Latch Inc. (NASDAQ: LTCH) Is Rated A Buy By Analysts. – Marketing Sentinel
Home  »  Technologies   »  Latch Inc. (NASDAQ: LTCH) Is Rated A Buy By Analys...

Latch Inc. (NASDAQ: LTCH) Is Rated A Buy By Analysts.

In the last trading session, 1.5 million Latch Inc. (NASDAQ:LTCH) shares changed hands as the company’s beta touched 0. With the company’s per share price at $13.49 changed hands at -$0.21 or -1.53% during last session, the market valuation stood at $1.98B. LTCH’s last price was a discount, traded about -46.03% off its 52-week high of $19.70. The share price had its 52-week low at $9.46, which suggests the last value was 29.87% up since then. When we look at Latch Inc.’s average trading volume, we note the 10-day average is 1.06 million shares, with the 3-month average coming to 1.06 million.

Analysts gave the Latch Inc. (LTCH) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended LTCH as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Latch Inc.’s EPS for the current quarter is expected to be -$0.2.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Latch Inc. (NASDAQ:LTCH) trade information

Instantly LTCH was in red as seen at the end of in last trading. With action -2.67%, the performance over the past five days has been red. The drop to weekly highs of 14.81 on Monday, 09/13/21 subtracted -1.53% to the stock’s daily price. The company’s shares are showing year-to-date upside of 33.30%, with the 5-day performance at -2.67% in the red. However, in the 30-day time frame, Latch Inc. (NASDAQ:LTCH) is 12.51% up.

The consensus price target for the stock as assigned by Wall Street analysts is $15.75, meaning bulls need an upside of 14.35% from its current market value. According to analyst projections, LTCH’s forecast low is $12.00 with $19.00 as the target high. To hit the forecast high, the stock’s price needs a -40.85% plunge from its current level, while the stock would need to tank 11.05% for it to hit the projected low.

Latch Inc. (LTCH) estimates and forecasts

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of $10.66 million. 6 analysts are of the opinion that Latch Inc.’s revenue for the quarter ending Dec 2021 will be $14.38 million.

LTCH Dividends

Latch Inc. is expected to release its next quarterly earnings report on June 09.

Latch Inc. (NASDAQ:LTCH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 16.49% of Latch Inc. shares while 31.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 37.35%.

>> 7 Top Picks for the Post-Pandemic Economy <<

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

173226

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

173226

100% free. stop anytime no spam