Share on StockTwits

Lannett Company (NYSE:LCI) will be releasing its Q414 earnings data on Wednesday, August 27th. Analysts expect Lannett Company to post earnings of $0.54 per share and revenue of $79.50 million for the quarter.

Shares of Lannett Company (NYSE:LCI) opened at 38.33 on Tuesday. Lannett Company has a 52 week low of $12.39 and a 52 week high of $51.659. The stock’s 50-day moving average is $38.60 and its 200-day moving average is $39.99. The company has a market cap of $1.363 billion and a price-to-earnings ratio of 32.69.

A number of research firms have recently commented on LCI. Analysts at Craig Hallum downgraded shares of Lannett Company from a “buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Analysts at Oppenheimer raised their price target on shares of Lannett Company from $49.00 to $52.00 in a research note on Tuesday, July 15th. They now have an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $47.00.

In other Lannett Company news, major shareholder David Farber unloaded 5,000 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The shares were sold at an average price of $41.30, for a total value of $206,500.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Lannett Company, Inc is engaged in developing, manufacturing, marketing and distributing generic versions of branded pharmaceutical products.

Receive News & Ratings for Lannett Company Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lannett Company Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.