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

Sign in or create an account to add this stock to your watchlist.
$2.20 -0.14 (-5.98 %)
(As of 12/16/2018 02:55 PM ET)
Previous Close$2.20
Today's Range$2.16 - $2.38
52-Week Range$2.16 - $5.95
Volume512,599 shs
Average Volume485,994 shs
Market Capitalization$307.40 million
P/E Ratio-8.46
Dividend YieldN/A
Beta1.11
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

Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:CSLT
Previous Symbol
CUSIPN/A
Phone415-829-1400

Debt

Debt-to-Equity Ratio0.02
Current Ratio1.89
Quick Ratio1.89

Price-To-Earnings

Trailing P/E Ratio-8.46
Forward P/E Ratio-9.57
P/E GrowthN/A

Sales & Book Value

Annual Sales$131.43 million
Price / Sales2.34
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.30 per share
Price / Book1.69

Profitability

EPS (Most Recent Fiscal Year)($0.26)
Net Income$-55,570,000.00
Net Margins-29.23%
Return on Equity-16.59%
Return on Assets-12.24%

Miscellaneous

Employees527
Outstanding Shares139,730,000
Market Cap$307.40 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) announced its quarterly earnings data on Tuesday, November, 6th. The software maker reported ($0.01) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.07) by $0.06. The software maker had revenue of $40.04 million for the quarter, compared to the consensus estimate of $38.11 million. Castlight Health had a negative return on equity of 16.59% and a negative net margin of 29.23%. Castlight Health's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the company 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 EPS guidance of $(0.11-0.15) for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 1-year target prices for Castlight Health's stock. Their predictions range from $4.80 to $6.00. On average, they expect Castlight Health's stock price to reach $5.20 in the next year. This suggests a possible upside of 136.4% 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. 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)
  • 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 progress. We believe the company is poised to post 17% top line growth in 2018 and significantly reduce its operating losses and cash burn. The company continues to add new platform relationships while stabilizing its attrition of transparency customers. The shares trade at a 83% discount to our DCF-based target price." (8/17/2018)

Has Castlight Health been receiving favorable news coverage?

Media stories about CSLT stock have been trending positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Castlight Health earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the next several days.

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 retail and institutional investors. Top institutional investors include FMR LLC (9.35%), Vanguard Group Inc (4.48%), Vanguard Group Inc. (4.48%), BlackRock Inc. (4.19%), Gagnon Securities LLC (1.89%) and Cowen Prime Services LLC (1.57%). 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 institutional investors are selling Castlight Health stock?

CSLT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., Rice Hall James & Associates LLC, Falcon Point Capital LLC and Taylor Wealth Management Partners. 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, Neeraj Gupta and Seth B Cohen. 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., Gagnon Securities LLC, Bellevue Group AG, CWM LLC, Dimensional Fund Advisors LP, Cowen Prime Services LLC, AQR Capital Management LLC and Vanguard Group 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 $2.20.

How big of a company is Castlight Health?

Castlight Health has a market capitalization of $307.40 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:  202 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  463
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 12/16/2018 by MarketBeat.com Staff

Featured Article: How mutual funds make money

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