In the latest trading session, 0.46 million Lemonade Inc (NYSE:LMND) shares changed hands as the company’s beta touched 1.82. With the company’s most recent per share price at $18.08 changing hands around $0.7 or 4.05% at last look, the market valuation stands at $1.27B. LMND’s current price is a discount, trading about -37.22% off its 52-week high of $24.81. The share price had its 52-week low at $10.27, which suggests the last value was 43.2% up since then. When we look at Lemonade Inc’s average trading volume, we note the 3-month average coming to 1.89 million.
Lemonade Inc (NYSE:LMND) trade information
Instantly LMND is in green as seen in intraday trades today. With action 1.08%, the performance over the past five days has been green. The jump to weekly highs of 18.47 added 4.05% to the stock’s daily price. The company’s shares are showing year-to-date upside of 12.11%, with the 5-day performance at 1.08% in the green. However, in the 30-day time frame, Lemonade Inc (NYSE:LMND) is 8.09% up.
Lemonade Inc (LMND) estimates and forecasts
Data shows that the Lemonade Inc share is 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 11.83% over the past 6 months, a 12.94% in annual growth rate that is considerably higher than the industry average of 12.70%. Year-over-year growth is forecast to reach 19.80% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 121.46M. 7 analysts are of the opinion that Lemonade Inc’s revenue for the current quarter will be 134.63M. The company’s revenue for the corresponding quarters a year ago was 104.6M and 114.5M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 16.10%. The estimates for the next quarter sales put growth at 17.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -29.47%. The 2024 estimates are for Lemonade Inc earnings to increase by 10.31%, but the outlook for the next 5-year period is at 19.50% per year.
