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The price of Lineage Inc. (NASDAQ: LINE) closed at $81.76 in the last session, down -0.13% from day before closing price of $81.87. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 0.7 million shares were traded. LINE stock price reached its highest trading level at $82.62 during the session, while it also had its lowest trading level at $80.05.
Ratios:
We take a closer look at LINE’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.34 whereas as Long-Term Debt/Eq ratio is at 2.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on August 19, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $86.
On August 19, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $88.
On August 19, 2024, Truist started tracking the stock assigning a Buy rating and target price of $94.Truist initiated its Buy rating on August 19, 2024, with a $94 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 26 ’24 when Falotico Nancy Joy bought 1,300 shares for $78.00 per share. The transaction valued at 101,400 led to the insider holds 2,452 shares of the business.
Wentworth Lynn A bought 3,100 shares of LINE for $241,800 on Jul 26 ’24. The Director now owns 4,910 shares after completing the transaction at $78.00 per share. On Jul 26 ’24, another insider, Crisci Robert, who serves as the Chief Financial Officer of the company, bought 10,000 shares for $78.00 each. As a result, the insider paid 780,000 and bolstered with 10,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LINE now has a Market Capitalization of 20580708352 and an Enterprise Value of 30853832704. Its current Enterprise Value per Revenue stands at 5.793 whereas that against EBITDA is 24.836.
Stock Price History:
Over the past 52 weeks, LINE has reached a high of $89.85, while it has fallen to a 52-week low of $80.15. The 50-Day Moving Average of the stock is -3.62%, while the 200-Day Moving Average is calculated to be -3.62%.
Shares Statistics:
According to the various share statistics, LINE traded on average about 2.23M shares per day over the past 3-months and 530540 shares per day over the past 10 days. A total of 219.89M shares are outstanding, with a floating share count of 67.76M. Insiders hold about 69.18% of the company’s shares, while institutions hold 0.05% stake in the company. Therefore, it implies a Short% of Shares Outstanding of 1054656 and a Short% of Float of 3.8599998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0067179673
Earnings Estimates
Lineage Inc. (LINE) is presently subject to a detailed evaluation by 2.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.32, with high estimates of $0.48 and low estimates of $0.16.
Analysts are recommending an EPS of between $1.12 and -$2.44 for the fiscal current year, implying an average EPS of -$1.41. EPS for the following year is $0.88, with 3.0 analysts recommending between $1.98 and $0.14.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $1.33B. It ranges from a high estimate of $1.34B to a low estimate of $1.31B. As of the current estimate, Lineage Inc.’s year-ago sales were $nanFor the next quarter, 7 analysts are estimating revenue of $1.36B. There is a high estimate of $1.38B for the next quarter, whereas the lowest estimate is $1.34B.
A total of 7 analysts have provided revenue estimates for LINE’s current fiscal year. The highest revenue estimate was $5.37B, while the lowest revenue estimate was $5.32B, resulting in an average revenue estimate of $5.35B. In the same quarter a year ago, actual revenue was $nanBased on 7 analysts’ estimates, the company’s revenue will be $5.62B in the next fiscal year. The high estimate is $5.81B and the low estimate is $5.51B.
