Redburn Atlantic has recently initiated Lantheus Holdings Inc (LNTH) stock to Buy rating, as announced on September 3, 2024, according to Finviz. Earlier, on July 10, 2024, JMP Securities had reiterated the stock to Mkt Outperform, setting a price target of $130 for LNTH stock. William Blair also reduced Mkt Perform rating. Additionally, TD Cowen initiated Outperform rating on December 4, 2023, with a target price of $100. William Blair analysts, in their report published on September 29, 2023, also initiated Outperform rating for Lantheus Holdings Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Lantheus Holdings Inc (LNTH) Stock Trading Recap
On Monday, Lantheus Holdings Inc (LNTH) stock saw a decline, ending the day at $84.08 which represents a decrease of $-3.42 or -3.91% from the prior close of $87.5. The stock opened at $85.5 and touched a low of $81.26 during the day, reaching a high of $86.89. The volume of shares traded was 2.33 million exceeding the average volume of 0.79 million.
LNTH Stock Performance and Moving Averages
In recent trading, Lantheus Holdings Inc (LNTH) stock price has shown some volatility, fluctuating -27.17% over the last five trades and -25.06% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 7.96%, and it has plunged by -13.77% in the previous three months. Currently, LNTH is trading at -21.46%, -21.34%, and -1.33% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, LNTH, a Healthcare sector stock, is trading -33.74% below its 52-week high but remains 67.49% above its 52-week low. The Average True Range (ATR) (14 days) of 5.94 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Lantheus Holdings Inc’s Profitability and Valuation Ratios
Lantheus Holdings Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 31.70% and a profit margin of 28.57%, with a gross margin of 7.96%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Lantheus Holdings Inc’s market capitalization stands at $5.79 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 13.97, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 12.22. Additionally, the Price-to-Sales Ratio is 3.87, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 5.05, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 2.53% of Lantheus Holdings Inc (LNTH)’s shares, while financial institutions hold 99.16%.
Notable insider trades include Niedzwiecki Daniel, See Remarks at Lantheus Holdings Inc (LNTH), who sold 2500 shares on Aug 14 ’24, at $97.54 each, totaling $0.24 million. On Aug 12 ’24, Ber Gerard, Director, sold 15500 shares for $96.48 each, amounting to $1.50 million. Additionally, on Aug 08 ’24, Blanchfield Paul sold 2000 shares at $96.39 each, generating $0.19 million.
