The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Landbridge Company LLC (NYSE: LB) closed at $70.28 in the last session, down -4.64% from day before closing price of $73.70. In other words, the price has decreased by -$4.64 from its previous closing price. On the day, 0.53 million shares were traded. LB stock price reached its highest trading level at $74.16 during the session, while it also had its lowest trading level at $66.55.
Ratios:
We take a closer look at LB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.49.
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, Goldman on January 03, 2025, initiated with a Buy rating and assigned the stock a target price of $71.
On July 25, 2024, Janney started tracking the stock assigning a Buy rating and target price of $36.
On July 24, 2024, Johnson Rice started tracking the stock assigning a Buy rating and target price of $35.Johnson Rice initiated its Buy rating on July 24, 2024, with a $35 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 01 ’24 when Chase Valerie bought 2,925 shares for $17.00 per share. The transaction valued at 49,725 led to the insider holds 2,925 shares of the business.
Daul Ty P. bought 8,800 shares of LB for $149,600 on Jul 01 ’24. The Director now owns 8,800 shares after completing the transaction at $17.00 per share. On Jul 01 ’24, another insider, WATSON CHARLES L., who serves as the Director of the company, bought 117,600 shares for $17.00 each. As a result, the insider paid 1,999,200 and bolstered with 117,600 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, LB now has a Market Capitalization of 5636814848 and an Enterprise Value of 1794996992. Its current Enterprise Value per Revenue stands at 19.744 whereas that against EBITDA is -87.796.
Stock Price History:
Over the past 52 weeks, LB has reached a high of $80.82, while it has fallen to a 52-week low of $18.75. The 50-Day Moving Average of the stock is 6.64%, while the 200-Day Moving Average is calculated to be 46.64%.
Shares Statistics:
According to the various share statistics, LB traded on average about 486.05K shares per day over the past 3-months and 551580 shares per day over the past 10 days. A total of 17.43M shares are outstanding, with a floating share count of 16.77M. Insiders hold about 3.76% of the company’s shares, while institutions hold 90.80% stake in the company. Shares short for LB as of 1734048000 were 2485871 with a Short Ratio of 6.20, compared to 1731628800 on 1404531. Therefore, it implies a Short% of Shares Outstanding of 2485871 and a Short% of Float of 14.27.
