Lemonade Inc. (NYSE:LMND) has a beta value of 0 and has seen 1,243,369 shares traded in the last trading session. The company, currently valued at $5.28 Billion, closed the last trade at $86.2 per share which meant it lost -$4.2 on the day or -4.65% during that session. The LMND stock price is -118.45% off its 52-week high price of $188.3 and 48.83% above the 52-week low of $44.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.18 Million shares traded. The 3-month trading volume is 3.94 Million shares.
The consensus among analysts is that Lemonade Inc. (LMND) is a Hold stock at the moment, with a recommendation rating of 2.8. 1 analysts rate the stock as a Sell, while none rate it as Overweight. 4 out of 9 have rated it as a Hold, with 3 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.81.
Lemonade Inc. (NYSE:LMND) trade information
Despite being -4.65% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the LMND stock price touched $100.57 or saw a rise of 14.29%. Year-to-date, Lemonade Inc. shares have moved -29.63%, while the 5-day performance has seen it change -11.64%. Over the past 30 days, the shares of Lemonade Inc. (NYSE:LMND) have changed -9.81%. Short interest in the company has seen 7.73 Million shares shorted with days to cover at 1.96.
Wall Street analysts have a consensus price target for the stock at $92.86, which means that the shares’ value could jump 7.73% from current levels. The projected low price target is $29 while the price target rests at a high of $134. In that case, then, we find that the current price level is +55.45% off the targeted high while a plunge would see the stock lose -66.36% from current levels.
Lemonade Inc. (LMND) estimates and forecasts
Earnings growth for 2021 is a modest -47% while over the next 5 years, the company’s earnings are expected to increase by 12.9%.
Lemonade Inc. (NYSE:LMND)’s Major holders
Insiders own 35.73% of the company shares, while shares held by institutions stand at 35.55% with a share float percentage of 55.32%. Investors are also buoyed by the number of investors in a company, with Lemonade Inc. having a total of 308 institutions that hold shares in the company. The top two institutional holders are Softbank Group Corporation with over 11.98 Million shares worth more than $1.47 Billion. As of December 30, 2020, Softbank Group Corporation held 19.55% of shares outstanding.
The other major institutional holder is Baillie Gifford and Company, with the holding of over 3.28 Million shares as of December 30, 2020. The firm’s total holdings are worth over $402.08 Million and represent 5.36% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard U.S. Growth Fund and Vanguard Total Stock Market Index Fund. As of February 27, 2021, the former fund manager holds about 2.19% shares in the company for having 1342255 shares of worth $168.84 Million while later fund manager owns 395.54 Thousand shares of worth $48.45 Million as of December 30, 2020, which makes it owner of about 0.65% of company’s outstanding stock.