The price of LifeStance Health Group Inc (NASDAQ:LFST) shares last traded on Wall Street fell -0.17% to $5.80.
LFST stock price is now -9.19% away from the 50-day moving average and -13.86% away from the 200-day moving average. The market capitalization of the company currently stands at $2.22B.
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With the price target of $7, Barclays recently initiated with Underweight rating for LifeStance Health Group Inc (NASDAQ: LFST). On May 15, 2023, TD Cowen Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock increasing its target price from $8 to quote $9, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Cipollone Paula, insider sold 48,278 shares of the company’s stock on May 13 ’24. The stock was sold for $348,567 at an average price of $7.22. Upon completion of the transaction, the insider now directly owns 239,915 shares in the company, valued at $1.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 10 ’24, Cipollone Paula sold 2,000 shares of the business’s stock. A total of $14,000 was realized by selling the stock at an average price of $7.00. This leaves the insider owning 288,193 shares of the company worth $1.67 million. A total of 70.93% of the company’s stock is owned by insiders.
During the past 12 months, LifeStance Health Group Inc has had a low of $4.74 and a high of $9.59. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.18, and a quick ratio of 1.18. The fifty day moving average price for LFST is $6.3706 and a two-hundred day moving average price translates $6.7191 for the stock.
The latest earnings results from LifeStance Health Group Inc (NASDAQ: LFST) was released for 2024-03-31. According to the Medical Care Facilities Company, earnings per share came in at -0.13, missing analysts’ expectations of -0.09 by -0.04. This compares to -$0.09 EPS in the same period last year. The net profit margin was -15.69% and return on equity was -11.80% for LFST. The company reported revenue of $300.44 million for the quarter, compared to $252.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.94 percent. For the current quarter, analysts expect LFST to generate $308.09M in revenue.
