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Aerovate Therapeutics Inc AVTE

Morningstar Rating
$21.75 +0.18 (0.83%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

AVTE is trading at a 58% discount.
Price
$22.97
Fair Value
$17.60
Uncertainty
Extreme
1-Star Price
$593.52
5-Star Price
$6.98
Economic Moat
Xhqm
Capital Allocation
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Trading Information

Previous Close Price
$21.57
Day Range
$21.1222.39
52-Week Range
$9.4132.42
Bid/Ask
$21.00 / $21.89
Market Cap
$606.02 Mil
Volume/Avg
74,007 / 145,106

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Aerovate Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing drugs that improve the lives of patients with rare cardiopulmonary disease. The initial focus of the company is on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Small Value
Total Number of Employees
51

Comparables

Valuation

Metric
AVTE
CBAY
MORF
Price/Earnings (Normalized)
Price/Book Value
5.5212.651.98
Price/Sales
111.012,253.05
Price/Cash Flow
Price/Earnings
AVTE
CBAY
MORF

Financial Strength

Metric
AVTE
CBAY
MORF
Quick Ratio
6.9410.7028.43
Current Ratio
7.0410.9628.94
Interest Coverage
−5.27
Quick Ratio
AVTE
CBAY
MORF

Profitability

Metric
AVTE
CBAY
MORF
Return on Assets (Normalized)
−48.35%−30.06%−18.85%
Return on Equity (Normalized)
−53.58%−51.97%−19.43%
Return on Invested Capital (Normalized)
−56.98%−30.87%−23.26%
Return on Assets
AVTE
CBAY
MORF
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