Lifevantage Corporation (LFVN) Releases Earnings Results, Misses Estimates By $0.02 EPS
Lifevantage Corporation (NASDAQ:LFVN) issued its quarterly earnings results on Thursday. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by $0.02, Morningstar.com reports. Lifevantage Corporation had a return on equity of 51.89% and a net margin of 1.92%.
Lifevantage Corporation (LFVN) opened at 4.81 on Friday. Lifevantage Corporation has a one year low of $2.86 and a one year high of $12.74. The firm has a market capitalization of $68.46 million, a price-to-earnings ratio of 18.22 and a beta of 0.61. The stock’s 50 day moving average price is $3.76 and its 200-day moving average price is $4.41.
Several institutional investors and hedge funds have recently added to or reduced their stakes in LFVN. Susquehanna International Group LLP acquired a new stake in shares of Lifevantage Corporation in the second quarter valued at approximately $152,000. LMR Partners LLP acquired a new stake in shares of Lifevantage Corporation in the second quarter valued at approximately $170,000. Goldman Sachs Group Inc. lifted its position in shares of Lifevantage Corporation by 443.3% in the second quarter. Goldman Sachs Group Inc. now owns 54,838 shares of the company’s stock valued at $237,000 after buying an additional 44,744 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Lifevantage Corporation by 36.4% in the second quarter. Dimensional Fund Advisors LP now owns 79,495 shares of the company’s stock valued at $344,000 after buying an additional 21,198 shares during the last quarter. 18.78% of the stock is owned by institutional investors.
Lifevantage Corporation Company Profile
LifeVantage Corporation is a science-based network marketing company. The Company focuses on helping people achieve their health, wellness and financial independence goals. The Company provides products and a financially rewarding direct sales business opportunity to customers and independent distributors seeking a healthy lifestyle and financial freedom.
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