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

$1.40
-0.05 (-3.45 %)
(As of 08/25/2019 09:24 AM ET)
Today's Range
$1.40
Now: $1.40
$1.43
50-Day Range
$1.36
MA: $2.28
$3.17
52-Week Range
$1.34
Now: $1.40
$4.15
Volume545,721 shs
Average Volume876,198 shs
Market Capitalization$203.35 million
P/E RatioN/A
Dividend YieldN/A
Beta1.41
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$0.0232 per share
Book Value$1.28 per share

Profitability

Net Income$-39,710,000.00

Miscellaneous

Employees470
Market Cap$203.35 million
Next Earnings Date11/5/2019 (Estimated)
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) issued its quarterly earnings data 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 earned $35.90 million during 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 company's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the company posted ($0.10) 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 Tuesday, November 5th 2019. View Earnings Estimates for Castlight Health.

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 EPS guidance of $-0.09--0.06 for the period, compared to the Thomson Reuters consensus earnings per share 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 12 month target prices for Castlight Health's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Castlight Health's share price to reach $5.00 in the next year. 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 recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Castlight Health earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Castlight Health.

Are investors shorting Castlight Health?

Castlight Health saw a increase in short interest in the month of 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 trading volume, of 484,400 shares, the short-interest ratio is currently 4.9 days. Approximately 3.1% 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 Geron (GERN), Gilead Sciences (GILD), Genocea Biosciences (GNCA), Teladoc Health (TDOC), CorMedix (CRMD), Advanced Micro Devices (AMD), Abraxas Petroleum (AXAS), Idera Pharmaceuticals (IDRA), Immunomedics (IMMU) and Kopin (KOPN).

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 retail and institutional 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 major 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 major 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?

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:  2.1 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  524
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 8/25/2019 by MarketBeat.com Staff

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