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LNTH

Lantheus Holdings, Inc.
$100.10
-0.14% Oct 22 close
Health CareS&P 400 CompareTechnicals
-12%+14%+40%+66%+92%Oct 2025Oct 2026Apr 2026
LNTHSPY
1W
+0.1%
1M
+0.1%
3M
-3.5%
6M
+20.9%
YTD
+50.4%
1Y
+75.2%

Live chart

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What they do

Lantheus Holdings, Inc. develops, manufactures, and commercializes diagnostic and therapeutic products that assist clinicians in diagnosis and treatment of heart, cancer, and other diseases worldwide. The company offers DEFINITY, an injectable ultrasound enhancing agent used in echocardiography exams; TechneLite, a technetium generator for nuclear medicine procedures.

Healthcare · Drug Manufacturers - Specialty & Generic

For information only · Important disclosures

Grades vs sector

Momentum
88th percentile in sector
A-
12-1 return: +72.5%
Percentile within its GICS sector across the S&P 1500.
Growth
20th percentile in sector
D
Revenue growth (YoY): +2.7%
Percentile within its GICS sector across the S&P 1500.
Value
53rd percentile in sector
C+
Forward E/P: 6.4% · EBITDA/EV: 6.0%
Percentile within its GICS sector across the S&P 1500.
Profitability
78th percentile in sector
B+
Profit margin: +17.7% · Return on equity: +22.2%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Lantheus Holdings (LNTH) files 8-K: other event
SEC 8-K · 10h ago
Update: Market Chatter: JPMorgan Leads, Jefferies Joins $4.25 Billion Financing for Lantheus Deal
MT Newswires · Oct 16
Market Chatter: JPMorgan Leads, Jefferies Joins $4.25 Billion Financing for Lantheus Deal
MT Newswires · Oct 15

Key stats

Market value$6.6B
P/E (last 12 months)24.3
P/E (next 12 months, estimated)15.7
52-week range$50.16 – $111.86
Revenue growth (latest quarter vs a year ago)+2.7%
Dividend yieldNo dividend
Analyst consensusHold (8)
Average analyst price target$106.99 (+7%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +2 (DCF counts double).
▲DCF (base case)above the price by 49%
•Forward P/E vs sector15.7x vs median 17.6x
•Piotroski F-score5/9
▲Altman Z5.5 (safe)
▲Net debt / EBITDA-0.1x
•Analyst target+7% (8 analysts)

Discounted cash flow

Bear
$94
-6%
growth 5% · disc. 10.2% · term. 2.0%
Base
$150
+49%
growth 10% · disc. 9.2% · term. 2.5%
Bull
$225
+125%
growth 13% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 3% a year for 10 years.
Implied
+3%/yr
FCF, last 3 yrs
+11%/yr
FCF, last 5 yrs
+88%/yr
Revenue, last 3 yrs
+18%/yr
Revenue, last 5 yrs
+35%/yr
Same inputs as the DCF above: trailing free cash flow 0.4B, 9.2% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta -0.06 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Health Care

P/E (trailing)
sector median 29.9× · 34th pct
24.3×
cheaper
Forward P/E
sector median 17.6× · 41st pct
15.7×
cheaper
EV / EBITDA
sector median 15.8× · 56th pct
16.7×
pricier
Price / sales
sector median 3.1× · 64th pct
4.2×
pricier
Price / book
sector median 3.5× · 67th pct
5.0×
pricier
FCF yield
sector median 4.1% · 79th pct
6.3%
cheaper

Forward EPS $6.38 vs trailing $4.13 (+54% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
60.1%
Operating margin
19.4%
FCF margin
26.5%
Net margin
17.7%
Return on equity
21.0%
Return on invested capital
18.0%
Net debt / EBITDA
-0.1×
Current ratio
3.1×
Interest cover
15.3×
Cash conversion (OCF/NI)
1.5×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score 5.5 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$107
+7%
Analysts
8
Hold
Range
$102–$115
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$1.5B$233.6M$390.1M
2024$1.5B$312.4M$544.8M
2023$1.3B$326.7M$305.3M
2022$935.1M$28.1M$281.8M
2021$425.2M$-71.3M$53.9M
2020$339.4M$-13.5M$16.4M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +18.1%.

Earnings

Next report: 2026-11-05 · before open · EPS est 1.29
24-1125-0225-0525-0825-1126-0226-0526-080.001.70
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-061.301.55+18.9%
2026-05-071.231.46+18.8%
2026-02-261.171.67+42.9%
2025-11-061.271.27+0.2%
2025-08-061.681.57-6.3%
2025-05-071.651.53-7.5%
2025-02-261.541.59+3.0%
2024-11-061.561.70+9.1%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$388.2M+2.7%
2026-03-31$377.3M–
2025-12-31$406.8M–
2025-09-30$384.0M–
2025-06-30$378.0M–
Rating changes
Downgrade
2026-10-13 · Mizuho downgraded LNTH from Outperform to Neutral
Downgrade
2026-08-04 · Truist Securities downgraded LNTH from Buy to Hold
Downgrade
2026-08-04 · CJS Securities downgraded LNTH from Market Outperform to Market Perform
Downgrade
2026-08-03 · William Blair downgraded LNTH from Outperform to Market Perform
Downgrade
2026-08-03 · TD Cowen downgraded LNTH from Buy to Hold
Reiterated
2026-07-29 · Mizuho reiterated Outperform on LNTH

Third-party analyst actions, not Coteau's views. All rating changes

Insider trades
Lantheus Alpha Therapy, Llc
10% owner · 2026-09-04
Sell
$526.1K
Lantheus Alpha Therapy, Llc
10% owner · 2026-09-03
Sell
$250.9K
Lantheus Alpha Therapy, Llc
10% owner · 2026-09-02
Sell
$131.2K
Lantheus Holdings, Inc.
10% owner · 2026-09-01
Sell
$111.6K
Lantheus Holdings, Inc.
10% owner · 2026-08-31
Sell
$245.6K
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–

Stats refreshed 2026-10-21 18:22:30 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026