Lifevantage Corporation (LFVN) Announces Quarterly Earnings Results
Lifevantage Corporation (NASDAQ:LFVN) posted its quarterly earnings data on Thursday. The company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.02, Morningstar.com reports. Lifevantage Corporation had a return on equity of 31.37% and a net margin of 0.81%. The business had revenue of $50.64 million during the quarter.
Lifevantage Corporation (NASDAQ:LFVN) opened at 3.88 on Friday. Lifevantage Corporation has a 12 month low of $2.86 and a 12 month high of $11.92. The stock’s 50 day moving average price is $3.75 and its 200-day moving average price is $4.40. The stock has a market cap of $55.22 million, a PE ratio of 14.70 and a beta of 0.61.
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Institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP bought a new stake in shares of Lifevantage Corporation in the second quarter worth $152,000. LMR Partners LLP bought a new stake in shares of Lifevantage Corporation in the second quarter worth $170,000. Goldman Sachs Group Inc. grew its holdings in shares of Lifevantage Corporation by 443.3% in the second quarter. Goldman Sachs Group Inc. now owns 54,838 shares of the company’s stock worth $237,000 after acquiring an additional 44,744 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Lifevantage Corporation by 36.4% in the second quarter. Dimensional Fund Advisors LP now owns 79,495 shares of the company’s stock worth $344,000 after acquiring an additional 21,198 shares during the period. 18.78% of the stock is owned by institutional investors and hedge funds.
About Lifevantage Corporation
LifeVantage Corporation is a science-based network marketing company. The Company focuses on helping people achieve their health, wellness and financial independence goals. The Company provides products and a financially rewarding direct sales business opportunity to customers and independent distributors seeking a healthy lifestyle and financial freedom.
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