Lincoln National Corp [LNC] stock is trading at $32.12, up 1.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LNC shares have gain 5.14% over the last week, with a monthly amount drifted -10.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lincoln National Corp [NYSE: LNC] stock has seen the most recent analyst activity on October 09, 2024, when TD Cowen initiated its Hold rating and assigned the stock a price target of $34. Previously, Barclays started tracking the stock with Equal Weight rating on September 05, 2024, and set its price target to $35. On May 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $34 on the stock. Jefferies upgraded its rating to a Hold but stick to its price target of $2622 on February 12, 2024. JP Morgan downgraded its rating to a Underweight but $26 remained the price target by the analyst firm on January 03, 2024. In a note dated January 09, 2023, Barclays downgraded an Underweight rating on this stock and revised its target price from $35 to $29.
Lincoln National Corp [LNC] stock has fluctuated between $25.09 and $36.98 over the past year. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. Lincoln National Corp [NYSE: LNC] shares were valued at $32.12 at the most recent close of the market. An investor can expect a potential drop of -6.6% based on the average LNC price forecast.
Analyzing the LNC fundamentals
Lincoln National Corp [NYSE:LNC] reported sales of 14.59B for the trailing twelve months, which represents a drop of -35.75%. Gross Profit Margin for this corporation currently stands at 1.06% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.06 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.69.
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 31.70 points at the first support level, and at 31.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.39, and for the 2nd resistance point, it is at 32.65.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.68 and price to earnings (TTM) ratio is 22.79.
Transactions by insiders
Recent insider trading involved Kennedy John Christopher, EVP, President LFD, that happened on Nov 07 ’24 when 2863.0 shares were sold. EVP, Ch Ppl Culture Comms Off, Woodroffe Sean completed a deal on Nov 07 ’24 to sell 16164.0 shares. Meanwhile, Officer John Kennedy bought 2863.0 shares on Nov 07 ’24.
