Brokers Offer Predictions for Allakos Inc’s Q2 2018 Earnings (ALLK)

Allakos Inc (NASDAQ:ALLK) – Stock analysts at William Blair issued their Q2 2018 earnings per share (EPS) estimates for Allakos in a report released on Monday, August 13th. William Blair analyst T. Lugo expects that the company will earn ($0.23) per share for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Allakos’ Q3 2018 earnings at ($0.21) EPS, Q4 2018 earnings at ($0.23) EPS, FY2018 earnings at ($0.93) EPS, FY2019 earnings at ($0.92) EPS, FY2020 earnings at ($1.24) EPS, FY2021 earnings at ($2.03) EPS and FY2022 earnings at ($2.50) EPS.

Other research analysts also recently issued reports about the company. Goldman Sachs Group began coverage on Allakos in a research note on Monday. They set a “neutral” rating and a $31.00 target price for the company. Jefferies Financial Group began coverage on Allakos in a research note on Monday. They set a “buy” rating and a $53.00 target price for the company.

ALLK stock opened at $38.81 on Wednesday. Allakos has a twelve month low of $26.00 and a twelve month high of $45.95.

In other Allakos news, Director Daniel Janney bought 250,000 shares of Allakos stock in a transaction dated Monday, July 23rd. The stock was bought at an average cost of $18.00 per share, for a total transaction of $4,500,000.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Venture Fund (Ohi Rivervest II bought 111,111 shares of Allakos stock in a transaction dated Monday, July 23rd. The shares were acquired at an average price of $18.00 per share, with a total value of $1,999,998.00. The disclosure for this purchase can be found here.

Allakos Company Profile

There is no company description available for Allakos Inc

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