LifeMD Inc (LFMD) Investors To Reap Good Returns Once Again

LifeMD Inc (NASDAQ:LFMD) has a beta value of 2.34 and has seen 7.18 million shares traded in the last trading session. The company, currently valued at $241.47M, closed the last trade at $5.57 per share which meant it gained $1.3 on the day or 30.56% during that session. The LFMD stock price is -131.24% off its 52-week high price of $12.88 and 28.37% above the 52-week low of $3.99.

The consensus among analysts is that LifeMD Inc (LFMD) is Buy stock at the moment, with a recommendation rating of 1.29. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.14.

LifeMD Inc (NASDAQ:LFMD) trade information

Sporting 30.56% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LFMD stock price touched $5.57 or saw a rise of 4.13%. Year-to-date, LifeMD Inc shares have moved 12.63%, while the 5-day performance has seen it change 14.71%. Over the past 30 days, the shares of LifeMD Inc (NASDAQ:LFMD) have changed -14.62%.

Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 53.58% from current levels. The projected low price target is $7.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is -115.44% off the targeted high while a plunge would see the stock gain -25.67% from current levels.

LifeMD Inc (LFMD) estimates and forecasts

The company’s shares have gained 16.39% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 25.08%.

8 analysts offering their estimates for the company have set an average revenue estimate of 62.23M for the current quarter. 8 have an estimated revenue figure of 65.02M for the next ending quarter. Year-ago sales stood 44.14M and 50.66M respectively for this quarter and the next, and analysts expect sales will grow by 40.97% for the current quarter and 25.08% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.98% over the past 5 years.

LFMD Dividends

LifeMD Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

LifeMD Inc (NASDAQ:LFMD)’s Major holders

The top two institutional holders are BLACKROCK INC. with over 2.34 million shares worth more than $16.03 million. As of 2024-06-30, BLACKROCK INC. held 5.9546% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 1.52 million shares as of 2024-06-30. The firm’s total holdings are worth over $10.42 million and represent 3.8697% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 2.15% shares in the company for having 932.53 shares of worth $5.2 million while later fund manager owns 926.54 shares of worth $5.17 million as of Dec 31, 2024 , which makes it owner of about 2.14% of company’s outstanding stock.