In the last trading session, 0.2 million LifeMD Inc (NASDAQ:LFMD) shares changed hands as the company’s beta touched 1.46. With the company’s per share price at $4.91 changed hands at -$0.08 or -1.60% during last session, the market valuation stood at $220.46M. LFMD’s last price was a discount, traded about -162.32% off its 52-week high of $12.88. The share price had its 52-week low at $3.99, which suggests the last value was 18.74% up since then. When we look at LifeMD Inc’s average trading volume, we note the 10-day average is 0.68 million shares, with the 3-month average coming to 640.66K.

Analysts gave the LifeMD Inc (LFMD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.22. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LFMD as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. LifeMD Inc’s EPS for the current quarter is expected to be 0.14.

LifeMD Inc (NASDAQ:LFMD) trade information

Instantly LFMD was in red as seen at the end of in last trading. With action -9.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -38.60%, with the 5-day performance at -9.91% in the red. However, in the 30-day time frame, LifeMD Inc (NASDAQ:LFMD) is -12.24% down. Looking at the short shares, we see there were 5.97 million shares sold at short interest cover period of 7.78 days.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 59.08% from its current market value. According to analyst projections, LFMD’s forecast low is 12 with 12 as the target high. To hit the forecast high, the stock’s price needs a -144.4% plunge from its current level, while the stock would need to soar -144.4% for it to hit the projected low.

LifeMD Inc (LFMD) estimates and forecasts

Data shows that the LifeMD 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 -26.66% over the past 6 months, a 18.57% in annual growth rate that is considerably higher than the industry average of 6.80%. Year-over-year growth is forecast to reach 34.81% up from the last financial year.

Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 57.43M. 9 analysts are of the opinion that LifeMD Inc’s revenue for the current quarter will be 59.29M. The company’s revenue for the corresponding quarters a year ago was 44.86M and 44.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 28.03%. The estimates for the next quarter sales put growth at 34.32%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -25.48%. The 2024 estimates are for LifeMD Inc earnings to increase by 21.02%.

LFMD Dividends

LifeMD Inc is expected to release its next quarterly earnings report in January.

LifeMD Inc (NASDAQ:LFMD)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 15.92% of LifeMD Inc shares while 40.48% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 48.14%. There are 40.48% institutions holding the LifeMD Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.9546% of the shares, roughly 2.34 million LFMD shares worth $16.03 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 3.8697% or 1.52 million shares worth $10.42 million as of 2024-06-30.