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.
Many analysts weighed in on price targets for LCI. The highest price target was 32, implying a possible profit of 53.85 percent. The minimum price target given was 23, which equates to a potential downside of 10.58 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -18.1 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.16 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.37 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
In the last 52-weeks, LCI has achieved a high of 39.99 and a low of 16.75. Currently the stock is 24.18 percent higher than its 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.