Shares of Alto Neuroscience, Inc. (NYSE:ANRO – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $15.40.
ANRO has been the subject of a number of recent research reports. Wedbush restated a “neutral” rating and issued a $4.00 target price on shares of Alto Neuroscience in a research report on Thursday, May 15th. William Blair restated an “outperform” rating on shares of Alto Neuroscience in a research report on Friday, March 21st. Finally, HC Wainwright initiated coverage on Alto Neuroscience in a research report on Monday, April 7th. They issued a “buy” rating and a $10.00 target price for the company.
Read Our Latest Stock Report on ANRO
Hedge Funds Weigh In On Alto Neuroscience
Alto Neuroscience Stock Up 8.0%
ANRO stock opened at $2.57 on Wednesday. The company has a quick ratio of 13.09, a current ratio of 13.10 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $69.58 million, a PE ratio of -1.10 and a beta of 1.93. Alto Neuroscience has a twelve month low of $1.60 and a twelve month high of $17.55. The stock has a 50-day simple moving average of $2.38 and a two-hundred day simple moving average of $3.26.
Alto Neuroscience (NYSE:ANRO – Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.53) EPS for the quarter, topping the consensus estimate of ($0.59) by $0.06. On average, equities analysts predict that Alto Neuroscience will post -2.54 EPS for the current fiscal year.
About Alto Neuroscience
Alto Neuroscience, Inc operates as a clinical-stage biopharmaceutical company in the United States. Its product pipeline comprising ALTO-100, which is in phase 2b clinical trial for the treatment of patients with major depressive disorder (MDD); and which is in phase 2a clinical trial for the treatment of post-traumatic stress disorder.
Read More
- Five stocks we like better than Alto Neuroscience
- Manufacturing Stocks Investing
- Five Below Pops on Strong Earnings, But Rally May Stall
- Investing in Construction Stocks
- Intel’s Dual Gamble: AI Innovation Now, Foundry Fortunes Later?
- What is an Earnings Surprise?
- X: 1 Reason to Bet on U.S. Steel, and 1 Reason to Hold Back
Receive News & Ratings for Alto Neuroscience Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alto Neuroscience and related companies with MarketBeat.com's FREE daily email newsletter.