While Lemonade Inc has overperformed by 7.27%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LMND rose by 107.29%, with highs and lows ranging from $53.85 to $14.03, whereas the simple moving average jumped by 32.66% in the last 200 days.
On November 20, 2024, Morgan Stanley Upgraded Lemonade Inc (NYSE: LMND) to Equal-Weight. A report published by Keefe Bruyette on November 07, 2024, Downgraded its rating to ‘Underperform’ for LMND. TD Cowen also rated LMND shares as ‘Market Perform’, setting a target price of $17 on the company’s shares in an initiating report dated January 10, 2024. Morgan Stanley initiated its ‘Underweight’ rating for LMND, as published in its report on June 20, 2023. BMO Capital Markets’s report from January 20, 2023 suggests a price prediction of $10 for LMND shares, giving the stock a ‘Underperform’ rating. Keefe Bruyette also rated the stock as ‘Mkt Perform’.
Analysis of Lemonade Inc (LMND)
Further, the quarter-over-quarter increase in sales is 22.76%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Lemonade Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -31.05% is sufficient for you to turn a profit off your investment.
An average volume of 2.35M can be a very valuable indicator of volatility for LMND stock. On a monthly basis, the volatility of the stock is set at 11.17%, whereas on a weekly basis, it is put at 8.86%, with a loss of -3.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $28.12, showing decline from the present price of $34.97, which can serve as yet another indication of whether LMND is worth investing in or should be passed over.
How Do You Analyze Lemonade Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 25.35%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 46.58% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LMND shares are owned by institutional investors to the tune of 46.58% at present.
