NYSE:LCI - Lannett Stock Price, News & Analysis

$13.22
-0.78 (-5.57 %)
(As of 09/19/2019 03:06 PM ET)
Today's Range
$12.64
Now: $13.22
$14.1621
50-Day Range
$5.99
MA: $8.87
$14.5120
52-Week Range
$3.33
Now: $13.22
$15.52
Volume1.13 million shs
Average Volume4.08 million shs
Market Capitalization$534.22 million
P/E Ratio5.63
Dividend YieldN/A
Beta2.19
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. Read More…

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$3.6927 per share
Book Value$8.49 per share

Profitability

Net Income$-272,110,000.00

Miscellaneous

Employees1,020
Market Cap$534.22 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Lannett (NYSE:LCI) Frequently Asked Questions

What is Lannett's stock symbol?

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

How were Lannett's earnings last quarter?

Lannett Company, Inc. (NYSE:LCI) released its quarterly earnings results on Tuesday, August, 27th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.21 by $0.16. The firm earned $133.80 million during the quarter, compared to analyst estimates of $120.28 million. Lannett had a negative net margin of 41.52% and a positive return on equity of 28.00%. The business's revenue for the quarter was down 21.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 EPS. View Lannett's Earnings History.

When is Lannett's next earnings date?

Lannett is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Lannett.

What price target have analysts set for LCI?

3 brokers have issued 12-month target prices for Lannett's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Lannett's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price. View Analyst Price Targets for Lannett.

What is the consensus analysts' recommendation for Lannett?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lannett in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lannett.

Has Lannett been receiving favorable news coverage?

Media stories about LCI stock have trended negative on Thursday, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -2.9 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Lannett.

Are investors shorting Lannett?

Lannett saw a drop in short interest in August. As of August 15th, there was short interest totalling 16,909,700 shares, a drop of 17.8% from the July 15th total of 20,576,700 shares. Based on an average daily volume of 1,210,000 shares, the days-to-cover ratio is currently 14.0 days. Approximately 60.8% of the shares of the company 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), Gilead Sciences (GILD), Rite Aid (RAD), NVIDIA (NVDA) and Ambarella (AMBA).

Who are Lannett's key executives?

Lannett's management team includes the folowing 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)

Who are Lannett's major shareholders?

Lannett's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.77%), D. E. Shaw & Co. Inc. (8.78%), Vanguard Group Inc. (6.84%), JPMorgan Chase & Co. (5.46%), LSV Asset Management (5.25%) and Morgan Stanley (2.19%). Company insiders that own Lannett stock include Albert Paonessa III, Arthur P Bedrosian, David Farber, 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 Bank of New York Mellon Corp, JPMorgan Chase & Co., Canada Pension Plan Investment Board, A.R.T. Advisors LLC, Alambic Investment Management L.P., Municipal Employees Retirement System of Michigan, Invesco Ltd. and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Lannett.

Which institutional investors are buying Lannett stock?

LCI stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., D. E. Shaw & Co. Inc., Marshall Wace LLP, Connor Clark & Lunn Investment Management Ltd., BlackRock Inc., Jacobs Levy Equity Management Inc., Morgan Stanley and Strs Ohio. 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 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 $13.22.

How big of a company is Lannett?

Lannett has a market capitalization of $534.22 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.


MarketBeat Community Rating for Lannett (NYSE LCI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  442 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  798
MarketBeat's community ratings are surveys of what our community members think about Lannett and other stocks. Vote "Outperform" if you believe LCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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