Lantheus Holdings Inc. (NASDAQ:LNTH) Stock: Worth Taking a Bite?

Lantheus Holdings Inc. (NASDAQ:LNTH) previous close was $24.54 while the outstanding shares total 67.09M. The firm has a beta of 1.31. LNTH’s shares traded lower over the last trading session, losing -0.57% on 06/10/21. The shares fell to a low of $23.76 before closing at $24.40. Intraday shares traded counted 0.54 million, which was 29.68% higher than its 30-day average trading volume of 767.75K. The stock’s Relative Strength Index (RSI) is 60.67, with weekly volatility at 3.62% and ATR at 1.05. The LNTH stock’s 52-week price range has touched low of $10.52 and a $25.79 high.

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Investors have identified the Diagnostics & Research company Lantheus Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.64 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Lantheus Holdings Inc. (LNTH) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For LNTH, the company has in raw cash 68.86 million on their books with 10.25 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 168.35 million total, with 64.59 million as their total liabilities.

LNTH were able to record 7.3 million as free cash flow during the 08/05/2021 quarter of the year, this saw their quarterly net cash flow reduce by -11.69 million. In cash movements, the company had a total of 9.82 million as operating cash flow.

Potential earnings growth for Lantheus Holdings Inc. (LNTH)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/05/2021 quarter of the year, Lantheus Holdings Inc. recorded a total of 92.51 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 1.95% coming in sequential stages and their sales for the 08/05/2021 quarter reducing by -1.78%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 51.48 million trying to sell their products during the last quarter, with the result yielding a gross income of 41.03 million. This allows shareholders to hold on to 67.09M with the recently reported earning now reading 0.13 cents per share. This is a figure that compared to analyst’s prediction for their 08/05/2021 (0.05 cents a share).

Having a look at the company’s valuation, the company is expected to record 0.87 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LNTH sounds very interesting.

Is the stock of LNTH attractive?

In related news, Chief Business Officer, Montagut Etienne sold 7,435 shares of the company’s stock in a transaction that recorded on Jun 04. The sale was performed at an average price of 24.60, for a total value of 182,901. As the sale deal closes, the SVP and General Counsel, DUFFY MICHAEL P now sold 7,500 shares of the company’s stock, valued at 163,125. Also, President & CEO, Heino Mary Anne sold 19,421 shares of the company’s stock in a deal that was recorded on Apr 12. The shares were price at an average price of 20.66 per share, with a total market value of 401,277. Following this completion of acquisition, the Director, McHugh Julie now holds 2,800 shares of the company’s stock, valued at 59,416. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.50%.

3 out of 4 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Lantheus Holdings Inc.. 0 analysts has assigned a Sell rating on the LNTH stock. The 12-month mean consensus price target for the company’s shares has been set at $27.50.