Lineage Cell Therapeutics (LCTX) Stock Price, News & Analysis

Company Overview

Lineage Cell Therapeutics, Inc., a clinical-stage biotechnology company, develops novel cell therapies for unmet medical needs in the United States and internationally. The company develops OpRegen, an allogeneic retinal pigment epithelium cell replacement therapy, which is in Phase 2a clinical trial for the treatment of the dry age-related macular degeneration; OPC1, an allogeneic oligodendrocyte progenitor cell therapy that is in Phase 1/2a multicenter clinical trial for the treatment of cervical spinal cord injuries; and VAC, an allogeneic cancer immunotherapy of antigen-presenting dendritic cells, which is in Phase I clinical trial to treat non-small cell lung cancer. It also offers ANP1, an allogeneic auditory neuron progenitor cell transplant, which is in preclinical development for the treatment of debilitating hearing loss; and PNC1, an allogeneic photoreceptor cell transplant, which is in preclinical development for the treatment of vision loss due to photoreceptor dysfunction or damage. In addition, the company engages in the research and development of therapeutic products for retinal diseases, neurological diseases, and disorders and oncology. Lineage Cell Therapeutics, Inc. has a collaboration with Immunomic Therapeutics, Inc., for the treatment of glioblastoma multiforme. The company was formerly known as BioTime, Inc. and changed its name to Lineage Cell Therapeutics, Inc. in August 2019. Lineage Cell Therapeutics, Inc. was incorporated in 1990 and is headquartered in Carlsbad, California.

Key Stats

• Today's Range: $0.51 to $0.56
• 50-Day Range: N/A
• 52-Week Range: $0.48 to $1.61
• Volume: 2.14 million shs
• Average Volume: 1.07 million shs
• Market Capitalization: $122.99 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.25
• Consensus Rating: Buy

Lineage Cell Therapeutics Stock Analysis - MarketRank™

Lineage Cell Therapeutics scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Lineage Cell Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lineage Cell Therapeutics has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Lineage Cell Therapeutics are expected to decrease in the coming year, from ($0.08) to ($0.09) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lineage Cell Therapeutics is -4.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lineage Cell Therapeutics is -4.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lineage Cell Therapeutics has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.32% of the outstanding shares of Lineage Cell Therapeutics have been sold short.

Short Interest Ratio / Days to Cover

Lineage Cell Therapeutics has a short interest ratio ("days to cover") of 13, which indicates bearish sentiment.

Change versus previous month

Short interest in Lineage Cell Therapeutics has recently increased by 13.70%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lineage Cell Therapeutics does not currently pay a dividend.

Dividend Growth

Lineage Cell Therapeutics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.32% of the outstanding shares of Lineage Cell Therapeutics have been sold short.

Short Interest Ratio / Days to Cover

Lineage Cell Therapeutics has a short interest ratio ("days to cover") of 13, which indicates bearish sentiment.

Change versus previous month

Short interest in Lineage Cell Therapeutics has recently increased by 13.70%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Lineage Cell Therapeutics has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

Search Interest

6 people have searched for LCTX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Lineage Cell Therapeutics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

26.60% of the stock of Lineage Cell Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.47% of the stock of Lineage Cell Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LCTX Stock Analysis - Frequently Asked Questions

How have LCTX shares performed this year?

Lineage Cell Therapeutics' stock was trading at $1.09 at the beginning of 2024. Since then, LCTX shares have decreased by 48.8% and is now trading at $0.5580.
View the best growth stocks for 2024 here.

How were Lineage Cell Therapeutics' earnings last quarter?

Lineage Cell Therapeutics, Inc. (NYSEAMERICAN:LCTX) posted its earnings results on Thursday, August, 8th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. The business earned $1.41 million during the quarter, compared to analysts' expectations of $1.28 million. Lineage Cell Therapeutics had a negative trailing twelve-month return on equity of 30.39% and a negative net margin of 230.66%.

Who are Lineage Cell Therapeutics' major shareholders?

Lineage Cell Therapeutics' top institutional investors include Defender Capital LLC. (2.65%), Raffles Associates LP (2.39%), Geode Capital Management LLC (1.95%) and State Street Corp (1.38%). Insiders that own company stock include Broadwood Partners, LP, Brian M Culley, Don M Bailey, Jill Ann Howe, Gary S Hogge, Dipti Amin and Michael H Mulroy.
View institutional ownership trends.

How do I buy shares of Lineage Cell Therapeutics?

Shares of LCTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lineage Cell Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lineage Cell Therapeutics investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Moderna (MRNA), JPMorgan Chase & Co. (JPM) and Chevron (CVX).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Medical
• Industry: Biological products, except diagnostic
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NYSEAMERICAN:LCTX
• CUSIP: N/A
• CIK: 876343
• Web: www.lineagecell.com
• Phone: (442) 287-8963
• Fax: 510-521-3389
• Employees: 60
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.25
• High Stock Price Target: $9.00
• Low Stock Price Target: $2.00
• Potential Upside/Downside: +840.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,490,000.00
• Net Margins: -230.66%
• Pretax Margin: -229.91%
• Return on Equity: -30.39%
• Return on Assets: -19.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.48
• Quick Ratio: 2.48

Sales & Book Value

• Annual Sales: $8.94 million
• Price / Sales: 13.76
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.35 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 220,420,000
• Free Float: 161,785,000
• Market Cap: $122.99 million
• Optionable: Not Optionable
• Beta: 1.16