At the time of writing, LifeMD Inc [LFMD] stock is trading at $6.54, down -0.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The LFMD shares have gain 12.76% over the last week, with a monthly amount glided 60.29%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on June 05, 2024, and set its price target to $12. On November 30, 2023, Craig Hallum initiated with a Buy rating and assigned a price target of $10 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $7 on July 21, 2023. H.C. Wainwright initiated its recommendation with a Buy and recommended $9 as its price target on July 03, 2023. Colliers Securities started tracking with a Buy rating for this stock on March 10, 2022, and assigned it a price target of $14.
For the past year, the stock price of LifeMD Inc fluctuated between $3.99 and $12.88. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. LifeMD Inc [NASDAQ: LFMD] shares were valued at $6.54 at the most recent close of the market. An investor can expect a potential return of 83.49% based on the average LFMD price forecast.
Analyzing the LFMD fundamentals
According to LifeMD Inc [NASDAQ:LFMD], the company’s sales were 193.06M for trailing twelve months, which represents an 38.27% jump. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is 10.05 and Total Capital is -0.87. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.36.
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 6.39 points at the first support level, and at 6.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.69, and for the 2nd resistance point, it is at 6.83.
Ratios To Look Out For
It is important to note that LifeMD Inc [NASDAQ:LFMD] has a current ratio of 0.83. On the other hand, the Quick Ratio is 0.78, and the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 1.52.
Transactions by insiders
Recent insider trading involved Justin Schreiber, CEO, that happened on Dec 02 ’24 when 100000.0 shares were purchased. Chief Innovation Officer, Galluppi Stefan completed a deal on Sep 11 ’24 to buy 3000.0 shares.
