NASDAQ:APLT

Applied Therapeutics (APLT) Stock Price, News & Analysis

$4.31
-0.15 (-3.36%)
(As of 04/24/2024 ET)
Today's Range
$4.17
$4.56
50-Day Range
$3.75
$7.40
52-Week Range
$1.09
$9.39
Volume
770,112 shs
Average Volume
1.94 million shs
Market Capitalization
$456.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.60

Applied Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
155.2% Upside
$11.00 Price Target
Short Interest
Healthy
4.70% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$2.47 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.53) to ($0.25) 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.

4.49 out of 5 stars

Medical Sector

88th out of 907 stocks

Pharmaceutical Preparations Industry

27th out of 421 stocks

APLT stock logo

About Applied Therapeutics Stock (NASDAQ:APLT)

Applied Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development of a pipeline of novel product candidates against validated molecular targets in indications of high unmet medical need in the United States. The company's lead product candidate is AT-007 (also called govorestat) that has completed phase 3 for the treatment of galactosemia in healthy volunteers and adults, in pediatric clinical study for the treatment of galactosemia in kids, for treating enzyme sorbitol dehydrogenase, and for the treatment of phosphomannomutase enzyme-CDG. It also develops AT-001 (also called caficrestat) that is in phase 3 clinical trials to treat diabetic cardiomyopathy, as well as for the treatment of diabetic peripheral neuropathy; and AT-003, which is in preclinical studies for the treatment diabetic retinopathy. The company has exclusive license and supply agreement with Mercury Pharma Group Limited to commercialize drug products containing AT-007. Applied Therapeutics, Inc. was incorporated in 2016 and is headquartered in New York, New York.

APLT Stock Price History

APLT Stock News Headlines

Applied Therapeutics, Inc. (NASDAQ:APLT) Short Interest Update
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Applied Therapeutics Rallies After Announcing Private Placement Of Shares
Why Is Applied Therapeutics (APLT) Stock Up 59% Today?
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Today
4/24/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:APLT
Fax
N/A
Employees
25
Year Founded
2017

Price Target and Rating

Average Stock Price Target
$11.60
High Stock Price Target
$14.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+168.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-119,760,000.00
Pretax Margin
-1,198.47%

Debt

Sales & Book Value

Annual Sales
$9.99 million
Book Value
($0.20) per share

Miscellaneous

Free Float
85,663,000
Market Cap
$457.44 million
Optionable
Optionable
Beta
1.81

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Key Executives

  • Dr. Shoshana Shendelman Ph.D. (Age 45)
    Chair of the Board of Directors, Founder, President, CEO & Secretary
    Comp: $813.47k
  • Mr. Les D. Funtleyder (Age 53)
    CFO, Principal Financial Officer & Independent Director
    Comp: $40k
  • Dr. Riccardo Perfetti M.D. (Age 63)
    Ph.D., Chief Medical Officer
    Comp: $858k
  • Mr. Adam Hansard (Age 47)
    Chief Commercial Officer
    Comp: $742.66k
  • Mr. Constantine Chinoporos (Age 58)
    COO & Chief Business Officer
  • Ms. Catherine Thorpe (Age 60)
    Chief Accounting Officer

APLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Applied Therapeutics stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Therapeutics in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" APLT shares.
View APLT analyst ratings
or view top-rated stocks.

What is Applied Therapeutics' stock price target for 2024?

5 brokerages have issued 12 month target prices for Applied Therapeutics' stock. Their APLT share price targets range from $7.00 to $13.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 155.2% from the stock's current price.
View analysts price targets for APLT
or view top-rated stocks among Wall Street analysts.

How have APLT shares performed in 2024?

Applied Therapeutics' stock was trading at $3.35 on January 1st, 2024. Since then, APLT stock has increased by 28.7% and is now trading at $4.31.
View the best growth stocks for 2024 here
.

Are investors shorting Applied Therapeutics?

Applied Therapeutics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,980,000 shares, an increase of 31.4% from the March 15th total of 3,790,000 shares. Based on an average daily trading volume, of 2,070,000 shares, the short-interest ratio is presently 2.4 days.
View Applied Therapeutics' Short Interest
.

When is Applied Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our APLT earnings forecast
.

How were Applied Therapeutics' earnings last quarter?

Applied Therapeutics, Inc. (NASDAQ:APLT) issued its quarterly earnings data on Wednesday, March, 6th. The company reported ($0.33) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by $0.18. The firm had revenue of ($0.67) million for the quarter.

What ETF holds Applied Therapeutics' stock?

Simplify Propel Opportunities ETF holds 2,817,505 shares of APLT stock, representing 14.71% of its portfolio.

What other stocks do shareholders of Applied Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Therapeutics investors own include Enterprise Products Partners (EPD), Pfizer (PFE), Advanced Micro Devices (AMD), Energy Transfer (ET), Micron Technology (MU), NVIDIA (NVDA), Verizon Communications (VZ), AbbVie (ABBV), Walt Disney (DIS) and RTX (RTX).

When did Applied Therapeutics IPO?

Applied Therapeutics (APLT) raised $60 million in an initial public offering on the week of May 13th 2019. The company issued 4,000,000 shares at a price of $14.00-$16.00 per share. Citigroup, Cowen and UBS Investment Bank served as the underwriters for the IPO and Baird was co-manager.

Who are Applied Therapeutics' major shareholders?

Applied Therapeutics' stock is owned by many different retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.03%). Insiders that own company stock include Charles Silberstein, Chids Mahadevan, Leslie D Funtleyder, Real Estate Equitie Alexandria, Riccardo Perfetti, Shoshana Shendelman and Stacy J Kanter.
View institutional ownership trends
.

How do I buy shares of Applied Therapeutics?

Shares of APLT 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:APLT) was last updated on 4/25/2024 by MarketBeat.com Staff

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