Castlight Health, Inc provides a software-as-a-service platform used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company also offers implementation, user and customer support, and marketplace services.
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Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Phone415-829-1400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$156.40 million
Profitability
Miscellaneous
Employees470
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
Castlight Health (NYSE:CSLT) Frequently Asked Questions
What is Castlight Health's stock symbol?
Castlight Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSLT."
How were Castlight Health's earnings last quarter?
Castlight Health Inc (NYSE:CSLT) released its quarterly earnings results on Tuesday, July, 30th. The software maker reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The software maker had revenue of $35.90 million for the quarter, compared to analyst estimates of $36.95 million. Castlight Health had a negative return on equity of 9.28% and a negative net margin of 19.68%. The firm's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.10) EPS. View Castlight Health's Earnings History.
When is Castlight Health's next earnings date?
What guidance has Castlight Health issued on next quarter's earnings?
Castlight Health updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $-0.09--0.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.01. The company issued revenue guidance of $140-145 million, compared to the consensus revenue estimate of $155.57 million.
What price target have analysts set for CSLT?
3 Wall Street analysts have issued 1-year target prices for Castlight Health's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Castlight Health's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 257.1% from the stock's current price. View Analyst Price Targets for Castlight Health.
What is the consensus analysts' recommendation for Castlight Health?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Castlight Health in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Castlight Health.
What are Wall Street analysts saying about Castlight Health stock?
Here are some recent quotes from research analysts about Castlight Health stock:
- 1. According to Zacks Investment Research, "Castlight Health, Inc. operates as a provider of cloud-based software. Its enables enterprises to gain control over their rapidly escalating health care costs. The Company's Enterprise Healthcare Cloud allows its customers to conquer the complexity of the existing health care system by providing personalized, actionable information to their employees, implementing technology-enabled benefit designs and integrating disparate systems and applications. Castlight Health, Inc. is headquartered in San Francisco, California. " (8/5/2019)
- 2. Cantor Fitzgerald analysts commented, "We continue to believe that Castlight’s transition from a point solution company (price transparency) to a platform solution (employee wellness) has been overlooked by investors. Anthem’s rollout of Engage is a good example of the company’s progress. We believe the company is poised to post 18% top-line growth in 2018 and to significantly reduce its operating losses and cash burn. Our 2019 estimates already reflect the loss of WMT (Not Covered) and potential savings from its cost-reduction efforts. The company continues to add new platform relationships while stabilizing its attrition of transparency customers." (12/17/2018)
Has Castlight Health been receiving favorable news coverage?
News stories about CSLT stock have trended positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Castlight Health earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the software maker a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Castlight Health.
Are investors shorting Castlight Health?
Castlight Health saw a increase in short interest in July. As of July 15th, there was short interest totalling 2,356,300 shares, an increase of 5.6% from the June 15th total of 2,231,800 shares. Based on an average daily volume of 484,400 shares, the days-to-cover ratio is currently 4.9 days. Currently, 3.1% of the company's stock are short sold. View Castlight Health's Current Options Chain.
Who are some of Castlight Health's key competitors?
Some companies that are related to Castlight Health include Bitauto (BITA), Liberty Tripadvisor Holdings Inc Series A (LTRPA), Cars.com (CARS), Tucows (TCX), Brightcove (BCOV), Carbonite (CARB), ZIX (ZIXI), Sohu.com (SOHU), CooTek (Cayman) (CTK), GTY Technology (GTYH), Ooma (OOMA), Fang (SFUN), Park City Group (PCYG), Veritone (VERI) and FRONTEO (FTEO).
What other stocks do shareholders of Castlight Health own?
Who are Castlight Health's key executives?
Castlight Health's management team includes the folowing people:
- Dr. Bryan Eisman Roberts, Chairman (Age 52)
- Mr. John C. Doyle, CEO & Director (Age 51)
- Ms. Siobhan Nolan Mangini, Chief Financial Officer (Age 38)
- Mr. M P Eric Chan, Chief Accounting Officer (Age 43)
- Mr. Gary J. Fuges C.F.A., CFA, Head of Investor Relations
Who are Castlight Health's major shareholders?
Castlight Health's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.42%), BlackRock Inc. (5.38%), Cortina Asset Management LLC (1.38%), Maverick Capital Ltd. (1.25%), Renaissance Technologies LLC (1.18%) and D. E. Shaw & Co. Inc. (0.73%). Company insiders that own Castlight Health stock include John C Doyle, Maeve O'meara, Mangini Siobhan Nolan, MP Eric Chan, Neeraj Gupta, Robert Derek Newell and Seth B Cohen. View Institutional Ownership Trends for Castlight Health.
Which institutional investors are selling Castlight Health stock?
CSLT stock was sold by a variety of institutional investors in the last quarter, including Cowen Prime Services LLC, Morgan Stanley, Citadel Advisors LLC, Alambic Investment Management L.P., Bank of America Corp DE, Northern Trust Corp, D. E. Shaw & Co. Inc. and Bank of Montreal Can. Company insiders that have sold Castlight Health company stock in the last year include John C Doyle, Maeve O'meara, Mangini Siobhan Nolan, MP Eric Chan and Neeraj Gupta. View Insider Buying and Selling for Castlight Health.
Which institutional investors are buying Castlight Health stock?
CSLT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Renaissance Technologies LLC, Jacobs Levy Equity Management Inc., Acadian Asset Management LLC, CWM LLC, AQR Capital Management LLC and Panagora Asset Management Inc.. View Insider Buying and Selling for Castlight Health.
How do I buy shares of Castlight Health?
Shares of CSLT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Castlight Health's stock price today?
One share of CSLT stock can currently be purchased for approximately $1.40.
How big of a company is Castlight Health?
Castlight Health has a market capitalization of $203.35 million and generates $156.40 million in revenue each year. The software maker earns $-39,710,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis. Castlight Health employs 470 workers across the globe.View Additional Information About Castlight Health.
What is Castlight Health's official website?
How can I contact Castlight Health?
Castlight Health's mailing address is 150 SPEAR STREET SUITE 400, SAN FRANCISCO CA, 94105. The software maker can be reached via phone at 415-829-1400 or via email at [email protected]
MarketBeat Community Rating for Castlight Health (NYSE CSLT)
MarketBeat's community ratings are surveys of what our community members think about Castlight Health and other stocks. Vote "Outperform" if you believe CSLT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSLT will underperform the S&P 500 over the long term. You may vote once every thirty days.
