Lemonade Inc [NYSE: LMND] surged by $5.83 during the normal trading session on while it closed the day at $40.14.
Lemonade Inc stock has also gained 24.39% of its value over the past 7 days. However, LMND stock has inclined by 132.02% in the 3 months of the year. Over the past six months meanwhile, it has gained 135.70% and gained 148.85% year-on date.
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The market cap for LMND stock reached $2.87 billion, with 70.16 million shares outstanding and 51.64 million shares in the current float. Compared to the average trading volume of 1.58M shares, LMND reached a trading volume of 6059515 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Lemonade Inc [LMND]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LMND shares is $21.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LMND stock is a recommendation set at 3.73. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Lemonade Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on November 07, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Market Perform. The new note on the price target was released on January 10, 2024, representing the official price target for Lemonade Inc stock.
The Average True Range (ATR) for Lemonade Inc is set at 2.44, with the Price to Sales ratio for LMND stock in the period of the last 12 months amounting to 6.93. The Price to Book ratio for the last quarter was 4.83.
LMND stock trade performance evaluation
Lemonade Inc [LMND] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.39. With this latest performance, LMND shares gained by 115.92% in over the last four-week period, additionally plugging by 135.70% over the last 6 months – not to mention a rise of 142.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LMND stock in for the last two-week period is set at 82.54, with the RSI for the last a single of trading hit 84.78, and the three-weeks RSI is set at 80.47 for Lemonade Inc [LMND]. The present Moving Average for the last 50 days of trading for this stock 21.13, while it was recorded at 34.29 for the last single week of trading, and 18.30 for the last 200 days.
Lemonade Inc [LMND]: An insightful look at the core fundamentals
Lemonade Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 3.52.
Earnings per share (EPS) analysis for Lemonade Inc [LMND] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LMND. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lemonade Inc go to 19.50%.
Lemonade Inc [LMND]: Institutional Ownership
There are presently around $41.40%, or 57.13%% of LMND stock, in the hands of institutional investors. The top three institutional holders of LMND stocks are: SOFTBANK GROUP CORP. with ownership of 11.98 million shares, which is approximately 17.0498%. VANGUARD GROUP INC, holding 5.32 million shares of the stock with an approximate value of $$87.72 million in LMND stocks shares; and VANGUARD GROUP INC, currently with $$67.01 million in LMND stock with ownership which is approximately 5.7785%.
