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Locafy (LCFY) stock forecast for 2024
Updated: March 22, 2024 (11:10)
Sector: Communication servicesThe share price of Locafy Limited (LCFY) now
50/200 Day Moving Average: $6.78 / $7.05
This figure corresponds to the Average Price over the previous 50/200 days. For Locafy stocks, the 50-day moving average is the resistance level today.
For Locafy stocks, the 200-day moving average is the resistance level today.
Are you interested in Locafy Limited stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Locafy stock price in 2024. How much will one Locafy share be worth in 2024? Is it worth taking profit / loss on LCFY stock now or waiting? What are analysts' forecasts for Locafy stock?
We forecast Locafy stock performance using neural networks based on historical data on LCFY stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Locafy Limited stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Locafy analysts is $None. Today 200 Day Moving Average is the resistance level (7.05 $). 50 Day Moving Average is the resistance level (6.78 $).
Historical and forecast chart of Locafy Limited stock
The chart below shows the historical price of Locafy stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the LCFY stock price can be found in the table below.
IT services and software, Australia
Locafy Limited provides software solutions. The Company develops software-as-a-service solutions to programmatically deploy effective search marketing at infinite scale. Locafy offers its solutions to brands and channel partners.
Locafy (LCFY) Forecast for 2024
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Apr | 4.90 | 4.20 | 5.58 | 24.74 % |
May | 4.54 | 4.15 | 5.07 | 18.10 % |
Jun | 4.18 | 3.69 | 4.71 | 21.67 % |
Jul | 3.97 | 3.34 | 4.51 | 25.88 % |
Aug | 3.33 | 2.80 | 3.83 | 27.08 % |
Sep | 3.11 | 2.70 | 3.33 | 18.84 % |
Oct | 3.51 | 3.32 | 3.81 | 12.92 % |
Nov | 3.21 | 2.79 | 3.46 | 19.29 % |
Dec | 3.25 | 3.00 | 3.77 | 20.38 % |
Locafy information and performance
246A CHURCHILL AVENUE, SUBIACO WA, AU
Market capitalization of the Locafy Limited is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of LCFY shares in the company outstanding by the market price of one share.
EBITDA of Locafy is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Locafy price target for 2024 by month
Target values for the price of one Locafy share for Apr 2024.
In Apr, the Positive dynamics for Locafy Limited shares will prevail with possible monthly volatility of 24.737% volatility is expected.
Pessimistic target level: 4.20
Optimistic target level: 5.58
Target values for the price of one Locafy share for May 2024.
In May, the Negative dynamics for Locafy Limited shares will prevail with possible monthly volatility of 18.100% volatility is expected.
Pessimistic target level: 4.15
Optimistic target level: 5.07
Target values for the price of one Locafy share for Jun 2024.
In Jun, the Negative dynamics for Locafy Limited shares will prevail with possible monthly volatility of 21.670% volatility is expected.
Pessimistic target level: 3.69
Optimistic target level: 4.71
Target values for the price of one Locafy share for Jul 2024.
In Jul, the Negative dynamics for Locafy Limited shares will prevail with possible monthly volatility of 25.880% volatility is expected.
Pessimistic target level: 3.34
Optimistic target level: 4.51
Target values for the price of one Locafy share for Aug 2024.
In Aug, the Negative dynamics for Locafy Limited shares will prevail with possible monthly volatility of 27.083% volatility is expected.
Pessimistic target level: 2.80
Optimistic target level: 3.83
Target values for the price of one Locafy share for Sep 2024.
In Sep, the Negative dynamics for Locafy Limited shares will prevail with possible monthly volatility of 18.843% volatility is expected.
Pessimistic target level: 2.70
Optimistic target level: 3.33
Target values for the price of one Locafy share for Oct 2024.
In Oct, the Positive dynamics for Locafy Limited shares will prevail with possible monthly volatility of 12.915% volatility is expected.
Pessimistic target level: 3.32
Optimistic target level: 3.81
Target values for the price of one Locafy share for Nov 2024.
In Nov, the Negative dynamics for Locafy Limited shares will prevail with possible monthly volatility of 19.295% volatility is expected.
Pessimistic target level: 2.79
Optimistic target level: 3.46
Target values for the price of one Locafy share for Dec 2024.
In Dec, the Positive dynamics for Locafy Limited shares will prevail with possible monthly volatility of 20.380% volatility is expected.
Pessimistic target level: 3.00
Optimistic target level: 3.77
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.