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The closing price of LifeStance Health Group Inc (NASDAQ: LFST) was $6.94 for the day, up 0.58% from the previous closing price of $6.90. In other words, the price has increased by $0.58 from its previous closing price. On the day, 1.29 million shares were traded. LFST stock price reached its highest trading level at $6.99 during the session, while it also had its lowest trading level at $6.81.
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 1.22 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:
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 Sep 13 ’24 when KHAN IRREVOCABLE TRUST LLC bought 87,830 shares for $6.94 per share.
Varanakis Ann sold 5,269 shares of LFST for $33,089 on Aug 23 ’24. The Chief People Officer now owns 263,007 shares after completing the transaction at $6.28 per share. On Aug 21 ’24, another insider, KEVIN M MULLINS, who serves as the Former officer of the company, bought 1,400,000 shares for $5.74 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 2655403776 and an Enterprise Value of 3065754624. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 2.651 whereas that against EBITDA is 538.324.
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 18.87%, while the 200-Day Moving Average is calculated to be 9.88%.
Shares Statistics:
LFST traded an average of 1.62M shares per day over the past three months and 1537600 shares per day over the past ten days. A total of 378.73M shares are outstanding, with a floating share count of 111.27M. Insiders hold about 70.92% of the company’s shares, while institutions hold 32.68% stake in the company. Shares short for LFST as of 1724976000 were 12127976 with a Short Ratio of 7.47, compared to 1722384000 on 14874961. Therefore, it implies a Short% of Shares Outstanding of 12127976 and a Short% of Float of 15.17.
