Landbridge Company LLC. (NYSE:LB) Has Already Recovered 47.67%, But Another 2.57% Gain Cannot Be Ruled Out.

In last trading session, Landbridge Company LLC. (NYSE:LB) saw 0.3 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $35.83 trading at $1.98 or 5.85% at ring of the bell on the day assigns it a market valuation of $624.52M. That closing price of LB’s stock is at a premium of 2.57% from its 52-week high price of $34.91 and is indicating a premium of 47.67% from its 52-week low price of $18.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.24 million shares which gives us an average trading volume of 466.16K if we extend that period to 3-months.

For Landbridge Company LLC. (LB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.78. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.21 in the current quarter.

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Landbridge Company LLC. (NYSE:LB) trade information

Upright in the green during last session for gaining 5.85%, in the last five days LB remained trading in the green while hitting it’s week-highest on Friday, 08/16/24 when the stock touched $35.83 price level, adding 1.48% to its value on the day. Landbridge Company LLC.’s shares saw a change of 54.77% in year-to-date performance and have moved 9.91% in past 5-day. Landbridge Company LLC. (NYSE:LB) showed a performance of 25.94% in past 30-days. Number of shares sold short was 0.53 million shares which calculate 1.65 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 48 to the stock, which implies a rise of 25.35% to its current value. Analysts have been projecting 30 as a low price target for the stock while placing it at a high target of 100. It follows that stock’s current price would jump 16.27% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.27% for stock’s current value.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 25.95M for the same. And 5 analysts are in estimates of company making revenue of 33.18M in the next quarter.

Landbridge Company LLC. (NYSE:LB)’s Major holders

Insiders are in possession of 3.18% of company’s total shares while institution are holding 94.06 percent of that, with stock having share float percentage of 97.15%. Investors also watch the number of corporate investors in a company very closely, which is 94.06% institutions for Landbridge Company LLC. that are currently holding shares of the company.