Do You Like Landbridge Company LLC (NYSE:LB) At $58.29?

In last trading session, Landbridge Company LLC (NYSE:LB) saw 0.58 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $58.29 trading at $3.53 or 6.45% at ring of the bell on the day assigns it a market valuation of $1.02B. That closing price of LB’s stock is at a discount of -38.65% from its 52-week high price of $80.82 and is indicating a premium of 67.83% 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 0.48 million shares which gives us an average trading volume of 452.73K 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 2.00. 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 0.33 in the current quarter.

Landbridge Company LLC (NYSE:LB) trade information

Upright in the green during last session for gaining 6.45%, in the last five days LB remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $58.29 price level, adding 4.43% to its value on the day. Landbridge Company LLC’s shares saw a change of 151.79% in year-to-date performance and have moved -3.22% in past 5-day. Landbridge Company LLC (NYSE:LB) showed a performance of -11.80% in past 30-days. Number of shares sold short was 2.22 million shares which calculate 4.14 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 35 to the stock, which implies a fall of -66.54% to its current value. Analysts have been projecting 34 as a low price target for the stock while placing it at a high target of 39. It follows that stock’s current price would jump 41.67% in reaching the projected high whereas dropping to the targeted low would mean a gain of 41.67% for stock’s current value.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 37.69M for the same. And 6 analysts are in estimates of company making revenue of 41.5M in the next quarter.

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

Insiders are in possession of 3.09% of company’s total shares while institution are holding 90.31 percent of that, with stock having share float percentage of 93.18%. Investors also watch the number of corporate investors in a company very closely, which is 90.31% institutions for Landbridge Company LLC that are currently holding shares of the company.