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LifeStance Health Group Inc (NASDAQ: LFST) closed the day trading at $5.00 up 1.83% from the previous closing price of $4.91. In other words, the price has increased by $1.83 from its previous closing price. On the day, 2.15 million shares were traded. LFST stock price reached its highest trading level at $5.08 during the session, while it also had its lowest trading level at $4.78.
Ratios:
For a better understanding of LFST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on January 03, 2024, initiated with a Underweight rating and assigned the stock a target price of $7.
On May 15, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also upped its target price recommendation from $8 to $9.
Morgan Stanley Upgraded its Equal-Weight to Overweight on January 06, 2023, while the target price for the stock was maintained at $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’24 when Qureshi Danish J. sold 150,000 shares for $5.21 per share. The transaction valued at 781,515 led to the insider holds 439,002 shares of the business.
Pardo Ryan sold 61,508 shares of LFST for $332,143 on Jun 12 ’24. The insider now owns 746,439 shares after completing the transaction at $5.40 per share. On Jun 11 ’24, another insider, Mullins Kevin Michael, who serves as the Chief Development Officer of the company, sold 85,093 shares for $5.53 each. As a result, the insider received 470,564 and left with 4,650,571 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LFST now has a Market Capitalization of 1911440000 and an Enterprise Value of 2367766784. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 2.146 whereas that against EBITDA is -116.255.
Stock Price History:
Over the past 52 weeks, LFST has reached a high of $9.59, while it has fallen to a 52-week low of $4.64. The 50-Day Moving Average of the stock is -17.05%, while the 200-Day Moving Average is calculated to be -22.30%.
Shares Statistics:
Over the past 3-months, LFST traded about 1.54M shares per day on average, while over the past 10 days, LFST traded about 1687400 shares per day. A total of 378.73M shares are outstanding, with a floating share count of 111.17M. Insiders hold about 70.92% of the company’s shares, while institutions hold 26.37% stake in the company. Shares short for LFST as of 1718323200 were 17024073 with a Short Ratio of 11.05, compared to 1715731200 on 19217775. Therefore, it implies a Short% of Shares Outstanding of 17024073 and a Short% of Float of 21.38.
