Lantheus Holdings Inc (NASDAQ: LNTH) is -4.79% lower on its value in year-to-date trading and has touched a low of $50.20 and a high of $100.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LNTH stock was last observed hovering at around $59.02 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $59.03, the stock is -4.93% and 1.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 0.02% at the moment leaves the stock -13.91% off its SMA200. LNTH registered -25.86% loss for a year compared to 6-month gain of -4.51%. The firm has a 50-day simple moving average (SMA 50) of $3.05 and a 200-day simple moving average (SMA200) of $8.04.
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The stock witnessed a -10.93% loss in the last 1 month and extending the period to 3 months gives it a -0.54%, and is 4.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.17% over the week and 3.58% over the month.
Lantheus Holdings Inc (LNTH) has around 834 employees, a market worth around $4.05B and $1.30B in sales. Current P/E ratio is 12.71 and Fwd P/E is 8.85. Profit margin for the company is 25.20%. Distance from 52-week low is 17.59% and -41.47% from its 52-week high. The company has generated returns on investments over the last 12 months (22.81%).
Lantheus Holdings Inc quarterly earnings per share for the current quarter are estimated at $1.54 with sales reaching $348.13M over the same period.The EPS is expected to grow by 5.55% this year, but quarterly earnings will post 10.50% year-over-year. Quarterly sales are estimated to grow 15.70% in year-over-year returns.
Lantheus Holdings Inc (LNTH) Top Institutional Holders
528 institutions hold shares in Lantheus Holdings Inc (LNTH), with institutional investors hold 107.34% of the company’s shares. The shares outstanding are 69.86M, and float is at 66.92M with Short Float at 7.80%. Institutions hold 104.62% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 8.47 million shares valued at $499.79 million. The investor’s holdings represent 12.35% of the LNTH Shares outstanding. As of Dec 30, 2023, the second largest holder is Vanguard Group Inc with 6.97 million shares valued at $411.62 million to account for 10.17% of the shares outstanding. The other top investors are Janus Henderson Group PLC which holds 3.95 million shares representing 5.76% and valued at over $233.03 million, while State Street Corporation holds 3.50% of the shares totaling 2.4 million with a market value of $141.6 million.
Lantheus Holdings Inc (LNTH) Insider Activity
The most recent transaction is an insider sale by Marshall Robert J. Jr.,the company’sCFO and Treasurer. SEC filings show that Marshall Robert J. Jr. sold 20,000 shares of the company’s common stock on Mar 15 ’24 at a price of $60.00 per share for a total of $1.2 million. Following the sale, the insider now owns 0.11 million shares.
Lantheus Holdings Inc disclosed in a document filed with the SEC on Mar 13 ’24 that Sabens Andrea (Chief Accounting Officer) sold a total of 341 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $60.48 per share for $20624.0. Following the transaction, the insider now directly holds 63204.0 shares of the LNTH stock.
Still, SEC filings show that on Mar 07 ’24, Blanchfield Paul (President) disposed off 18,023 shares at an average price of $61.96 for $1.12 million. The insider now directly holds 103,357 shares of Lantheus Holdings Inc (LNTH).
