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As of close of business last night, Lineage Inc.’s stock clocked out at $82.13, down -0.41% from its previous closing price of $82.47. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 1.13 million shares were traded. LINE stock price reached its highest trading level at $84.37 during the session, while it also had its lowest trading level at $81.98.
Ratios:
To gain a deeper understanding of LINE’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 20646086656 and an Enterprise Value of 30938077184. Its current Enterprise Value per Revenue stands at 5.809 whereas that against EBITDA is 24.904.
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 -2.77%, while the 200-Day Moving Average is calculated to be -2.77%.
Shares Statistics:
It appears that LINE traded 2.01M shares on average per day over the past three months and 774540 shares per day 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 1.17, 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 0.006669092
Earnings Estimates
The current rating of Lineage Inc. (LINE) reflects the combined expertise of 2 analysts actively engaged in assessing its market performance.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 $1.96 and $0.14.
Revenue Estimates
For 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.
Based 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.
