In last trading session, Lemonade Inc (NYSE:LMND) saw 1.72 million shares changing hands with its beta currently measuring 2.15. Company’s recent per share price level of $36.54 trading at -$1.95 or -5.07% at ring of the bell on the day assigns it a market valuation of $2.61B. That closing price of LMND’s stock is at a discount of -47.37% from its 52-week high price of $53.85 and is indicating a premium of 61.6% from its 52-week low price of $14.03.
For Lemonade Inc (LMND), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.55. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.61 in the current quarter.
Lemonade Inc (NYSE:LMND) trade information
Upright in the red during last session for losing -5.07%, in the last five days LMND remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $36.54 price level, adding 11.25% to its value on the day. Lemonade Inc’s shares saw a change of -0.38% in year-to-date performance and have moved 11.30% in past 5-day. Lemonade Inc (NYSE:LMND) showed a performance of 11.30% in past 30-days.
Wall Street analysts have assigned a consensus price target of 42 to the stock, which implies a rise of 13.0% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 60. It follows that stock’s current price would jump 45.27% in reaching the projected high whereas dropping to the targeted low would mean a gain of 45.27% for stock’s current value.
Lemonade Inc (LMND) estimates and forecasts
This year revenue growth is estimated to rise 21.64% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 144.78M for the same. And 4 analysts are in estimates of company making revenue of 151.95M in the next quarter. Company posted 115.5M and 119.1M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -29.47% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 10.81% while estimates for its earnings growth in next 5 years are of 18.13%.
Lemonade Inc (NYSE:LMND)’s Major holders
SOFTBANK GROUP CORP. is the top institutional holder at LMND for having 11.98 million shares of worth $197.73 million. And as of 2024-06-30, it was holding 16.9445 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.564 of outstanding shares, having a total worth of $87.72 million.
On the other hand, Vanguard U.S. Growth Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 1.99 shares of worth $72.78 million or 2.79% of the total outstanding shares. The later fund manager was in possession of 1.7 shares on Sep 30, 2024 , making its stake of worth around $62.16 million in the company or a holder of 2.38% of company’s stock.
