Lantheus Holdings (LNTH) Stock Drops Despite Market Gains: Important Facts to Note
From NASDAQ: 2024-06-10 18:15:19
In the latest trading session, Lantheus Holdings (LNTH) closed at $79.28, a -0.78% drop from the previous day. The stock underperformed the S&P 500 but outperformed the Medical sector. Analysts expect Lantheus Holdings to post earnings of $1.83 per share, with revenue predicted to be $382.03 million for the quarter.
For the year, Zacks Consensus Estimates project earnings of $7.11 per share and revenue of $1.52 billion for Lantheus Holdings, reflecting growth. Analyst estimates impact stock prices, with positive revisions indicating a favorable outlook. Lantheus Holdings currently holds a Zacks Rank of #2 (Buy) with a Forward P/E ratio of 11.24.
Lantheus Holdings’ industry, Medical – Products, has a Zacks Industry Rank of 92, placing it in the top 37% of industries. The Zacks Industry Rank is a crucial metric for assessing sector strength, with top-ranked industries generally outperforming others. Stay updated on stock-moving metrics at Zacks.com. Download Zacks’ Special Report on profiting from Bitcoin’s history and future surges. Bitcoin returns in previous election years were significant, and Zacks predicts another surge. Get the report for free today.
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