Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
As of close of business last night, LifeStance Health Group Inc’s stock clocked out at $7.12, up 2.01% from its previous closing price of $6.98. In other words, the price has increased by $2.01 from its previous closing price. On the day, 1.97 million shares were traded. LFST stock price reached its highest trading level at $7.4 during the session, while it also had its lowest trading level at $6.72.
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 1.11 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:
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 Apr 01 ’24 when Qureshi Danish J. sold 12,965 shares for $5.93 per share. The transaction valued at 76,882 led to the insider holds 4,911,050 shares of the business.
Pantaleoni Pablo sold 10,116 shares of LFST for $59,988 on Apr 01 ’24. The Chief Digital Officer now owns 1,299,927 shares after completing the transaction at $5.93 per share. On Apr 01 ’24, another insider, Pardo Ryan, who serves as the insider of the company, sold 9,830 shares for $5.93 each. As a result, the insider received 58,292 and left with 807,947 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 2721541632 and an Enterprise Value of 3089433600. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 2.927 whereas that against EBITDA is -31.842.
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 10.09%, while the 200-Day Moving Average is calculated to be 4.19%.
Shares Statistics:
It appears that LFST traded 1.24M shares on average per day over the past three months and 992710 shares per day over the past ten days. A total of 378.73M shares are outstanding, with a floating share count of 86.33M. Insiders hold about 77.42% of the company’s shares, while institutions hold 23.68% stake in the company. Shares short for LFST as of 1713139200 were 18667833 with a Short Ratio of 15.06, compared to 1710460800 on 20785854. Therefore, it implies a Short% of Shares Outstanding of 18667833 and a Short% of Float of 23.46.
