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This Healthcare Stock Still Commands a Top 3 Portfolio Slot Despite a Steep Slide This Past Year
Yahoo Finance· 2025-12-23 22:20
Company Overview - Lantheus Holdings specializes in developing and commercializing diagnostic and therapeutic products, including DEFINITY, TechneLite, PYLARIFY, and AZEDRA, targeting cardiovascular and oncology applications [6][9] - The company reported a total revenue of $1.53 billion and a net income of $167.68 million for the trailing twelve months (TTM) [5] Recent Developments - Brigade Capital Management increased its stake in Lantheus Holdings by 173,200 shares in the third quarter, raising the position's value by approximately $4.51 million to about $16.23 million [2][3][7] - The Lantheus position now represents 2.0% of Brigade Capital's 13F assets under management (AUM), making it the third-largest holding in the portfolio [4] Financial Performance - Lantheus reported third-quarter revenue of $384 million and nearly $95 million in free cash flow, despite facing challenges such as acquisition costs and higher operating expenses [10][11] - The company reaffirmed its full-year revenue guidance of roughly $1.5 billion with adjusted earnings per share (EPS) expected to exceed $5.50 [11] Market Position - Lantheus shares are currently priced at $66.53, reflecting a 27% decline over the past year, significantly underperforming the S&P 500, which is up 15% during the same period [4] - The company remains profitable and cash-generative, actively engaging in strategic initiatives such as the acquisition of Life Molecular Imaging and a $100 million stock repurchase [11][12]