Analyst Ratings for Lannett Co. Inc. (LCI)Updated: 2017-07-28
An average rating of Overweight has been given to Lannett Co. Inc. (NYSE:LCI) by analysts covering the stock. LCI had previously received a consensus rating of Overweight a month ago.
3 analysts declared LCI a buy, 1 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for LCI by the analysts covering the stock. The most optimistic analyst gave a price target of 32, implying potential capital gains of 53.85 percent. The minimum price target given was 23, which equates to a potential downside of 10.58 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -18.1 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.16 percent. If we look at the last 90 days instead, we find a net average change of -7.37 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
LCI has traded between a high of 39.99 and a low of 16.75 over the past year. Today's price is 24.18 percent above the 52-week low, and 47.99 percent lower than its 52-week high. LCI has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The LCI value stock report compares LCI to some of its peers using value stock charts. The market cap of LCI is $0.76696 billion. LCI will post this quarters earnings in days, on 0000-00-00.