Lantheus Holdings Inc. (NASDAQ:LNTH) finished Wednesday with a subtraction of -$0.34 to close at $48.76, a downside of -0.69 percent. An average of 851,920 shares of common stock have been traded in the last five days. There was a fall of -$3.60 in the past week, and it reached a new high 32 times over the past 12 months. The last 20 days have seen an average of 1,370,930 shares traded, while the 50-day average volume stands at 1,174,682.
LNTH stock has decreased by -19.92% in the last month. The company shares reached their 1-month lowest point of $47.77 on 12/28/22. With the stock rallying to its 52-week high on 09/14/22, shares of the company touched a low of $23.51 and a high of $87.47 in 52 weeks. It has reached a new high 33 times so far this year and achieved 68.78% or $19.87 in price. In spite of this, the price is down -44.26% from the 52-week high.
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LNTH stock investors should be aware that Lantheus Holdings Inc. (LNTH) stock had its last reported insider trading activity 14 days ago on Dec 15. In this transaction, the insider spent $20,748. Chief Operating Officer, Blanchfield Paul, disposed of 2,432 shares at a price of $54.79 on Nov 17. The insider now owns more than $133,249 worth of shares. Prior to that, Chief Accounting Officer Sabens Andrea went on to Sale 386 shares at $59.00 each on Nov 15. An amount of $22,774 was transacted.
Lantheus Holdings Inc. (LNTH) has a trailing price-to-earnings (P/E) ratio of 32.75. The stock’s beta is 0.78. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.25, the price-to-book (PB) ratio at 5.25, and the price-to-cash flow ratio at 19.80.
The quick ratio of Lantheus Holdings Inc. for the three months ended June 29 was 2.00, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.24 and a total debt to equity ratio of 0.26 for the quarter ending June 29. Its gross profit as reported stood at $187.69 million compared to revenue of $425.21 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Lantheus Holdings Inc.’s return on assets was 11.00%.
For the three-month period that ended June 29, Lantheus Holdings Inc. had $152.06 million in total debt. The analyst consensus anticipated Lantheus Holdings Inc.’s latest quarter earnings to come in at $0.7 per share, but it turned out to be $0.89, a 27.10% surprise. For the quarter, EBITDA amounted to $97.64 million. Shareholders own equity worth $68.83 million.
From a technical analysis perspective, let’s take a brief look at Lantheus Holdings Inc. (LNTH) price momentum. RSI 9-day as of the close on 28 December was 18.51%, suggesting the stock is oversold, with historical volatility in this time frame at 16.99%.
As of today, LNTH’s price is $50.45 -6.88% or -$3.60 from its 5-day moving average. LNTH is currently trading -19.60% lower than its 20-day SMA and -37.94% lower than its 100-day SMA. However, the stock’s current price level is -31.89% below the SMA50 and -2.23% below the SMA200.
The stochastic %K and %D were 6.84% and 7.01%, respectively, and the average true range (ATR) was 1.98. With the 14-day stochastic at 10.50% and the average true range at 2.25, the RSI (14) stands at 26.54%. The stock has reached -1.92 on the 9-day MACD Oscillator while the 14-day reading was at -2.89.
SVB Leerink launched coverage on Lantheus Holdings Inc. (NASDAQ: LNTH) in its analyst report released on November 30, 2022. The firm assigned the stock an Outperform rating. The consensus rating for Lantheus Holdings Inc. (LNTH) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LNTH, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 7 others rate it as a “buy”.
What is LNTH’s price target for the next 12 months?
Analysts predict a range of price targets between $85.00 and $120.00, with a median target of $102.00. Taking a look at these predictions, the average price target given by analysts for Lantheus Holdings Inc. (LNTH) stock is $100.86.