In today’s recent session, 0.57 million shares of the LifeMD Inc (NASDAQ:LFMD) have been traded, and its beta is 1.44. Most recently the company’s share price was $10.81, and it changed around $0.81 or 8.10% from the last close, which brings the market valuation of the company to $436.40M. LFMD at last check was trading at a discount to its 52-week high of $12.01, offering almost -11.1% off that amount. The share price’s 52-week low was $1.40, which indicates that the recent value has risen by an impressive 87.05% since then. We note from LifeMD Inc’s average daily trading volume that its 3-month average coming to 640.34K.
LifeMD Inc (NASDAQ:LFMD) trade information
Instantly LFMD has been showing a green trend so far today with a performance of 8.10% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 30.40% year-to-date, but still up 8.97% over the last five days. On the other hand, LifeMD Inc (NASDAQ:LFMD) is -2.96% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 22.79% from its current value. Analyst projections state that LFMD is forecast to be at a low of $14 and a high of $14.
LifeMD Inc (LFMD) estimates and forecasts
LifeMD Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 68.64 percent over the past six months and at a 78.57% annual growth rate that is well above the industry average of 12.50%. The year-over-year growth rate is expected to be 32.20%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $42.47 million in revenue for the current quarter. 4 analysts expect LifeMD Inc to make $47.38 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $30.8 million and $35.95 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 37.90%. Forecasts for the next quarter put sales growth at 31.80%. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -25.48%.
