Lemonade Inc (NYSE: LMND) is -8.02% lower on its value in year-to-date trading and has touched a low of $14.03 and a high of $53.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LMND stock was last observed hovering at around $33.29 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $33.74, the stock is 0.21% and -14.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing 1.35% at the moment leaves the stock 42.40% off its SMA200. LMND registered 92.80% gain for a year compared to 6-month gain of 49.09%. The firm has a 50-day simple moving average (SMA 50) of $39.5372 and a 200-day simple moving average (SMA200) of $23.60985.
The stock witnessed a -14.37% loss in the last 1 month and extending the period to 3 months gives it a 81.01%, and is 1.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.42% over the week and 6.47% over the month.
Lemonade Inc (LMND) has around 1258 employees, a market worth around $2.41B and $413.30M in sales. Profit margin for the company is -51.92%. Distance from 52-week low is 140.48% and -37.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.93%).
with sales reaching $144.78M over the same period.The EPS is expected to grow by 10.84% this year, but quarterly earnings will post 21.65% year-over-year. Quarterly sales are estimated to grow 25.35% in year-over-year returns.
315.0 institutions hold shares in Lemonade Inc (LMND), with institutional investors hold 57.18% of the company’s shares. The shares outstanding are 71.38M, and float is at 52.93M with Short Float at 31.84%. Institutions hold 41.45% of the Float.
The top institutional shareholder in the company is SOFTBANK GROUP CORP. with over 11.98 million shares valued at $197.73 million. The investor’s holdings represent 17.0498 of the LMND Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.32 million shares valued at $87.72 million to account for 7.564 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 4.06 million shares representing 5.7785 and valued at over $67.01 million, while BLACKROCK INC. holds 5.6924 of the shares totaling 4.0 million with a market value of $66.01 million.
Lemonade Inc (LMND) Insider Activity
The most recent transaction is an insider sale by Peters John Sheldon, the company’s Chief Insurance Officer. SEC filings show that Peters John Sheldon sold 28,985 shares of the company’s common stock on Dec 30 ’24 at a price of $38.67 per share for a total of $1.12 million. Following the sale, the insider now owns 69508.0 shares.
Still, SEC filings show that on Dec 03 ’24, Peters John Sheldon (Chief Insurance Officer) disposed off 1,790 shares at an average price of $45.50 for $81445.0. The insider now directly holds 88,493 shares of Lemonade Inc (LMND).
