Lantheus Holdings Inc (NASDAQ: LNTH)’s stock price has increased by 2.74 compared to its previous closing price of 59.86. However, the company has seen a 2.88% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that Lantheus Holdings (LNTH) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Lantheus Holdings Inc (NASDAQ: LNTH) Right Now?
Lantheus Holdings Inc (NASDAQ: LNTH) has a higher price-to-earnings ratio of 13.25x compared to its average ratio, The 36-month beta value for LNTH is at 0.55. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LNTH is 66.92M, and currently, shorts hold a 7.06% of that float. The average trading volume for LNTH on April 12, 2024 was 1.08M shares.
LNTH’s Market Performance
The stock of Lantheus Holdings Inc (LNTH) has seen a 2.88% increase in the past week, with a 1.02% rise in the past month, and a 3.73% gain in the past quarter. The volatility ratio for the week is 2.94%, and the volatility levels for the past 30 days are at 3.01% for LNTH. The simple moving average for the past 20 days is 3.46% for LNTH’s stock, with a -7.98% simple moving average for the past 200 days.
Analysts’ Opinion of LNTH
TD Cowen, on the other hand, stated in their research note that they expect to see LNTH reach a price target of $100. The rating they have provided for LNTH stocks is “Outperform” according to the report published on December 04th, 2023.
LNTH Trading at 3.31% from the 50-Day Moving Average
After a stumble in the market that brought LNTH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.02% of loss for the given period.
Volatility was left at 3.01%, however, over the last 30 days, the volatility rate increased by 2.94%, as shares surge +3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.38% upper at present.
During the last 5 trading sessions, LNTH rose by +2.88%, which changed the moving average for the period of 200-days by -28.89% in comparison to the 20-day moving average, which settled at $59.53. In addition, Lantheus Holdings Inc saw -0.81% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LNTH starting from Marshall Robert J. Jr., who sale 20,000 shares at the price of $60.00 back on Mar 15 ’24. After this action, Marshall Robert J. Jr. now owns 113,749 shares of Lantheus Holdings Inc, valued at $1,200,000 using the latest closing price.
Sabens Andrea, the Chief Accounting Officer of Lantheus Holdings Inc, sale 341 shares at $60.48 during a trade that took place back on Mar 13 ’24, which means that Sabens Andrea is holding 63,204 shares at $20,624 based on the most recent closing price.
Stock Fundamentals for LNTH
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.55 for the gross margin
The net margin for Lantheus Holdings Inc stands at 0.25. The total capital return value is set at 0.25. Equity return is now at value 51.73, with 21.98 for asset returns.
Based on Lantheus Holdings Inc (LNTH), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 18.21.
Currently, EBITDA for the company is 444.18 million with net debt to EBITDA at -0.23. When we switch over and look at the enterprise to sales, we see a ratio of 3.18. The receivables turnover for the company is 4.56for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.80.
Conclusion
In conclusion, Lantheus Holdings Inc (LNTH) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
