Castlight Stock Analysis

CSLT -  USA Stock  

USD 2.04  0.01  0.49%

The newest gain in Castlight Health short term price appreciation could raise concerns from private investors as the firm it trading at a share price of 2.04 on 2,362,631 in volume. The company executives have successfully maneuvered the firm at convenient times to take advantage of all market conditions in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.52. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Castlight Health partners.
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Castlight Stock Analysis 

 
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The Castlight Health stock analysis report makes it easy to digest most publicly released information about Castlight Health and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Castlight Stock analysis module also helps to analyze the Castlight Health price relationship with some important fundamental indicators such as market cap and management efficiency.

Castlight Stock Analysis Notes

About 72.0% of the company shares are held by institutions such as insurance companies. The book value of Castlight Health was currently reported as 0.78. The company recorded a loss per share of 0.06. Castlight Health had not issued any dividends in recent years. Castlight Health, Inc. provides health navigation solutions for employers and health plan customers in education, manufacturing, retail, government, and technology industries in the United States. Castlight Health, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. Castlight Health operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 440 people. For more info on Castlight Health please contact Giovanni Colella at 415 829-1400 or go to www.castlighthealth.com.

Castlight Health Quarterly Cost of Revenue

11.76 MillionShare

Castlight Health Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Castlight Health's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Castlight Health or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Castlight Health has very high historical volatility over the last 90 days
Castlight Health is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 142.52 M. Net Loss for the year was (8.61 M) with profit before overhead, payroll, taxes, and interest of 94.67 M.
About 72.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.salamancapress.com: Shareholder Alert The MA Class Action Firm Announces an Investigation of the Merger - Salamanca Press

Castlight Health Upcoming and Recent Events

Earnings reports are used by Castlight Health to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Castlight Health previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report22nd of February 2022
Next Earnings Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Castlight Largest EPS Surprises

Earnings surprises can significantly impact Castlight Health's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-02-28
2018-12-310.00630.010.003758 
2018-05-10
2018-03-31-0.0543-0.06-0.005710 
2018-02-21
2017-12-31-0.0489-0.040.008918 
View All Earnings Estimates

Castlight Health SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Castlight Health prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Castlight Health investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Castlight Health specific information freely available to individual and institutional investors to make a timely investment decision.
6th of January 2022
Unclassified Corporate Event
View
5th of January 2022
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
View
15th of November 2021
Unclassified Corporate Event
View
2nd of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
3rd of August 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
10th of June 2021
Submission of Matters to a Vote of Security Holders
View
29th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

Castlight Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 330.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Castlight Health's market, we take the total number of its shares issued and multiply it by Castlight Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Castlight Profitablity

Castlight Health's profitability indicators refer to fundamental financial ratios that showcase Castlight Health's ability to generate income relative to its revenue or operating costs. If, let's say, Castlight Health is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Castlight Health's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Castlight Health's profitability requires more research than a typical breakdown of Castlight Health's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (6.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (7.08) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.07.
Last ReportedProjected for 2022
Return on Investment(37.91) (40.90) 
Return on Average Assets(0.42) (0.45) 
Return on Average Equity(0.46) (0.47) 
Return on Invested Capital(1.08) (1.16) 
Return on Sales(0.49) (0.53) 

Management Efficiency

The entity has return on total asset (ROA) of (3.8) % which means that it has lost $3.8 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (6.92) %, meaning that it created substantial loss on money invested by shareholders. Castlight Health management efficiency ratios could be used to measure how well castlight health manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to drop to -40.9 in 2022. Return on Average Assets is likely to drop to -0.45 in 2022. Castlight Health Total Liabilities is comparatively stable at the moment as compared to the past year. Castlight Health reported Total Liabilities of 49.34 Million in 2021. Current Liabilities is likely to gain to about 44.3 M in 2022, whereas Liabilities Non Current is likely to drop slightly above 9.9 M in 2022.
Last ReportedProjected for 2022
Book Value per Share 0.74  0.94 
Enterprise Value over EBIT(3.45) (3.72) 
Enterprise Value over EBITDA(3.80) (4.10) 
Price to Book Value 1.45  2.04 
Tangible Assets Book Value per Share 0.70  0.72 
Enterprise Value151 M154.9 M
Tangible Asset Value105.6 M118 M

Technical Drivers

As of the 18th of January 2022, Castlight Health shows the Downside Deviation of 4.58, risk adjusted performance of 0.0707, and Mean Deviation of 2.77. Castlight Health technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Castlight Health, which can be compared to its rivals. Please confirm Castlight Health variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Castlight Health is priced correctly, providing market reflects its regular price of 2.04 per share. Please also double-check Castlight Health total risk alpha, which is currently at 0.007 to validate the company can sustain itself at a future point.

Castlight Health Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Castlight Health middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Castlight Health. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Castlight Health Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Castlight Health insiders, such as employees or executives, is commonly permitted as long as it does not rely on Castlight Health's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Castlight Health insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
William Bondurant over two months ago via Macroaxis 
Exercise or conversion by William Bondurant of 16031 shares of Castlight Health subject to Rule 16b-3
Maeve OMeara over three months ago via Macroaxis 
Conversion by Maeve OMeara of 5000 shares of Castlight Health
William Bondurant over three months ago via Macroaxis 
Exercise or conversion by William Bondurant of 16031 shares of Castlight Health subject to Rule 16b-3
David Ebersman over six months ago via Macroaxis 
Conversion by David Ebersman of 260973 shares of Castlight Health
Seth Cohen over six months ago via Macroaxis 
Sale by Seth Cohen of 50000 shares of Castlight Health
Judith Verhave over six months ago via Macroaxis 
Acquisition by Judith Verhave of 70707 shares of Castlight Health subject to Rule 16b-3
Seth Cohen over six months ago via Macroaxis 
Sale by Seth Cohen of 30000 shares of Castlight Health
Seth Cohen over six months ago via Macroaxis 
Sale by Seth Cohen of 15807 shares of Castlight Health
William Bondurant over six months ago via Macroaxis 
Exercise or conversion by William Bondurant of 16031 shares of Castlight Health subject to Rule 16b-3
Seth Cohen over six months ago via Macroaxis 
Sale by Seth Cohen of 17119 shares of Castlight Health
Bondurant William over six months ago via Macroaxis 
Exercise or conversion by Bondurant William of 18750 shares of Castlight Health subject to Rule 16b-3
Bondurant William over six months ago via Macroaxis 
Acquisition by Bondurant William of 256500 shares of Castlight Health subject to Rule 16b-3

Castlight Health Technical and Predictive Indicators

Castlight Health Forecast Models

Castlight Health time-series forecasting models is one of many Castlight Health's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Castlight Health's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Castlight Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Castlight Health stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Castlight shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Castlight Health. By using and applying Castlight Stock analysis, traders can create a robust methodology for identifying Castlight entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(38.52) (41.56) 
EBITDA Margin(0.40) (0.43) 
Gross Margin 0.74  0.80 
Profit Margin(0.49) (0.53) 
Castlight Health, Inc. provides health navigation solutions for employers and health plan customers in education, manufacturing, retail, government, and technology industries in the United States. Castlight Health, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. Castlight Health operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 440 people.

Current Castlight Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Castlight analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Castlight analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
2.18Hold3Odds
Castlight Health current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Castlight analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Castlight stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Castlight Health, talking to its executives and customers, or listening to Castlight conference calls.
Castlight Analyst Advice Details

Castlight Stock Analysis Indicators

Castlight Health stock analysis indicators help investors evaluate how Castlight Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Castlight Health shares will generate the highest return on investment. By understating and applying Castlight Health stock analysis, traders can identify Castlight Health position entry and exit signals to maximize returns.
Quick Ratio2.73
Fifty Two Week Low1.3500
Revenue Growth-0.90%
Shares Short Prior Month3.82M
Average Daily Volume Last 10 Day10.06M
Average Daily Volume In Three Month2.24M
Shares Percent Shares Out1.95%
Gross Margins65.00%
Short Percent Of Float3.01%
Float Shares121.78M
Fifty Two Week High2.7100
Enterprise Value To Ebitda-54.35
Fifty Day Average1.6626
Two Hundred Day Average1.8314
Enterprise Value To Revenue1.47
Continue to Trending Equities. Note that the Castlight Health information on this page should be used as a complementary analysis to other Castlight Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Castlight Health price analysis, check to measure Castlight Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Castlight Health is operating at the current time. Most of Castlight Health's value examination focuses on studying past and present price action to predict the probability of Castlight Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Castlight Health's price. Additionally, you may evaluate how the addition of Castlight Health to your portfolios can decrease your overall portfolio volatility.
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Is Castlight Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Castlight Health. If investors know Castlight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Castlight Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Castlight Health is measured differently than its book value, which is the value of Castlight that is recorded on the company's balance sheet. Investors also form their own opinion of Castlight Health's value that differs from its market value or its book value, called intrinsic value, which is Castlight Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Castlight Health's market value can be influenced by many factors that don't directly affect Castlight Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Castlight Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Castlight Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castlight Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.