NASDAQ:GLTO Galecto (GLTO) Stock Price, News & Analysis → It’s now possible to know the win rate of every trade… BEFORE you take it! (From WealthPress) (Ad) Free GLTO Stock Alerts $0.67 0.00 (-0.31%) (As of 05:12 PM ET) Add Compare Share Share Today's Range$0.65▼$0.7050-Day Range$0.66▼$0.8952-Week Range$0.50▼$3.70Volume26,072 shsAverage Volume226,256 shsMarket Capitalization$18.13 millionP/E RatioN/ADividend YieldN/APrice Target$5.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Galecto alerts: Email Address Galecto MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside684.3% Upside$5.33 Price TargetShort InterestHealthy0.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($1.20) to ($1.82) Per ShareSee Full Details Hide Full Details 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.2.43 out of 5 starsMedical Sector686th out of 907 stocksPharmaceutical Preparations Industry312th out of 422 stocks 3.1 Analyst's Opinion Consensus RatingGalecto has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageGalecto has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.09% of the float of Galecto has been sold short.Short Interest Ratio / Days to CoverGalecto has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Galecto has recently decreased by 42.86%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGalecto does not currently pay a dividend.Dividend GrowthGalecto does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GLTO. Previous Next 2.5 News and Social Media Coverage News SentimentGalecto has a news sentiment score of 0.56. 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 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Galecto this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Galecto to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Galecto insiders have not sold or bought any company stock.Percentage Held by Insiders12.10% of the stock of Galecto is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.20% of the stock of Galecto is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Galecto are expected to decrease in the coming year, from ($1.20) to ($1.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Galecto is -0.47, 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. SectorThe P/E ratio of Galecto is -0.47, 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 RatioGalecto has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. About Galecto Stock (NASDAQ:GLTO)Galecto, Inc., a clinical-stage biotechnology company, develops molecules for the treatment of fibrosis, cancer, inflammation, and other related diseases. The company's lead product candidate is GB2064, which is in Phase IIa for the treatment of myelofibrosis. It also develops GB0139, an inhaled small molecule inhibitor of galectin-3 that is in Phase IIb clinical trial for the treatment of fibrotic lung diseases, such as idiopathic pulmonary fibrosis, a life-threatening progressive fibrotic disease of the lung; GB2064, a selective oral small molecule inhibitor of LOXL2 that is in Phase 2a clinical trial for the treatment of myelofibrosis; and GB1211, a selective oral galectin-3 inhibitor that is in Phase IIa for the treatment of cancer, as well as in Phase Ib/IIa for fibrosis. Galecto, Inc. was founded in 2011 and is headquartered in Copenhagen, Denmark.Read More GLTO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GLTO Stock News HeadlinesApril 22, 2024 | theglobeandmail.com6 Stocks Positioned to Soar as Investors Focus on MASHApril 18, 2024 | americanbankingnews.comGalecto (NASDAQ:GLTO) Shares Down 1.9% April 25, 2024 | Insider Financial (Ad)Thousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.March 15, 2024 | msn.comGLTO Stock Earnings: Galecto Beats EPS for Q4 2023February 16, 2024 | thestreet.comGalecto Inc.February 14, 2024 | finance.yahoo.comGalecto, Inc. (GLTO) Upgraded to Strong Buy: What Does It Mean for the Stock?January 9, 2024 | finance.yahoo.comWhat Makes Galecto, Inc. (GLTO) a New Strong Buy StockDecember 23, 2023 | finanznachrichten.deGalecto, Inc.: Topline Results from MYLOX-1 Trial Demonstrate Reduction in Fibrosis of the Bone Marrow in Patients with MyelofibrosisApril 25, 2024 | Insider Financial (Ad)Thousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.December 22, 2023 | msn.comNike, AAR And 3 Stocks To Watch Heading Into FridayDecember 21, 2023 | finance.yahoo.comTopline Results from MYLOX-1 Trial Demonstrate Reduction in Fibrosis of the Bone Marrow in Patients with MyelofibrosisOctober 23, 2023 | finance.yahoo.comGalecto Presents Updated Clinical Data at ESMO Congress 2023 and Provides Update on Phase 1b/2a GALLANT-1 TrialOctober 5, 2023 | msn.comGalecto (GLTO) Price Target Increased by 13.16% to 5.48October 2, 2023 | finanznachrichten.deGalecto, Inc.: Galecto Announces Plans to Explore Strategic AlternativesSeptember 30, 2023 | msn.comHC Wainwright & Co. Downgrades Galecto (GLTO)September 27, 2023 | bizjournals.comWeeks after dropping lung disease drug, Galecto lays off most of staff, explores saleSeptember 26, 2023 | finance.yahoo.comGalecto Announces Plans to Explore Strategic AlternativesSeptember 14, 2023 | msn.comGalecto Biotech Collapse: Opportunity For Galectin TherapeuticsAugust 31, 2023 | finance.yahoo.comGalecto to Present at Investor Conferences in SeptemberAugust 22, 2023 | msn.comHC Wainwright & Co. Maintains Galecto (GLTO) Buy RecommendationAugust 21, 2023 | markets.businessinsider.comExpert Ratings for GalectoAugust 17, 2023 | finance.yahoo.comBiotech Stock Roundup: GLTO Plunges on Setback, BLUE Offers Updates & MoreAugust 16, 2023 | marketwatch.comGalecto Ends Development of Lead Candidate After IPF Study Failure >GLTOAugust 16, 2023 | finance.yahoo.comGalecto (GLTO) Down 71% as Lung Disease Candidate FailsAugust 15, 2023 | msn.comSVB Leerink Downgrades Galecto (GLTO)August 15, 2023 | bizjournals.comGalecto shares plummet after biotech drops lung disease drugAugust 15, 2023 | msn.comWhy Is Galecto Stock Plummeting Today?See More Headlines Receive GLTO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Galecto and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/08/2024Today4/25/2024Next Earnings (Estimated)4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:GLTO CUSIPN/A CIK1800315 Webgalecto.com Phone45-7070-5210FaxN/AEmployees13Year FoundedN/APrice Target and Rating Average Stock Price Target$5.33 High Stock Price Target$12.00 Low Stock Price Target$2.00 Potential Upside/Downside+696.0%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.45) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-38,350,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-93.68% Return on Assets-72.46% Debt Debt-to-Equity RatioN/A Current Ratio6.31 Quick Ratio6.31 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.19 per share Price / Book0.56Miscellaneous Outstanding Shares27,110,000Free Float23,832,000Market Cap$18.16 million OptionableOptionable Beta1.24 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesDr. Hans T. Schambye M.D. (Age 58)Ph.D., Co-Founder, President, CEO & Director Comp: $700.13kMr. Jonathan P. Freve CPA (Age 46)CPA, Chief Financial Officer Comp: $604.93kMr. Ulf J. NilssonCo-FounderDr. Hakon LefflerCo-FounderProf. Tariq Sethi B.Sc.FRCP, M.A., M.D., Ph.D., Co-FounderMr. Garrett Winslow Esq. (Age 45)Senior VP, General Counsel & Corporate Secretary More ExecutivesKey CompetitorsAlaunos TherapeuticsNASDAQ:TCRTFlora GrowthNASDAQ:FLGCNeuroSense TherapeuticsNASDAQ:NRSNBioVieNASDAQ:BIVIAptorum GroupNASDAQ:APMView All CompetitorsInsidersOrbimed Advisors LlcSold 209,400 sharesTotal: $628,200.00 ($3.00/share)Orbimed Advisors LlcSold 39,200 sharesTotal: $114,464.00 ($2.92/share)Orbimed Advisors LlcSold 194,700 sharesTotal: $467,280.00 ($2.40/share)View All Insider Transactions GLTO Stock Analysis - Frequently Asked Questions Should I buy or sell Galecto stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Galecto in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GLTO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLTO, but not buy additional shares or sell existing shares. View GLTO analyst ratings or view top-rated stocks. What is Galecto's stock price target for 2024? 5 analysts have issued twelve-month price objectives for Galecto's shares. Their GLTO share price targets range from $2.00 to $12.00. On average, they expect the company's stock price to reach $5.33 in the next twelve months. This suggests a possible upside of 684.3% from the stock's current price. View analysts price targets for GLTO or view top-rated stocks among Wall Street analysts. How have GLTO shares performed in 2024? Galecto's stock was trading at $0.72 at the beginning of the year. Since then, GLTO shares have decreased by 5.6% and is now trading at $0.68. View the best growth stocks for 2024 here. Are investors shorting Galecto? Galecto saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 18,000 shares, a decrease of 42.9% from the March 31st total of 31,500 shares. Based on an average daily volume of 221,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. View Galecto's Short Interest. When is Galecto's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our GLTO earnings forecast. How were Galecto's earnings last quarter? Galecto, Inc. (NASDAQ:GLTO) posted its earnings results on Friday, March, 8th. The company reported ($0.23) earnings per share for the quarter, topping analysts' consensus estimates of ($0.31) by $0.08. When did Galecto IPO? Galecto (GLTO) raised $86 million in an initial public offering (IPO) on Thursday, October 29th 2020. The company issued 5,700,000 shares at a price of $14.00-$16.00 per share. BofA Securities, SVB Leerink and Credit Suisse served as the underwriters for the IPO and Kempen & Co. was co-manager. How do I buy shares of Galecto? Shares of GLTO 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:GLTO) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican AlternativeThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Galecto, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
