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On Thursday, Mizuho Securities adjusted its financial outlook on Lantheus Holdings (NASDAQ:LNTH), reducing the price target from $150.00 to $140.00, yet sustaining an Outperform rating on the company’s shares. The revision follows Lantheus Holdings’ fourth-quarter earnings report, which exceeded expectations by $15 million and $0.05 per share, largely due to a robust performance from its DEFINITY franchise and stable results from PYLARIFY, which met projections. According to InvestingPro data, the company maintains strong financial health with an EXCELLENT rating, supported by impressive revenue growth of 18.32% over the last twelve months. The stock currently trades at $93.25, with analyst targets ranging from $110 to $166.
Lantheus Holdings, a healthcare company specializing in diagnostics, reported earnings that prompted a positive market reaction, particularly as investor sentiment prior to the release was bearish, with a Short Interest Ratio (SIR) at a trailing twelve-month high of approximately 9.5 days. Analysts at Mizuho highlighted that the earnings beat, coupled with an initial 2025 guidance predicting low- to mid-single-digit growth for Pylarify and an updated larger U.S. PSMA (Prostate-Specific Membrane Antigen) Total (EPA:TTEF) Addressable Market (TAM) forecast—now expected to reach $3.5 billion by 2030, up from the previous $3 billion by 2029—led to a short squeeze and an influx of capital into Lantheus’ stock. The company’s strong financial position is evidenced by its healthy current ratio of 5.52 and moderate debt levels, as revealed in InvestingPro’s comprehensive analysis.
The firm’s financial guidance for the year 2025 does not yet account for pending transactions, such as the acquisitions of LMI (Life Molecular Imaging) and Evergreen Medical (TASE:BLWV) Services. Additionally, the guidance excludes potential royalties from FLYRCADO and PYLCARI, which Mizuho analysts suggest could provide further financial upside for Lantheus Holdings.
In their commentary, Mizuho analysts noted that the adjustments in their financial models were made in response to the latest earnings and projections. They expressed confidence in Lantheus’ ability to navigate market and reimbursement challenges, particularly with its flagship product PYLARIFY, a PET imaging agent used for prostate cancer. The analysts reaffirmed their positive stance on the stock, indicating that Lantheus is well-positioned to achieve its commercial and financial targets. Trading at a P/E ratio of 15.32, the company shows strong profitability metrics. For deeper insights into Lantheus Holdings’ valuation and growth potential, including exclusive ProTips and comprehensive financial analysis, visit InvestingPro.
In other recent news, Lantheus Holdings Inc . reported its fourth-quarter 2024 earnings, surpassing analyst expectations. The company achieved earnings per share (EPS) of $1.59, exceeding the forecast of $1.55, with revenue reaching $391.1 million, compared to the expected $377.24 million. This marks a significant 10.5% year-over-year revenue increase, driven by strong sales of its flagship product, Polarify. Lantheus also announced a full-year revenue of $1.534 billion, up 18.3% from the previous year. Looking ahead, the company has set a revenue guidance of $1.545 billion to $1.610 billion for 2025, indicating a 1-5% growth. Additionally, Lantheus is planning to expand its product portfolio with potential launches in 2026, including NeuroSeq and Octevi. In the analyst community, the company’s strategic initiatives and earnings surprise have been noted positively, with firms like Leerink Partners and Mizuho Financial Group (NYSE:MFG) highlighting Lantheus’ market position and growth potential.
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