NASDAQ:BLTE Belite Bio (BLTE) Stock Price, News & Analysis → The #1 Crypto That You Don’t Own… Yet (From Crypto 101 Media) (Ad) Free BLTE Stock Alerts $48.47 -0.23 (-0.47%) (As of 06/7/2024 08:51 PM ET) Add Compare Share Share Today's Range$47.23▼$48.6050-Day Range$32.33▼$48.9552-Week Range$11.00▼$49.16Volume90,400 shsAverage Volume55,293 shsMarket Capitalization$1.44 billionP/E RatioN/ADividend YieldN/APrice Target$44.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Belite Bio alerts: Email Address Belite Bio MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.5% Downside$44.83 Price TargetShort InterestHealthy0.12% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.08) to ($0.51) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.36 out of 5 starsMedical Sector852nd out of 903 stocksPharmaceutical Preparations Industry400th out of 426 stocks 1.5 Analyst's Opinion Consensus RatingBelite Bio has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageBelite Bio has only been the subject of 3 research reports in the past 90 days.Read more about Belite Bio's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.12% of the outstanding shares of Belite Bio have been sold short.Short Interest Ratio / Days to CoverBelite Bio has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Belite Bio has recently increased by 87.30%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBelite Bio does not currently pay a dividend.Dividend GrowthBelite Bio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BLTE. Previous Next 2.4 News and Social Media Coverage News SentimentBelite Bio has a news sentiment score of 1.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Belite Bio this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Belite Bio to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Belite Bio insiders have not sold or bought any company stock.Percentage Held by Insiders13.29% of the stock of Belite Bio is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.53% of the stock of Belite Bio is held by institutions.Read more about Belite Bio's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Belite Bio are expected to grow in the coming year, from ($1.08) to ($0.51) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Belite Bio is -41.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Belite Bio is -41.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBelite Bio has a P/B Ratio of 14.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Belite Bio's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay attention to above all others: Venture capital firms. You want to follow venture capital money into cryptocurrencies before anyone gets word of what’s happening.Click here for all the details… About Belite Bio Stock (NASDAQ:BLTE)Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting retinal degenerative eye diseases with unmet medical needs in the United States. The company's lead product candidate is LBS-008 (Tinlarebant), an orally administered once-a-day tablet for maintaining the health and integrity of retinal tissues in autosomal recessive Stargardt disease and geographic atrophy patients. It is also developing LBS-009, an anti-retinol binding protein 4 oral therapy that is in the preclinical development phase targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc is a subsidiary of Lin Bioscience International Ltd.Read More BLTE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLTE Stock News HeadlinesMay 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for Belite Bio, Inc. on Strong Clinical Trials and Solid Financial FootingMay 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for Belite Bio, Inc. ADR on Strong Financials and Promising Stargardt Disease Drug ProspectsMay 15, 2024 | markets.businessinsider.comBuy Rating Affirmed for Belite Bio, Inc. ADR on Promising Tinlarebant Trials and Potential Stargardt Disease TreatmentMay 14, 2024 | seekingalpha.comBelite Bio, Inc 2024 Q1 - Results - Earnings Call PresentationMay 14, 2024 | finance.yahoo.comBelite Bio to Participate in the Benchmark’s 4th Annual Healthcare House Call Investor ConferenceMay 14, 2024 | investorplace.comBLTE Stock Earnings: Belite Bio Misses EPS for Q1 2024May 14, 2024 | globenewswire.comBelite Bio to Participate in the Benchmark's 4th Annual Healthcare House Call Investor ConferenceMay 14, 2024 | finanznachrichten.deBelite Bio, Inc: Belite Bio Reports First-Quarter 2024 Financial Results and Provides Corporate UpdateMay 13, 2024 | globenewswire.comBelite Bio Reports First-Quarter 2024 Financial Results and Provides Corporate UpdateMay 13, 2024 | globenewswire.comBelite Bio to Participate in the H.C. Wainwright 2nd Annual BioConnect Investor ConferenceMay 8, 2024 | globenewswire.comBelite Bio to Host Webcast on May 14, 2024, to Discuss First Quarter 2024 Financial ResultsMay 6, 2024 | globenewswire.comBelite Bio to Participate in Key Opinion Leader Webinar to Discuss Unmet Needs In Stargardt Disease (STGD1) and Geographic Atrophy (GA) and Perspectives On TinlarebantMay 6, 2024 | globenewswire.comBelite Bio Presents Additional Analysis from Phase 2 Study of Tinlarebant in Stargardt Disease at the ARVO Annual MeetingMay 2, 2024 | seekingalpha.comBLTE Belite Bio, IncMay 1, 2024 | globenewswire.comBelite Bio Announces Presentation at the Association for Research in Vision and Ophthalmology 2024 Annual MeetingApril 27, 2024 | investing.comBelite Bio secures $25 million in registered direct offeringApril 25, 2024 | globenewswire.comBelite Bio Announces $25 Million Registered Direct OfferingApril 13, 2024 | morningstar.comBelite Bio Inc ADRMarch 23, 2024 | finanznachrichten.deBelite Bio, Inc: Belite Bio Announces PMDA Submission of Tinlarebant for Stargardt Disease Clinical Trial in JapanMarch 22, 2024 | msn.comBelite Retreats On Start Of Clinical TrialMarch 22, 2024 | markets.businessinsider.comBuy Rating Affirmed on Belite Bio as Tinlarebant Shows Promising Clinical Advancements and Market PotentialMarch 22, 2024 | globenewswire.comBelite Bio Announces PMDA Submission of Tinlarebant for Stargardt Disease Clinical Trial in JapanMarch 21, 2024 | markets.businessinsider.comBuy Rating Justified for Belite Bio, Inc. ADR Amidst Promising DRAGON Trial Progress and Strong FinancialsMarch 20, 2024 | finance.yahoo.comHere's Why We're Not Too Worried About Belite Bio's (NASDAQ:BLTE) Cash Burn SituationMarch 14, 2024 | markets.businessinsider.comAnalysts’ Top Healthcare Picks: Belite Bio, Inc. ADR (BLTE), Catalyst Pharma (CPRX)See More Headlines Receive BLTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Belite Bio and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/13/2024Today6/10/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:BLTE CUSIPN/A CIK1889109 Webbelitebio.com Phone858-246-6240FaxN/AEmployees20Year FoundedN/APrice Target and Rating Average Stock Price Target$44.83 High Stock Price Target$60.00 Low Stock Price Target$25.00 Potential Upside/Downside-7.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.18) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-31,630,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-44.15% Return on Assets-41.53% Debt Debt-to-Equity RatioN/A Current Ratio24.76 Quick Ratio24.76 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$3.28 per share Price / Book14.78Miscellaneous Outstanding Shares29,790,000Free Float25,834,000Market Cap$1.44 billion OptionableNot Optionable Beta-1.43 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. Yu-Hsin Lin M.B.A. (Age 45)Ph.D., Chairman of the Board of Directors & CEO Mr. Hao-Yuan Chuang C.F.A. (Age 39)F.R.M., M.B.A., CFO & Director Dr. Nathan L. Mata Ph.D. (Age 57)Chief Scientific Officer Key CompetitorsOrganon & Co.NYSE:OGNMadrigal PharmaceuticalsNASDAQ:MDGLSummit TherapeuticsNASDAQ:SMMTBridgeBio PharmaNASDAQ:BBIOCytokineticsNASDAQ:CYTKView All Competitors BLTE Stock Analysis - Frequently Asked Questions Should I buy or sell Belite Bio stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belite Bio in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BLTE shares. View BLTE analyst ratings or view top-rated stocks. What is Belite Bio's stock price target for 2024? 7 brokers have issued twelve-month price objectives for Belite Bio's shares. Their BLTE share price targets range from $25.00 to $60.00. On average, they anticipate the company's share price to reach $44.83 in the next year. This suggests that the stock has a possible downside of 7.5%. View analysts price targets for BLTE or view top-rated stocks among Wall Street analysts. How have BLTE shares performed in 2024? Belite Bio's stock was trading at $45.75 at the start of the year. Since then, BLTE shares have increased by 5.9% and is now trading at $48.47. View the best growth stocks for 2024 here. Are investors shorting Belite Bio? Belite Bio saw a increase in short interest in May. As of May 15th, there was short interest totaling 35,400 shares, an increase of 87.3% from the April 30th total of 18,900 shares. Based on an average daily trading volume, of 40,100 shares, the days-to-cover ratio is presently 0.9 days. View Belite Bio's Short Interest. When is Belite Bio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our BLTE earnings forecast. How were Belite Bio's earnings last quarter? Belite Bio, Inc (NASDAQ:BLTE) issued its earnings results on Monday, May, 13th. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.07. What ETF holds Belite Bio's stock? Virtus LifeSci Biotech Clinical Trials ETF holds 2,033 shares of BLTE stock, representing 0.88% of its portfolio. When did Belite Bio IPO? Belite Bio (BLTE) raised $36 million in an initial public offering on Friday, April 29th 2022. The company issued 6,000,000 shares at a price of $5.50-$6.50 per share. How do I buy shares of Belite Bio? Shares of BLTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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