Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) has been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $32.2857.

Several equities research analysts recently commented on LIFE shares. Wall Street Zen raised Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a report on Saturday. William Blair set a $33.00 price objective on Ethos Technologies Inc. Class A Common Stock in a research note on Tuesday. Citizens Jmp upped their target price on Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the company a “market outperform” rating in a report on Tuesday, August 4th. Barclays raised their target price on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings lowered Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, May 26th.

Insider Transactions at Ethos Technologies Inc. Class A Common Stock

In other Ethos Technologies Inc. Class A Common Stock news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Brandt Walter Kucharski sold 5,823 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $22.06, for a total transaction of $128,455.38. Following the completion of the transaction, the chief accounting officer owned 183,430 shares in the company, valued at $4,046,465.80. The trade was a 3.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 781,048 shares of company stock valued at $16,165,634 in the last three months. 3.70% of the stock is currently owned by corporate insiders.

Ethos Technologies Inc. Class A Common Stock Stock Performance

Shares of NASDAQ LIFE opened at $31.61 on Tuesday. The stock has a market cap of $1.99 billion and a PE ratio of -10.03. Ethos Technologies Inc. Class A Common Stock has a 12-month low of $9.45 and a 12-month high of $32.50. The company’s 50-day simple moving average is $19.15.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last released its earnings results on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.34. The business had revenue of $189.56 million during the quarter. The business’s revenue for the quarter was up 113.5% compared to the same quarter last year. On average, research analysts anticipate that Ethos Technologies Inc. Class A Common Stock will post -2.13 earnings per share for the current fiscal year.

Ethos Technologies Inc. Class A Common Stock Company Profile

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.