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Q3 2022 Earnings Forecast for LifeStance Well being Group, Inc. Issued By William Blair (NASDAQ:LFST)

LifeStance Health Group logo

LifeStance Well being Group, Inc. (NASDAQ:LFST – Get Score) – William Blair lower their Q3 2022 earnings estimates for shares of LifeStance Well being Group in a analysis report issued on Tuesday, August ninth. William Blair analyst R. Daniels now expects that the corporate will put up earnings per share of ($0.16) for the quarter, down from their earlier forecast of ($0.15). The consensus estimate for LifeStance Well being Group’s present full-year earnings is ($0.48) per share. William Blair additionally issued estimates for LifeStance Well being Group’s This autumn 2022 earnings at ($0.16) EPS, FY2022 earnings at ($0.70) EPS, Q1 2023 earnings at ($0.06) EPS, Q2 2023 earnings at ($0.05) EPS, Q3 2023 earnings at ($0.04 ) EPS, This autumn 2023 earnings at ($0.02) EPS and FY2023 earnings at ($0.17) EPS.

LifeStance Well being Group (NASDAQ:LFST – Get Score) final introduced its quarterly earnings knowledge on Tuesday, August ninth. The corporate reported ($0.19) EPS for the quarter, lacking the consensus estimate of ($0.12) by ($0.07). The agency had income of $209.53 million for the quarter, in comparison with analysts’ expectations of $212.47 million. LifeStance Well being Group had a damaging internet margin of 46.31% and a damaging return on fairness of 23.28%. The enterprise’s income for the quarter was up 30.5% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the corporate posted ($0.17) earnings per share.

LifeStance Well being Group Inventory Efficiency

Shares of NASDAQ LFST opened at $8.20 on Friday. The corporate has a fast ratio of two.10, a present ratio of two.10 and a debt-to-equity ratio of 0.11. The corporate has a market cap of $3.07 billion, a PE ratio of -7.88 and a beta of 1.23. The agency’s 50-day shifting common worth is $6.27 and its 200-day shifting common worth is $7.75. LifeStance Well being Group has a 52-week low of $4.77 and a 52-week excessive of $16.67.

Insider Transactions at LifeStance Well being Group

In different information, CEO Michael Okay. Lester offered 328,615 shares of the corporate’s inventory in a transaction on Monday, June thirteenth. The inventory was offered at a mean worth of $5.33, for a complete worth of $1,751,517.95. Following the completion of the sale, the chief government officer now straight owns 23,148,931 shares within the firm, valued at roughly $123,383,802.23. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is on the market on the SEC web site. In different LifeStance Well being Group information, CEO Michael Okay. Lester offered 328,615 shares of the inventory in a transaction on Monday, June thirteenth. The inventory was offered at a mean worth of $5.33, for a complete worth of $1,751,517.95. Following the completion of the sale, the chief government officer now owns 23,148,931 shares within the firm, valued at roughly $123,383,802.23. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is on the market at this hyperlink. Additionally, COO Gwen H. Sales space offered 88,798 shares of the inventory in a transaction dated Monday, June thirteenth. The shares had been offered at a mean worth of $5.27, for a complete transaction of $467,965.46. Following the transaction, the chief working officer now straight owns 7,083,637 shares of the corporate’s inventory, valued at roughly $37,330,766.99. The disclosure for this sale could be discovered right here. Insiders offered 517,006 shares of firm inventory value $2,919,254 within the final three months. Company insiders personal 16.59% of the corporate’s inventory.

Institutional Inflows and Outflows

Quite a few institutional traders have lately made adjustments to their positions in LFST. Harel Insurance coverage Investments & Monetary Providers Ltd. purchased a brand new stake in LifeStance Well being Group within the second quarter value about $37,000. Ameritas Funding Companions Inc. elevated its holdings in LifeStance Well being Group by 56.6% throughout the first quarter. Ameritas Funding Companions Inc. now owns 5,575 shares of the corporate’s inventory valued at $56,000 after shopping for a further 2,016 shares throughout the interval. Amalgamated Financial institution purchased a brand new place in LifeStance Well being Group within the first quarter value roughly $84,000. Dimensional Fund Advisors LP bought a brand new stake in shares of LifeStance Well being Group throughout the 1st quarter value $130,000. Lastly, ProShare Advisors LLC bought a brand new stake in shares of LifeStance Well being Group throughout the 1st quarter value $136,000. Institutional traders personal 80.71% of the corporate’s inventory.

About LifeStance Well being Group

(Get Score)

LifeStance Well being Group, Inc., by its subsidiaries, offers outpatient psychological well being companies. The corporate gives 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.

Additional Studying

Earnings History and Estimates for LifeStance Health Group (NASDAQ:LFST)

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