Analyzing LifeMD Inc (NASDAQ: LFMD)’s Stock Performance and Future Prospects

In the last trading session, 4.64 million LifeMD Inc (NASDAQ:LFMD) shares changed hands as the company’s beta touched 1.48. With the company’s per share price at $5.46 changed hands at -$2.06 or -27.39% during last session, the market valuation stood at $236.48M. LFMD’s last price was a discount, traded about -135.9% 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 26.92% up since then.

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 -24.90%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 10.30%, with the 5-day performance at -24.90% in the red. However, in the 30-day time frame, LifeMD Inc (NASDAQ:LFMD) is 7.48% up.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 54.5% from its current market value. According to analyst projections, LFMD’s forecast low is 7 with 12 as the target high. To hit the forecast high, the stock’s price needs a -119.78% plunge from its current level, while the stock would need to soar -28.21% for it to hit the projected low.

LifeMD Inc (LFMD) estimates and forecasts

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. 8 analysts are of the opinion that LifeMD Inc’s revenue for the current quarter will be 59.62M. 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 35.07%.

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 2025 estimates are for LifeMD Inc earnings to increase by 21.02%.

LifeMD Inc (NASDAQ:LFMD)’s Major holders

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.

Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. With 957.78 shares estimated at $5.23 million under it, the former controlled 2.21% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.15% of the shares, roughly 932.53 shares worth around $5.09 million.