Market Insights: LifeStance Health Group Inc (LFST)’s Notable Drop of -3.30, Closing at 6.74

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As of close of business last night, LifeStance Health Group Inc’s stock clocked out at $6.74, down -3.30% from its previous closing price of $6.97. In other words, the price has decreased by -$3.30 from its previous closing price. On the day, 1.15 million shares were traded. LFST stock price reached its highest trading level at $7.03 during the session, while it also had its lowest trading level at $6.685.

Ratios:

To gain a deeper understanding of LFST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.31.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Varanakis Ann sold 5,269 shares for $6.28 per share. The transaction valued at 33,089 led to the insider holds 263,007 shares of the business.

KEVIN M MULLINS bought 1,400,000 shares of LFST for $8,041,600 on Aug 21 ’24. On Aug 20 ’24, another insider, KHAN PARENTS TRUST LLC C/O DAN, who serves as the Former Officer of the company, bought 43,392 shares for $5.72 each.

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 2670704640 and an Enterprise Value of 2989230080. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 2.585 whereas that against EBITDA is 524.887.

Stock Price History:

Over the past 52 weeks, LFST has reached a high of $9.20, while it has fallen to a 52-week low of $4.64. The 50-Day Moving Average of the stock is 17.62%, while the 200-Day Moving Average is calculated to be 6.82%.

Shares Statistics:

It appears that LFST traded 1.64M shares on average per day over the past three months and 1607750 shares per day over the past ten days. A total of 378.73M shares are outstanding, with a floating share count of 111.03M. Insiders hold about 70.98% of the company’s shares, while institutions hold 32.68% stake in the company. Shares short for LFST as of 1723680000 were 12223183 with a Short Ratio of 7.45, compared to 1721001600 on 15813285. Therefore, it implies a Short% of Shares Outstanding of 12223183 and a Short% of Float of 15.290000000000001.

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