Morgan Stanley raised the price target for the LifeStance Health Group Inc. (NASDAQ:LFST) stock from “an Equal-weight” to “an Overweight”. The rating was released on January 06, 2023, according to finviz. The research report from UBS has downgraded the stock from Buy to Neutral, with a price target set at $10. The stock was downgraded by JP Morgan, who disclosed in a research note on November 09, 2021, from Overweight to Neutral and set the price objective to $12. In their research brief published September 10, 2021, Cowen analysts initiated the LifeStance Health Group Inc. stock to Outperform with a price target of $18.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of LifeStance Health Group Inc. (NASDAQ:LFST) raised 4.69% to close Thursday’s market session at $6.25, higher as compared to yesterday’s close. The stock price fluctuated between $5.925 and $6.275 throughout the trading session with the volume trading being 800196 shares, which represented a significant variation when compared to the three months average volume of 505.76K shares. The firm’s stock price fluctuated 7.94% within the last five trades and 20.19% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -25.77% in the last 6 months and 19.73% was added to its value over the previous 3 months. LFST stock is trading at a margin of 17.51%, 19.86% and 0.36% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, LFST deals in the Healthcare domain. The stock is trading -44.44 percent below its 52-week high and 48.10 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -24.9. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does LifeStance Health Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -42.40 percent and the profit margin is -41.80 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $2.39 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.78 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.46, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 3.10 percent of LifeStance Health Group Inc. shares are owned by insiders, and 82.30 percent are held by financial institutions. Mullins Kevin Michael, the Chief Development Officer at LifeStance Health Group Inc. (LFST) has sold 800 shares of firm on Mar 14 at a price of $6.11 against the total amount of $4888.0. In another inside trade, Mullins Kevin Michael, Chief Development Officer of LifeStance Health Group Inc. (NASDAQ:LFST) sold 122,295 shares of the firm on Mar 08 for a total worth of $0.75 million at a price of $6.12. An inside trade which took place on Nov 07, Chief Administrative Officer of LifeStance Health Group Inc. Gouk Warren sold 15,106 shares of firm against total price of $0.11 million at the cost of $7.20 per share.