Latch Stock

Latch Market capitalization 2024

Latch Market capitalization

38.91 M USD

Ticker

LTCH

ISIN

US51818V1061

In 2024, Latch's market cap stood at 38.91 M USD, a -46.43% increase from the 72.64 M USD market cap in the previous year.

The Latch Market capitalization history

YEARMarket Capitalization (undefined USD)
2021973.08
2020379.5

Latch Aktienanalyse

What does Latch do?

Latch Inc. is a company that was founded in 2014 by Luke Schoenfelder and Thomas Meyerhoffer. The goal of the company was to develop an innovative technology for access to buildings and apartments. Latch aims to create an intelligent, keyless access system that allows users to enter their homes and buildings safely and conveniently. The business model of Latch is based on the rental and sale of access devices and platform licenses. The devices are customized for each customer and seamlessly integrate into the existing infrastructure. The license fees allow users to modify, expand, and track their system. Latch operates in three different areas: access, control, and connectivity. The "access" category includes door handles, locks, key cards, and remote controls, all aimed at facilitating entry into buildings and apartments. The "control" of Latch Inc. products is done through the devices chosen by users (such as smartphones) and allows monitoring of both entry doors and rooms from anywhere. The "connectivity" category offers a powerful cloud platform that allows users to access and manage their data from any device. An important feature of Latch products is the ability to open and close doors controlled by Latch products from anywhere, without being directly nearby. This is particularly useful for Airbnb operators as it allows them to easily grant guests access to their properties. Latch has created an inclusive solution targeting housing and building developers as well as companies looking for an innovative, keyless solution for their users. The company currently has offices in New York, San Francisco, and London and has already partnered with some of the country's leading real estate developers. Overall, Latch is a forward-thinking company that is dedicated to making the entry into buildings and apartments safer, easier, and more convenient. With a strong focus on user-friendliness and high service quality, Latch has the potential to play an important role in the future of the real estate industry and in the IoT and smart homes sector. Latch ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Latch's Market Capitalization

Latch's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Latch's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Latch's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Latch’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Latch stock

What is the current Latch market capitalization?

The current market capitalization of Latch is 38.91 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Latch.

How has the market capitalization of Latch developed in recent years?

The market capitalization of Latch has increased/decreased by -46.43% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Latch?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Latch?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Latch have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Latch pay?

Over the past 12 months, Latch paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Latch is expected to pay a dividend of 0 USD.

What is the dividend yield of Latch?

The current dividend yield of Latch is .

When does Latch pay dividends?

Latch pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Latch?

Latch paid dividends every year for the past 0 years.

What is the dividend of Latch?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Latch located?

Latch is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Latch kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Latch from 8/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/23/2024.

When did Latch pay the last dividend?

The last dividend was paid out on 8/23/2024.

What was the dividend of Latch in the year 2023?

In the year 2023, Latch distributed 0 USD as dividends.

In which currency does Latch pay out the dividend?

The dividends of Latch are distributed in USD.

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Andere Kennzahlen von Latch

Our stock analysis for Latch Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Latch Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.