Lannett Company, Inc. (NYSE:LCI) jumped 3.06 percent and ended the day at $23.55. The Average Volume of the company is 1.08 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 7.37.
Deutsche Bank Initiated its coverage for Lannett Company, Inc. (NYSE:LCI) in a note sent to investors on 29-Jun-16. The research firm Initiated the stock to Hold. Moreover, Canaccord Genuity issued Downgrade rating for the stock on 24-Mar-16. Craig Hallum also Upgrade the company to Buy on 4-Feb-16, 2016. Additionally, Craig Hallum Downgrade its ratings on the stock to Hold.
The highest price LCI stock touched in the last 12 month was $39.99 and the lowest price it hit in the same period was $16.75. The stock has a Return on Assets of -1.3 percent, Return on Investment of 6.8 percent and a Return on Equity of -4.3 percent. The company’s market cap is $875.81 Million.
Lannett Company, Inc. (NYSE:LCI)’s growth estimate is 16 percent for the current quarter. The growth estimate for the next quarter is 23.3 percent. The company’s stock has climbed 103.69 percent in the past five year. The company is expected to grow by 3.15 percent over the next five years.
Price Target is an important factor while doing analysis of a stock. According to 5 analysts, Price Target for Lannett Company, Inc. (NYSE:LCI) may hit a high of $38. The average and low price target for the stock are $29.2 and $25, respectively.
Now we look at the Moving Averages, the 200-day is -6.16, the 50-day is 8.27 and the 20-day is 11.7. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $0.75 per share for the current quarter. Revenue is expected in between 174 Million and 169.4 Million with an average of 171.08 Million.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 1.2. Out of 6 brokerage recommendations, 0 gave a Strong Buy, 4 issued a Buy, 2 issued Hold, 0 rated Under-perform and 0 issued a Sell.
Lannett Company, Inc. (NYSE:LCI) performance during the last one year Degraded -5.69 percent, while its year to date (YTD) performance showed a Positive trend of 6.8 percent. The stock Fell -27.13 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 9.28 percent, whereas its last one month trend is Optimistic with 25.27 percent. Its weekly performance showed upward trend of 0.86 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at -3.5 percent, operating profit margin was 9 percent, whereas gross profit margin stands at 49.8 percent. Beta factor was calculated at 2.43.
Lannett Company, Inc. (NYSE:LCI) has 38.19 Million shares outstanding and 27.24 Million shares were floated in market. The short ratio in the company’s stock is documented at 11.43 and the short float is around of 45.46%. The stock’s average true range of stands at 1.15, while the relative strength index is 62.94.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 1.6, current ratio was 2, LT Debt/Equity ratio was 1.62 and Total Debt/Equity ratio was 1.95.