In the last trading session, 1.75 million LifeMD Inc (NASDAQ:LFMD) shares changed hands as the company’s beta touched 2.42. With the company’s per share price at $13.62 changed hands at -$0.13 or -0.95% during last session, the market valuation stood at $619.00M. LFMD’s last price was a discount, traded about -16.3% off its 52-week high of $15.84. The share price had its 52-week low at $3.99, which suggests the last value was 70.7% up since then. When we look at LifeMD Inc’s average trading volume, we note the 10-day average is 2.47 million shares, with the 3-month average coming to 1.90 million.
Analysts gave the LifeMD Inc (LFMD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. 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 (NASDAQ:LFMD) trade information
Instantly LFMD was in red as seen at the end of in last trading. With action -4.76%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 96.25%, with the 5-day performance at -4.76% in the red. However, in the 30-day time frame, LifeMD Inc (NASDAQ:LFMD) is 18.54% up. Looking at the short shares, we see there were 3.58 million shares sold at short interest cover period of 1.88 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10.5, meaning bulls need a downside of -29.71% from its current market value. According to analyst projections, LFMD’s forecast low is 7 with 14 as the target high. To hit the forecast high, the stock’s price needs a -2.79% plunge from its current level, while the stock would need to tank 48.6% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -10.98%. The 2025 estimates are for LifeMD Inc earnings to increase by 103.23%.
LFMD Dividends
LifeMD Inc is expected to release its next quarterly earnings report on 2025-May-06.
LifeMD Inc (NASDAQ:LFMD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 15.99% of LifeMD Inc shares while 37.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 44.59%. There are 37.46% institutions holding the LifeMD Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.6585% 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 3.6772% or 1.52 million shares worth $10.42 million as of 2024-06-30.
