Now Is The Time To Build A Position In Lantheus Holdings Inc (NASDAQ:LNTH)

Lantheus Holdings Inc (NASDAQ:LNTH)’s traded shares stood at 1.1 million during the last session, with the company’s beta value hitting 0.46. At the close of trading, the stock’s price was $76.83, to imply a decrease of -4.96% or -$4.01 in intraday trading. The LNTH share’s 52-week high remains $126.89, putting it -65.16% down since that peak but still an impressive 34.66% since price per share fell to its 52-week low of $50.20. The company has a valuation of $5.34B, with an average of 2.16 million shares in intraday trading volume over the past 10 days and average of 864.29K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Lantheus Holdings Inc (LNTH), translating to a mean rating of 1.17. Of 5 analyst(s) looking at the stock, 0 analyst(s) give LNTH a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.51.

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Lantheus Holdings Inc (NASDAQ:LNTH) trade information

After registering a -4.96% downside in the last session, Lantheus Holdings Inc (LNTH) has traded red over the past five days. The 5-day price performance for the stock is -12.19%, and -33.57% over 30 days. With these gigs, the year-to-date price performance is 23.92%. Short interest in Lantheus Holdings Inc (NASDAQ:LNTH) saw shorts transact 4.19 million shares and set a 8.23 days time to cover.

The extremes give us $120 and $175 for target low and target high price respectively. As such, LNTH has been trading -127.78% off suggested target high and -56.19% from its likely low.

Lantheus Holdings Inc (LNTH) estimates and forecasts

Looking at statistics comparing Lantheus Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. Lantheus Holdings Inc (LNTH) shares are -3.56% down over the last 6 months, with its year-to-date growth rate lower than industry average at 7.54% against 11.80%. Revenue is forecast to shrink -13.71% this quarter before falling -8.99% for the next one. The rating firms project that company’s revenue will grow 17.19% compared to the previous financial year.

Revenue forecast for the current quarter as set by 10 analysts is 375.86M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 381.46M.Earnings reports from the last fiscal year show that sales brought in 354M and 369.98M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.17% before jumping 3.10% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 35.30% for the past 5-year period. While 2024 is set for a 7.64% return in earnings, projections for the next 5 years are at 8.50% annually.

LNTH Dividends

Lantheus Holdings Inc has its next earnings report out on 2025-Feb-20. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Lantheus Holdings Inc (NASDAQ:LNTH)’s Major holders

Lantheus Holdings Inc insiders hold 2.49% of total outstanding shares, with institutional holders owning 104.05% of the shares at 106.70% float percentage. In total, 104.05% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 8.6 million shares (or 12.5019% of shares), all amounting to roughly $690.17 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 7.57 million shares, or about 11.0035% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $607.45 million.