Lantheus Holdings Inc. (LNTH) Shares Up 5.7%
Lantheus Holdings Inc. (NASDAQ:LNTH) shares shot up 5.7% during mid-day trading on Wednesday . The company traded as high as $4.30 and last traded at $4.28, with a volume of 144,110 shares trading hands. The stock had previously closed at $4.05.
A number of brokerages have recently issued reports on LNTH. Zacks Investment Research lowered Lantheus Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 19th. Jefferies Group reiterated a “buy” rating on shares of Lantheus Holdings in a research report on Wednesday, May 4th. Finally, Robert W. Baird reiterated a “hold” rating on shares of Lantheus Holdings in a research report on Monday, April 11th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $5.65.
The company’s 50-day moving average is $3.75 and its 200-day moving average is $2.52. The stock’s market capitalization is $139.08 million.
Lantheus Holdings (NASDAQ:LNTH) last released its quarterly earnings results on Tuesday, May 3rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.28. The business had revenue of $76.50 million for the quarter, compared to the consensus estimate of $72.43 million. On average, analysts predict that Lantheus Holdings Inc. will post $0.35 earnings per share for the current year.
Lantheus Holdings, Inc is a holding company. The Company, through Lantheus Medical Imaging, Inc, develops, manufactures, sells and distributes diagnostic medical imaging agents and products that assist clinicians in the diagnosis of cardiovascular and other diseases. It operates in two geographical segments: U.S.