With 6.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.58 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $40.49 whereas the lowest price it dropped to was $34.039. The 52-week range on LMND shows that it touched its highest point at $35.17 and its lowest point at $14.03 during that stretch. It currently has a 1-year price target of $21.25. Beta for the stock currently stands at 1.75.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LMND was up-trending over the past week, with a rise of 24.39%, but this was up by 115.92% over a month. Three-month performance surged to 132.02% while six-month performance rose 135.70%. The stock gained 142.98% in the past year, while it has gained 148.85% so far this year. A look at the trailing 12-month EPS for LMND yields -3.04 with Next year EPS estimates of -2.56. For the next quarter, that number is -0.61. This implies an EPS growth rate of 10.96% for this year and 15.44% for next year. EPS is expected to grow by 19.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.47%.
Float and Shares Shorts:
At present, 70.16 million LMND shares are outstanding with a float of 51.64 million shares on hand for trading. On 2024-10-31, short shares totaled 15.65 million, which was 2192.0 higher than short shares on 1727654400. In addition to Mr. Daniel Asher Schreiber as the firm’s CO-Founder, Chairman & CEO, Mr. Shai Wininger Gavish serves as its Co-Founder, President & Director.
Institutional Ownership:
Through their ownership of 0.41404998 of LMND’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LMND since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LMND analysts setting a high price target of 40.0 and a low target of 13.0, the average target price over the next 12 months is 22.28571. Based on these targets, LMND could drop -0.35% to reach the target high and fall by -67.61% to reach the target low. Reaching the average price target will result in a decline of -44.48% from current levels.
Analysts have provided yearly estimates in a range of -$2.84863 being high and -$3.23573 being low. For LMND, this leads to a yearly average estimate of -$3.02729. The surprise factor in the prior quarter was -$0.86. Based on analyst estimates, the high estimate for the next quarter is -$0.51 and the low estimate is -$0.75. The average estimate for the next quarter is thus -$0.62.
