The closing price of LifeStance Health Group Inc (NASDAQ: LFST) was $6.27 for the day, down -1.42% from the previous closing price of $6.36. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 841257 shares were traded. LFST stock price reached its highest trading level at $6.35 during the session, while it also had its lowest trading level at $6.17.
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Ratios:
Our analysis of LFST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.36 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 14 ’24 when Mullins Kevin Michael sold 44,540 shares for $6.33 per share. The transaction valued at 281,938 led to the insider holds 4,745,352 shares of the business.
Pardo Ryan sold 39,384 shares of LFST for $249,301 on Mar 14 ’24. The insider now owns 817,777 shares after completing the transaction at $6.33 per share. On Mar 13 ’24, another insider, Qureshi Danish J., who serves as the insider of the company, sold 153,943 shares for $6.32 each. As a result, the insider received 972,920 and left with 4,924,015 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 2.39B and an Enterprise Value of 2.82B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 2.67 whereas that against EBITDA is -26.86.
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 $4.74. The 50-Day Moving Average of the stock is 6.79, while the 200-Day Moving Average is calculated to be 7.32.
Shares Statistics:
LFST traded an average of 1.35M shares per day over the past three months and 1.13M shares per day over the past ten days. A total of 378.73M shares are outstanding, with a floating share count of 83.86M. Insiders hold about 77.97% of the company’s shares, while institutions hold 23.34% stake in the company. Shares short for LFST as of Feb 29, 2024 were 27.16M with a Short Ratio of 20.05, compared to 25.9M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.14% and a Short% of Float of 34.81%.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.12, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.05 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.23 and -$0.32 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.21, with 6 analysts recommending between -$0.15 and -$0.28.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $303.07M to a low estimate of $296.73M. As of the current estimate, LifeStance Health Group Inc’s year-ago sales were $252.59M, an estimated increase of 18.40% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for LFST’s current fiscal year. The highest revenue estimate was $1.24B, while the lowest revenue estimate was $1.21B, resulting in an average revenue estimate of $1.22B. In the same quarter a year ago, actual revenue was $1.06B, up 15.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.38B in the next fiscal year. The high estimate is $1.43B and the low estimate is $1.33B. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
