NASDAQ:CALT

Calliditas Therapeutics AB (publ) (CALT) Stock Price, News & Analysis

$17.88
-0.20 (-1.11%)
(As of 01:39 PM ET)
Today's Range
$17.50
$19.19
50-Day Range
$17.55
$23.18
52-Week Range
$15.25
$29.30
Volume
1,453 shs
Average Volume
7,920 shs
Market Capitalization
$532.65 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.00

Calliditas Therapeutics AB (publ) MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
77.2% Upside
$34.00 Price Target
Short Interest
Healthy
0.01% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.40mentions of Calliditas Therapeutics AB (publ) in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1,089.66%
From $0.29 to $3.45 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.

2.86 out of 5 stars

Medical Sector

388th out of 910 stocks

Pharmaceutical Preparations Industry

174th out of 426 stocks

CALT stock logo

About Calliditas Therapeutics AB (publ) Stock (NASDAQ:CALT)

Calliditas Therapeutics AB (publ), a commercial-stage specialty pharmaceutical company, focused on identifying, developing, and commercializing pharmaceuticals products for treatments in orphan indications with initial focus on renal and hepatic diseases. It offers Nefecon, an oral formulation of budesonide that is an immunosuppressant for the treatment of the autoimmune renal disease immunoglobulin A nephropathy. The company's lead product candidate is Setanaxib, a NOX inhibitor that is in Phase 2b/3 clinical trial for the treatment of primary biliary cholangitis; and in Phase 2 clinical trial for the treatment of squamous cell carcinoma of the head and neck cancer and idiopathic pulmonary fibrosis, as well as for type 1 diabetic kidney disease. It also develops Budenofalk 3 mg oral capsules for the treatment of autoimmune hepatitis. The company was founded in 2004 and is headquartered in Stockholm, Sweden.

CALT Stock Price History

CALT Stock News Headlines

Calliditas Therapeutics AB (publ) (NASDAQ:CALT) Shares Up 3.4%
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Calliditas Therapeutics: Strong Sales and FDA Approval Propel Buy Rating
Calliditas Year-end report, January - December 2023
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/23/2024
Next Earnings (Estimated)
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CALT
Fax
N/A
Employees
192
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$34.00
High Stock Price Target
$50.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+86.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-43,960,000.00
Pretax Margin
-37.87%

Debt

Sales & Book Value

Annual Sales
$113.78 million
Book Value
$1.06 per share

Miscellaneous

Free Float
29,135,000
Market Cap
$544.26 million
Optionable
Optionable
Beta
1.51

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Key Executives

  • Ms. Renee Aguiar-Lucander (Age 62)
    Chief Executive Officer
    Comp: $8.99M
  • Mr. Fredrik Johansson (Age 47)
    Chief Financial Officer
  • Dr. Johan Haggblad Ph.D. (Age 66)
    Chief Scientific Officer
    Comp: $1.66M
  • Mr. Brian Gorman (Age 48)
    Group General Counsel
  • Ms. Sandra Frithiof (Age 49)
    Head of Human Resources
  • Ms. Ann-Kristin Myde BSc (Age 69)
    Head of Clinical Development & VP of Project Management
  • Dr. Krassimir Mitchev (Age 65)
    Head of Medical Affairs
  • Dr. Richard S. Philipson M.D. (Age 60)
    Chief Medical Officer
  • Ms. Teona Johnson
    Head of US Marketing
  • Mr. David Ferraro
    Head of US Sales

CALT Stock Analysis - Frequently Asked Questions

Should I buy or sell Calliditas Therapeutics AB (publ) stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calliditas Therapeutics AB (publ) in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CALT shares.
View CALT analyst ratings
or view top-rated stocks.

What is Calliditas Therapeutics AB (publ)'s stock price target for 2024?

2 Wall Street research analysts have issued 1 year price targets for Calliditas Therapeutics AB (publ)'s shares. Their CALT share price targets range from $18.00 to $50.00. On average, they anticipate the company's share price to reach $34.00 in the next year. This suggests a possible upside of 77.2% from the stock's current price.
View analysts price targets for CALT
or view top-rated stocks among Wall Street analysts.

How have CALT shares performed in 2024?

Calliditas Therapeutics AB (publ)'s stock was trading at $25.74 at the start of the year. Since then, CALT shares have decreased by 25.4% and is now trading at $19.19.
View the best growth stocks for 2024 here
.

Are investors shorting Calliditas Therapeutics AB (publ)?

Calliditas Therapeutics AB (publ) saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 3,200 shares, a decline of 56.2% from the March 15th total of 7,300 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is presently 0.4 days.
View Calliditas Therapeutics AB (publ)'s Short Interest
.

When is Calliditas Therapeutics AB (publ)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our CALT earnings forecast
.

How were Calliditas Therapeutics AB (publ)'s earnings last quarter?

Calliditas Therapeutics AB (publ) (NASDAQ:CALT) posted its earnings results on Wednesday, February, 21st. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.02. The company earned $42.45 million during the quarter, compared to analysts' expectations of $36.24 million. Calliditas Therapeutics AB (publ) had a negative trailing twelve-month return on equity of 104.47% and a negative net margin of 38.72%. During the same quarter last year, the business posted ($0.01) earnings per share.

What other stocks do shareholders of Calliditas Therapeutics AB (publ) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calliditas Therapeutics AB (publ) investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Chimerix (CMRX), CTI BioPharma (CTIC), DRDGOLD (DRD), Forte Biosciences (FBRX).

When did Calliditas Therapeutics AB (publ) IPO?

Calliditas Therapeutics AB (publ) (CALT) raised $179 million in an initial public offering (IPO) on Friday, June 5th 2020. The company issued 9,200,000 shares at $19.50 per share. Citigroup, Jefferies and Stifel acted as the underwriters for the IPO and Carnegie was co-manager.

How do I buy shares of Calliditas Therapeutics AB (publ)?

Shares of CALT 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:CALT) was last updated on 4/23/2024 by MarketBeat.com Staff

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