Analysts Set LifeStance Health Group, Inc. (NASDAQ:LFST) Price Target at $8.25

LifeStance Well being Group, Inc. (NASDAQ:LFST – Get Free Report) has obtained a mean suggestion of “Maintain” from the six analysis companies which might be protecting the agency, MarketBeat.com experiences. One equities analysis analyst has rated the inventory with a promote suggestion, three have given a maintain suggestion and two have given a purchase suggestion to the corporate. The typical 1-year worth goal amongst brokerages which have up to date their protection on the inventory within the final yr is $8.25.

LFST has been the topic of numerous analyst experiences. Barclays lowered their goal worth on shares of LifeStance Well being Group from $8.00 to $6.00 and set an “underweight” ranking for the corporate in a analysis observe on Friday, August ninth. Morgan Stanley reaffirmed an “chubby” ranking and set a $10.00 goal worth on shares of LifeStance Well being Group in a analysis report on Monday, April twenty second. Lastly, UBS Group lowered their goal worth on LifeStance Well being Group from $9.00 to $7.50 and set a “impartial” ranking for the corporate in a analysis report on Thursday.

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Insider Transactions at LifeStance Well being Group

In different LifeStance Well being Group information, main shareholder Summit Companions Development Fairness offered 3,802,345 shares of the corporate’s inventory in a transaction that occurred on Friday, Might twenty fourth. The shares have been offered at a mean worth of $5.89, for a complete worth of $22,395,812.05. Following the completion of the sale, the insider now owns 41,932,358 shares of the corporate’s inventory, valued at $246,981,588.62. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which may be accessed by way of the SEC web site. In associated information, main shareholder Summit Companions Development Fairness offered 3,802,345 shares of the agency’s inventory in a transaction on Friday, Might twenty fourth. The shares have been offered at a mean worth of $5.89, for a complete transaction of $22,395,812.05. Following the sale, the insider now instantly owns 41,932,358 shares within the firm, valued at $246,981,588.62. The sale was disclosed in a doc filed with the SEC, which is offered at this hyperlink. Additionally, insider Danish J. Qureshi offered 150,000 shares of the corporate’s inventory in a transaction on Friday, June 14th. The inventory was offered at a mean worth of $5.21, for a complete transaction of $781,500.00. Following the completion of the transaction, the insider now instantly owns 439,002 shares of the corporate’s inventory, valued at $2,287,200.42. The disclosure for this sale may be discovered right here. Within the final ninety days, insiders offered 4,037,438 shares of firm inventory value $23,647,876. 6.60% of the inventory is presently owned by firm insiders.

Hedge Funds Weigh In On LifeStance Well being Group

A number of hedge funds have just lately modified their holdings of LFST. Charles Schwab Funding Administration Inc. grew its stake in shares of LifeStance Well being Group by 0.7% within the fourth quarter. Charles Schwab Funding Administration Inc. now owns 744,617 shares of the corporate’s inventory valued at $5,830,000 after shopping for an extra 5,112 shares within the final quarter. Swiss Nationwide Financial institution elevated its stake in shares of LifeStance Well being Group by 25.4% in the course of the 1st quarter. Swiss Nationwide Financial institution now owns 186,800 shares of the corporate’s inventory value $1,153,000 after buying an extra 37,800 shares over the last quarter. Brown Advisory Inc. elevated its stake in shares of LifeStance Well being Group by 25.9% in the course of the 4th quarter. Brown Advisory Inc. now owns 5,158,980 shares of the corporate’s inventory value $40,395,000 after buying an extra 1,062,887 shares over the last quarter. Principal Monetary Group Inc. raised its holdings in shares of LifeStance Well being Group by 2.8% within the 4th quarter. Principal Monetary Group Inc. now owns 4,006,344 shares of the corporate’s inventory valued at $31,370,000 after buying an extra 110,457 shares in the course of the interval. Lastly, Assetmark Inc. lifted its stake in LifeStance Well being Group by 21.6% within the 4th quarter. Assetmark Inc. now owns 11,895 shares of the corporate’s inventory valued at $93,000 after buying an extra 2,114 shares over the last quarter. Institutional buyers personal 85.50% of the corporate’s inventory.

LifeStance Well being Group Value Efficiency

Shares of NASDAQ:LFST opened at $5.65 on Thursday. The corporate’s fifty day shifting common is $5.39 and its two-hundred day shifting common is $6.06. The corporate has a market cap of $2.16 billion, a P/E ratio of -11.77 and a beta of 1.20. LifeStance Well being Group has a 12-month low of $4.64 and a 12-month excessive of $9.20. The corporate has a fast ratio of 1.18, a present ratio of 1.18 and a debt-to-equity ratio of 0.20.

LifeStance Well being Group (NASDAQ:LFST – Get Free Report) final launched its earnings outcomes on Thursday, August eighth. The corporate reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.01. The corporate had income of $312.30 million for the quarter, in comparison with analysts’ expectations of $305.85 million. LifeStance Well being Group had a adverse return on fairness of 11.92% and a adverse internet margin of 15.69%. The enterprise’s income for the quarter was up 20.3% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the enterprise posted ($0.13) EPS. Equities analysts anticipate that LifeStance Well being Group will submit -0.25 earnings per share for the present fiscal yr.

About LifeStance Well being Group

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LifeStance Well being Group, Inc, by way of its subsidiaries, offers outpatient psychological well being companies to kids, adolescents, adults, and geriatrics in the USA. The corporate presents sufferers a set of psychological well being companies, together with psychiatric evaluations and remedy, psychological, and neuropsychological testing, in addition to particular person, household, and group remedy.

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