Lannett Co Inc (NYSE:LCI) shares traded -3.03% down during most recent session to reach at the closing price of $7.69. The stock exchanged hands 1.05 Million shares versus average trading capacity of 1.56 Million shares, yielding a market cap of $303.52 Million. Wall Street analysts covering the stock are projecting that the stock will reach $8.67 within the next 52-weeks. The mean target projections are based on 3 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Lannett Co Inc (NYSE:LCI) high price target of $10 and with a conservative view have low price target of $6.
SunTrust Robinson Humphrey “Initiates Coverage On” Lannett Co Inc (NYSE:LCI) in a research note issued to investors on 3/20/19 to Hold with price target of $9.
Additionally on 8/21/18 BMO Capital “Maintained” Lannett Co Inc (NYSE:LCI) to Market Perform setting price target at $8 and on 8/21/18 Raymond James “Downgrades” the stock to Market Perform at $0. Furthermore on 8/20/18 Craig-Hallum “Downgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 39.84 along with Average True Range (ATR 14) of 0.46, Consequently Lannett Co Inc (NYSE:LCI)’s weekly and monthly volatility is 4.34%, 5.46% respectively. The company’s beta value is at 2.47.
In terms of Buy, Sell or Hold recommendations, Lannett Co Inc (NYSE:LCI) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Lannett Co Inc (NYSE:LCI)’s minimum EPS for the current quarter is at $0.58 and can go high up to $0.66. The consensus mean EPS for the current quarter is at $0.64 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.8 earnings per share for the same quarter during last year.
Previously Lannett Co Inc (NYSE:LCI) reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.19. The company posted an earnings surprise of 28.4%.
Lannett Co Inc (NYSE:LCI)’s revenue estimates for the current quarter are $156.58 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $158.3 Million in contradiction of low revenue estimates of $154.82 Million. For the current year the company’s revenue estimates are $538.39 Million compared to low analyst estimates of $279.4 Million and high estimates of $628.8 Million according to 4 number of analysts.
Currently Lannett Co Inc (NYSE:LCI)’s shares owned by insiders are 6.2%, whereas shares owned by institutional owners are 84%. However the six-month change in the insider ownership was recorded 2.56%, as well as three-month change in the institutional ownership was recorded -0.98%.
Lannett Co Inc (NYSE:LCI)’s trailing twelve month revenues are $694.1 Million, whereas its price to sales ratio for the same period is 0.44. Its book value per share for the most recent quarter is $8.65 while its price to book ratio for the same period is 0.89, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.