Throughout the last three months, 6 analysts have evaluated Life360 LIF, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 1 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 3 | 1 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Life360, presenting an average target of $41.83, a high estimate of $50.00, and a low estimate of $35.00. This current average has increased by 14.29% from the previous average price target of $36.60.
Breaking Down Analyst Ratings: A Detailed Examination
An in-depth analysis of recent analyst actions unveils how financial experts perceive Life360. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Mark Kelley | Stifel | Raises | Buy | $50.00 | $40.00 |
Rob Sanderson | Loop Capital | Raises | Buy | $43.00 | $36.00 |
Andrew Boone | JMP Securities | Raises | Market Outperform | $40.00 | $38.00 |
Chris Kuntarich | UBS | Raises | Neutral | $35.00 | $32.00 |
Mark Kelley | Stifel | Raises | Buy | $40.00 | $37.00 |
Wei Sim | Jefferies | Announces | Buy | $43.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Life360. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Life360 compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Life360's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Life360's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Life360 analyst ratings.
Get to Know Life360 Better
Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the US, the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.
Breaking Down Life360's Financial Performance
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Life360 displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 19.88%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Life360's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -12.92% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Life360's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -3.87%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Life360's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -3.03%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Life360's debt-to-equity ratio is below the industry average. With a ratio of 0.0, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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