With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.06 million shares. The 52-week range on LNTH shows that it touched its highest point at $126.89 and its lowest point at $73.11 during that stretch. It currently has a 1-year price target of $129.31. Beta for the stock currently stands at 0.10.
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 1.08%, but this was down by -27.58% over a month. Three-month performance dropped to -19.46% while six-month performance fell -16.93%. The stock lost -4.88% in the past year, while it has lost -15.54% so far this year. A look at the trailing 12-month EPS for LNTH yields 3.52 with Next year EPS estimates of 7.42. For the next quarter, that number is 1.69. This implies an EPS growth rate of -1.15% for this year and 11.07% for next year. EPS is expected to grow by 8.36% 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, 69.15 million LNTH shares are outstanding with a float of 67.04 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 $1.9 and the low estimate is $1.46. The average estimate for the next quarter is thus $1.68.
