While Landbridge Company LLC has underperformed by -0.70%, investors are advised to look at stock chart patterns for technical insight.
On January 03, 2025, Goldman started tracking Landbridge Company LLC (NYSE: LB) recommending Buy. A report published by Janney on July 25, 2024, Initiated its previous ‘Buy’ rating for LB. Johnson Rice also rated LB shares as ‘Buy’, setting a target price of $35 on the company’s shares in an initiating report dated July 24, 2024. Wells Fargo Initiated an Overweight rating on July 23, 2024, and assigned a price target of $34. Raymond James initiated its ‘Outperform’ rating for LB, as published in its report on July 23, 2024. Piper Sandler’s report from July 23, 2024 suggests a price prediction of $30 for LB shares, giving the stock a ‘Neutral’ rating. Pickering Energy Partners also rated the stock as ‘Outperform’.
Analysis of Landbridge Company LLC (LB)
Investors in Landbridge Company LLC will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.10 per share. Further, the quarter-over-quarter increase in sales is 79.32%, showing a positive trend in the upcoming months.
One of the most important indicators of Landbridge Company LLC’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.82, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and LB is recording 473.66K average volume. On a monthly basis, the volatility of the stock is set at 6.18%, whereas on a weekly basis, it is put at 5.99%, with a gain of 11.41% over the past seven days. Furthermore, long-term investors anticipate a median target price of $71.57, showing decline from the present price of $71.97, which can serve as yet another indication of whether LB is worth investing in or should be passed over.
How Do You Analyze Landbridge Company LLC Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.76%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 90.79% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LB shares are owned by institutional investors to the tune of 90.79% at present.
