Lemonade, Inc.'s (NYSE:LMND) P/S Is On The Mark
Lemonade, Inc.'s (NYSE:LMND) P/S Is On The Mark
When you see that almost half of the companies in the Insurance industry in the United States have price-to-sales ratios (or "P/S") below 1x, Lemonade, Inc. (NYSE:LMND) looks to be giving off some sell signals with its 2.8x P/S ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
當你看到美國保險業中將近一半的公司的市銷率(或 “市銷率”)低於1倍時,Lemonade, Inc.(紐約證券交易所代碼:LMND)的市銷率似乎在發出一些賣出信號。但是,我們需要更深入地挖掘,以確定市銷率上升是否有合理的基礎。
![](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240205/0-6e7c3cc9455fd62e4957bf56bdc21009-0-b9fc19009b69b92acccb1c7a3b0a4809.png/big)
NYSE:LMND Price to Sales Ratio vs Industry February 5th 2024
紐約證券交易所:LMND 與行業的股價銷售比率 2024 年 2 月 5 日
How Lemonade Has Been Performing
Lemonade 的表現如何
With revenue growth that's superior to most other companies of late, Lemonade has been doing relatively well. It seems that many are expecting the strong revenue performance to persist, which has raised the P/S. If not, then existing shareholders might be a little nervous about the viability of the share price.
由於最近的收入增長優於大多數其他公司,Lemonade的表現相對較好。看來許多人預計強勁的收入表現將持續下去,這提高了市銷率。否則,現有股東可能會對股價的可行性有些擔憂。
If you'd like to see what analysts are forecasting going forward, you should check out our free report on Lemonade.
如果你想了解分析師對未來的預測,你應該查看我們關於Lemonade的免費報告。
Is There Enough Revenue Growth Forecasted For Lemonade?
預計檸檬水的收入增長是否足夠?
There's an inherent assumption that a company should outperform the industry for P/S ratios like Lemonade's to be considered reasonable.
人們固有的假設是,如果像Lemonade這樣的市銷率被認爲是合理的,公司的表現應該優於該行業。
Retrospectively, the last year delivered an exceptional 93% gain to the company's top line. This great performance means it was also able to deliver immense revenue growth over the last three years. Accordingly, shareholders would have been over the moon with those medium-term rates of revenue growth.
回顧過去,去年的公司收入實現了93%的驚人增長。這種出色的表現意味着它在過去三年中還能夠實現巨大的收入增長。因此,有了這些中期收入增長率,股東們就會大吃一驚。
Turning to the outlook, the next three years should generate growth of 22% per annum as estimated by the eight analysts watching the company. That's shaping up to be materially higher than the 6.8% per year growth forecast for the broader industry.
談到前景,根據關注該公司的八位分析師的估計,未來三年將實現每年22%的增長。這將大大高於整個行業每年6.8%的增長預期。
With this in mind, it's not hard to understand why Lemonade's P/S is high relative to its industry peers. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future.
考慮到這一點,不難理解爲何Lemonade的市銷率高於同行。顯然,股東們並不熱衷於轉移可能着眼於更繁榮未來的東西。
The Bottom Line On Lemonade's P/S
Lemonade 市銷率的底線
While the price-to-sales ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of revenue expectations.
雖然市銷比不應該是決定你是否買入股票的決定性因素,但它是衡量收入預期的有力晴雨表。
Our look into Lemonade shows that its P/S ratio remains high on the merit of its strong future revenues. At this stage investors feel the potential for a deterioration in revenues is quite remote, justifying the elevated P/S ratio. Unless the analysts have really missed the mark, these strong revenue forecasts should keep the share price buoyant.
我們對Lemonade的調查表明,由於其未來收入強勁,其市銷率仍然很高。在現階段,投資者認爲收入惡化的可能性微乎其微,這證明市銷售率上升是合理的。除非分析師真的沒有達到目標,否則這些強勁的收入預測應該會保持股價的上漲。
We don't want to rain on the parade too much, but we did also find 1 warning sign for Lemonade that you need to be mindful of.
我們不想在遊行隊伍中下太多雨,但我們也找到了一個你需要注意的 Lemonade 警告標誌。
If you're unsure about the strength of Lemonade's business, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.
如果你不確定Lemonade的業務實力,爲什麼不瀏覽我們的互動式股票清單,其中列出了一些你可能錯過的其他公司,這些股票具有穩健的商業基本面。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。