Lantheus Holdings, Inc.

Lantheus Holdings, Inc.

LNTHยทNASDAQ

$100.25

+1.5%
HealthcareDrug Manufacturers - Specialty & Generic

Lantheus Holdings, Inc. develops, manufactures, and commercializes diagnostic and therapeutic products that assist clinicians in the diagnosis and treatment of heart, cancer, and other diseases worldwide. It provides DEFINITY, a microbubble ultrasound enhancing agent used in ultrasound exams of the heart; TechneLite, a technetium generator for nuclear medicine; Xenon-133 to assess pulmonary function; Neurolite to identify the area within the brain where blood flow has been blocked or reduced due to stroke; Cardiolite, an injectable Tc-99m-labeled imaging agent; Thallium-201 to detect cardiovascular disease; and Gallium-67 to detect various infections and cancerous tumors. The company also offers AZEDRA, a radiotherapeutic to treat adult and pediatric patients; Automated Bone Scan Index that calculates the disease burden of prostate cancer by quantifying the hotspots on bone scans; and Cobalt (Co 57), a non-pharmaceutical radiochemical; RELISTOR for opioid-induced constipation; and PYLARIFY for visualization of lymph nodes, bone, and soft tissue metastases to determine the presence or absence of recurrent and/or metastatic prostate cancer. It also develops flurpiridaz F 18 to assess blood flow to the heart; 1095, a PSMA-targeted iodine-131 labeled small molecule; LMI 1195 for neuroblastoma tumors in pediatric and adults; PYLARIFY AI, an AI-based medical device software to perform standardized quantitative assessment of PSMA PET/CT images in prostate cancer; and leronlimab, an investigational humanized monoclonal antibody. The company serves radio pharmacies, distributors, integrated delivery networks, hospitals, clinics, and group practices. It has strategic partnerships with NanoMab Technology Limited; Bausch Health Companies, Inc.; GE Healthcare Limited; Curium; Bayer AG; CytoDyn Inc.; ROTOP; FUJIFILM; Regeneron Pharmaceuticals, Inc.; and POINT Biopharma US Inc. The company was founded in 1956 and is headquartered in North Billerica, Massachusetts.

At a Glance

Live Snapshot
Market Cap$6.53B
EPS3.4600
P/E Ratio28.97
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 29.0).

Valuation inputs: P/E 29.0, earnings yield +3.5%, momentum +1.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +21.4%, ROIC +12.2%).

Profitability stack: net margin +15.2%, ROE +21.4%, ROIC +12.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +51.1%, momentum +1.5%, net margin +15.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Lantheus Holdings, Inc. Market vs Earnings Trajectory

LNTH ยท NASDAQ

Loading price and EPS data...

Lantheus Holdings, Inc.

Lantheus Holdings, Inc. Fair Value Envelope

LNTH ยท NASDAQ

Our analysis suggests that LNTH has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $100.25, this represents a potential HIDDEN relative to our calculated worth for Lantheus Holdings, Inc..

Intrinsic Value
Current Price: $100.25
3Y+744.0%
5Y-1484.0%
10Y+312.0%
3Y+65.0%
5Y+354.0%
10Y+411.0%
3Y+732.0%
5Y-1834.0%
10Y+773.0%
3Y+38.0%
5Y+2279.0%
10Y+686.0%
3Y+34.0%
5Y+8927.0%
10Y+738.0%
3Y+69.0%
5Y+156.0%
10Y+770.0%
Lantheus Holdings, Inc.

Lantheus Holdings, Inc. Profit Bridge

LNTH ยท NASDAQ
Revenue1.54B
Cost of Goods Sold (599.66M)
Gross Profit941.95M
Operating Expenses (631.12M)
Operating Income310.83M
Interest Expense (19.75M)
Other Income/Expense2.96M
Pretax Income313.79M
Income Tax (80.23M)
Net Income233.56M
Net Income
233.56M

Profitability Analysis

Gross Margin

61.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

20.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

15.2%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

25.6%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

61.10%
Gross Profit Margin
-5%
3Y-2.0%
5Y+49.0%
10Y+34.0%
20.16%
Operating Profit Margin
-32%
3Y+421.0%
5Y-1730.0%
10Y+8.0%
15.15%
Net Profit Margin
-26%
3Y+405.0%
5Y-482.0%
10Y+71.0%
21.43%
Return on Equity
-25%
3Y+241.0%
5Y-918.0%
10Y-185.0%
10.49%
Return on Assets
-34%
3Y+394.0%
5Y-777.0%
10Y-
12.21%
Return on Invested Capital
-36%
3Y+262.0%
5Y-2456.0%
10Y-51.0%
LNTH

Lantheus Holdings, Inc. Cash Conversion Engine

LNTH ยท NASDAQ
Net Income233.56M
Depreciation & Amortization70.10M
Stock-Based Compensation0.00
Change in Working Capital-44.23M
Others109.12M
Capital Expenditures-36.09M
Free Cash Flow354.05M

Cash Flow Quality Analysis

FCF Conversion Rate

151.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

9.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-28.2%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$44.23M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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Lantheus Holdings, Inc. Funding & Solvency Profile

LNTH ยท NASDAQ
Cash & Cash Equivalents498.58M
Net Receivables355.67M
Inventory61.34M
Other Current Assets26.70M
Total Current Assets942 M
Property, Plant & Equipment157.56M
Goodwill & Intangible Assets945.46M
Long-Term Investments58.31M
Other Non-Current Assets153.84M
Total Non-Current Assets370 M
Total Assets
2.35B

Financial Health Analysis

Current Ratio

2.83x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.94x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

609 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

40% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Lantheus Holdings, Inc. Street Expectations Map

LNTH ยท NASDAQ

Wall Street analysts project that LNTH stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 108.50, with estimates ranging from a low of 94.00 to a high of 115.00.

Lowest Target
94.00
-6.23%
Consensus Target
108.50
8.23%
Highest Target
115.00
14.71%

The consensus 1-year price target stands at 108.50, with estimates ranging from a low of 94.00 to a high of 115.00.

Analyst Consensus Analysis

Upside Potential

+8.2%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

19.4% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

2.36x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Lantheus Holdings, Inc. Insider Positioning

LNTH ยท NASDAQ

During the last 12 months, insiders have sold $386.75M worth of LNTH shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

6.9M

386.75M

Net Activity

-386.7M

-$386.75M

Top Buyers

No buying activity

Top Sellers

1
PRA

Patel Rajiv A

Other: Member Of A Group Owning 10%

3.4M sharesโ€ข2 transactions

$191.21M

2
FPLLC

Farallon Partners L L C/Ca

10 Percent Owner, Other: Member Of A Group Owning 10%

3.4M sharesโ€ข2 transactions

$191.21M

3
MRJJ

Marshall Robert J. Jr.

Officer: Cfo And Treasurer

27.0K sharesโ€ข1 transactions

$2.25M

4
ND

Niedzwiecki Daniel

Officer: See Remarks

12.0K sharesโ€ข2 transactions

$950K

5
BP

Blanchfield Paul

Officer: President

9.7K sharesโ€ข2 transactions

$690K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $386.75M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

LNTH has not reported any dividend yield values in the available annual periods.

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lnth Dividend History

LNTH
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%