A share price of Lineage Inc [LINE] is currently trading at $59.97, down -0.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LINE shares have gain 8.25% over the last week, with a monthly amount glided 0.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lineage Inc [NASDAQ: LINE] stock has seen the most recent analyst activity on January 14, 2025, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $61. Previously, JP Morgan downgraded its rating to Neutral on December 20, 2024, and dropped its price target to $75. On September 18, 2024, CapitalOne initiated with a Overweight rating and assigned a price target of $91 on the stock. CapitalOne started tracking the stock assigning a Overweight rating and suggested a price target of $91 on September 16, 2024. Wells Fargo initiated its recommendation with a Equal Weight and recommended $86 as its price target on August 19, 2024. UBS started tracking with a Neutral rating for this stock on August 19, 2024, and assigned it a price target of $88. In a note dated August 19, 2024, Truist initiated an Buy rating and provided a target price of $94 on this stock.
Lineage Inc experienced fluctuations in its stock price throughout the past year between $52.75 and $89.85. Currently, Wall Street analysts expect the stock to reach $91.11 within the next 12 months. Lineage Inc [NASDAQ: LINE] shares were valued at $59.97 at the most recent close of the market. An investor can expect a potential return of 51.93% based on the average LINE price forecast.
Analyzing the LINE fundamentals
Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.15 and Total Capital is -0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.77.
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 59.48 points at the first support level, and at 58.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.50, and for the 2nd resistance point, it is at 61.04.
Transactions by insiders
Recent insider trading involved Falotico Nancy Joy, Director, that happened on Jul 26 ’24 when 1300.0 shares were purchased. Director, Wentworth Lynn A completed a deal on Jul 26 ’24 to buy 3100.0 shares. Meanwhile, Chief Financial Officer Crisci Robert bought 10000.0 shares on Jul 26 ’24.
