Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
LifeStance Health Group Inc (NASDAQ: LFST) closed the day trading at $6.11 up 4.09% from the previous closing price of $5.87. In other words, the price has increased by $4.09 from its previous closing price. On the day, 1.89 million shares were traded. LFST stock price reached its highest trading level at $6.155 during the session, while it also had its lowest trading level at $5.81.
Ratios:
For a better understanding of LFST, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2326015744 and an Enterprise Value of 2666867968. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.20 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 2.526 whereas that against EBITDA is -27.486.
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 -6.02%, while the 200-Day Moving Average is calculated to be -12.52%.
Shares Statistics:
Over the past 3-months, LFST traded about 1.34M shares per day on average, while over the past 10 days, LFST traded about 978070 shares per day. A total of 378.73M shares are outstanding, with a floating share count of 85.93M. Insiders hold about 77.43% of the company’s shares, while institutions hold 23.29% stake in the company. Shares short for LFST as of 1711584000 were 20220665 with a Short Ratio of 15.05, compared to 1709164800 on 27162103. Therefore, it implies a Short% of Shares Outstanding of 20220665 and a Short% of Float of 25.91.
