The Question Is Whether To Buy Or Not To Buy Lemonade Inc (NYSE: LMND)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Lemonade Announces Fourth Quarter and Full Year 2023 Financial Results.

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Stocks Info

Lemonade Inc is listed on the NYSE as a member of the Financial sector and is a part of the Insurance – Property & Casualty industry. At the end of the last regular session, the stock closed at $16.74 and fluctuated between $17.17 as its day high and $16.19 as its day low. The current market capitalization of Lemonade Inc is $1.18B. A total of 1.62 million shares were traded on the day, compared to an average of 2.04M shares.

In the most recent transaction, BIXBY TIMOTHY E bought 10,000 shares of LMND for 16.54 per share on Mar 06 ’24. After the transaction, the Chief Financial Officer now owns 10,000 company shares. In a previous transaction on Mar 05 ’24, BIXBY TIMOTHY E sold 2,161 shares at 16.52 per share. LMND shares that Chief Financial Officer owns now total 275,679.

Among the insiders who sold shares, Peters John Sheldon disposed of 1,106 shares on Mar 05 ’24 at a per-share price of $16.52. This resulted in the Chief Insurance Officer holding 74,967 shares of LMND after the transaction. In another insider transaction, BIXBY TIMOTHY E sold 1,746 shares at $17.70 per share on Dec 05 ’23. Company shares held by the Chief Financial Officer now total 277,840.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LMND has a high of $24.81 and a low of $10.27.

As of this writing, LMND has an earnings estimate of -$0.8 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of -$0.72 per share and a lower estimate of -$0.9. The company reported an EPS of -$0.88 in the last quarter, which was 6.40% higher than expectations of -$0.94.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LMND’s latest balance sheet shows that the firm has $1.07B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $10.10, while its Total Shareholder’s Equity was $988.20M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LMND is Buy with a score of 2.82.

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