Lantheus Holdings Inc (LNTH) Decline -2.93% in Day Trading, Closes at $60.88

The price of Lantheus Holdings Inc (NASDAQ: LNTH) closed at $60.88 in the last session, down -2.93% from day before closing price of $62.72. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 641414 shares were traded. LNTH stock price reached its highest trading level at $62.97 during the session, while it also had its lowest trading level at $60.82.

Ratios:

We take a closer look at LNTH’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.13. For the most recent quarter (mrq), Quick Ratio is recorded 5.45 and its Current Ratio is at 5.80. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.76.

On December 04, 2023, TD Cowen started tracking the stock assigning a Outperform rating and target price of $100.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when Blanchfield Paul sold 18,023 shares for $61.96 per share. The transaction valued at 1,116,705 led to the insider holds 103,357 shares of the business.

Lantheus Alpha Therapy, LLC bought 60,431,039 shares of LNTH for $57,409,487 on Mar 06 ’24. The 10% Owner now owns 116,773,394 shares after completing the transaction at $0.95 per share. On Mar 06 ’24, another insider, LENO SAM R, who serves as the Director of the company, sold 2,045 shares for $63.50 each. As a result, the insider received 129,857 and left with 57,937 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, LNTH now has a Market Capitalization of 4.17B and an Enterprise Value of 4.08B. As of this moment, Lantheus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.11, and their Forward P/E ratio for the next fiscal year is 9.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.22 while its Price-to-Book (P/B) ratio in mrq is 5.21. Its current Enterprise Value per Revenue stands at 3.14 whereas that against EBITDA is 8.30.

Stock Price History:

Over the past 52 weeks, LNTH has reached a high of $100.85, while it has fallen to a 52-week low of $50.20. The 50-Day Moving Average of the stock is 58.83, while the 200-Day Moving Average is calculated to be 69.81.

Shares Statistics:

According to the various share statistics, LNTH traded on average about 1.41M shares per day over the past 3-months and 837.12k shares per day over the past 10 days. A total of 69.86M shares are outstanding, with a floating share count of 66.88M. Insiders hold about 2.39% of the company’s shares, while institutions hold 108.78% stake in the company. Shares short for LNTH as of Feb 29, 2024 were 5.22M with a Short Ratio of 3.71, compared to 4.89M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.62% and a Short% of Float of 10.00%.

Earnings Estimates

The company has 9 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.54 for the current quarter, with a high estimate of $1.63 and a low estimate of $1.52, while EPS last year was $1.47. The consensus estimate for the next quarter is $1.65, with high estimates of $1.7 and low estimates of $1.59.

Analysts are recommending an EPS of between $6.64 and $6.5 for the fiscal current year, implying an average EPS of $6.57. EPS for the following year is $6.67, with 9 analysts recommending between $7.96 and $3.26.

Revenue Estimates

According to 10 analysts, the current quarter’s revenue is expected to be $348.13M. It ranges from a high estimate of $355.4M to a low estimate of $339.8M. As of the current estimate, Lantheus Holdings Inc’s year-ago sales were $300.78M, an estimated increase of 15.70% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $355.96M, an increase of 16.40% over than the figure of $15.70% in the same quarter last year. There is a high estimate of $362.1M for the next quarter, whereas the lowest estimate is $351.6M.

A total of 10 analysts have provided revenue estimates for LNTH’s current fiscal year. The highest revenue estimate was $1.46B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.43B. In the same quarter a year ago, actual revenue was $1.3B, up 10.50% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.54B in the next fiscal year. The high estimate is $1.69B and the low estimate is $1.44B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.

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