Alterity Therapeutics Stock Target Price and Analyst Consensus

ATHE Stock  USD 5.00  0.39  8.46%   
The current analyst and expert consensus on Alterity Therapeutics is Buy, with only one strong buy opinion. The current projected Alterity Therapeutics target price consensus is 11.00 with 3 analyst opinions. Check out Macroaxis Advice on Alterity Therapeutics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.
The most common way Alterity Therapeutics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Alterity Therapeutics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Alterity Therapeutics. We encourage you to use your own analysis of Alterity Therapeutics to validate this buy or sell advice. Alterity Therapeutics buy-or-sell recommendation module provides average expert sentiment on the projected Alterity Therapeutics target price to derive its highest and lowest estimates based on projected price volatility of 5.8688.
Lowest Forecast
10.01
Highest Forecast
12.21
Target Price
11
The current year's Gross Profit is expected to grow to about 4.6 M, whereas Pretax Profit Margin is forecasted to decline to (5.73). At present, Alterity Therapeutics' Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 15.7 M, whereas Net Debt is forecasted to decline to (11.8 M).
It's important to approach Alterity Therapeutics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Alterity Therapeutics price targets

Alterity Therapeutics' stock target price is an estimate of its future price, usually made by analysts. Using Alterity Therapeutics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Alterity Therapeutics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Alterity Therapeutics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Alterity Therapeutics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Alterity Therapeutics is a key component of Alterity Therapeutics valuation and have some predictive power on the future returns of a Alterity Therapeutics.
Hype
Prediction
LowEstimatedHigh
0.255.0110.88
Details
Intrinsic
Valuation
LowRealHigh
0.356.2212.09
Details
Naive
Forecast
LowNextHigh
0.115.5311.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.55-0.29-0.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alterity Therapeutics. Your research has to be compared to or analyzed against Alterity Therapeutics' peers to derive any actionable benefits. When done correctly, Alterity Therapeutics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alterity Therapeutics.

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When determining whether Alterity Therapeutics is a strong investment it is important to analyze Alterity Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alterity Therapeutics' future performance. For an informed investment choice regarding Alterity Stock, refer to the following important reports:
Check out Macroaxis Advice on Alterity Therapeutics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, the presentation of Alterity Therapeutics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alterity Therapeutics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Alterity Therapeutics' management manipulating its earnings.