With 1.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.9 million shares. The 52-week range on LNTH shows that it touched its highest point at $126.89 and its lowest point at $56.44 during that stretch. It currently has a 1-year price target of $131.11. Beta for the stock currently stands at 0.17.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LNTH was up-trending over the past week, with a rise of 15.97%, but this was up by 21.02% over a month. Three-month performance surged to 23.83% while six-month performance rose 4.43%. The stock gained 77.52% in the past year, while it has gained 22.97% so far this year. A look at the trailing 12-month EPS for LNTH yields 4.37 with Next year EPS estimates of 7.88. For the next quarter, that number is 1.64. This implies an EPS growth rate of 3.27% for this year and 12.90% for next year. EPS is expected to grow by 9.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.75%.
Float and Shares Shorts:
At present, 70.91 million LNTH shares are outstanding with a float of 66.55 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LNTH since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.95274 being high and $6.66304 being low. For LNTH, this leads to a yearly average estimate of $6.75295. Based on analyst estimates, the high estimate for the next quarter is $1.95 and the low estimate is $1.55. The average estimate for the next quarter is thus $1.75.
