A share price of Lemonade Inc [LMND] is currently trading at $33.30, up 5.01%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LMND shares have gain 17.09% over the last week, with a monthly amount glided 75.08%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lemonade Inc [NYSE: LMND] stock has seen the most recent analyst activity on November 07, 2024, when Keefe Bruyette downgraded its rating to a Underperform and also boosted its price target to $21 from $18. Previously, TD Cowen started tracking the stock with Market Perform rating on January 10, 2024, and set its price target to $17. On December 01, 2023, downgrade downgraded it’s rating to Perform. Morgan Stanley started tracking the stock assigning a Underweight rating and suggested a price target of $14 on June 20, 2023. BMO Capital Markets initiated its recommendation with a Underperform and recommended $10 as its price target on January 20, 2023. Keefe Bruyette started tracking with a Mkt Perform rating for this stock on November 17, 2022, and assigned it a price target of $24. In a note dated July 18, 2022, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $24 to $20.
Lemonade Inc experienced fluctuations in its stock price throughout the past year between $14.03 and $34.95. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. Lemonade Inc [NYSE: LMND] shares were valued at $33.30 at the most recent close of the market. An investor can expect a potential drop of -47.45% based on the average LMND price forecast.
Analyzing the LMND fundamentals
Trailing Twelve Months sales for Lemonade Inc [NYSE:LMND] were 413.30M which represents 15.13% growth. Gross Profit Margin for this corporation currently stands at 1.1% with Operating Profit Margin at -0.49%, Pretax Profit Margin comes in at -0.5%, and Net Profit Margin reading is -0.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.33 and Total Capital is -0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.61 points at the first support level, and at 29.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.08, and for the 2nd resistance point, it is at 36.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lemonade Inc [NYSE:LMND] is 3.52. Considering the valuation of this stock, the price to sales ratio is 6.04, the price to book ratio is 4.01.
Transactions by insiders
Recent insider trading involved Angelidis-Smith Maria, Director, that happened on Nov 08 ’24 when 18512.0 shares were purchased. Director, Angelidis-Smith Maria completed a deal on Nov 13 ’24 to buy 15042.0 shares. Meanwhile, Chief Business Officer Prosor Maya sold 20000.0 shares on Nov 11 ’24.
