    Comp: $567.4k
  • Dr. Arundathy Nirmalini Pandite M.B.A. (Age 64)
    M.D., Chief Medical Officer
    Comp: $678.76k
  • Mr. Andrew R. Neill M.B.A.Mr. Andrew R. Neill M.B.A. (Age 38)
    Chief Financial Officer
  • Mr. Conor Richardson CPA
    Vice President of Investor Relations
  • Dr. Stephen Stout J.D.
    Ph.D., General Counsel, Corporate Secretary and Chief Ethics & Compliance Officer
  • Ms. Casi DeYoung (Age 53)
    Chief Business Officer
    Comp: $523.48k
  • Dr. Thomas Lampkin Pharm.D.
    Senior Vice President of Regulatory Affairs
  • Mr. George Fromm Ph.D.
    Chief Scientific Officer of ARC Platform
  • Mr. Suresh de Silva Ph.D.
    Chief Scientific Officer of GADLEN Platform

STTK Stock Analysis - Frequently Asked Questions

Should I buy or sell Shattuck Labs stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shattuck Labs in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" STTK shares.
View STTK analyst ratings
or view top-rated stocks.

What is Shattuck Labs' stock price target for 2024?

2 equities research analysts have issued 12 month price targets for Shattuck Labs' shares. Their STTK share price targets range from $12.00 to $28.00. On average, they anticipate the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 110.7% from the stock's current price.
View analysts price targets for STTK
or view top-rated stocks among Wall Street analysts.

How have STTK shares performed in 2024?

Shattuck Labs' stock was trading at $7.13 at the beginning of 2024. Since then, STTK shares have increased by 33.1% and is now trading at $9.49.
View the best growth stocks for 2024 here
.

When is Shattuck Labs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our STTK earnings forecast
.

How were Shattuck Labs' earnings last quarter?

Shattuck Labs, Inc. (NASDAQ:STTK) posted its quarterly earnings results on Thursday, February, 29th. The company reported ($0.41) EPS for the quarter, beating analysts' consensus estimates of ($0.51) by $0.10. The business had revenue of $0.71 million for the quarter, compared to analyst estimates of $0.50 million. Shattuck Labs had a negative trailing twelve-month return on equity of 63.08% and a negative net margin of 5,268.44%.

When did Shattuck Labs IPO?

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

Who are Shattuck Labs' major shareholders?

Shattuck Labs' stock is owned by many different retail and institutional investors. Top institutional investors include Cannon Global Investment Management LLC (0.02%). Insiders that own company stock include Andrew R Neill, Erin Ator Thomson, George Golumbeski, Josiah Hornblower, Stephen Stout, Taylor Schreiber and Tyler Brous.
View institutional ownership trends
.

How do I buy shares of Shattuck Labs?

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.

This page (NASDAQ:STTK) was last updated on 4/24/2024 by MarketBeat.com Staff

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