Lantheus Holdings Inc (NASDAQ: LNTH)’s stock price has soared by 1.28 in relation to previous closing price of 66.54. Nevertheless, the company has seen a gain of 3.34% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-30 that Lantheus’ (LNTH) focus on pipeline development raises optimism about the stock.
Is It Worth Investing in Lantheus Holdings Inc (NASDAQ: LNTH) Right Now?
The price-to-earnings ratio for Lantheus Holdings Inc (NASDAQ: LNTH) is above average at 14.51x. The 36-month beta value for LNTH is also noteworthy at 0.52. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for LNTH is 66.92M, and at present, short sellers hold a 6.95% of that float. The average trading volume of LNTH on May 02, 2024 was 856.82K shares.
LNTH’s Market Performance
LNTH’s stock has seen a 3.34% increase for the week, with a 14.47% rise in the past month and a 29.77% gain in the past quarter. The volatility ratio for the week is 2.93%, and the volatility levels for the past 30 days are at 3.17% for Lantheus Holdings Inc The simple moving average for the last 20 days is 7.91% for LNTH’s stock, with a simple moving average of 3.03% for the last 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 8.87% 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 -33.18% of loss for the given period.
Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares surge +13.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.58% upper at present.
During the last 5 trading sessions, LNTH rose by +3.34%, which changed the moving average for the period of 200-days by -22.89% in comparison to the 20-day moving average, which settled at $62.86. In addition, Lantheus Holdings Inc saw 8.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LNTH starting from Sabens Andrea, who sale 341 shares at the price of $61.24 back on Apr 15 ’24. After this action, Sabens Andrea now owns 63,239 shares of Lantheus Holdings Inc, valued at $20,883 using the latest closing price.
Marshall Robert J. Jr., the CFO and Treasurer of Lantheus Holdings Inc, sale 20,000 shares at $60.00 during a trade that took place back on Mar 15 ’24, which means that Marshall Robert J. Jr. is holding 113,749 shares at $1,200,000 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 3.49. 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 summary, Lantheus Holdings Inc (LNTH) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
