Balance Sheet Insights: Lineage Inc. (LINE)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Lineage Inc. (NASDAQ: LINE) closed at $79.78 down -1.08% from its previous closing price of $80.65. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 1.75 million shares were traded. LINE stock price reached its highest trading level at $81.25 during the session, while it also had its lowest trading level at $79.5.

Ratios:

For a deeper understanding of Lineage Inc.’s stock, let’s take a closer look at its various ratios. 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, CapitalOne on September 18, 2024, initiated with a Overweight rating and assigned the stock a target price of $91.

On September 16, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $91.

On August 19, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $86.Wells Fargo initiated its Equal Weight rating on August 19, 2024, with a $86 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 20055336960 and an Enterprise Value of 30403008512. Its current Enterprise Value per Revenue stands at 5.709 whereas that against EBITDA is 24.473.

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 $80.03. The 50-Day Moving Average of the stock is -5.30%, while the 200-Day Moving Average is calculated to be -5.30%.

Shares Statistics:

For the past three months, LINE has traded an average of 2.04M shares per day and 1391730 over the past ten 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. Shares short for LINE as of 1724976000 were 2347619 with a Short Ratio of 1.15, compared to 1722384000 on 1054656. Therefore, it implies a Short% of Shares Outstanding of 2347619 and a Short% of Float of 3.5700000000000003.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.006819591

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