Lantheus Holdings Inc. (NASDAQ:LNTH) finished Friday with an addition of $0.91 to close at $69.00, an upside of 1.34 percent. An average of 1,394,280 shares of common stock have been traded in the last five days. There was a fall of -$6.69 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 1,258,465 shares traded, while the 50-day average volume stands at 1,089,444.
LNTH stock has decreased by -18.27% in the last month. The company shares reached their 1-month lowest point of $67.57 on 08/10/23. With the stock rallying to its 52-week high on 05/12/23, shares of the company touched a low of $47.46 and a high of $100.85 in 52 weeks. It has reached a new high 30 times so far this year and achieved 35.40% or $18.04 in price. In spite of this, the price is down -31.58% from the 52-week high.
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Insider Transactions
LNTH stock investors should be aware that Lantheus Holdings Inc. (LNTH) stock had its last reported insider trading activity 24 days ago on Jul 19. In this transaction, the insider spent $159,209. President, Blanchfield Paul, disposed of 1,500 shares at a price of $97.93 on May 18. The insider now owns more than $146,895 worth of shares. Prior to that, CFO and Treasurer Marshall Robert J. Jr. went on to Sale 10,000 shares at $99.36 each on May 15. An amount of $993,600 was transacted.
Valuation Metrics
Lantheus Holdings Inc. (LNTH) stock’s beta is 0.69. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.43, the price-to-book (PB) ratio at 8.54, and the price-to-cash flow ratio at 18.61.
Financial Health
The quick ratio of Lantheus Holdings Inc. for the three months ended June 29 was 4.50, and the current ratio was 4.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.01 and a total debt to equity ratio of 1.01 for the quarter ending June 29. Lantheus Holdings Inc.’s EBITDA margin for the year ending June 29 is 12.71%, while its operating margin for the same period stands at 2.80%. Its gross profit as reported stood at $581.7 million compared to revenue of $935.06 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 2.60%.
Earnings Surprise
For the three-month period that ended June 29, Lantheus Holdings Inc. had $559.24 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $94.13 million in the quarter, while revenues of -$2.81 million were grew 54.25%. The analyst consensus anticipated Lantheus Holdings Inc.’s latest quarter earnings to come in at $1.31 per share, but it turned out to be $1.54, a 17.60% surprise. For the quarter, EBITDA amounted to $8.92 million. Shareholders own equity worth $68.43 million.
Technical Picture
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 11 August was 26.69%, suggesting the stock is oversold, with historical volatility in this time frame at 58.25%.
As of today, LNTH’s price is $69.73 -8.84% or -$6.69 from its 5-day moving average. LNTH is currently trading -19.85% lower than its 20-day SMA and -12.86% lower than its 100-day SMA. However, the stock’s current price level is -20.31% below the SMA50 and -4.79% below the SMA200.
The stochastic %K and %D were 3.67% and 5.05%, respectively, and the average true range (ATR) was 3.42. With the 14-day stochastic at 6.80% and the average true range at 3.40, the RSI (14) stands at 30.52%. The stock has reached -5.01 on the 9-day MACD Oscillator while the 14-day reading was at -9.28.
Analyst Ratings
JMP Securities launched coverage on Lantheus Holdings Inc. (NASDAQ: LNTH) in its analyst report released on March 08, 2023. The firm assigned the stock a Mkt 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 8 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 $110.00 and $130.00, with a median target of $125.00. Taking a look at these predictions, the average price target given by analysts for Lantheus Holdings Inc. (LNTH) stock is $121.50.
