Landbridge Company LLC [LB] stock prices are down -11.02% to $67.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LB shares have gain 19.56% over the last week, with a monthly amount glided 37.05%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Landbridge Company LLC [NYSE: LB] stock has seen the most recent analyst activity on July 25, 2024, when Janney initiated its Buy rating and assigned the stock a price target of $36. Previously, Johnson Rice started tracking the stock with Buy rating on July 24, 2024, and set its price target to $35. On July 23, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $34 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $34 on July 23, 2024. Piper Sandler initiated its recommendation with a Neutral and recommended $30 as its price target on July 23, 2024. In a note dated July 23, 2024, Goldman initiated an Buy rating and provided a target price of $35 on this stock.
The stock price of Landbridge Company LLC [LB] has been fluctuating between $18.75 and $75.50 over the past year. Currently, Wall Street analysts expect the stock to reach $54.69 within the next 12 months. Landbridge Company LLC [NYSE: LB] shares were valued at $67.18 at the most recent close of the market. An investor can expect a potential drop of -18.59% based on the average LB price forecast.
Analyzing the LB fundamentals
Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.71%, and Net Profit Margin reading is -0.64%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.3 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.86.
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 61.70 points at the first support level, and at 56.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.54, and for the 2nd resistance point, it is at 83.89.
Ratios To Look Out For
It’s worth pointing out that Landbridge Company LLC [NYSE:LB]’s Current Ratio is 0.82. On the other hand, the Quick Ratio is 0.82, and the Cash Ratio is 0.33.
Transactions by insiders
Recent insider trading involved Chase Valerie, Director, that happened on Jul 01 ’24 when 2925.0 shares were purchased. Director, Daul Ty P. completed a deal on Jul 01 ’24 to buy 8800.0 shares. Meanwhile, Director WATSON CHARLES L. bought 0.12 million shares on Jul 01 ’24.
