Lemonade Inc LMND

What the company does

Lemonade Inc is a mid-cap company in the Financial Services sector (Insurance - Property & Casualty), with a market value of $3.6B, based in the USA.

It employs about 1,282 people and has been listed since Jul 02, 2020.

Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products.

Cheap or expensive? priced in line with its group

The company is loss-making, so it has no P/E — we compare on price-to-sales instead.

Its price-to-sales (P/S) is 3.7 versus 3.3 for the median of the Financial Services sector in our universe (19 companies) — priced in line with its group.

Revenue is growing 79% versus the same quarter last year.

The average analyst price target is 58.44, 26% above the current price (their view, not ours).

The stock sits at 6% of its one-year range (0% = the low, 100% = the high).

The risks

• • The company is loss-making, and its cash covers about 165 quarters at the current burn rate.
• • More cash leaves than comes in (negative free cash flow).
• • The stock is more volatile than average (beta 1.9) — big daily moves both ways.
• • 16% of the float is sold short — part of the market is betting on a decline.
• • The stock is 53% below its one-year high.

Strengths

• ✅ More cash than debt.
• ✅ Revenue is growing 79% a year.

What changed this week

Over the past week the stock fell 0.1% (for comparison: S&P 500 +1.2%, sector ETF XLF +2.3%).

No notable news about the company was found in the past week.

What changed since last week

This is the first summary for this stock; from next week this section shows what changed.