With 1.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.63 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $33.9882 whereas the lowest price it dropped to was $32.61. The 52-week range on LMND shows that it touched its highest point at $53.85 and its lowest point at $14.03 during that stretch. It currently has a 1-year price target of $29.88. Beta for the stock currently stands at 2.17.
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 1.61%, but this was down by -24.96% over a month. Three-month performance surged to 71.08% while six-month performance rose 44.56%. The stock gained 99.45% in the past year, while it has lost -10.50% so far this year. A look at the trailing 12-month EPS for LMND yields -3.04 with Next year EPS estimates of -2.62. For the next quarter, that number is -0.60. This implies an EPS growth rate of 10.64% for this year and 13.73% for next year.
Float and Shares Shorts:
At present, 71.38 million LMND shares are outstanding with a float of 52.93 million shares on hand for trading. On 2024-12-31, short shares totaled 14.06 million, which was 1969.0001 higher than short shares on 1732838400. 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 0.41489 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 31.85714. Based on these targets, LMND could surge 82.76% to reach the target high and fall by -54.31% to reach the target low. Reaching the average price target will result in a decline of -2.96% from current levels.
Analysts have provided yearly estimates in a range of -$2.86821 being high and -$3.25796 being low. For LMND, this leads to a yearly average estimate of -$3.0381. Based on analyst estimates, the high estimate for the next quarter is -$0.59 and the low estimate is -$0.75. The average estimate for the next quarter is thus -$0.65.
