LifeStance Health Group, Inc. (NASDAQ:LFST – Get Free Report) gapped down before the market opened on Friday after Barclays lowered their price target on the stock from $8.00 to $6.00. The stock had previously closed at $5.93, but opened at $5.76. Barclays currently has an underweight rating on the stock. LifeStance Health Group shares last traded at $5.68, with a volume of 125,183 shares.
Separately, Morgan Stanley reaffirmed an “overweight” rating and set a $10.00 price objective on shares of LifeStance Health Group in a report on Monday, April 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.40.
Read Our Latest Stock Analysis on LifeStance Health Group
Insider Buying and Selling at LifeStance Health Group
Hedge Funds Weigh In On LifeStance Health Group
A number of hedge funds have recently made changes to their positions in the business. Choreo LLC acquired a new position in shares of LifeStance Health Group in the 2nd quarter valued at $134,000. Arizona State Retirement System raised its stake in shares of LifeStance Health Group by 22.9% in the 2nd quarter. Arizona State Retirement System now owns 31,972 shares of the company’s stock valued at $157,000 after buying an additional 5,959 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of LifeStance Health Group by 27.0% in the 2nd quarter. Victory Capital Management Inc. now owns 14,407 shares of the company’s stock valued at $71,000 after buying an additional 3,063 shares in the last quarter. TD Asset Management Inc acquired a new position in shares of LifeStance Health Group in the 2nd quarter valued at $623,000. Finally, Rhumbline Advisers increased its position in shares of LifeStance Health Group by 17.6% during the 2nd quarter. Rhumbline Advisers now owns 182,131 shares of the company’s stock worth $894,000 after purchasing an additional 27,280 shares in the last quarter. Institutional investors and hedge funds own 85.50% of the company’s stock.
LifeStance Health Group Stock Down 2.9 %
The firm has a market cap of $2.20 billion, a price-to-earnings ratio of -11.83 and a beta of 1.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.18 and a current ratio of 1.18. The business’s 50-day moving average is $5.38 and its 200-day moving average is $6.10.
LifeStance Health Group (NASDAQ:LFST – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01. The business had revenue of $312.30 million during the quarter, compared to analysts’ expectations of $305.85 million. LifeStance Health Group had a negative net margin of 15.69% and a negative return on equity of 11.92%. The firm’s revenue for the quarter was up 20.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.13) EPS. On average, equities analysts predict that LifeStance Health Group, Inc. will post -0.25 EPS for the current year.
LifeStance Health Group Company Profile
LifeStance Health Group, Inc, through its subsidiaries, provides outpatient mental health services to children, adolescents, adults, and geriatrics in the United States. The company offers patients a suite of mental health services, including psychiatric evaluations and treatment, psychological, and neuropsychological testing, as well as individual, family, and group therapy.
Read More
- Five stocks we like better than LifeStance Health Group
- Dividend Payout Ratio Calculator
- Buy the Dip in e.l.f. Beauty: Analysts Point to a New High
- How to Invest in Tech StocksĀ and Top Tech Stocks to Consider
- Is Dell’s Stock Plunge a Once-in-a-Lifetime Buying Opportunity?
- Top Stocks Investing in 5G Technology
- Why Analysts Still Predict Double-Digit Upside for Mosaic Stock
Receive News & Ratings for LifeStance Health Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LifeStance Health Group and related companies with MarketBeat.com's FREE daily email newsletter.