Lantheus Holdings Inc. (NASDAQ:LNTH) saw a downside of -4.45% to close Monday at $72.32 after subtracting -$3.37 on the day. The 5-day average trading volume is 2,058,260 shares of the company’s common stock. It has gained $87.24 in the past week and touched a new high 1 time within the past 5 days. An average of 1,143,025 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,115,088.
LNTH’s 1-month performance is -12.23% or -$10.08 on its low of $69.74 reached on 08/03/23. The company’s shares have touched a 52-week low of $47.46 and high of $100.85, with the stock’s rally to the 52-week high happening on 05/12/23. YTD, LNTH has achieved 41.92% or $21.36 and has reached a new high 30 times. However, the current price is down -28.29% from the 52-week high price.
Insider Transactions
LNTH stock investors last saw insider trading activity on Jul 19.Sabens Andrea (Chief Accounting Officer) most recently sold 1,752 shares at $90.87 per share on Jul 19. This transaction cost the insider $159,209. President, Blanchfield Paul, sold 1,500 shares at a price of $97.93 on May 18. Then, on May 15, CFO and Treasurer Marshall Robert J. Jr. sold 10,000 shares at a price of $99.36 per share. This transaction amounted to $993,600.
Valuation Metrics
LNTH stock has a beta of 0.67. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.64 while the price-to-book (PB) in the most recent quarter is 8.95, with the price to cash flow ratio at 19.51.
Lantheus Holdings Inc.’s quick ratio for the period ended June 29 was 4.50, with the current ratio over the same period at 4.90. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.01, while the total debt to equity was 1.01. In terms of profitability, the gross margin trailing 12 months is 62.90%. The trailing 12-month EBITDA margin is 12.71% while for the period ending June 29, Lantheus Holdings Inc.’s operating margin was 2.80%. The firm’s gross profit as reported stood at $581.7 million against revenue of $935.06 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 54.25% to $94.13 million, while revenue of -$2.81 million was 102.99% off the previous quarter. Analysts expected LNTH to announce $1.31 per share in earnings in its latest quarter, but it posted $1.54, representing a 17.60% surprise. EBITDA for the quarter stood at more than $8.92 million. LNTH stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 785.08 million, with total debt at $592.47 million. Shareholders hold equity totaling $68.43 million.
Let’s look briefly at Lantheus Holdings Inc. (LNTH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 28.01% to suggest the stock is trending oversold, with historical volatility in this time period at 66.91%.
The stock’s 5-day moving average is $77.30, reflecting a -16.38% or -$14.17 change from its current price. LNTH is currently trading -14.78% above its 20-day SMA, -0.96% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -24.89% and SMA200 by-0.50%.
Stochastic %K and %D was 17.90% and 12.94% and the average true range (ATR) pointed at 3.93. The RSI (14) points at 32.35%, while the 14-day stochastic is at 11.69% with the period’s ATR at 3.67. The stock’s 9-day MACD Oscillator is pointing at -7.47 and -9.21 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Lantheus Holdings Inc. (NASDAQ: LNTH), JMP Securities launched coverage with a Mkt outperform rating. Analysts offering their rating for LNTH stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate LNTH as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
What is LNTH’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $110.00 and a high of $130.00, with their median price target at $125.00. Looking at these predictions, the average price target given by analysts is for Lantheus Holdings Inc. (LNTH) stock is $121.50.
