NYSE:CSLT - Castlight Health Stock Price, Price Target & More

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$4.25 +0.05 (+1.19 %)
(As of 06/25/2018 02:26 AM ET)
Previous Close$4.25
Today's Range$4.10 - $4.30
52-Week Range$3.15 - $4.75
Volume2.05 million shs
Average Volume573,397 shs
Market Capitalization$571.46 million
P/E Ratio-16.35
Dividend YieldN/A
Beta1.37
Castlight Health logoCastlight 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.02
Current Ratio2.00
Quick Ratio2.00

Price-To-Earnings

Trailing P/E Ratio-16.35
Forward P/E Ratio-13.28
P/E GrowthN/A

Sales & Book Value

Annual Sales$131.43 million
Price / Sales4.40
Cash FlowN/A
Price / CashN/A
Book Value$1.30 per share
Price / Book3.27

Profitability

EPS (Most Recent Fiscal Year)($0.26)
Net Income$-55,570,000.00
Net Margins-39.39%
Return on Equity-25.09%
Return on Assets-17.95%

Miscellaneous

Employees527
Outstanding Shares136,060,000

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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) announced its quarterly earnings results on Thursday, May, 10th. The software maker reported ($0.09) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.11) by $0.02. The software maker earned $36.48 million during the quarter, compared to analysts' expectations of $36.02 million. Castlight Health had a negative net margin of 39.39% and a negative return on equity of 25.09%. 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, July, 31st 2018. View Earnings Estimates for Castlight Health.

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

Castlight Health updated its FY18 earnings guidance on Thursday, May, 10th. The company provided earnings per share (EPS) guidance of ($0.11)-(0.15) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.12). The company issued revenue guidance of $150 million to $155 million, compared to the consensus revenue estimate of $153.25 million.

What price target have analysts set for CSLT?

6 brokerages have issued 12-month price targets for Castlight Health's shares. Their forecasts range from $4.50 to $7.00. On average, they expect Castlight Health's stock price to reach $5.6250 in the next twelve months. 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, "1Q18 results were solid. Revenue was $36.5 million vs. our estimate of $36.0 million. Gross margin was 63% vs. our estimate of 66%. The company experienced higher investments to facilitate a record of number of launches in the quarter. It completed a large number of Anthem Engage implementations. We view this as a long-term positive. The adjusted loss per share was $0.06 vs. our estimate of a loss per share of 0.05." (5/10/2018)
  • 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. " (4/24/2018)

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)
  • Mr. Robert Derek Newell, Pres & Director (Age 49)
  • Ms. Siobhan Nolan Mangini, Chief Financial Officer (Age 37)
  • Mr. M P Eric Chan, Chief Accounting Officer (Age 42)

Has Castlight Health been receiving favorable news coverage?

News coverage about CSLT stock has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Castlight Health earned a news impact score of 0.14 on Accern's scale. They also assigned news articles about the software maker an impact score of 45.49 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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 BlackRock Inc. (2.63%), Cowen Prime Services LLC (1.19%), Gagnon Securities LLC (1.05%), Northern Trust Corp (0.54%), Dimensional Fund Advisors LP (0.10%) and Swiss National Bank (0.09%). Company insiders that own Castlight Health stock include Giovanni M Colella, John C Doyle, John Mccracken, Jonathan Rende, Mangini Siobhan Nolan, MP Eric Chan, 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 Gagnon Securities LLC and BlackRock Inc.. Company insiders that have sold Castlight Health company stock in the last year include Giovanni M Colella, John C Doyle, Mangini Siobhan Nolan, MP Eric Chan 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 Cowen Prime Services LLC, Dimensional Fund Advisors LP, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Northern Trust Corp and Swiss National Bank. 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 $4.25.

How big of a company is Castlight Health?

Castlight Health has a market capitalization of $571.46 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.

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 (CSLT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  403
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 6/25/2018 by MarketBeat.com Staff

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