In the last trading session, 3,210,000,000 Leaf Group Ltd. (NYSE:LEAF) shares changed hands as the company’s beta touched 2.01. With the company’s per share price at $5.98 changed hands at -$0.56 or -0.09% during last session, the market valuation stood at $214.09 Million. LEAF’s last price was a discount, traded about -47.99% off its 52-week high of $8.85. The share price had its 52-week low at $1.03, which suggests the last value was 82.78% up since then. When we look at Leaf Group Ltd.’s average trading volume, we note the 10-day average is 2.61 Million shares, with the 3-month average coming to 757.19 Million.
Analysts gave the Leaf Group Ltd. (LEAF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.3. If we narrow down to specifics, the data shows that none out of 3 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended LEAF as a Hold, 3 felt it is a Buy and none rated the stock as Underweight. Leaf Group Ltd.’s EPS for the current quarter is expected to be -$0.24.
Leaf Group Ltd. (NYSE:LEAF) trade information
Although LEAF has turned red as seen at the end of in last trading. With action -8.56%, the performance over the past five days has been red. The jump to weekly highs of $8.85- on Wednesday, Mar 24 added 32.43% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.29%, with the 5-day performance at -0.19% in the red. However, in the 30-day time frame, Leaf Group Ltd. (NYSE:LEAF) is 0.08% up. Looking at the short shares, we see there were 352.68 Million shares sold at short interest cover period of 0.47 days.
The consensus price target for the stock as assigned by Wall Street analysts is $8.67, meaning bulls need an upside of 44.98% from its current market value. According to analyst projections, LEAF’s forecast low is $7.5 with $9.5 as the target high. To hit the forecast high, the stock’s price needs a +58.86% upsurge from its current level, while the stock would need to tank 25.42% for it to hit the projected low.
Leaf Group Ltd. (LEAF) estimates and forecasts
Data shows that the Leaf Group Ltd. share is not performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot +25.1% over the past 6 months. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2021 revenue estimates. The rating firms predict current quarter revenue for Leaf Group Ltd. will rise +40%, while the growth in revenue is estimated to hit -466.7% for the next quarter. Year-over-year growth is forecast to reach 12.1% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of $46.33 Million. 3 analysts are of the opinion that Leaf Group Ltd.’s revenue for the quarter ending June 01, 2021 will be $54.7 Million. The company’s revenue for the corresponding quarters a year ago was $32.87 Million and $50.97 Million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 41%. The estimates for the next quarter sales put growth at 7.3%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 31.7%. The 2021 estimates are for Leaf Group Ltd. earnings to increase by 68.6%, but the outlook for the next 5-year period is at 15% per year.
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Leaf Group Ltd. (NYSE:LEAF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.74% of Leaf Group Ltd. shares while 56.77% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 58.98%. There are 68 institutions holding the Leaf Group Ltd. stock share, with Oak Management Corp the top institutional holder. As of Dec 30, 2020, the company held 10.38% of the shares, roughly 3.72 Million LEAF shares worth $17.29 Million.
Osmium Partners, LLC holds the second largest percentage of outstanding shares, with 6.53% or 2.34 Million shares worth $10.87 Million as of Dec 30, 2020.
Among Mutual Funds, the top two as of Dec 30, 2020 were Vanguard Total Stock Market Index Fund and Wasatch Micro-Cap Value Fund. With 1048255 shares estimated at $4.87 Million under it, the former controlled 2.93% of total outstanding shares. On the other hand, Wasatch Micro-Cap Value Fund held about 1.73% of the shares, roughly 620Thousand shares worth around $2.88 Million.