Lemonade Inc [LMND] stock prices are up 4.86% to $33.22 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LMND shares have gain 2.53% over the last week, with a monthly amount drifted -19.51%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Lemonade Inc [LMND] has been fluctuating between $14.03 and $53.85 over the past year. Currently, Wall Street analysts expect the stock to reach $40.67 within the next 12 months. Lemonade Inc [NYSE: LMND] shares were valued at $33.22 at the most recent close of the market. An investor can expect a potential return of 22.43% based on the average LMND price forecast.
Analyzing the LMND fundamentals
The Lemonade Inc [NYSE:LMND] reported sales of 413.30M for trailing twelve months, representing a surge of 15.13%. 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 of0.15.
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 31.51 points at the first support level, and at 29.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.32, and for the 2nd resistance point, it is at 35.41.
Ratios To Look Out For
It’s worth pointing out that Lemonade Inc [NYSE:LMND]’s Current Ratio is 3.52. Considering the valuation of this stock, the price to sales ratio is 5.74, the price to book ratio is 4.00.
Transactions by insiders
Recent insider trading involved Peters John Sheldon, Chief Insurance Officer, that happened on Dec 30 ’24 when 28985.0 shares were sold. Officer, Peters John Sheldon completed a deal on Dec 30 ’24 to buy 28985.0 shares. Meanwhile, Chief Insurance Officer Peters John Sheldon sold 1790.0 shares on Dec 03 ’24.
