Allakos Stock Buy Hold or Sell Recommendation

ALLK Stock  USD 1.28  0.01  0.78%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Allakos is 'Cautious Hold'. Macroaxis provides Allakos buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Allakos positions. The advice algorithm takes into account all of Allakos' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Allakos' buy or sell advice are summarized below:
Real Value
3.43
Target Price
9.92
Hype Value
1.25
Market Value
1.28
Naive Value
1.62
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Allakos given historical horizon and risk tolerance towards Allakos. When Macroaxis issues a 'buy' or 'sell' recommendation for Allakos, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Allakos Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
In addition, we conduct extensive research on individual companies such as Allakos and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Allakos. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute Allakos Buy or Sell Advice

The Allakos recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Allakos. Macroaxis does not own or have any residual interests in Allakos or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Allakos' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AllakosBuy Allakos
Cautious Hold

Market Performance

Very WeakDetails

Volatility

DangerousDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very HighDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Allakos has a Mean Deviation of 5.2, Standard Deviation of 9.14 and Variance of 83.53
We provide trade advice to complement the prevailing expert consensus on Allakos. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Allakos is not overpriced, please confirm all Allakos fundamentals, including its book value per share, market capitalization, and the relationship between the cash per share and price to earnings to growth . Given that Allakos is a hitting penny stock territory we recommend to closely look at its price to book.

Allakos Trading Alerts and Improvement Suggestions

Allakos generated a negative expected return over the last 90 days
Allakos has high historical volatility and very poor performance
Allakos may become a speculative penny stock
Allakos has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (185.7 M) with profit before overhead, payroll, taxes, and interest of 0.
Allakos currently holds about 212.44 M in cash with (116.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.87, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Allakos has a frail financial position based on the latest SEC disclosures
Over 87.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: FY2025 Earnings Forecast for Allakos Inc. Issued By Leerink Partnrs - Defense World

Allakos current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Allakos analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Allakos analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Allakos Returns Distribution Density

The distribution of Allakos' historical returns is an attempt to chart the uncertainty of Allakos' future price movements. The chart of the probability distribution of Allakos daily returns describes the distribution of returns around its average expected value. We use Allakos price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Allakos returns is essential to provide solid investment advice for Allakos.
Mean Return
-0.57
Value At Risk
-8.63
Potential Upside
8.33
Standard Deviation
9.14
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Allakos historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Allakos Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Allakos is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Allakos backward and forwards among themselves. Allakos' institutional investor refers to the entity that pools money to purchase Allakos' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Logos Global Management Lp2023-12-31
2.9 M
Deep Track Capital, Lp2023-12-31
2.5 M
Fmr Inc2023-12-31
2.1 M
Geode Capital Management, Llc2023-12-31
1.6 M
State Street Corporation2023-12-31
1.4 M
Millennium Management Llc2023-12-31
961.7 K
Sectoral Asset Management Inc2023-12-31
752.4 K
Vontobel Holding Ltd.2023-12-31
752.4 K
Ecor1 Capital, Llc2023-12-31
748.9 K
Bvf Inc2023-09-30
8.6 M
T. Rowe Price Associates, Inc.2023-12-31
7.9 M
Note, although Allakos' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Allakos Cash Flow Accounts

201920202021202220232024 (projected)
Investments(311.2M)4.5M176.5M78.8M1.5M1.6M
Change In Cash6.2M168.8M(54.4M)(66.4M)(20.8M)(19.7M)
Free Cash Flow(63.8M)(114.6M)(241.1M)(288.3M)(117.1M)(122.9M)
Depreciation1.5M1.5M2.3M7.1M6.1M6.4M
Other Non Cash Items275K794K697K3.5M(6.6M)(6.3M)
Capital Expenditures770K630K33.2M8.3M592K562.4K
Net Income(85.4M)(153.5M)(269.9M)(320.0M)(185.7M)(195.0M)
End Period Cash Flow40.6M209.5M155.1M88.7M66.4M95.3M
Change To Netincome15.8M33.4M50.9M43.2M49.7M52.1M

Allakos Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Allakos or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Allakos' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Allakos stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-1.43
β
Beta against NYSE Composite6.88
σ
Overall volatility
9.40
Ir
Information ratio -0.08

Allakos Volatility Alert

Allakos is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Allakos' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Allakos' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Allakos Fundamentals Vs Peers

Comparing Allakos' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Allakos' direct or indirect competition across all of the common fundamentals between Allakos and the related equities. This way, we can detect undervalued stocks with similar characteristics as Allakos or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Allakos' fundamental indicators could also be used in its relative valuation, which is a method of valuing Allakos by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Allakos to competition
FundamentalsAllakosPeer Average
Return On Equity-0.77-0.31
Return On Asset-0.39-0.14
Current Valuation(15.97 M)16.62 B
Shares Outstanding87.87 M571.82 M
Shares Owned By Insiders1.96 %10.09 %
Shares Owned By Institutions87.47 %39.21 %
Number Of Shares Shorted5.6 M4.71 M
Price To Earning(21.26) X28.72 X
Price To Book0.67 X9.51 X
EBITDA(189.91 M)3.9 B
Net Income(185.7 M)570.98 M
Cash And Equivalents212.44 M2.7 B
Cash Per Share3.87 X5.01 X
Total Debt41.47 M5.32 B
Debt To Equity0.23 %48.70 %
Current Ratio6.08 X2.16 X
Book Value Per Share1.92 X1.93 K
Cash Flow From Operations(116.48 M)971.22 M
Short Ratio5.04 X4.00 X
Earnings Per Share(2.14) X3.12 X
Price To Earnings To Growth0.09 X4.89 X
Target Price2.9
Number Of Employees13118.84 K
Beta0.82-0.15
Market Capitalization113.36 M19.03 B
Total Asset243.61 M29.47 B
Retained Earnings(1.12 B)9.33 B
Working Capital143.31 M1.48 B
Current Asset37.1 M9.34 B
Current Liabilities3.08 M7.9 B
Z Score-6.658.72
Net Asset243.61 M
Note: Disposition of 32142 shares by Radford Harlan Baird of Allakos at 1.35 subject to Rule 16b-3 [view details]

Allakos Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Allakos . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Allakos Buy or Sell Advice

When is the right time to buy or sell Allakos? Buying financial instruments such as Allakos Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total49.1M49.1M41.5M30.8M
Total Assets534.8M386.4M243.6M370.4M

Use Investing Ideas to Build Portfolios

In addition to having Allakos in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Broad Market ETFs Thematic Idea Now

Broad Market ETFs
Broad Market ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Market ETFs Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Allakos is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Allakos Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Allakos Stock. Highlighted below are key reports to facilitate an investment decision about Allakos Stock:
Check out Allakos Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Allakos Stock analysis

When running Allakos' price analysis, check to measure Allakos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allakos is operating at the current time. Most of Allakos' value examination focuses on studying past and present price action to predict the probability of Allakos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allakos' price. Additionally, you may evaluate how the addition of Allakos to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Money Managers
Screen money managers from public funds and ETFs managed around the world
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Is Allakos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allakos. If investors know Allakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allakos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.14)
Return On Assets
(0.39)
Return On Equity
(0.78)
The market value of Allakos is measured differently than its book value, which is the value of Allakos that is recorded on the company's balance sheet. Investors also form their own opinion of Allakos' value that differs from its market value or its book value, called intrinsic value, which is Allakos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allakos' market value can be influenced by many factors that don't directly affect Allakos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allakos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allakos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allakos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.