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(LB) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

LB Stock Forecast

(LB) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $37.00, with a high of $39.00 and a low of $34.00. This represents a -45.67% decline from the last price of $68.10.

$20 $32 $44 $56 $68 $80 High: $39 Avg: $37 Low: $34 Last Closed Price: $68.1

LB Stock Rating

stock's rating consensus is Buy, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (75.00%), 3 Hold (25.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 12 0 3 9 Strong Sell Sell Hold Buy Strong Buy

LB Forecast vs Benchmarks

TypeNameUpside
Stock-45.67%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Equipment & Services Stocks20.00%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$35.00
Last Closing Price$68.10$68.10$68.10
Upside/Downside---48.60%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25233--8
Dec, 24133--7
Nov, 2426192-29
Oct, 2426192-29
Sep, 2426192-29
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 15, 2024Theresa ChenBarclays$38.00$51.55-26.29%-44.20%
Sep 11, 2024Spiro DounisCitigroup$34.00$34.57-1.65%-50.07%
Aug 23, 2024Mark LearPiper Sandler$39.00$41.81-6.72%-42.73%
Jul 23, 2024Mark LearPiper Sandler$30.00$28.923.73%-55.95%
Jul 23, 2024John MackayGoldman Sachs$35.00$28.9221.02%-48.60%
Jul 23, 2024Roger ReadWells Fargo$34.00$29.5515.06%-50.07%
Nov 18, 2022Citigroup$50.00$79.92-37.44%-26.58%
Nov 17, 2022Wells Fargo$55.00$79.92-31.18%-19.24%
Aug 19, 2022Deutsche Bank$46.00$79.92-42.44%-32.45%
Aug 19, 2022Goldman Sachs$49.00$79.92-38.69%-28.05%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2024BarclaysEqual-WeightEqual-Weighthold
Sep 11, 2024CitigroupNeutralNeutralhold
Aug 23, 2024Piper SandlerNeutralNeutralhold
Aug 09, 2024Wells FargoOverweightOverweighthold
Jul 25, 2024Janney MontgomeryBuyinitialise
Jul 24, 2024Johnson RiceBuyinitialise
Jul 23, 2024Raymond JamesStrong BuyOutperforminitialise
Jul 23, 2024Piper SandlerNeutralinitialise
Jul 23, 2024CitigroupBuyNeutralinitialise
Mar 14, 2024JefferiesBuyupgrade

Financial Forecast

EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 $6 $7 Dec 21 Dec 22 Dec 24 Dec 25
Dec 21Dec 22Dec 24Dec 25
Reported-$-0.44--
Avg Forecast$5.83$5.70$0.99$1.61
High Forecast$5.23$4.35$0.98$1.48
Low Forecast$6.44$6.72$1.09$1.73
Surprise %--107.72%--

Revenue Forecast

$0 $4B $8B $12B $16B $20B Dec 21 Dec 22 Dec 24 Dec 25
Dec 21Dec 22Dec 24Dec 25
Reported-$51.78M--
Avg Forecast$14.34B$14.95B$113.35M$190.00M
High Forecast$13.45B$13.71B$107.70M$178.00M
Low Forecast$14.90B$19.38B$119.00M$202.00M
Surprise %--99.65%--

Net Income Forecast

$-50M $-20M $10M $40M $70M $100M Dec 21 Dec 22 Dec 24 Dec 25
Dec 21Dec 22Dec 24Dec 25
Reported-$-6.36M--
Avg Forecast$84.54M$82.65M$14.36M$23.35M
High Forecast$75.84M$63.08M$14.21M$21.46M
Low Forecast$93.38M$97.44M$15.74M$25.09M
Surprise %--107.70%--

LB Forecast FAQ

Is stock a buy?

stock has a consensus rating of Buy, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that is a favorable investment for most analysts.

What is 's price target?

's price target, set by 12 Wall Street analysts, averages $37 over the next 12 months. The price target range spans from $34 at the low end to $39 at the high end, suggesting a potential -45.67% change from the previous close price of $68.1.

How does stock forecast compare to the average forecast of its sector, industry, and investment themes?

stock forecast shows a -45.67% downside, underperforming the average forecast for the energy stocks sector (25.44%) and underperforming the oil & gas equipment & services stocks industry (20.00%).

What is the breakdown of analyst ratings for over the past three months?

  • January 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 14.29% Strong Buy, 42.86% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 6.90% Strong Buy, 20.69% Buy, 65.52% Hold, 6.90% Sell, 0% Strong Sell.

What is ’s EPS forecast?

's average annual EPS forecast for its fiscal year ending in December is 0.99 for 2024, a -325.00% decrease from the reported $-0.44 in 2023. The prediction for.

What is ’s revenue forecast?

's average annual revenue forecast for its fiscal year ending in December is $113.35M for 2024, a 118.92% increase from the reported $51.78M in 2023. The forecast for.

What is ’s net income forecast?

For its fiscal year ending in December, 's average annual net income forecast is $14.36M for 2024, reflecting a -325.67% decrease from the reported $-6.361M in 2023. The projection for.