During the last session, LifeMD Inc (NASDAQ:LFMD)’s traded shares were 0.63 million, with the beta value of the company hitting 1.21. At the end of the trading day, the stock’s price was $4.38, reflecting an intraday gain of 4.04% or $0.17. The 52-week high for the LFMD share is $12.88, that puts it down -194.06 from that peak though still a striking 6.39% gain since the share price plummeted to a 52-week low of $4.10. The company’s market capitalization is $188.65M, and the average intraday trading volume over the past 10 days was 0.47 million shares, and the average trade volume was 512.09K shares over the past three months.
LifeMD Inc (LFMD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. LFMD has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.12.
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
LifeMD Inc (NASDAQ:LFMD) trade information
LifeMD Inc (LFMD) registered a 4.04% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 4.04% in intraday trading to $4.38, hitting a weekly high. The stock’s 5-day price performance is -9.32%, and it has moved by -16.25% in 30 days. Based on these gigs, the overall price performance for the year is -32.51%. The short interest in LifeMD Inc (NASDAQ:LFMD) is 4.72 million shares and it means that shorts have 10.95 day(s) to cover.
The consensus price target of analysts on Wall Street is $13, which implies an increase of 66.31% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $14 respectively. As a result, LFMD is trading at a discount of -219.63% off the target high and -173.97% off the low.
LifeMD Inc (LFMD) estimates and forecasts
Statistics show that LifeMD Inc has outperformed its competitors in share price, compared to the industry in which it operates. LifeMD Inc (LFMD) shares have gone down -54.66% during the last six months, with a year-to-date growth rate more than the industry average at 30.00% against 7.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 40.00% this quarter and then jump 66.70% in the quarter after that. In the rating firms’ projections, revenue will increase 35.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 53.8M as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 57.34M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 38.61M and 44.86M respectively. In this case, analysts expect current quarter sales to grow by 39.30% and then jump by 27.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -25.48%. While earnings are projected to return 24.91% in 2024.
LFMD Dividends
LifeMD Inc is due to release its next quarterly earnings on 2024-Nov-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
LifeMD Inc (NASDAQ:LFMD)’s Major holders
LifeMD Inc insiders own 15.57% of total outstanding shares while institutional holders control 38.55%, with the float percentage being 45.66%. BLACKROCK INC. is the largest shareholder of the company, while 135.0 institutions own stock in it. As of 2024-06-30, the company held over 2.34 million shares (or 5.9546% of all shares), a total value of $16.03 million in shares.
The next largest institutional holding, with 1.52 million shares, is of VANGUARD GROUP INC’s that is approximately 3.8697% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $10.42 million.
