At the time of writing, Lincoln National Corp. [LNC] stock is trading at $31.38, up 0.84%. An important factor to consider is whether the stock is rising or falling in short-term value. The LNC shares have gain 1.55% over the last week, with a monthly amount glided 7.69%, and 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 September 05, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $35. Previously, Jefferies upgraded its rating to Buy on May 22, 2024, and elevated its price target to $34. On February 12, 2024, upgrade upgraded it’s rating to Hold but maintained its price target of $2622 on the stock. JP Morgan downgraded its rating to a Underweight but stick to its price target of $26 on January 03, 2024. Barclays downgraded its rating to Underweight for this stock on January 09, 2023, and downed its price target to $29. In a note dated January 06, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $55 to $36.
For the past year, the stock price of Lincoln National Corp. fluctuated between $20.85 and $36.46. Currently, Wall Street analysts expect the stock to reach $53.82 within the next 12 months. Lincoln National Corp. [NYSE: LNC] shares were valued at $31.38 at the most recent close of the market. An investor can expect a potential return of 71.51% based on the average LNC price forecast.
Analyzing the LNC fundamentals
According to Lincoln National Corp. [NYSE:LNC], the company’s sales were 16.54B for trailing twelve months, which represents an -4.57% plunge. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.38 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.78.
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 31.12 points at the first support level, and at 30.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.59, and for the 2nd resistance point, it is at 31.79.
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 0.77 and price to earnings (TTM) ratio is 3.31.
Transactions by insiders
Recent insider trading involved MATHEW GROVE, Officer, that happened on Aug 14 ’24 when 10877.0 shares were purchased. Officer, Mathew Grove completed a deal on Aug 06 ’24 to buy 10174.0 shares. Meanwhile, EVP, Ch Ppl Culture Comms Off Woodroffe Sean sold 55127.0 shares on May 28 ’24.
