Lantheus ( (LNTH) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Lantheus Holdings Inc. has experienced a downturn in its stock price despite analysts maintaining a Strong Buy consensus and setting an average price target of $131.00. The stock closed at $94.88, driven by concerns over a reported GAAP net loss of $11.79 million, a stark contrast to the previous year’s net profit of $103.38 million. Analysts like Roanna Ruiz from Leerink Partners remain optimistic, citing strong revenue growth and strategic partnerships as reasons for their positive outlook, even amidst potential uncertainties such as a PET scanner shortage.
More about Lantheus
YTD Price Performance: 5.65%
Average Trading Volume: 858,025
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.42B
For further insights into LNTH stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.