In last trading session, Lemonade Inc (NYSE:LMND) saw 1.6 million shares changing hands with its beta currently measuring 2.07. Company’s recent per share price level of $32.60 trading at -$2.28 or -6.54% at ring of the bell on the day assigns it a market valuation of $2.37B. That closing price of LMND’s stock is at a discount of -65.18% from its 52-week high price of $53.85 and is indicating a premium of 56.96% from its 52-week low price of $14.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.5 million shares which gives us an average trading volume of 2.35 million if we extend that period to 3-months.
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 -0.94 in the current quarter.
Lemonade Inc (NYSE:LMND) trade information
Upright in the red during last session for losing -6.54%, in the last five days LMND remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $32.60 price level, adding 12.6% to its value on the day. Lemonade Inc’s shares saw a change of -11.12% in year-to-date performance and have moved -5.75% in past 5-day. Lemonade Inc (NYSE:LMND) showed a performance of -0.70% in past 30-days. Number of shares sold short was 16.24 million shares which calculate 6.18 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 42 to the stock, which implies a rise of 22.38% 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 38.65% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.65% for stock’s current value.
Lemonade Inc (LMND) estimates and forecasts
This year revenue growth is estimated to rise 25.66% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 146.12M for the same. And 4 analysts are in estimates of company making revenue of 157.35M in the next quarter. Company posted 119.1M and 122M 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 -8.22% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 1.44% while estimates for its earnings growth in next 5 years are of 30.30%.
Lemonade Inc (NYSE:LMND)’s Major holders
Insiders are in possession of 25.20% of company’s total shares while institution are holding 46.34 percent of that, with stock having share float percentage of 61.94%. Investors also watch the number of corporate investors in a company very closely, which is 46.34% institutions for Lemonade Inc that are currently holding shares of the company. 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 $64.93 million or 2.74% of the total outstanding shares. The later fund manager was in possession of 1.69 shares on Dec 31, 2024 , making its stake of worth around $55.1 million in the company or a holder of 2.32% of company’s stock.
