With 1.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.96 million shares. During the session, the REIT – Industrial company that operates in wider Real Estate sector, reached to the highest price of $65.4464 whereas the lowest price it dropped to was $62.91. The 52-week range on LINE shows that it touched its highest point at $89.85 and its lowest point at $64.48 during that stretch. It currently has a 1-year price target of $88.00. With its current market cap of 14.42 billion, LINE has annualized dividend of $0.38 while the current yield stands at 0.60%.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LINE was down-trending over the past week, with a drop of -7.26%, but this was down by -17.68% over a month.
Float and Shares Shorts:
At present, 219.89 million LINE shares are outstanding with a float of 70.61 million shares on hand for trading. On 2024-10-31, short shares totaled 3.47 million, which was 152.0 higher than short shares on 1727654400. In addition to Mr. W. Gregory Lehmkuhl as the firm’s CEO, President & Director, Mr. Robert C. Crisci serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.24757 of LINE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, LINE reported revenue of $1335000000.0 and operating income of $85000000.0. The EBITDA in the recently reported quarter was $296000000.0 and diluted EPS was -$2.44.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With LINE analysts setting a high price target of 100.0 and a low target of 75.0, the average target price over the next 12 months is 88.0. Based on these targets, LINE could surge 58.38% to reach the target high and rise by 18.78% to reach the target low. Reaching the average price target will result in a growth of 39.37% from current levels.
Analysts have provided yearly estimates in a range of $3.18 being high and $3.03 being low. For LINE, this leads to a yearly average estimate of $3.11. Based on analyst estimates, the high estimate for the next quarter is $0.17 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.13.
