In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Life360 Inc (NASDAQ: LIF) closed at $51.20 in the last session, down -0.97% from day before closing price of $51.70. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.58 million shares were traded. LIF stock price reached its highest trading level at $52.41 during the session, while it also had its lowest trading level at $50.46.
Ratios:
We take a closer look at LIF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 133.21. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on August 09, 2024, initiated with a Buy rating and assigned the stock a target price of $43.
On July 02, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $37.
On June 20, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $38.JMP Securities initiated its Mkt Outperform rating on June 20, 2024, with a $38 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when Synge James sold 25,000 shares for $44.28 per share. The transaction valued at 1,106,957 led to the insider holds 266,944 shares of the business.
Goines Mark sold 50,000 shares of LIF for $2,035,000 on Nov 22 ’24. The Director now owns 76,272 shares after completing the transaction at $40.70 per share. On Nov 25 ’24, another insider, Goines Mark, who serves as the Director of the company, sold 10,000 shares for $43.89 each. As a result, the insider received 438,900 and left with 66,272 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LIF now has a Market Capitalization of 3822929920 and an Enterprise Value of 3660972800. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.15 while its Price-to-Book (P/B) ratio in mrq is 11.25. Its current Enterprise Value per Revenue stands at 10.676 whereas that against EBITDA is -786.46.
Stock Price History:
Over the past 52 weeks, LIF has reached a high of $52.76, while it has fallen to a 52-week low of $26.00. The 50-Day Moving Average of the stock is 16.03%, while the 200-Day Moving Average is calculated to be 35.28%.
Shares Statistics:
According to the various share statistics, LIF traded on average about 354.07K shares per day over the past 3-months and 656800 shares per day over the past 10 days. A total of 74.66M shares are outstanding, with a floating share count of 65.31M. Insiders hold about 12.53% of the company’s shares, while institutions hold 12.33% stake in the company. Shares short for LIF as of 1731628800 were 550505 with a Short Ratio of 2.11, compared to 1728950400 on 451952.
