Eledon Pharmaceuticals Stock Analysis

ELDN Stock  USD 4.66  0.40  9.39%   
Eledon Pharmaceuticals is undervalued with Real Value of 7.53 and Target Price of 16.5. The main objective of Eledon Pharmaceuticals stock analysis is to determine its intrinsic value, which is an estimate of what Eledon Pharmaceuticals is worth, separate from its market price. There are two main types of Eledon Pharmaceuticals' stock analysis: fundamental analysis and technical analysis.
The Eledon Pharmaceuticals stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Eledon Pharmaceuticals is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Eledon Stock trading window is adjusted to America/New York timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eledon Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Eledon Stock, please use our How to Invest in Eledon Pharmaceuticals guide.

Eledon Stock Analysis Notes

About 43.0% of the company shares are held by institutions such as insurance companies. The book value of Eledon Pharmaceuticals was currently reported as 1.85. The company has Price/Earnings To Growth (PEG) ratio of 0.01. Eledon Pharmaceuticals last dividend was issued on the 5th of October 2020. The entity had 1:18 split on the 5th of October 2020. Eledon Pharmaceuticals, Inc., clinical stage biopharmaceutical company, focuses on developing medicines for the patients living with autoimmune disease and amyotrophic lateral sclerosis , and requiring an organ or cell-based transplant. Eledon Pharmaceuticals, Inc. is headquartered in Irvine, California. Eledon Pharmaceuticals operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 12 people. To learn more about Eledon Pharmaceuticals call the company at (949) 238-8090 or check out https://eledon.com.

Eledon Pharmaceuticals Investment Alerts

Eledon Pharmaceuticals appears to be risky and price may revert if volatility continues
Net Loss for the year was (40.33 M) with profit before overhead, payroll, taxes, and interest of 0.
Eledon Pharmaceuticals currently holds about 70.46 M in cash with (39.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Eledon Pharmaceuticals has a frail financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Acquisition by Gros David-alexandre C of 1015743 shares of Eledon Pharmaceuticals at 2.3 subject to Rule 16b-3

Eledon Pharmaceuticals Upcoming and Recent Events

Earnings reports are used by Eledon Pharmaceuticals to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
4th of April 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Eledon Largest EPS Surprises

Earnings surprises can significantly impact Eledon Pharmaceuticals' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-08-10
2023-06-30-0.46-0.40.0613 
2021-08-12
2021-06-30-0.57-0.50.0712 
2024-03-28
2023-12-31-0.39-0.290.125 
View All Earnings Estimates

Eledon Pharmaceuticals Environmental, Social, and Governance (ESG) Scores

Eledon Pharmaceuticals' ESG score is a quantitative measure that evaluates Eledon Pharmaceuticals' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Eledon Pharmaceuticals' operations that may have significant financial implications and affect Eledon Pharmaceuticals' stock price as well as guide investors towards more socially responsible investments.

Eledon Pharmaceuticals Thematic Classifications

In addition to having Eledon Pharmaceuticals stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Pharmaceutical Products Idea
Pharmaceutical Products
USA Equities from Pharmaceutical Products industry as classified by Fama & French

Eledon Stock Institutional Investors

Shares
Cm Management, Llc2024-09-30
275 K
State Street Corp2024-06-30
161.5 K
Blackrock Inc2024-06-30
155.1 K
Renaissance Technologies Corp2024-09-30
135.9 K
Northern Trust Corp2024-09-30
91.9 K
Ubs Group Ag2024-06-30
55 K
Ingalls & Snyder Llc2024-09-30
51.8 K
Dimensional Fund Advisors, Inc.2024-09-30
34.2 K
Bridgeway Capital Management, Llc2024-09-30
33.4 K
Bvf Inc2024-09-30
6.3 M
Armistice Capital, Llc2024-09-30
2.4 M
Note, although Eledon Pharmaceuticals' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Eledon Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 278.39 M.

Eledon Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.71)(0.75)
Return On Capital Employed(0.50)(0.53)
Return On Assets(0.45)(0.48)
Return On Equity(5.59)(5.31)

Management Efficiency

Eledon Pharmaceuticals has return on total asset (ROA) of (0.3336) % which means that it has lost $0.3336 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2536) %, meaning that it created substantial loss on money invested by shareholders. Eledon Pharmaceuticals' management efficiency ratios could be used to measure how well Eledon Pharmaceuticals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to drop to -0.75. In addition to that, Return On Capital Employed is likely to drop to -0.53. At this time, Eledon Pharmaceuticals' Non Current Assets Total are very stable compared to the past year. As of the 1st of December 2024, Non Currrent Assets Other is likely to grow to about 309.2 K, while Total Assets are likely to drop about 81.1 M.
Last ReportedProjected for Next Year
Enterprise Value Over EBITDA 0.24  0.25 
Price Book Value Ratio6.1 K6.5 K
Enterprise Value Multiple 0.24  0.25 
Price Fair Value6.1 K6.5 K
Enterprise Value-26.6 M-25.2 M
Management at Eledon Pharmaceuticals focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta
0.766
Return On Assets
(0.33)
Return On Equity
(0.25)

Technical Drivers

As of the 1st of December, Eledon Pharmaceuticals shows the Downside Deviation of 3.53, mean deviation of 3.62, and Coefficient Of Variation of 565.26. Eledon Pharmaceuticals technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Eledon Pharmaceuticals Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eledon Pharmaceuticals middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Eledon Pharmaceuticals. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Eledon Pharmaceuticals Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eledon Pharmaceuticals insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eledon Pharmaceuticals' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eledon Pharmaceuticals insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Gros David-alexandre C over a week ago
Acquisition by Gros David-alexandre C of 1015743 shares of Eledon Pharmaceuticals at 2.3 subject to Rule 16b-3
 
Logos Global Management Lp over two months ago
Acquisition by Logos Global Management Lp of 12942 shares of Eledon Pharmaceuticals at 25.879 subject to Rule 16b-3
 
Kirk Allan over three months ago
Insider Trading
 
Smith Bryan E. over three months ago
Acquisition by Smith Bryan E. of 241650 shares of Eledon Pharmaceuticals at 2.3 subject to Rule 16b-3
 
Bvf Partners L P/il over six months ago
Acquisition by Bvf Partners L Pil of 86341 shares of Eledon Pharmaceuticals at 2.31 subject to Rule 16b-3
 
Ogier Walter C over six months ago
Acquisition by Ogier Walter C of 20000 shares of Eledon Pharmaceuticals at 3.08 subject to Rule 16b-3
 
Logos Global Management Lp over six months ago
Discretionary transaction by Logos Global Management Lp of tradable shares of Eledon Pharmaceuticals subject to Rule 16b-3
 
Ogier Walter C over six months ago
Disposition of 10415 shares by Ogier Walter C of Eledon Pharmaceuticals at 0.6855 subject to Rule 16b-3
 
Logos Global Management Lp over six months ago
Disposition of 12942 shares by Logos Global Management Lp of Eledon Pharmaceuticals at 26.6442 subject to Rule 16b-3
 
Thomas Robert Bain over six months ago
Eledon Pharmaceuticals exotic insider transaction detected
 
Robinson James A Jr over a year ago
Acquisition by Robinson James A Jr of 150437 shares of Eledon Pharmaceuticals subject to Rule 16b-3
 
Ogier Walter C over a year ago
Acquisition by Ogier Walter C of 150437 shares of Eledon Pharmaceuticals subject to Rule 16b-3

Eledon Pharmaceuticals Outstanding Bonds

Eledon Pharmaceuticals issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eledon Pharmaceuticals uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eledon bonds can be classified according to their maturity, which is the date when Eledon Pharmaceuticals has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Eledon Pharmaceuticals Predictive Daily Indicators

Eledon Pharmaceuticals intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eledon Pharmaceuticals stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Eledon Pharmaceuticals Corporate Filings

F4
22nd of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
12th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
5th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
31st of October 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
29th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
1st of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Eledon Pharmaceuticals Forecast Models

Eledon Pharmaceuticals' time-series forecasting models are one of many Eledon Pharmaceuticals' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eledon Pharmaceuticals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Eledon Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eledon Pharmaceuticals prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eledon shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Eledon Pharmaceuticals. By using and applying Eledon Stock analysis, traders can create a robust methodology for identifying Eledon entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(174.11)(182.82)
Operating Profit Margin(138.49)(145.41)
Net Loss(171.08)(179.64)
Gross Profit Margin(0.47)(0.50)

Current Eledon Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eledon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eledon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
16.5Strong Buy6Odds
Eledon Pharmaceuticals current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Eledon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eledon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eledon Pharmaceuticals, talking to its executives and customers, or listening to Eledon conference calls.
Eledon Analyst Advice Details

Eledon Stock Analysis Indicators

Eledon Pharmaceuticals stock analysis indicators help investors evaluate how Eledon Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Eledon Pharmaceuticals shares will generate the highest return on investment. By understating and applying Eledon Pharmaceuticals stock analysis, traders can identify Eledon Pharmaceuticals position entry and exit signals to maximize returns.
Begin Period Cash Flow56.4 M
Common Stock Shares Outstanding24.6 M
Total Stockholder Equity83.4 M
Property Plant And Equipment Net365 K
Cash And Short Term Investments51.1 M
Cash4.6 M
Accounts Payable967 K
Net Debt-4.2 M
50 Day M A3.4959
Total Current Liabilities3.9 M
Other Operating Expenses43 M
Non Current Assets Total69.8 M
Forward Price Earnings5.3908
Non Currrent Assets Other186 K
Stock Based Compensation6.5 M
When determining whether Eledon Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eledon Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eledon Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eledon Pharmaceuticals Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eledon Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Eledon Stock, please use our How to Invest in Eledon Pharmaceuticals guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eledon Pharmaceuticals. If investors know Eledon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eledon Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.73
Return On Assets
(0.33)
Return On Equity
(0.25)
The market value of Eledon Pharmaceuticals is measured differently than its book value, which is the value of Eledon that is recorded on the company's balance sheet. Investors also form their own opinion of Eledon Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Eledon Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eledon Pharmaceuticals' market value can be influenced by many factors that don't directly affect Eledon Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eledon Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eledon Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eledon Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.