Lemonade Inc (LMND) Shares on the Decline: Short-term Analysis

A share price of Lemonade Inc [LMND] is currently trading at $43.00, down -1.71%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LMND shares have gain 3.19% over the last week, with a monthly amount glided 29.13%, 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 20, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $42 from $23. Previously, Keefe Bruyette downgraded its rating to Underperform on November 07, 2024, and elevated its price target to $21. On January 10, 2024, TD Cowen initiated with a Market Perform rating and assigned a price target of $17 on the stock. Oppenheimer downgraded its rating to a Perform. Morgan Stanley initiated its recommendation with a Underweight and recommended $14 as its price target on June 20, 2023. BMO Capital Markets started tracking with a Underperform rating for this stock on January 20, 2023, and assigned it a price target of $10. In a note dated November 17, 2022, Keefe Bruyette initiated an Mkt Perform rating and provided a target price of $24 on this stock.

Lemonade Inc experienced fluctuations in its stock price throughout the past year between $14.03 and $53.85. Currently, Wall Street analysts expect the stock to reach $40.67 within the next 12 months. Lemonade Inc [NYSE: LMND] shares were valued at $43.00 at the most recent close of the market. An investor can expect a potential drop of -5.42% 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 1.0% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at -0.42%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.33 and Total Capital is 0.04. 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 41.50 points at the first support level, and at 40.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.44, and for the 2nd resistance point, it is at 45.88.

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 7.43, the price to book ratio is 5.18.

Transactions by insiders

Recent insider trading involved Eisenberg Michael A, Director, that happened on Dec 13 ’24 when 12000.0 shares were sold. Officer, Prosor Maya completed a deal on Dec 03 ’24 to buy 304.0 shares. Meanwhile, Officer Peters John Sheldon bought 1790.0 shares on Dec 03 ’24.

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