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Castlight Health Stock Price, News & Analysis (NYSE:CSLT)

$1.46
-0.04 (-2.67 %)
(As of 10/21/2019 04:28 AM ET)
Today's Range
$1.45
Now: $1.46
$1.51
50-Day Range
$1.25
MA: $1.43
$1.61
52-Week Range
$1.21
Now: $1.46
$4.15
Volume227,984 shs
Average Volume476,757 shs
Market Capitalization$212.07 million
P/E RatioN/A
Dividend YieldN/A
Beta1.54
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. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone415-829-1400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$156.40 million
Cash Flow$0.02 per share
Book Value$1.37 per share

Profitability

Net Income$-39,710,000.00

Miscellaneous

Employees470
Market Cap$212.07 million
Next Earnings Date10/24/2019 (Confirmed)
OptionableOptionable

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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) posted its earnings results on Tuesday, July, 30th. The software maker reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.01. The software maker had revenue of $35.90 million for the quarter, compared to the consensus estimate of $36.95 million. Castlight Health had a negative return on equity of 9.28% and a negative net margin of 19.68%. The company's revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.10) earnings per share. View Castlight Health's Earnings History.

When is Castlight Health's next earnings date?

Castlight Health is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Castlight Health.

How can I listen to Castlight Health's earnings call?

Castlight Health will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has Castlight Health issued on next quarter's earnings?

Castlight Health issued an update on its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) 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 equities research analysts have issued 12-month target prices for Castlight Health's shares. Their predictions 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 242.5% 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. " (10/1/2019)
  • 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?

Headlines about CSLT stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Castlight Health earned a news impact score of 0.8 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Castlight Health.

Are investors shorting Castlight Health?

Castlight Health saw a decline in short interest in September. As of September 30th, there was short interest totalling 2,240,000 shares, a decline of 18.2% from the August 30th total of 2,740,000 shares. Based on an average daily trading volume, of 596,500 shares, the short-interest ratio is presently 3.8 days. Currently, 2.2% of the company's stock are sold short. View Castlight Health's Current Options Chain.

Who are some of Castlight Health's key competitors?

What other stocks do shareholders of Castlight Health own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Castlight Health investors own include Gilead Sciences (GILD), Genocea Biosciences (GNCA), Geron (GERN), Freeport-McMoRan (FCX), Twitter (TWTR), Weyerhaeuser (WY), CorMedix (CRMD), Advanced Micro Devices (AMD), Abraxas Petroleum (AXAS) and Idera Pharmaceuticals (IDRA).

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 variety of of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.48%). 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 Assenagon Asset Management S.A.. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Castlight Health's stock price today?

One share of CSLT stock can currently be purchased for approximately $1.46.

How big of a company is Castlight Health?

Castlight Health has a market capitalization of $212.07 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?

The official website for Castlight Health is http://www.castlighthealth.com/.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  235 (Thanks for Voting!)
Underperform Votes:  311 (Thanks for Voting!)
Total Votes:  546
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.
This page was last updated on 10/21/2019 by MarketBeat.com Staff

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