Stock To Watch: Lannett Co Inc (NYSE:LCI)


The leading market experts have placed a mean price target of $28.50 on Lannett Co Inc (NYSE:LCI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.68 a share for the upcoming quarter and $3.27 for the current fiscal.

Technical View

The technical analysis of Lannett Co Inc Common Stock plainly substantiates that the 50-day moving average of Lannett Co Inc Common Stock is $29.70, and stock is trading $0.93 points away or +3.14% from its 50-day moving average of $29.70. Further it is trading $6.70 or +28.01% away its 200-day moving average of $23.93. Lannett Co Inc (NYSE:LCI) 52-week high is $60.45 and the 52-week low is $16.91.

This explains if the stock moves $-29.82, it will post a 52-week high. In event of +81.14% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Lannett Co Inc Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Lannett Co Inc (NYSE:LCI) ratio came in at 15.25.

The stock last ended the trading session at $30.63 and registered a market cap of $1.13B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Lannett Co Inc (NYSE:LCI) PEG ratio is at 0.44.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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