Astera Labs Inc (NASDAQ:ALAB) currently has a daily average trading volume of 4.22M but it saw 6408993 shares traded in last market. With a market cap of 16.00B USD, the company’s current market price of $97.02 came falling about -2.84 while comparing to the previous closing price of $99.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $147.39 and as low as $36.22. In the recent trading on the day, stock has struck highest price mark of $92.8 while lowest mark touched by it was $103.5.
Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock is $99.
Over the week, ALAB’s stock price is moving 9.54% up while it is 5.06% when we observe its performance for the past one month. Year-to-date it is 64.69% up and over the past year, the stock is showing a downside performance of -26.75%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of 0.32 while estimate for next year EPS is 1.35. In next quarter, company is expected to be making quarterly sales of $180.67M as analysts are expecting the sales for current fiscal year at $702.47M and seeing the company making $901.96M in sales next year. Moreover, analysts are in estimates of $172.46M for current-quarter revenue.
Currently, Astera Labs Inc’s total number of outstanding shares is 164.91M with 13.50% of that held by the insiders while 71.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.97% and return on equity (ROE) at 4.47%. It has a price to earnings ratio (P/E ratio) of 413.55 while having a 56.25 of forward P/E ratio. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 15.36 while price to sale or P/S ratio amounts to 32.62. Its return on asset (ROA) is 4.17% on average.
