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The closing price of Landbridge Company LLC (NYSE: LB) was $72.40 for the day, down -1.21% from the previous closing price of $73.29. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
Our analysis of LB’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
Stock Price History:
Over the past 52 weeks, LB has reached a high of $84.70, while it has fallen to a 52-week low of $18.75. The 50-Day Moving Average of the stock is 7.15%, while the 200-Day Moving Average is calculated to be 40.19%.
Shares Statistics:
A total of 17.43M shares are outstanding, with a floating share count of 16.93M. Insiders hold about 2.82% of the company’s shares, while institutions hold 113.68% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 5 analysts. The consensus estimate for the next quarter is $0.37, with high estimates of $0.41 and low estimates of $0.34.
Analysts are recommending an EPS of between $1 and $0.93 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $1.78, with 4.0 analysts recommending between $1.9 and $1.71.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $43.53M. There is a high estimate of $49.69M for the next quarter, whereas the lowest estimate is $39M.
Based on 6 analysts’ estimates, the company’s revenue will be $188.13M in the next fiscal year. The high estimate is $207.11M and the low estimate is $161M.
