Lincoln National Corp. [LNC] stock is trading at $31.48, up 2.24%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LNC shares have gain 0.32% over the last week, with a monthly amount drifted -2.93%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lincoln National Corp. [NYSE: LNC] stock has seen the most recent analyst activity on May 22, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $34 from $26. Previously, Jefferies upgraded its rating to Hold on February 12, 2024, and kept the price target unchanged to $2622. On January 03, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $26 on the stock. Barclays downgraded its rating to a Underweight and reduced its price target to $29 on January 09, 2023. JP Morgan downgraded its rating to Neutral for this stock on January 06, 2023, and downed its price target to $36. In a note dated November 16, 2022, Goldman upgraded an Buy rating on this stock and revised its target price from $50 to $46.
Lincoln National Corp. [LNC] stock has fluctuated between $20.85 and $33.33 over the past year. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Lincoln National Corp. [NYSE: LNC] shares were valued at $31.48 at the most recent close of the market. An investor can expect a potential return of 71.54% based on the average LNC price forecast.
Analyzing the LNC fundamentals
Lincoln National Corp. [NYSE:LNC] reported sales of 16.77B for the trailing twelve months, which represents a growth of 83.02%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 3.82, Equity is 0.34 and Total Capital is 5.69. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.77 points at the first support level, and at 30.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.87, and for the 2nd resistance point, it is at 32.25.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 0.82 and price to earnings (TTM) ratio is 4.30.
Transactions by insiders
Recent insider trading involved Woodroffe Sean, EVP, Ch Ppl Culture Comms Off, that happened on May 28 ’24 when 55127.0 shares were sold. Director, Ryan Owen completed a deal on Feb 09 ’24 to buy 10000.0 shares.
