Landbridge Company LLC (NYSE:LB) traded at $68.16 at last check on current trade day and made a downward move of -12.27% on its previous day’s price.
Looking at the stock we see that its previous close was $77.69 with the day’s price range being $66.79 – $74.25. In terms of its 52-week price range, LB has a high of $84.70 and a low of $18.75. The company’s stock has gained about 16.47% over that past 30 days.
Landbridge Company LLC has a market cap of $5.38 billion and is expected to release its quarterly earnings report in February. With its Forward Dividend at 0.10 and a yield of 0.15%, the company’s investors could be anxious for the LB stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 38.04M, with a low of 34.2M and a high of 45M.
Based on estimates by 11 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Landbridge Company LLC (LB) stock as a Hold, while 8 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -5.40% off its SMA20 and -0.47% from its 50-day simple moving average. The RSI (14) is pointing at 45.93 while the volatility over the past week is 7.32% and jumps to 6.27% over the past one month. The average price target for the stock over the next 12 months is $38, with the estimates having a low of $34 and a high of $39. These price ends are 50.12% and 42.78% off the today’s price level respectively, although investors could be excited at the prospect of a 44.25% if the LB share price touches on the median price of $38.
Coming back to Landbridge Company LLC (NYSE:LB), we note that the average 3-month trading volume was 512.66K, while that of the preceding 10-day period stands at 0.51 million. Current shares outstanding are 17.43 million.
The insiders hold 3.76% of the company’s shares while institutions hold 91.54%. The data shows that short shares as of 2024-12-31, stood at 3.01 million at a short ratio of 6.26. This represents a 1295.00 short interest in shares outstanding on 2024-12-31. Shares short rose in December from the previous month at 2.22 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 5.51% up in year-to-date price movement.
