Investment Potential for Lannett Company, Inc. (LCI): A Closer Look

FARBER JEFFREY, Director, added 5,000 shares of Lannett Company, Inc. (LCI) to its portfolio at the rate of $5.80 per share valuing $29,000 on May 15. The insider has now 2,101,054 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Lannett Company, Inc. (LCI) was $6.98. Currently, the 1st Resistance Point for this stock is $7.23, with a 2nd Resistance Point sitting at $7.49. Meanwhile, this company’s stock has a 1st Support Level at $6.56 and a 2nd Support Level at $6.15. Lannett Company, Inc. (LCI) stock has gained $0.20, or 2.95%, in the past five days. In the last full month, these shares have gained $0.92, or 15.18%. In the past three months, this stock’s price has fallen by -$0.71, or -9.23%. This year-to-date, Lannett Company, Inc. (LCI) shares have gained $2.02, or 40.73%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Lannett Company, Inc. (LCI) stock, Hold % of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100 – 200 Day MACD Oscillator % of long-term indicators suggest that this stock is a “.”

With 39,324 K shares outstanding, this company currently has a market capitalization of $258,359K. Lannett Company, Inc. (LCI) generates $684,560 K in annual sales, amounting to annual net income of $28,690 K. This stock has generated a 1-Year Total Return of -42.79%, a 3-Year Total Return of -78.56%, and a 5-year Total Return of -80.14%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Lannett Company, Inc. (LCI) reported earnings of $0.68 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.64 per share, representing a 0.04 difference and 6.92% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.86 represented a 0.19 difference from the consensus estimate calling for $0.67 per share, which was a 27.60% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.21 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.22 and the low estimate was $0.19. In the year-ago quarter, Lannett Company, Inc. (LCI) generated per-share earnings of $0.64. If the analysts are correct about the current quarter’s earnings, the growth will be -67.19%.

Turning our focus now to insider trading activity, there have been 11 purchases (244,507 shares in total) and 4 sale (5,084 shares in total) in the last 3 months. In the last 6 months, there have been 16 insider buys amounting to 277,124 shares and 5 insider sales amounting to 5,712 shares. In the past full year, 29 insider purchases were made (involving 379,603 shares) and 13 insider sell-offs equivalent to 7,933 shares.

Moving onto liquidity, Lannett Company, Inc. (LCI) has a Current Ratio of 2.62, a Quick Ratio of 1.92 and a Cash Ratio of 0.49. Looking at this company’s capital structure, its Total Debt to Total Equity is 140.13, its Total Debt to Total Capital is 58.36, and its Total Debt to Total Assets is now 53.28. Looking even further ahead into the future, its Long-Term Debt to Equity is 128.97 and its Long-Term Debt to Total Capital is 53.71.