Lemonade has received a consensus rating of Hold. The company’s average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.
Is Lemonade overvalued?
While the company has executed well on its growth strategy and multiple drivers are supporting continued growth in 2021, the stock is heavily overvalued. The company trades at nearly an 80x forward revenue multiple.
What kind of stock Is LMND?
Lemonade, Inc. is a holding company, which engages in the provision of insurance services. The firm’s products include renters and homeowners insurance, and pet insurance.
Who owns Lemonade stock?
Top 10 Owners of Lemonade IncStockholderStakeShares ownedThe Vanguard Group, Inc.7.52%5,181,488Baillie Gifford & Co.7.37%5,083,657GLG Partners LP6.72%4,634,314Magnetar Financial LLC4.80%3,306,9446 more rows
Will lemonade stock ever recover?
LMND stock does not look like a buy for the near term. But if you have a high-risk appetite and a long-term vision, this stock could be a winner. However, do not expect returns in the near term. It will take a lot of time for LMND stock to recover and start the upward journey.
Is lemonade undervalued?
The current year Enterprise Value is expected to grow to about 3 B, whereas Free Cash Flow is forecasted to decline to (158.1 M). Lemonade secures a last-minute Real Value of $32.46 per share. The latest price of the firm is $24.02. At this time, the firm appears to be undervalued.