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

Castlight Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSLT."

Castlight Health Inc (NYSE:CSLT) announced its quarterly earnings results on Thursday, October, 24th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.04). The software maker earned $35.46 million during the quarter, compared to the consensus estimate of $35.46 million. Castlight Health had a negative return on equity of 13.00% and a negative net margin of 21.68%. The business's revenue for the quarter was down 11.4% compared to the same quarter last year. View Castlight Health's Earnings History.

Castlight Health is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Castlight Health.

Castlight Health issued an update on its FY 2019 After-Hours earnings guidance on Thursday, January, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $145 million, compared to the consensus revenue estimate of $142.26 million.

3 brokerages have issued 12-month price objectives for Castlight Health's stock. Their forecasts range from $1.20 to $1.50. On average, they anticipate Castlight Health's stock price to reach $1.35 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets 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 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Castlight Health.

News stories about CSLT stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Castlight Health earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Castlight Health.

Castlight Health saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 1,630,000 shares, a decrease of 13.8% from the December 15th total of 1,890,000 shares. Based on an average trading volume of 796,300 shares, the short-interest ratio is currently 2.0 days. Approximately 1.6% of the shares of the company are short sold. View Castlight Health's Current Options Chain.

Some companies that are related to Castlight Health include Carbonite (CARB), Tucows (TCX), Liberty Tripadvisor Holdings Inc Series A (LTRPA), Sohu.com (SOHU), ZIX (ZIXI), Brightcove (BCOV), CooTek (Cayman) (CTK), GTY Technology (GTYH), Ooma (OOMA), Fang (SFUN), NantHealth (NH), Akerna (KERN), Park City Group (PCYG), FRONTEO (FTEO) and Veritone (VERI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Castlight Health investors own include Gilead Sciences (GILD), Corbus Pharmaceuticals (CRBP), FireEye (FEYE), Ford Motor (F), Freeport-McMoRan (FCX), Verizon Communications (VZ), WPX Energy (WPX), Weyerhaeuser (WY), Akorn (AKRX) and Advanced Micro Devices (AMD).

Castlight Health's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Oak Management Corp (2.03%) and Penbrook Management LLC (0.07%). Company insiders that own Castlight Health stock include John C Doyle, Maeve O'meara, Mangini Siobhan Nolan, MP Eric Chan, Neeraj Gupta, Seth B Cohen and William Bondurant. View Institutional Ownership Trends for Castlight Health.

CSLT stock was sold by a variety of institutional investors in the last quarter, including Oak Management Corp and Penbrook Management LLC. 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 William Bondurant. View Insider Buying and Selling for 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.

One share of CSLT stock can currently be purchased for approximately $1.32.

Castlight Health has a market capitalization of $192.94 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.

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

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]