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Lannett Company, Inc. (LCI)

NYSE - NYSE Delayed Price. Currency in USD
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3.1200+0.0400 (+1.30%)
At close: 4:00PM EDT
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  • A
    A. Luis
    I was in around 8 averaged down to around 5. Disaster and no dividends. Money just sitting there; made money last year gave 2/3 back. Losing my faith
  • T
    THT
    Lannett stopped payment of principal. With current rate of sales decline eventually they will not be able to cover interest. Too many insider sales recently at these low prices is not a good sign.
  • m
    michael
    Well, yahoo keeps deleting my post regarding probenecid appearing to be effective against covid. Seems like something that would be discussed here and news that would move the SP upward. Sorry if this is old news, but I just heard about it today.
  • C
    Chuck
    Anyone still holding this from the 70's?
  • L
    LU
    in case you find it difficult to read yahoo's earning news here is the summary:

    Quarterly Results

    Earnings per share fell 161.29% over the past year to ($0.19), which missed the estimate of ($0.12).

    Revenue of $106,009,000 declined by 23.14% from the same period last year, which missed the estimate of $110,630,000.

    Looking Ahead

    Lannett hasn't issued any earnings guidance for the time being.

    The upcoming fiscal year's revenue expected to be between $400,0
  • T
    THT
    LCI in the list of downgraded stocks.

    New Strong Sell Stocks for August 30th
    Zacks Equity Research
    Mon, August 30, 2021, 10:56 AM
  • A
    A. Luis
    Doubled my position today to approximately 4000 shares; averaging my cost basis down. Call me crazy but I believe in LCI and it’s management
  • a
    almlk
    Good enough earnings report for $4's stock. All the progresses will bring UP the PPS to $7's again short term..
    - Cash Increased to Over $93 Million at June 30 from $81M per yahoo finance.

    "With the recently signed agreement to be the exclusive U.S. distributor of a generic Spiriva® Handihaler®, we now have disclosed at least five large, durable assets in our pipeline," said Tim Crew, chief executive officer of Lannett. "Each of these products has the potential to both be a significant contributor to our financial performance and to do so for an extended period of time. Combined, these products have the potential to transform our company. Currently, we believe all five products could be approved, or tentatively approved, by 2025, with the product closest to commercialization, generic ADVAIR DISKUS®, potentially launching next calendar year, followed by generic Flovent Diskus® in 2023, biosimilar Insulin Glargine in 2024 and biosimilar Insulin Aspart in 2025."

    Let's go UP to $5's again soon.
  • A
    A. Luis
    Tempted to increase stake at these prices.
  • A
    A. Luis
    Great moment for Lannett to buy back shares. I understand they need to build their cash reserves; nevertheless.
  • A
    A. Luis
    Eternal optimist!
  • j
    jag
    Currently shorts and optional traders are keeping price low , this will fly soon
    Director have bought in month of May and Chief Executive Officer bought in month of June
    1: recent price target @6+ from top rated analysts
    2: They are commercializing new product
    3: And it in oversold area
  • j
    jag
    $LCI todays pull back is bec of weekend lock expire and this current price is undervalued as per top analyst. Insider are holding at @7 with fair price is @6.5 . Lots of news are pending in pile line , I'm In
  • C
    Chuck
    Tax loss selling begins today
  • A
    A. Luis
    Lannett will never again have such a good opportunity to buy back its shares.
  • T
    THT
    Rosy future is impossible to catch. During the past two years it was pushed from 2023 to 2025. Most the CC statements were contradictory, especially “Made in US”. As we see, it doesn’t work in preventing competition. In addition, all major partners are from Mexico and China.
  • K
    K
    This company is like radiation, never go closer it.
  • M
    Maven
    Market cap is getting to the point we can all chip in and buy LCI
  • K
    K
    It is about time for this company to close the door and shut the lights off for good.
  • A
    A. Luis
    Incredible really