A share price of Lemonade Inc [LMND] is currently trading at $44.16, up 7.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The LMND shares have gain 12.71% over the last week, with a monthly amount drifted -13.45%, and not 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 $44.16 at the most recent close of the market. An investor can expect a potential drop of -7.9% 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 41.64 points at the first support level, and at 39.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.60, and for the 2nd resistance point, it is at 47.05.
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 7.63, the price to book ratio is 5.32.
Transactions by insiders
Recent insider trading involved Peters John Sheldon, Chief Insurance Officer, that happened on Dec 03 ’24 when 1790.0 shares were sold. Chief Business Officer, Prosor Maya completed a deal on Dec 03 ’24 to sell 304.0 shares. Meanwhile, 10% Owner SoftBank Group Capital Ltd sold 7067.0 shares on Dec 18 ’24.
