NYSE:CSLT - Castlight Health Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$2.47 +0.03 (+1.23 %)
(As of 01/16/2019 08:00 AM ET)
Previous Close$2.44
Today's Range$2.42 - $2.51
52-Week Range$1.86 - $5.95
Volume215,300 shs
Average Volume590,662 shs
Market Capitalization$340.94 million
P/E RatioN/A
Dividend YieldN/A
Beta1.16
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 communication and testing, implementation, and user customer support services. It serves customers in a range of industries, including education, manufacturing, retail, technology, and government. The company was formerly known as Ventana Health Services and changed its name to Castlight Health, Inc. in April 2010. Castlight Health, Inc. was founded in 2008 and is headquartered in San Francisco, California.

Receive CSLT News and Ratings via Email

Sign-up to receive the latest news and ratings for CSLT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Current Ratio1.89
Quick Ratio1.89

Price-To-Earnings

Sales & Book Value

Annual Sales$131.43 million
Price / Sales2.63
Price / Cash FlowN/A
Book Value$1.30 per share
Price / Book1.90

Profitability

Net Income$-55,570,000.00
Net Margins-29.23%
Return on Assets-12.24%

Miscellaneous

Employees527
Market Cap$340.94 million
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) posted its earnings results on Tuesday, November, 6th. The software maker reported ($0.01) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.06. The software maker had revenue of $40.04 million for the quarter, compared to analyst estimates of $38.11 million. Castlight Health had a negative net margin of 29.23% and a negative return on equity of 16.59%. The company's revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.05) EPS. 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 Wednesday, February 20th 2019. View Earnings Estimates for Castlight Health.

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

Castlight Health issued an update on its FY18 earnings guidance on Tuesday, November, 6th. The company provided earnings per share (EPS) guidance of $(0.11-0.15) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.13). The company issued revenue guidance of $150-155 million, compared to the consensus revenue estimate of $153.44 million.

What price target have analysts set for CSLT?

5 Wall Street analysts have issued 1 year price objectives for Castlight Health's shares. Their predictions range from $4.80 to $6.00. On average, they anticipate Castlight Health's stock price to reach $5.20 in the next twelve months. This suggests a possible upside of 110.5% from the stock's current price. View Analyst Price Targets for Castlight Health.

What is the consensus analysts' recommendation for Castlight Health?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Castlight Health in the last year. There are currently 1 hold rating and 4 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. 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)
  • 2. 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. " (11/9/2018)

Has Castlight Health been receiving favorable news coverage?

Press coverage about CSLT stock has been trending positive on Wednesday, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 2.8 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the immediate future.

Who are some of Castlight Health's key competitors?

Who are Castlight Health's key executives?

Castlight Health's management team includes the folowing people:
  • Dr. Bryan Eisman Roberts, Chairman (Age 51)
  • Mr. John C. Doyle, CEO & Director (Age 50)
  • Ms. Siobhan Nolan Mangini, Chief Financial Officer (Age 37)
  • Mr. Robert Derek Newell, Advisor to the Chief Exec. Officer (Age 49)
  • Mr. M P Eric Chan, Chief Accounting Officer (Age 42)

Who are Castlight Health's major shareholders?

Castlight Health's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Edge Wealth Management LLC (0.09%). Company insiders that own Castlight Health stock include Giovanni M Colella, John C Doyle, John Mccracken, Jonathan Rende, Maeve O'meara, Mangini Siobhan Nolan, MP Eric Chan, Neeraj Gupta, Priya Jain, Robert Derek Newell and Seth B Cohen. View Institutional Ownership Trends for Castlight Health.

Which major investors are buying Castlight Health stock?

CSLT stock was acquired by a variety of institutional investors in the last quarter, including Edge Wealth Management LLC. 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 $2.47.

How big of a company is Castlight Health?

Castlight Health has a market capitalization of $340.94 million and generates $131.43 million in revenue each year. The software maker earns $-55,570,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis. Castlight Health employs 527 workers across the globe.

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:  205 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  469
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 1/16/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel