Life360 Inc (NASDAQ:LIF) traded at $40.71 at close of the session on Tuesday, March 11 and made a downward move of -3.60% on its previous day’s price.
Life360 Inc has a market cap of $3.07 billion and is expected to release its quarterly earnings report in April.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 100.85M, with a low of 97.7M and a high of 104.36M. The median projection represents growth squeezing down to 28.91% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 466.64M, or 25.62% up from figures reported last year.
Based on estimates by 4 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Life360 Inc (LIF) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -7.28% off its SMA20 and -7.28% from its 50-day simple moving average. The RSI (14) is pointing at 42.30 while the volatility over the past week is 5.46% and jumps to 5.02% over the past one month. The average price target for the stock over the next 12 months is $58, with the estimates having a low of $58 and a high of $58. These price ends are -42.47% and -42.47% off the current price level respectively, although investors could be excited at the prospect of a -42.47% if the LIF share price touches on the median price of $58.
