During the last session, Lemonade, Inc. (NYSE:LMND)’s traded shares were 1,164,502, with the beta value of the company hitting 0. At the end of the trading day, the stock’s price was $91.66, reflecting an intraday loss of -3.72% or -$3.54. The 52-week high for the LMND share is $188.3, that puts it down -105.43% from that peak though still a striking +51.88% gain since the share price plummeted to a 52-week low of $44.11. The company’s market capitalization is $5.62 Billion, and the average intraday trading volume over the past 10 days was 2.18 Million shares, and the average trade volume was 3.94 Million shares over the past three months.
Lemonade, Inc. (LMND) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.8. LMND has a Sell rating from 1 analyst(s) out of 9 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 3 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.9.
Lemonade, Inc. (NYSE:LMND): Trading Information
Lemonade, Inc. (LMND) registered a -3.72% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.33% in intraday trading to $98.91 this Tuesday, Apr 06, hitting a weekly high. The stock’s 5-day price performance is 2%, and it has moved by -1.33% in 30 days. Based on these gigs, the overall price performance for the year is -25.18%. The short interest in Lemonade, Inc. (NYSE:LMND) is 6.44 Million shares and it means that shorts have 1.63 day(s) to cover.
The consensus price target of analysts on Wall Street is $92.86, which implies an increase of 1.31% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $29 and $134 respectively. As a result, LMND is trading at a discount of 46.19% off the target high and -68.36% off the low.
Lemonade, Inc. (LMND) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return -47% in 2021, the next five years will return 12.9% per annum.
Lemonade, Inc. (NYSE:LMND)’s Biggest Investors
Lemonade, Inc. insiders own 35.73% of total outstanding shares while institutional holders control 35.71%, with the float percentage being 55.56%. Softbank Group Corporation is the largest shareholder of the company, while 298 institutions own stock in it. As of Dec 30, 2020, the company held over 11.98 Million shares (or 19.55% of all shares), a total value of $1.47 Billion in shares.
The next largest institutional holding, with 3.28 Million shares, is of Baillie Gifford and Company’s that is approximately 5.36% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $402.08 Million.
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Also, the Mutual Funds coming in first place with the largest holdings of Lemonade, Inc. (LMND) shares are Vanguard U.S. Growth Fund and Vanguard Total Stock Market Index Fund. Data provided on Nov 29, 2020 indicates that Vanguard U.S. Growth Fund owns about 941,310 shares. This amounts to just over 1.54 percent of the company’s overall shares, with a $65.2 Million market value. The same data shows that the other fund manager holds slightly less at 395.54 Thousand, or about 0.65% of the stock, which is worth about $48.45 Million.