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NYSE:LCILannett Stock Price, Forecast & News

$7.06
+0.43 (+6.49 %)
(As of 04/5/2020 04:00 PM ET)
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Today's Range
$6.47
Now: $7.06
$7.12
50-Day Range
$6.36
MA: $8.02
$9.37
52-Week Range
$5.16
Now: $7.06
$15.52
Volume488,038 shs
Average Volume723,593 shs
Market Capitalization$284.80 million
P/E RatioN/A
Dividend YieldN/A
Beta1.73
Lannett Company, Inc. develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products in the United States. The company offers solid oral and extended release, topical, liquid, nasal, and oral solution finished dosage forms of drugs that address a range of therapeutic areas, as well as ophthalmic, patch, foam, buccal, sublingual, suspension, soft gel, and injectable dosages. It also provides its products for various medical indications comprising cholesterol, muscle spasm, pain management, irritable bowel, antipsychosis, gastrointestinal, cardiovascular, thyroid deficiency, central nervous system, urinary, migraine, bronchospasms, and gallstone. In addition, the company manufactures active pharmaceutical ingredients. It markets its products under the Lipitor, Lioresal, Bentyl, Prolixin, MiraLAX, Imdur, Levoxyl/Synthroid, Concerta, Toprol-XL, Prilosec, Ditropan, Protonix, Imitrex, Brethine, and Actigall brands to generic pharmaceutical and private label distributors, drug wholesalers, chain drug retailers, mail-order pharmacies, other pharmaceutical manufacturers, managed care and health maintenance organizations, hospital buying groups, and governmental entities. The company has supply and development agreements with Jerome Stevens Pharmaceuticals, Summit Bioscience LLC, HEC Pharm Group, Andor Pharmaceuticals LLC, Dexcel Pharma, and Aralez Pharmaceuticals. Lannett Company, Inc. was founded in 1942 and is based in Philadelphia, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.72 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
CUSIP51601210
Phone215-333-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$655.41 million
Cash Flow$3.99 per share
Book Value$8.49 per share

Profitability

Net Income$-272,110,000.00

Miscellaneous

Employees1,020
Market Cap$284.80 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Lannett (NYSE:LCI) Frequently Asked Questions

How has Lannett's stock been impacted by COVID-19 (Coronavirus)?

Lannett's stock was trading at $7.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LCI stock has decreased by 8.8% and is now trading at $7.06. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lannett?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lannett in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lannett.

When is Lannett's next earnings date?

Lannett is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Lannett.

How were Lannett's earnings last quarter?

Lannett Company, Inc. (NYSE:LCI) issued its quarterly earnings data on Wednesday, February, 5th. The company reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The firm earned $136.11 million during the quarter, compared to analyst estimates of $128.60 million. Lannett had a positive return on equity of 18.75% and a negative net margin of 0.70%. The business's quarterly revenue was down 29.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 earnings per share. View Lannett's earnings history.

What guidance has Lannett issued on next quarter's earnings?

Lannett issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $530-550 million, compared to the consensus revenue estimate of $536.21 million.

What price target have analysts set for LCI?

2 analysts have issued 1 year target prices for Lannett's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate Lannett's stock price to reach $14.00 in the next year. This suggests a possible upside of 98.3% from the stock's current price. View analysts' price targets for Lannett.

Has Lannett been receiving favorable news coverage?

Media coverage about LCI stock has trended very negative on Sunday, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring 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 five, with scores nearest to five being the most favorable. Lannett earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutLannett.

Are investors shorting Lannett?

Lannett saw a drop in short interest in March. As of March 13th, there was short interest totaling 10,736,500 shares, a drop of 12.2% from the February 27th total of 12,230,000 shares. Based on an average daily trading volume, of 816,800 shares, the days-to-cover ratio is presently 13.1 days. Approximately 34.2% of the company's shares are short sold. View Lannett's Current Options Chain.

Who are some of Lannett's key competitors?

What other stocks do shareholders of Lannett own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lannett investors own include Celgene (CELG), Akorn (AKRX), Skechers USA (SKX), Integrated Device Technology (IDTI), Bank of America (BAC), Alibaba Group (BABA), Rite Aid (RAD), Gilead Sciences (GILD), Micron Technology (MU) and NVIDIA (NVDA).

Who are Lannett's key executives?

Lannett's management team includes the following people:
  • Mr. Timothy C. Crew, CEO & Director (Age 58)
  • Mr. Martin P. Galvan, VP of Fin. & CFO (Age 67)
  • Mr. Samuel H. Israel, Gen. Counsel & Chief Legal Officer (Age 57)
  • Mr. John M. Abt, VP & Chief Quality Operations Officer (Age 54)
  • Mr. John Kozlowski, Chief of Staff & Strategy Officer (Age 47)

What is Lannett's stock symbol?

Lannett trades on the New York Stock Exchange (NYSE) under the ticker symbol "LCI."

How do I buy shares of Lannett?

Shares of LCI 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.

What is Lannett's stock price today?

One share of LCI stock can currently be purchased for approximately $7.06.

How big of a company is Lannett?

Lannett has a market capitalization of $284.80 million and generates $655.41 million in revenue each year. The company earns $-272,110,000.00 in net income (profit) each year or $2.35 on an earnings per share basis. Lannett employs 1,020 workers across the globe. View additional information about Lannett.

What is Lannett's official website?

The official website for Lannett is http://www.lannett.com/.

How can I contact Lannett?

Lannett's mailing address is 9000 STATE ROAD, PHILADELPHIA PA, 19136. The company can be reached via phone at 215-333-9000.

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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