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NYSE:LCILannett Stock Price, Forecast & News

$7.40
-0.07 (-0.94 %)
(As of 06/4/2020 04:00 PM ET)
Add
Compare
Today's Range
$7.25
Now: $7.40
$7.61
50-Day Range
$6.76
MA: $8.02
$9.86
52-Week Range
$5.16
Now: $7.40
$15.52
Volume642,261 shs
Average Volume723,171 shs
Market Capitalization$298.60 million
P/E RatioN/A
Dividend YieldN/A
Beta1.84
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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Lannett logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 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$3.70 per share
Book Value$8.49 per share

Profitability

Net Income$-272,110,000.00

Miscellaneous

Employees1,020
Market Cap$298.60 million
Next Earnings Date8/25/2020 (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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LCI stock has decreased by 4.4% and is now trading at $7.40. View which stocks have been most 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 Tuesday, August 25th 2020. View our earnings forecast for Lannett.

How were Lannett's earnings last quarter?

Lannett Company, Inc. (NYSE:LCI) released its quarterly earnings data on Wednesday, May, 6th. The company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.28 by $0.01. The company had revenue of $144.37 million for the quarter, compared to analysts' expectations of $134.55 million. Lannett had a negative net margin of 5.77% and a positive return on equity of 14.54%. The company's revenue for the quarter was down 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 EPS. View Lannett's earnings history.

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

Lannett updated its FY 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $535-545 million, compared to the consensus revenue estimate of $541.95 million.

What price target have analysts set for LCI?

2 equities research analysts have issued 12 month price targets for Lannett's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Lannett's share price to reach $14.00 in the next year. This suggests a possible upside of 89.2% from the stock's current price. View analysts' price targets for Lannett.

Has Lannett been receiving favorable news coverage?

News articles about LCI stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative 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 closest to five being the most favorable. Lannett earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned 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 stock's share price in the near term. View the latest news aboutLannett.

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), Gilead Sciences (GILD), Micron Technology (MU), Rite Aid (RAD) 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."

Who are Lannett's major shareholders?

Lannett's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.80%), JPMorgan Chase & Co. (7.43%), State Street Corp (3.25%), Invesco Ltd. (1.71%), Wells Fargo & Company MN (1.32%) and Geode Capital Management LLC (1.16%). Company insiders that own Lannett stock include Albert Paonessa III, David A Drabik, Jeffrey Farber, Kevin Smith, Patrick G Lepore and Timothy C Crew. View institutional ownership trends for Lannett.

Which institutional investors are selling Lannett stock?

LCI stock was sold by a variety of institutional investors in the last quarter, including Public Sector Pension Investment Board, Canada Pension Plan Investment Board, Two Sigma Advisers LP, Deutsche Bank AG, BNP Paribas Arbitrage SA, Morgan Stanley, ClariVest Asset Management LLC, and BlackRock Inc.. Company insiders that have sold Lannett company stock in the last year include Albert Paonessa III, and David A Drabik. View insider buying and selling activity for Lannett.

Which institutional investors are buying Lannett stock?

LCI stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Wells Fargo & Company MN, X Square Capital LLC, AJO LP, Matarin Capital Management LLC, Russell Investments Group Ltd., Invesco Ltd., and Balyasny Asset Management LLC. Company insiders that have bought Lannett stock in the last two years include Albert Paonessa III, Jeffrey Farber, Patrick G Lepore, and Timothy C Crew. View insider buying and selling activity for Lannett.

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 $7.40.

How big of a company is Lannett?

Lannett has a market capitalization of $298.60 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.

What is Lannett's official website?

The official website for Lannett is 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 6/4/2020 by MarketBeat.com Staff

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