With 3.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.98 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $53.82 whereas the lowest price it dropped to was $48.31. The 52-week range on LMND shows that it touched its highest point at $52.22 and its lowest point at $14.03 during that stretch. It currently has a 1-year price target of $28.75. Beta for the stock currently stands at 1.97.
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 48.70%, but this was up by 176.83% over a month. Three-month performance surged to 180.95% while six-month performance rose 210.15%. The stock gained 201.89% in the past year, while it has gained 216.31% so far this year. A look at the trailing 12-month EPS for LMND yields -3.04 with Next year EPS estimates of -2.59. For the next quarter, that number is -0.61. This implies an EPS growth rate of 10.62% for this year and 14.66% 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 60.0 and a low target of 15.0, the average target price over the next 12 months is 30.85714. Based on these targets, LMND could surge 17.6% to reach the target high and fall by -70.6% to reach the target low. Reaching the average price target will result in a decline of -39.52% from current levels.
Analysts have provided yearly estimates in a range of -$2.85962 being high and -$3.24821 being low. For LMND, this leads to a yearly average estimate of -$3.03897. 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 -$0.64.
