Aerovate Therapeutics, Inc. (AVTE)
NASDAQ: AVTE · Real-Time Price · USD
2.610
-0.050 (-1.88%)
At close: Nov 21, 2024, 4:00 PM
2.550
-0.060 (-2.30%)
After-hours: Nov 21, 2024, 5:16 PM EST

Aerovate Therapeutics Statistics

Total Valuation

AVTE has a market cap or net worth of $75.36 million. The enterprise value is -$12.83 million.

Market Cap 75.36M
Enterprise Value -12.83M

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

AVTE has 28.87 million shares outstanding. The number of shares has increased by 10.95% in one year.

Current Share Class 28.87M
Shares Outstanding 28.87M
Shares Change (YoY) +10.95%
Shares Change (QoQ) +0.37%
Owned by Insiders (%) 0.10%
Owned by Institutions (%) 39.76%
Float 11.85M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio n/a
Forward PS n/a
PB Ratio 0.94
P/TBV Ratio 0.94
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 8.78, with a Debt / Equity ratio of 0.01.

Current Ratio 8.78
Quick Ratio 8.60
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -82.06% and return on invested capital (ROIC) is -54.36%.

Return on Equity (ROE) -82.06%
Return on Assets (ROA) -48.67%
Return on Capital (ROIC) -54.36%
Revenue Per Employee n/a
Profits Per Employee -$1.66M
Employee Count 51
Asset Turnover n/a
Inventory Turnover n/a

Taxes

In the past 12 months, AVTE has paid $56,000 in taxes.

Income Tax 56,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -82.12% in the last 52 weeks. The beta is 1.00, so AVTE's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change -82.12%
50-Day Moving Average 2.27
200-Day Moving Average 11.11
Relative Strength Index (RSI) 56.49
Average Volume (20 Days) 2,059,617

Short Selling Information

The latest short interest is 549,747, so 1.90% of the outstanding shares have been sold short.

Short Interest 549,747
Short Previous Month 664,994
Short % of Shares Out 1.90%
Short % of Float 4.64%
Short Ratio (days to cover) 0.36

Income Statement

Revenue n/a
Gross Profit n/a
Operating Income -90.26M
Pretax Income -82.13M
Net Income -84.61M
EBITDA -89.96M
EBIT -90.26M
Earnings Per Share (EPS) -$2.98
Full Income Statement

Balance Sheet

The company has $88.73 million in cash and $540,000 in debt, giving a net cash position of $88.19 million or $3.05 per share.

Cash & Cash Equivalents 88.73M
Total Debt 540,000
Net Cash 88.19M
Net Cash Per Share $3.05
Equity (Book Value) 80.49M
Book Value Per Share 2.79
Working Capital 80.29M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$74.95 million and capital expenditures -$64,000, giving a free cash flow of -$75.01 million.

Operating Cash Flow -74.95M
Capital Expenditures -64,000
Free Cash Flow -75.01M
FCF Per Share -$2.60
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin n/a
Pretax Margin n/a
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

AVTE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -10.95%
Shareholder Yield -10.95%
Earnings Yield -112.27%
FCF Yield -99.54%

Analyst Forecast

The average price target for AVTE is $11.75, which is 350.19% higher than the current price. The consensus rating is "Hold".

Price Target $11.75
Price Target Difference 350.19%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 1